Jute Raw Material Bank (JRMB) Scheme – Government of India

1. What is JRMB?

It’s a scheme by the National Jute Board (NJB), under the Ministry of Textiles, aimed at establishing raw material banks in jute-growing regions. These banks supply jute fibre, yarn, and other materials at mill-gate or subsidised prices to support the production of jute diversified products (JDPs) such as bags, handicrafts, and technical textiles Reddit+10IndiaFilings+10Government schemes+10.

2. Objectives

  • Ensure steady and affordable access to jute raw materials in clusters.
  • Support MSMEs, artisans, and Women SHGs in the production of JDPs.
  • Stimulate demand for jute, promoting rural employment and farmer income security Government schemes.

3. Who Can Benefit / Eligibility

  • Registered Indian agencies: NGOs, cooperatives, micro‑entrepreneurs, exporters, PSUs engaged in jute or textile products (minimum 3 years experience) Government schemes.
  • Agencies must have office space (≥200 sq ft), turnover ≥ ₹10 lakh annually, and basic infra (computer, internet, storage) Vikaspedia+1Government schemes+1.

4. Benefits & Financial Support

  • Up to 30% support on annual sales value, capped at ₹12 lakh/year per JRMB.
    • 5% cash discount to end users (MSMEs, artisans).
    • 25% reimbursement to cover transport and handling.
  • Additional ₹1.50/kg freight subsidy for banks in hilly or Northeast states Reddit+6Government schemes+6IndiaFilings+6.

5. Process to Apply

  • Submit offline proposal (hard copy) to NJB headquarters in Kolkata:
    “Proposal for JRMB – [Agency & location]” Textile Value Chain+5Government schemes+5Vikaspedia+5.
  • Applications are processed monthly; no fixed deadline.
  • Must include complete required documentation.

6. Documents Needed

  • Agency proof: MoU/AoA, partnership deed, trade license, Aadhaar, etc.
  • Financial records: PAN, GST returns (last 3 years), audited statements.
  • Experience certificates, turnover evidence, recommendation letters (e.g., DIC, NABARD).
  • Infrastructure proof: ownership/rental documents, office layout, facilities details VikaspediaGovernment schemes.

7. How to Get Benefit (Step‑by‑Step)

StepAction
1Ensure your agency meets eligibility (experience, turnover, infrastructure).
2Draft a proposal using the prescribed format with documents and credentials.
3Mail the sealed, signed application to NJB, Kolkata.
4Upon approval, sign an MoU and set up the JRMB in your target cluster.
5Source raw materials from mills, sell onward to beneficiaries at mill‑gate rates + minimal markup.
6Claim reimbursement quarterly after submitting audited statements, invoices, GST returns.

8. Who Gains From It?


✅ Summary

The JRMB scheme, managed by the National Jute Board, is designed to build raw material supply chains close to jute-product clusters. It targets support to MSMEs, artisans, SHGs, and jute product manufacturers, offering financial aid up to ₹12 lakh/year and ensuring access to jute at competitive prices. Agencies must meet eligibility criteria, submit a detailed offline application, and comply with quarterly reporting to claim benefits.

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