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msme.gov.in Credit Linked Capital Subsidy Scheme : Micro, Small & Medium Enterprises

Organization : Micro, Small & Medium Enterprises
Scheme Name : Credit Linked Capital Subsidy Scheme

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Apply Here : https://clcss.dcmsme.gov.in/
Details : https://www.msme.gov.in/
Website : https://www.msme.gov.in/

Credit Linked Capital Subsidy Scheme :

Objectives :
** The Scheme aims at facilitating technology up-gradation by providing 15 per cent upfront capital subsidy up to a maximum cap of 15.00 lakhs (i.e., maximum investment in approved machinery is 1.00 crore) to MSE units including tiny, khadi, village and coir industrial units on institutional finance availed by them for induction of state-of-the-art or near state-of-the-art technology for up-gradation of the present technology level to a substantially higher one involving improved productivity, and/or improvement in quality of product and/or improved environmental condition including work environment.

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** It would also include installation of improved packaging technique as well as anti-pollution measures, energy conservation machinery, in-house testing and on-line quality control.

Salient Features :
** The Credit Linked Capital Subsidy Scheme (CLCSS) was launched on 1st October, 2000.
** The Cabinet Committee on Economic Affairs (CCEA) has approved the changes in ceiling of credit from 40.00 lakhs to 1.00 crore with the rate of subsidy enhanced from 12% to 15% w.e.f. 29th September, 2005.

Scope :
** Presently, the Scheme facilitates subsidy to 51 sub-sectors/products including Khadi and Village Industries.
** As the Scheme progressed, the list of products/sub-sectors has been expanded by inducting new technologies/products/sub-sectors with the approval of the competent authority i.e., Technical Sub-Committee (TSC) and Governing and Technology Approval Board (GTAB) of the CLCSS.

Implementation :
** At present, the Scheme is being implemented by 12 nodal banks/agencies including SIDBI and NABARD.
** Except SIDBI and NABARD, all the nodal banks/agencies would consider proposals only in respect of credit approved by their respective branches, whereas, for other Primary Lending Institutions (PLI) approved under the guidelines, SIDBI and NABARD would be the nodal agencies for release of subsidy under this Scheme.
** Online Application and Tracking System has been introduced w.e.f. 01.10.2013 and the SME units need to upload their subsidy claim application though their PLIs.

Procedural Aspects :
** This Scheme is linked with term loans availed by the MSEs from Banks or Financial Institutions.
** To claim subsidy under CLCSS, eligible MSEs are required to apply online through Primary Lending Institutions (PLIs), from where the MSEs availed term loan for up-gradation of technology.
** The completed application is being uploaded by PLI through Online Application and Tracking System to the attached Nodal Agency, which, in turn, recommends the application online to Office of DC (MSME) for release of subsidy.
** After processing of application and subject to availability of funds, due approval is accorded from competent authority and concurrence of Internal Finance Wing, after which funds are released to Nodal Agencies.
** Funds are then transferred by the Nodal Agencies to the PLIs where the account of the MSE is operated

Scope of the Scheme :
The scheme would cover the following technology needs / products/sub – sectors:
i) Bio-tech Industry
ii) Common Effluent Treatment Plant
iii) Corrugated Boxes
iv) Drugs and Pharmaceuticals
v) Dyes and Intermediates
vi) Industry based on Medicinal and Aromatic plants
vii) Plastic Moulded/ Extruded Products and Parts/ Components
viii) Rubber Processing including Cycle/ Rickshaw Tyres
ix) Food Processing (including Ice Cream manufacturing)
x) Poultry Hatchery & Cattle Feed Industry
xi) Dimensional Stone Industry (excluding Quarrying and Mining)
xii) Glass and Ceramic Items including Tiles
xiii) Leather and Leather Products including Footwear and Garments
xiv) Electronic equipment viz test, measuring and assembly/ manufacturing, Industrial process control; Analytical, Medical, Electronic Consumer & Communication equipment etc.
xv) Fans & Motors Industry
xvi) General Light Service(GLS) lamps
xvii) Information Technology (Hardware)
xviii) Mineral Filled Sheathed Heating Elements
xix) Transformer/ Electrical Stampings/ Laminations /Coils/Chokes including Solenoid coils
xx) Wires & Cable Industry
xxi) Auto Parts and Components
xxii) Bicycle Parts
xxiii) Combustion Devices/ Appliances
xxiv) Forging & Hand Tools
xxv) Foundries – Steel and Cast Iron
xxvi) General Engineering Works
xxvii) Gold Plating and Jewellery
xxviii) Locks
xxix) Steel Furniture
xxx) Toys
xxxi) Non-Ferrous Foundry
xxxii) Sport Goods
xxxiii) Cosmetics
xxxiv) Readymade Garments
xxxv) Wooden Furniture
xxxvi) Mineral Water Bottle
xxxvii) Paints, Varnishes, Alkyds and Alkyd products
xxxviii) Agricultural Implements and Post Harvest Equipment
xxxix Beneficiation of Graphite and Phosphate
xxxx) Khadi and Village Industries
xxxxi) Coir and Coir Products
xxxxii) Steel Re-rolling and /or Pencil Ingot making Industries
xxxxiii) Zinc Sulphate
xxxxiv)Welding Electrodes
xxxxv) Sewing Machine Industry

As the Scheme progresses, the list of products / sub-sectors may be expanded by inducting new technologies / products / sub-sectors with the approval of the Competent Authority, i.e. the Governing and Technology Approval Board (GTAB) / Technical Sub-Committee(TSC) of the CLCSS.

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