Credit Linked Capital Subsidy Scheme

Credit Linked Capital Subsidy Scheme (CLCSS)

1. Administered By:

Ministry of Micro, Small & Medium Government of India

2. Validity Period:

The scheme is in operational till 31.03.2020 and it’s under revalidation.

3. Who will be Eligible?

Existing & New Enterprise having MSE Status is eligible.

Industry Graduating Small scale to Medium Scale on account of sanction of New Term Loan shall also be eligible.

4. Assistance Available:

Capital Subsidy @15% of basic cost of Eligible Machine or Term Loan whichever is lower with ceiling of Rs. 15 Lacs per Company.

5. Basic Conditions of Scheme:

Only New Plant and machinery as per approved list of Well Established and Improved Technologies under the CLCSS is eligible.

Machinery purchased after sanction of Term Loan shall be eligible.