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Credit Linked Capital Subsidy Scheme (CLCSS)

OVERVIEW

Scheme Overview

Effective Date :
  • CLCS Component - 01.04.2017
  • Reference date should be after 01.04.2017
  • SCLCSS Component - 17.05.2017
  • Reference date and Sanctions letter both should be after 17.05.2017
  • Reference Date: the date of disbursement of last instalment
Policy Period : 2017 – 2020
Expiry Date: 31.03.2020 or exhausting of funds whichever is earlier
  • Implementing / Nodal Agencies : SIDBI, NABARD, SBI, Punjab National Bank, Bank of Baroda, Canara Bank, Corporation Bank, Indian Bank, Andhra Bank and TIICL
Routing of Application : Through Banks / Financial Institutions
Budget Allocation : Rs. 2360 Cr (including committed liabilities)
Objectives
  • Facilitating technology upgradation by providing capital subsidy to Micro Small Enterpreneur (MSE) units for their plant and machinery involved in manufacturing process and equipment for rendering services
  • The intervention is only to facilitate Technology up-gradation to MSEs through institutional finance for induction of well established and proven technologies in specified sub-sectors / products.
Eligible Beneficiaries
  • Micro and Small Industries
  • Industry graduating from small to medium scale on account of sanction of additional term loan.
Quantum of Benefit
General Category
  • 15% of TL (only plant & machinery component)
  • Max Cap - 15 Lakhs
SC / ST Category
  • Ceiling Limit of TL - Rs. 100 Lakhs
Ceiling Limit of TL – Rs. 100 Lakhs
Application – Cut Off Dates

Reference Date

01.04.2017 to 31.03.2018
01.04.2018 to 31.03.2019
01.04.2019 to 31.12.2019

Reference Date

05.09.2019 to 05.11.2019
06.11.2019 to 15.12.2019
16.12.2019 to 15.01.2020
We are the professional independent subsidy consulantant who understands the requirement of today’s enterprise, businesses and citizens of india.We are merely a consultancy service providing company and not in any affiliation/collaboration with any Government/Department.Content published in website has no Legal Sanctity and is for general reference only. Visitors of this website are required to refer the official documents published by the Goverments to ascertain the facts.

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We are the professional independent subsidy consulantant who understands the requirement of today’s enterprise, businesses and citizens of india.We are merely a consultancy service providing company and not in any affiliation/collaboration with any Government/Department.Content published in website has no Legal Sanctity and is for general reference only. Visitors of this website are required to refer the official documents published by the Goverments to ascertain the facts.