Credit Linked Capital Subsidy : Introduction

Credit Linked Capital Subsidy

(CLCS component of CLCS-TU Scheme)

Ministry of Micro, Small & Medium Government Of India, New Delhi – 110011

Main Features :

  1. Scheme only for micro & small sector manufacturing industries intending to set up new machines OR intending to go for replacement of its existing machinery with technologically upgraded machinery.
  2. The Scheme covers almost 51 different types of sectors / industries as eligible to get subsidy.
  3. Also covers Khadi & Village Industries as well as Coir Industries.
  4. Pattern of subsidy – @ 15% of the actual purchase price of machinery OR Rs. 15.00 Lakhs, whichever is lower.
  5. In addition to above 15% subsidy, additional 10% subsidy can be provided to enterprises with clear ownership of more than 51% & above hold by SC/ST MSEs under National SC/ST Hub (NSSH) as per the guidelines of SCLCSS.
  6. Udyog Aadhar / Udyam Registration is mandatory for applying enterprise.
  7. Acquiring of eligible machines with term loan from bank & disbursal of loan from bank is a necessary for availing this subsidy.
  8. Also, at the time of disbursal of actual subsidy to entrepreneur’s bank account, said term loan account must be live.
  9. Enterprises availing subsidy under this component of scheme shall not be eligible to avail any other subsidy for technology up-gradation from the Central / State / UT Government for the same purpose & vice versa.

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