The cabinet committee on economic affairs ccea has approved the changes in ceiling of credit from. Credit linked capital subsidy scheme for technology upgradation. The scheme was launched in october, 2000 and revised w. Gtab of the credit linked capital subsidy scheme clcss held on february 17, 2006 the following nine public sector banks government agencies have also been inducted as nodal banksagencies for implementation and release of capital subsidy under the clcss. Credit linked capital subsidy scheme clcss schemesprogrammes. Another cabinet proposal to set up a nonbanking financial company nbfc with an initial corpus of rs 2, crore to meet credit needs of the food processing sector is expected to be taken up in the next week, she said. The revised scheme aims at facilitating technology upgradation by providing 15% up front capital subsidy to mses, including tiny, khadi. The revised scheme aims at facilitating technology upgradation by providing 15% up front capital subsidy to mses, including tiny, khadi, village and coir industrial units, on institutional finance availed by them for induction of well established and improved technologies in specified subsectorsproducts approved under the scheme.
Evaluation of credit linked capital subsidy scheme clcss. Office memorandum for clcss scheme by ministry of msme. Contact details of nodal banksagencies under clcss s. The credit linked capital subsidy scheme clcss was launched on 1st october, 2000. Contact details of nodal bank officers under clcss. Get to know the icnreased carpet size under pmay and apply online for affordable home loans with instant approval facility at wishfin. The revised scheme aims at facilitating technology upgradation of micro and small enterprises by providing 15% capital subsidy 12% prior to 2005 on institutional finance.
Narula,dy general manager sidbi, hyderabad mission of sidbi to empower the micro, small and medium enterprises msme for economic growth, employment generation and balanced regional development of our country. Detailed schemes and operational guidelines, 2018 for. The clss is aimed at increasing the institutional credit flow to the housing needs of the urban poor as a demand side intervention. Related scheme, scheme for credit linked capital subsidy for.
Prime minister employment generation programme pmegp click here to apply 19. Credit link capital subsidy scheme for technology upgradation. In the varying mosaic of technology obtaining in more than 7500 products in the indian small. One of these subsidy scheme is credit linked capital subsidy scheme clcss. Clcss technical guidelines tablet pharmacy extrusion scribd.
Units which have already availed subsidy under the prerevised clcss scheme cannot claim additional subsidy on account of difference in the rate of subsidy which. Sector has a potentially strong clientele among the middle and upper echelons of the society. The first time home buyers may avail the benefits of clss home loans scheme till 31st march 2020. Credit linked subsidy scheme for ewslig beneficiaries of economically weaker section ews and low income group lig seeking housing loans from banks, housing finance companies and other such institutions would be eligible for an interest subsidy at the rate of 6. Credit linked capital subsidy scheme guidelines circle office index sl no.
The capital subsidy is provided to ssis for the modernization of their production equipment plant and machinery and techniques. Credit linked capital subsidy scheme for technology upgradation description. Msme databank introductory video website launched by sh. First supplement of the revised guidelines on the credit.
Credit linked capital subsidy scheme clcss is for technology upgradation of micro and small enterprises mses in the country. The scheme is a demand driven one without any upper limit on overall annual spending on the subsidy disbursal. The credit linked capital subsidy scheme clcss for technology upgradation of ssi was launched by the government of india during 200001 with the aim to facilitate technology upgradation by ssi units in the specified products subsectors by providing capital sub. The objective of the scheme is to facilitate technology upgradation in mses by providing an upfront capital subsidy of 15 per cent on institutional finance of upto rs 1 crore availed by them for induction of wellestablished and improved technology in the specified 51 subsectorsproducts approved. Linked capital subsidy scheme clcss for technology. Multi colour flexo printer slotter for flexographic printing, 7, processed products. Onetime relaxation of 31 days to all nodal banksagencies for submission of online applications for claims under credit linked capital subsidy scheme clcss. Implementation of scheme for schedule m compliance for.
Clcss technical guidelines free download as pdf file. Vodafone business services digilogue your guide to digitally transforming your business. Under this scheme, the government will provide subsidy on. Cluster development programme click here to apply 17. Machinery purchased under hire purchase scheme of the nsic are also eligible for subsidy under this scheme industry graduating from small scale to medium scale on account of sanction of additional loan under clcss shall be eligible for assistance eligibility for capital subsidy under the scheme is not linked. Iso 9000iso 14001 certification reimbursement scheme 04 4. Credit linked capital subsidy scheme clcss for technology upgradation, an indian government scheme launched in october 2000. The government on thursday launched the updated credit linked capital subsidy scheme clcss to allow micro, small and medium enterprises msmes access to capital.
Msme business solution clcss, psi, tequp, tuf,mofpi, ssi. Clss guidelines housing and urban development corporation. The credit linked capital subsidy scheme clcss shall be available only for such eligible units where term loan has been sanctioned by the corporation on or after october 1, 2000. Credit linked capital subsidy scheme for technology upgradation 03 3. All other guidelines remains the same in respect of above scheme. Credit linked capital subsidy scheme clcss schemes. Credit link capital subsidy scheme for technology upgradation summary of the scheme. The ministry of micro, small and medium enterprises, govt. Credit linked capital subsidy scheme clcss for technology upgradation of. Clcss scheme objective, subsidy, eligibility, documents.
The scheme aims at facilitating technology upgradation by providing upfront capital subsidy to ssi units, including tiny. The scheme aims at helping technology upgradation by providing upfront capital subsidy to ssi units, including tiny units, khaadi units, village units and coir industrial units. Name of name and designation of the name and designation of the email nodal bank nodal officer with contact details 2nd nodal officer with contact details 1. The credit linked capital subsidy scheme clcss aims f general knowledge today.
Govt launches updated credit linked capital subsidy scheme. Clss ewsligmig scheme for 20 year home loans till march 2019. Consequent upon the enactment of the msmed act, 2006 the name of the credit linked capital subsidy scheme for technology upgradation of small scale industries clcss will now be credit linked capital subsidy scheme clcss. The existing ssi units registered with the state directorate of industries, which upgrade with. Credit linked capital subsidy scheme 2 technology upgradation as defined under the scheme, technology upgradation would ordinarily mean induction of stateoftheart or near stateoftheart technology. Arun jaitley, finance minister, goi on 11 th, august 2016 gazette notification dated 29. Among the above clss is the only scheme that is implemented as a central sector scheme, rest will be implemented as a central sector sponsored schemes.
Subsidy under clcss cannot be claimed where buyers credit. Pradhan mantri awas yojanacredit linked subsidy scheme clsshousing for allurbanby 2022 the ministry of housing and urban poverty alleviation mohupa government of india has implemented the interest subvention scheme known as credit linked subsidy scheme. Machinery purchased under hire purchase scheme of the nsic are also eligible for subsidy under this scheme industry graduating from small scale to medium scale on account of sanction of additional loan under clcss shall be eligible for assistance eligibility for capital subsidy under the scheme is not. Multiple os environments can exist, high reliability, disaster recovery system. Credit linked capital subsidy scheme guidelines circle. The objective of the scheme is to facilitate technology upgradation in msmes by providing an upfront capital subsidy of 15 per cent on institutional finance of up to rs 1 crore availed by them for induction of wellestablished and improved technology in the specified 51 subsectorsproducts approved.
Credit linked capital subsidy scheme clcss the clcss scheme is operated by the ministry of msme micro, small and medium enterprises since oct2000 in all over india. Coir industry is an agrobased traditional industry, which originated in the state. Credit linked capital subsidy scheme clcss small scale. The objective of credit linked capital subsidy scheme clcss is to facilitate technology upgradation in micro and small enterprises mses by providing capital subsidy of 15 per cent limited to maximum of rs. Orientation programme on credit linked capital subsidy scheme. Credit linked capital subsidy scheme clcss for technology upgradation of the small scale.
Application form for assistance under credit linked capital subsidy scheme for technology upgradation of the small scale industries clcss to be submitted in triplicate, photocopies may be used. The credit linked subsidy scheme clss was launched by the ministry of housing and urban poverty alleviation mohupa in june 2015. Requests from various banks for cooption as pli with siobl under clcss reg. Eligible units must apply for subsidy support at the time of loan application itself. Application form for assistance under credit linked. This scheme was launched in october2000 and has been revised over the years.
Credit linked subsidy scheme clss ewsligmig schemes 2020. The ministry of msme had commissioned an evaluation study of the credit linked capital subsidy scheme clcss through national institute of labour economics research and development nilerd where the effectiveness of the scheme was being evaluated and its impact was being assessed. The scheme aims at facilitating technology upgradation by providing 15 per cent upfront capital subsidy up to a maximum cap of. To make the credit linked capital subsidy scheme clcss more. Credit linked capital subsidy scheme click here to apply 16. Credit linked subsidy scheme provides the subsidy up to rs.
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