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DC MSME to open online applications for eligible claims under the CLCS Competent of CLCS-TUS Scheme

Updated: May 25, 2020 06:33:15am
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DC MSME to open online applications for eligible claims under the CLCS Competent of CLCS-TUS Scheme

New Delhi, May 25 (KNN) The Office of the Development Commissioner (O/o DC MSME) has now decided to open online applications for eligible claims under the CLCS Competent of CLCS-TUS Scheme for the remaining period of Financial Year 2019-20.

The Credit Linked Capital Subsidy (CLCS) scheme aims at improving competitiveness of MSMEs by integrating various current schematic interventions aimed at up-grading technology through Credit Linked Capital Subsidy, hand holding for zero defect zero effect manufacturing, increasing productivity through waste reduction, design intervention, cloud computing, facilitation of intellectual property and nurturing new ideas.

The objective of the scheme is to facilitate technology up-gradation in MSEs by providing an upfront capital subsidy of 15 per cent (on institutional finance of up to Rs 1 crore availed by them) for induction of well-established and improved technology in the specified 51 sub-sectors/products approved.

The details of how the schedule for making the claims under the scheme can be seen:

CLCS-TUS

Full: http://dcmsme.gov.in/Time-line-for-last-2-Qtrs.pdf

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