SUBSIDY ASSISTANCE

MSME Services provides assistance to MSME firms in availing of subsidy under various schemes of central government

  • Credit Linked Capital Subsidy Scheme for Technology Upgradation (CLCSS) for Micro, Small and Medium Enterprises (MSME)

Capital subsidy up to Rs. 15.00 lacs by the Central Government helps you upgrade technologies in order to become competitive by enhancing the quality of the products and reducing the costs.

The Ministry of MSME is operating a scheme for technology upgradation of Small Scale Industries (SSI) called the Credit Linked Capital Subsidy Scheme (CLCSS). The Scheme aims at facilitating technology upgradation by providing upfront capital subsidy to SSI units, including tiny, khadi, village and coir industrial units, on institutional finance (credit) availed of by them for modernisation of their production equipment (plant and machinery) and techniques. The Scheme provided for 15 per cent capital subsidy to SSI units, including tiny units, on institutional finance availed of by them for induction of well established and improved technology in selected checklist-logosubsectors/products approved under the Scheme.

We have assisted numerous industrial units in successfully availing Credit Linked Capital Subsidy for Technology Upgradation Scheme (CLCSS). If your unit is new or you propose to undertake expansion/upgradation of the existing unit by incorporating new technologies for production activities, then it is right time for you to call us for taking immediate steps.

  • Integrated Development of Leather Sector (IDLS) Sub-Scheme of Indian Leather Development Programme

The sub-scheme is aimed at enabling tanneries, footwear, footwear components, leather goods and accessories, leather garments, harness & saddlery manufacturing units to upgrade themselves leading to productive gains, right-sizing of capacity, cost cutting, design and development including simultaneously encouraging entrepreneurs to diversify and set up new units in the areas as specified.

The financial assistance under the Scheme will be investment grant to the extent of 30% of cost of plant and machinery for micro and small enterprises and 20% of cost of plant and machinery for other units for technology up-gradation /modernization and/ or expansion and setting up a new unit subject to a ceiling of Rs.2 crore for each product line. Investment grant would also be available to units investing their own resources. For the purpose of this scheme, the definition of micro and small enterprises industry would be the same as notified by the Government on the date of sanction of the project.

The above schemes are sponsored by the central government and any decision by the processing and sanctioning authorities is final.