Credit Linked Capital Subsidy Scheme
On 19th November, 2021, the Ministry of Micro, Small and Medium Enterprises (MSMEs) launched the Special Credit Linked Capital Subsidy Scheme (SCLCSS) for the services sector.
Under the scheme, there is a provision of 25% capital subsidy for procurement of plant and machinery and service equipment.
Subsidy is to be given via institutional credit to the SC/ST micro and small enterprises (MSEs) without any sector specific restrictions on technology degradation.
Impact
- Meeting the Technology Related Requirements: The scheme will help in meeting the technology related requirements of enterprises in the services sector.
- Promoting Innovations: It will also promote the innovation, digital empowerment and ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 SEBI’s 2025 Amendments to Custodian Regulations
- 2 Solar PV Potential Assessment of India
- 3 New Initiatives for Logistics Sector
- 4 Incentive Scheme to Boost Critical Mineral Recycling
- 5 Payments Regulatory Board
- 6 Insurance Surety Bonds Contracts Crosses Rs. 10,000 Crore Landmark
- 7 India’s First PM MITRA Park
- 8 Reforms Driving Growth in Shipbuilding and Maritime Infrastructure
- 9 Startup Conclave and Exhibition - 2025
- 10 Sawalkote Hydroelectric Project
