MMDA Highlights |
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| III Qtr MMDA Claim should be submitted by Khadi Institutions on or before 15th January 2017 | ||
| MMDA will be 30% on Prime cost in place of Production cost and applicable only on Non-RC items. | ||
| 40% MMDA shall be for Khadi producing Institutions. | ||
| 20% for Khadi Selling institutions. | ||
| 40% will be Incentive for artisans and other karyakartas involved in production. | ||
| Incentive for Spinner/Weaver will be 30% and Incentive for other Artisans involved in Production activities will be 10%. | ||
Sample Calculation for MMDA (Non-RC) |
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| Let Prime cost be Rs.1000 and MMDA 30% . | MMDA Rs.1000 X 30% =Rs.300 |
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| MMDA for Khadi producing Institution . | Rs.300 X 40%=Rs.120 |
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| MMDA for Khadi selling Institution . | Rs.300 X 20%=Rs.60 |
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| i) Incentive for Spinners/Weaver . | Rs.300 X 30%=Rs.90 |
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| ii) Incentive for other Artisans . | Rs.300 X 10% =Rs.30 |
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| Total Incentive for Artisans . | Rs.300 X 40% =Rs.120 |
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