CLCSS Scheme / Credit Linked Capital Subsidy Scheme (CLCSS)
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 up-to Rs.1 crore.
1.Machinery purchase after October 2011.
2.Organisation must be registered with MSME the unit with investment in Plant & Machinery is less than Rs 5 Crores prior to the purchase of the machinery.
3.Term loans from Nationalized bank
4.Your industry and the machinery are in accordance with the scheme table.