Credit linked Capital Subsidy Scheme under Ministry of MSME

Don't want to miss the best from Business Standard?

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.15.00 lakhs) on institutional finance availed by them for induction of well-established and improved technology in the specified 51 sub-sectors/products approved under the scheme. Maximum limit of eligible loan for calculation of subsidy under the Scheme is Rs.100.00 lakhs.

Presently, there are 12 Nodal Banks/Agencies under CLCSS :

1. Small Industries Development Bank of India

2. National Bank for Agriculture and Rural Development

3. Bank of Baroda

4. State Bank of Bikaner and Jaipur

5. Bank of India

6. Indian Bank

7. Corporation Bank

8. Canara Bank

9. State Bank of India

10. Punjab National Bank

11. Tamilnadu Industrial Investment Corporation

12. Andhra Bank

List of approved sectors / sub-sectors under Credit Linked Capital Subsidy Scheme

i. Bio-tech Industry

ii. Common Effluent Treatment Plant

iii. Corrugated Boxes

iv. Drugs and Pharmaceuticals

v. Dyes and Intermediates

vi. Industry based on Medicinal and Aromatic plants

vii. Plastic Moulded/ Extruded Products and Parts/ Components

viii. Rubber Processing including Cycle/ Rickshaw Tyres

ix. Food Processing (including Ice Cream manufacturing)

x. Poultry Hatchery & Cattle Feed Industry

xi. Dimensional Stone Industry (excluding Quarrying and Mining)

xii. Glass and Ceramic Items including Tiles

xiii. Leather and Leather Products including Footwear and Garments

xiv. Electronic equipment viz test, measuring and assembly/ manufacturing, Industrial process control; Analytical, Medical, Electronic Consumer & Communication equipment etc.

xv. Fans & Motors Industry

xvi. General Light Service(GLS) lamps

xvii. Information Technology (Hardware)

xviii. Mineral Filled Sheathed Heating Elements

xix. Transformer/ Electrical Stampings/ Laminations /Coils/Chokes including Solenoid coils

xx. Wires & Cable Industry

xxi. Auto Parts and Components

xxii. Bicycle Parts

xxiii. Combustion Devices/ Appliances

xxiv. Forging & Hand Tools

xxv. Foundries - Steel and Cast Iron

xxvi. General Engineering Works

xxvii. Gold Plating and Jewellery

xxviii. Locks

xxix. Steel Furniture

xxx. Toys

xxxi. Non-Ferrous Foundry

xxxii. Sport Goods

xxxiii. Cosmetics

xxxiv. Readymade Garments

xxxv. Wooden Furniture

xxxvi. Mineral Water Bottle

xxxvii. Paints, Varnishes, Alkyds and Alkyd products

xxxviii. Agricultural Implements and Post Harvest Equipment

xxxix. Beneficiation of Graphite and Phosphate

xl. Khadi and Village Industries

xli. Coir and Coir Products

xlii. Steel Re-rolling and /or Pencil Ingot making Industries

xliii. Zinc Sulphate

xliv. Welding Electrodes

xlv. Sewing Machine Industry

xlvi. Industrial Gases

xlvii. Printing Industry

xlviii. Machines Tools

xlix. Copper Strip Industry:

l. Ferric and Non-Ferric Alum

ll. Pesticides Formulation

Powered by Capital Market - Live News