Sarkari Yojana
Jute Raw Material Bank Scheme
About Jute Raw Material Bank Scheme
The Jute Raw Material Bank (JRMB) Scheme sets up banks in local jute clusters nationwide, in partnership with bonafide agencies experienced in similar work and equipped with the necessary storage, display, and selling infrastructure. JRMBs source raw materials directly from Jute Mills and manufacturers at economical rates, creating backward linkages that supply jute raw material locally to Jute Artisans, WSHGs, JDP Micro & Small Units, and JRCPC beneficiaries for manufacturing JDPs. The JRMB’s objectives are:
- Setting up JRMBs in jute-producing clusters to ensure smooth, uninterrupted supply and sale of jute raw materials to JRCPC beneficiaries, WSHGs, Jute Artisans, and Micro/Small Jute manufacturers, below mill-gate prices, to keep their JDPs cost-competitive.
- Supplying finer-count yarn, 100% Jute/Union/Blended fabrics, laminated fabric, Technical Textiles, and other braided and decorative yarns for diversified applications and value addition of Jute.
- Making jute raw materials available in the right quantity and quality to JRCPC beneficiaries, WSHGs, and Micro/Small Jute manufacturers for making Jute Diversified Products.
Scheme Overview
Central Government
Ministry Of Textiles
Business Entity
Scheme Details
Eligibility Requirements
To qualify for Jute Raw Material Bank Scheme, applicants must satisfy the following conditions:
The Agency and its functionaries must be bonafide…
The Agency and its functionaries must be bonafide Indian agencies and Indian citizens.
The applicant must be a reputed registered Jute…
The applicant must be a reputed registered Jute Entrepreneur/Manufacturer, Exporter, Merchant Trader, NGO, Cooperative Society, Federation, PSU/Organization of the Central/State Govt., or other firm/Agency engaged in product identification and marketing of Jute Diversified Products (JDPs) for at least three years.
Recognized agencies with at least three years' experience…
Recognized agencies with at least three years' experience trading and promoting JDP production and marketing, or similar work in Handloom, Handicrafts, and Textiles, get preference.
The CA/OA must have its own office with…
The CA/OA must have its own office with telephone/mobile connection, computer/laptop with email facilities, and at least 200 sq. ft of space to run the JRMB.
Benefits Provided
Jute Raw Material Bank Scheme provides the following benefits to eligible applicants:
Financial Support of 30% on Sales Value
Financial Support of 30% on Sales Value
Capped at ₹12,00,000/- per year for each JRMB
Capped at ₹12,00,000/- per year for each JRMB
This covers
This covers:
A 5% direct discount on the mill-gate price…
A 5% direct discount on the mill-gate price passed to beneficiaries
25% towards transportation and operational costs
25% towards transportation and operational costs
Extra Freight Subsidy
Extra Freight Subsidy
JRMBs located in hilly or high-transport-cost areas (e.g.,…
JRMBs located in hilly or high-transport-cost areas (e.g., J&K, Himachal Pradesh, Uttarakhand, NER states) get ₹1.50 per kg
100% Reimbursement
100% Reimbursement
Support is released every quarter once valid documents…
Support is released every quarter once valid documents (invoices, GST returns, certified bank statement) are submitted
Raw Jute at Affordable Prices
Raw Jute at Affordable Prices
Raw jute materials can be bought at subsidized…
Raw jute materials can be bought at subsidized rates by Jute Artisans, Women Self-Help Groups (WSHGs), and small JDP units
Dependable Supply Chain Support
Dependable Supply Chain Support
Provides steady, low-cost access to jute fabrics, yarns,…
Provides steady, low-cost access to jute fabrics, yarns, and decorative materials sourced from certified suppliers
Documents Required
Applicants should keep the following documents ready before starting the application:
The company's PAN Card
The company's PAN Card.
Applicant's identity document along with proof of address
Applicant's identity document along with proof of address.
Evidence that the premises are rented or owned
Evidence that the premises are rented or owned.
Particulars of GST Registration
Particulars of GST Registration.
A Trade License, if one is held
A Trade License, if one is held.
A map showing where the JRMB is located
A map showing where the JRMB is located.
Photos showing the inside and outside of the…
Photos showing the inside and outside of the JRMB, combined into a single pdf.
Income Tax Returns for the last three years,…
Income Tax Returns for the last three years, combined into a single pdf.
Balance Sheets certified by a C.A for the…
Balance Sheets certified by a C.A for the last three years, combined into a single pdf.
Documents supporting the applicant's work experience
Documents supporting the applicant's work experience.
Records of funds received from Govt
Records of funds received from Govt. organizations.
A recommendation from the DM / Dist
A recommendation from the DM / Dist. Collector / DIC / BDO / NABARD/DRDA, etc.
How to Apply
Offline Application
Applicants can apply for Jute Raw Material Bank Scheme through the offline application process outlined below.
Application Process
1. Submit proposals as a hard copy application form (Annexure-1) in a sealed cover, with every page numbered and signed by the agency's authorized representatives.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.