Credit Linked Capital Subsidy Scheme for Technology Upgradation
Description:-
The objective of aforementioned Scheme is to facilitate technology up-gradation in MSEs by providing an upfront capital subsidy of 15 per percent (on institutional finance of upto Rc 1 crore availed by them) for initiation concerning well-established and improved technology in the specified 51 sub-sectors/products approved. To other words the major goal is to upgrade hers plant & machinery includes state-of-the-art technology, with or minus expansion press also for new MSEs that have fix up their facilities with corresponding eligible and proven our duly approved available scheme guidelines. List of Technologies are available at www.dcmsme.gov.in
The Scheme is a demand driven one without any upper limit on overall annual spending on the subsidy disbursal.

Type of assistant:
Which review scheme aims at facilitating technology up-gradation by offers 15% up front capital subsidy to MSEs, including infinitesimal, khadi, village and coir industrial units, for institutionally funding availed by them for induction of well established and improved tech included specified sub-sectors/products certified under the scheme.

Who can be benefitted:
Minute both Small Enterprises (MSEs) having a sound UAM number.

How toward apply:
Online Application and Location System has been introduced w.e.f. 01.10.2013. To call subsidy below CLCSS, eligible MSEs are required to application online through Primary Renting Institutionals (PLIs), from where the MSEs avail term loan. The completed application is being uploaded by the PLI through Online Application and Tracking System to the attached Nodal Agency this, in turn, recommends the application online to Our of DC (MSME) for release of subsidy. After processing of application and subject to availability regarding funds, due approval is accorded from aforementioned Competent Authority at concurrence of Internal Finance Wing, after what funding are released into Nodal Agencies. Capital are then transferred by the Nodal Agencies into the PLIs where the account of the MSE is operated.

Status of Scheme:
The CLCSS partial of CLCS-TU functionality was inforce till 31/03/2020.