Credit Linked Subsidy Yojana: Small industries on behalf of Ministry of Micro, Small and Medium Enterprises Subsidy To promote their production by providing access to capital CLCSS ,Credit Linked Subsidy Yojana) It was started. This Plan Under, qualified enterprises can avail 15% capital subsidy on a lawn taken from a financial institution.
The plan started in the year 2000
The scheme was started by the Government of India in the month of October 2000. it MSME To customize Revenue Creation was started to help improve their technology. However, this scheme Beneficiary To become, individuals are special among other requirements Eligibility The criteria will have to be met. In India, MSMEs often work with old technology due to lack of funds. In such a situation, this scheme helps in making new technology and equipment good.
What is the purpose of credit linked subsidy scheme
This Plan The first objective of is to provide state -of -the -art technology to enterprises plant and machinery without worrying about expansion. Under this scheme, businessmen in specific machinery Investment But you can get subsidy of up to 15%. Subsidy For you have to take care that Subsidy The upper limit of Rs 1 crore. The CLCSS scheme is available for those enterprises, who have invested their money in the machinery with a fixed lawn from the approved list of financial institutions.
These people get additional 10% grant benefit
Under CLSS, the industries that have been converted from small to moderate levels by taking loan Subsidized scheme Can benefit from According to the revised CLSS scheme, additional 10% subsidy is given to Scheduled Castes/Scheduled Tribes entrepreneurs, which belong to selected districts of Northeast or other hilly areas.
आधार कार्ड लोन योजना
Nodal agencies for credit linked capital subsidy scheme
- 1. Bank of India
- 2. State Bank of India
- 3. Indian Bank
- 4. Bank of Baroda
- 5. Andhra Bank
- 6. Punjab National Bank
- 7. Corporation Bank
- 8. Canara Bank
- 9. State Bank of Bikaner and Jaipur
- 10. Tamil Nadu Industrial Investment Corporation
- 11. Small Industries Development Bank of India or SIDBI
- 12. National Agricultural and Rural Development Bank or NABARD
Documents required to take advantage of Credit Linked Capital Subsidy Scheme
- Identity certificate
- Evidence of commercial address
- Applicants’ address proof
- Proof of business
- PAN card of applicant and concerned company
- Passport Size Photo
Eligibility Criteria for Plan
- MSME Small and micro enterprises related to sub-sectors specified by the Ministry Subsidized scheme Will be eligible for
- This Plan Under both new and existing enterprise can get the benefit of subsidy.
- Small and micro enterprises located in semi-urban and rural areas with valid UAM numbers will also be eligible to take advantage of the scheme.
- Typically, enterprises include single ownership, private limited companies, small scale industries, khadi, coir units, partnerships, village industries etc.
How can you take advantage of the scheme
- To get subsidy, first you have to apply through a listed financial institution.
- Now MSME of official website But the user has to login with ID and password.
- Now the user has to click on the link ‘Apply for subsidy’ on the work menu.
- Now you have to enter the required details to move forward.
- After this, details about machinery or equipment have to be entered.
- Now you have to submit your form.
- Once the form is submitted, it will be reviewed.
- After this, the applicant will be given the benefit of the scheme.
