The Ministry of Micro, Small and Medium Enterprises (MSME) is operating a scheme for technology upgradation called, Credit Linked Capital Subsidy Scheme (CLCSS). Under the Scheme, capital subsidy at 15% of value of plant & machinery is provided on loans upto Rs.1 crore.
The beneficiaries eligible under the Scheme include sole Proprietorships, Partnerships, Co-operative societies, Private and Public Limited companies in the Micro and Small Enterprises sector. Industries graduating from small scale to medium scale on account of sanction of additional loan under CLCSS are also eligible for assistance. The units covered include existing and new units registered with the State Directorate of Industries, setting up or upgrading their facilities with technology listed under the Scheme guidelines. The Scheme applies to projects where term loans have been disbursed by the eligible Primary Lending Institutions (PLI) on or after 1st April 2013.
In case you have a Term Loan, please fill the form and submitt. We will revert back to you with the details of your eligibility.
Fill this form for subsidy.