J&K Handicraft Working Capital Subsidy
By Industries & Commerce Department, Government of Jammu & Kashmir
Check your eligibility
Sign up and we'll tell you whether your startup qualifies for this grant.
Quick Answer
One-time subsidy of up to 10% of a handicraft unit's one-year working capital, capped at Rs 5 lakh.
- Funding amount
- Up to ₹5L
- Funding type
- Subsidy
- Application deadline
- Rolling
- Location
- Jammu and Kashmir
About this subsidy
Under the J&K Wool Processing, Handloom & Handicraft Policy 2020, a handicraft unit can claim a one-time working capital subsidy.
The subsidy is up to 10% of the working capital deployed for one year, subject to a maximum of Rs 5 lakh. It is aimed at the recurring cash squeeze handicraft businesses face — buying raw wool, yarn and materials, paying artisans, and holding finished stock through a long selling cycle.
Being one-time, it is best claimed in a year when your working capital deployment is at its highest, so the 10% computation lands closer to the Rs 5 lakh ceiling.
Eligibility
See if you're eligible
Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Subsidy providers
Provider
Industries & Commerce Department, Government of Jammu & KashmirJammu · Jammu and Kashmir · India
The Industries & Commerce Department of the Government of Jammu & Kashmir is the Union Territory's department for industrial and commercial development. Its online front door is the J&K Single Window portal, where a business registers once, applies for departmental approvals and…
Learn moreBenefits & Funding
- Amount
- Up to ₹5L
What You Get
A one-time working capital subsidy of up to 10% of the working capital deployed for one year, capped at Rs 5 lakh. It is a direct cash subsidy against the unit's own working capital rather than a loan, so nothing is repayable. For a handicraft unit financing raw material and artisan wages ahead of sales, it takes a meaningful bite out of a full year's carrying cost.
- Disbursement
- Lump Sum
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
No competitive selection. The claim is verified against certified working capital deployment and the policy's 10% rate and Rs 5 lakh ceiling.
Application Process
- 1
Register the unit
Register the handicraft unit under the Handloom & Handicraft Policy 2020.
You - 2
- 3
- 4
- 5
How to apply
Four steps from draft to disbursement — one action each.
- 1
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 2
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 3
Submit on the official portal
Use the official application link and verify all details before final submission.
- 4
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
How much is the subsidy?
Up to 10% of the working capital for one year, subject to a maximum of Rs 5 lakh.
Can I claim it more than once?
No, it is a one-time working capital subsidy.
Who is eligible?
Units in the handicraft sector covered by the J&K Wool Processing, Handloom & Handicraft Policy 2020.
Is it a loan?
No. It is a subsidy against your working capital and is not repayable.
What counts as working capital?
The working capital deployed by the unit over one year, as certified in the claim; the subsidy is computed as 10% of that, capped at Rs 5 lakh.
Where do I apply?
Through the J&K Single Window portal under the Wool Processing, Handloom & Handicraft Policy 2020.
Sources
Data on this page is compiled from official program and provider references.
