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Centre to come out with Coir policy and Coir Vision

Press Trust of India  |  Thiruvananthapuram 

With a view to maximise the potential in the sector, the Centre would soon announce a new policy and Cori-2020, of State said here today.

The targeted export of products worth Rs 20,000 crore and domestic sale of Rs 40,000 crore by 2021-22, Singh, the for (Independent charge) Micro,Small and Medium Enterprises told reporters.

It was also expected to generate 20 lakh new jobs in the sector during the period, said.

An amount of Rs 1.16 crore has been made available during 2017-18 through for modernisation of 179 coir units in the state, he said.

Common Facility Centres would be started in coir clusters through funds from Scheme of Funds for Regeneration of with a total cost of Rs 1.73 crore,he said, adding that of this amount, Rs 1.43 crore was a grant from the Centre.

The under construction at Ballussery in Kozhikode would be completed soon, he said.

Singh said there are also plans to modernise coir showrooms in a phased manner.

Chairman C P Radhakrishnan was also present on the occasion.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 08 2018. 18:11 IST