"Credit Linked Capital Subsidy Scheme (CLCSS) for Technology Upgradation of the Small Scale Industries"
Summary of the Scheme : -
The Scheme was launched in October, 2000 and revised w.e.f. 29.09.2005. The revised scheme aims at facilitating Technology Upgradation of Micro and Small Enterprises by providing 15% capital subsidy (12% prior to 2005) on institutional finance availed by them for induction of well established and improved technology in approved sub-sectors/products. The admissible capital subsidy under the revised scheme is calculated with reference to purchase price of Plant and Machinery. Maximum limit of eligible loan for calculation of subsidy under the revised scheme has also been raised from Rs. 40 lakhs to Rs. 100 lakh w.e.f. 29-09.2005.
No. | Name of Bank | Related Link |
1 | Canara Bank | http://www.canarabank.com/english/scripts/prioritycredit.aspx |
2 | NABARD | http://www.nabard.org/nonfarm_sector/clcss.asp |
3 | SIDBI | http://www.sidbi.com/governmentclcss.asp |
4 | Bank of Baroda | http://www.bankofbaroda.com/bbs/clcss.asp |
5 | Punjab National Bank | http://www.pnbindia.in/En/ui/Home.aspx |
6 | Punjab National Bank | http://www.tiic.org/incentives.html |
7 | Andhra Bank | http://andhrabank.in/english/clcss.aspx |
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