Government of India
dcdi[hyphen]bang[at]dcmsme[dot]gov[dot]in | 080-231515 81/82/83

CLCSS - Credit Linked Capital Subsidy Scheme for Technology Upgradation of MSEs

15% capital subsidy (Upto Rs.15 lakh) of investment in eligible Plant & Machinery. Eligible loan limit is upto Rs. 1 Crore

Objectives

The Scheme aims at facilitating technology up-gradation by providing 15% upfront capital subsidy up to a maximum cap of ₹ 15 lakhs (i.e., maximum investment in approved machinery is Rs. 1 crore) to MSE units including tiny, khadi, village and coir industrial units on institutional finance availed by them for induction of state-of-the-art or near state-of-the-art technology for up-gradation of the present technology level to a substantially higher one involving improved productivity, and/or improvement in quality of product and/or improved environmental condition including work environment.

Description

MSEs can get a capital subsidy (15%) on credit availed for technology upgradation

Who can apply?

1. Banks and financial institutions can apply to DC-MSME for availing support.

2. MSMEs need to directly contact the respective banks for getting credit and capital subsidy

Scheme Guidelines:

http://msme.gov.in/WriteReadData/DocumentFile/CreditLinkCapitalSubsidyScheme.pdf

Performance / Achievements:

http://msme.gov.in/MyMsme/Reg/COM_ClcssAppForm.aspx