1. The spinning mill must collect a minimum of ₹80,00,000/- or at least 5% of the project cost as member shares.
2. The project submitted by the spinning mill must be enumerated by recognized financial institutions/banks, which will also check the project report.

Recognized Institutions for Enumeration

1. Maharashtra Industrial & Technical Consultancy Organization Ltd. (MITCON), Pune.
2. Agriculture Financial Corporation, Mumbai.
3. Dattajirao Technical Institute, Ichalkaranji.

NOTE 1: Ensure that all financial contributions and project details are documented and verifiable.

NOTE 2: The spinning mill should engage with recognized institutions early in the project planning phase to facilitate a smooth enumeration process.

NOTE 3: Proper financial management is essential to meet the project cost and member share requirements.

1. Passport-sized photograph (signed across).
2. Recent financial statements of the spinning mill.
3. Detailed project report enumerated by a recognized financial institution.
4. Identity proof, address proof, and any other required documents, all self-attested.
5. Any prior approvals from the Textile Department.
6. Any other documents as specified by the concerned authority.