Technology Mission on Coconut, assistance for coconut processing units TMOC
A credit linked, back ended subsidy for setting up, modernising or expanding units that make value added coconut products such as virgin coconut oil, desiccated coconut or coconut water.
Last updated on
- Cost to apply
- Free
- Status
- Status unclear
- Run by
- Coconut Development Board, Ministry of Agriculture and Farmers Welfare
What you get
- Subsidy of 25% of the project cost, up to ₹50 lakh, paid back ended through the lending bank
- Modernisation and expansion of existing units is also covered
Who can apply
- Open to businesses in food processing and farming, fisheries and livestock.
- The most on offer is ₹50 lakh.
- The project must be submitted through a bank with a term loan of at least 40% of the project cost
- Open to individual entrepreneurs, groups of farmers, NGOs and other organisations
How to apply
- Prepare a project report
- Get a term loan sanctioned by a bank for at least 40% of the project cost
- Submit the application with the project report through the bank to the Coconut Development Board
In person, apply through the lending bank to the Chairman, Coconut Development Board, Kera Bhavan, Kochi
In Kerala, Coconut Development Board head office, Kera Bhavan, Kochi
Documents to keep ready
- Application in the prescribed format
- Project report
- Bank loan sanction
Figures you may see elsewhere
A Coconut Development Board advertisement gives up to 33.3% of project cost for SC, ST and women entrepreneurs, still capped at ₹50 lakh. A CDB project profile gives ₹500 lakh, which looks like a typo.
Worth knowing
The terms come from the Board's Citizens' Charter, which dates from about 2015. The scheme's 2026-27 status and terms are not confirmed on the Board's current website, so check with the Board.
Where we found this
An independent guide by The Company of Four, not a government website. Schemes change often, so check every detail on the official website before you apply. Links marked ↗ open external websites that we do not run, and we are not responsible for their content. Seen something out of date? Tell us and we will look into it.