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Introduction :
Ministry of MSME, Government of India is implementing a scheme "Setting up Mini Tool Room & Training Centres under the PPP Mode", by rendering financial assistance to Private Partners/States/State Agencies during XI plan. The Tool Room facilities are the backbone of manufacturing sector as they create dies, tools, moulds, jigs, fixtures, gauges and precision components without which the production units cannot operate at all.
The objective of the scheme is to develop more tool room facilities i.e. technological support to MSMEs, by creating capacities in the private sector for designing and manufacturing quality tools and also to provide training facilities in the related areas.
Implementation :
The scheme will be implemented in following 3 models in order of preference:
Model
No. |
Tool
Room to be implemented and managed by |
Quantum
of Government of India Financial assistance, available
under the model |
I |
Private
Partner, i.e, an individual, firm, company, association,
NGO or society (Central PPP Model) |
To
fill the Viability Gap restricted to 40% of the
project cost or Rs. 9.00 crore which ever is less. |
II |
SPVs
set up by States in partnership with private partners.
(State PPP Model) |
90%
of the cost of machinery and equipments restricted
to Rs. 9.00 crore. |
III |
State
Govt or State Agencies, other than NGOs (Centre-State
model) |
90%
of the cost of machinery and equipments restricted
to Rs. 9.00 crore. |
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