New Delhi, 20 Nov (KNN) Union Minister for MSME, Narayan Rane launched the Special Credit Linked Capital Subsidy Scheme (SCLCSS) for services sector on Friday which was the second day of MSME North East Conclave in Guwahati.

The aim of this scheme is to help with requirements related to technology which concern enterprises in the services sector.

It also has a provision of 25% capital subsidy for procurement of Plant & Machinery and service equipments through institutional credit to the SC-ST MSEs without any sector specific restrictions on technology upgradation.

MSME Minister Rane also felicitated SC/ST Entrepreneurs of the North-eastern region and encouraged the youth to take up entrepreneurship to become job givers than job seekers.

He assured the youth that no stone will be left unturned by the Ministry of MSME in their journey to become successful entrepreneurs.

Union Minister Rane emphasised that inclusive growth of MSME Sector is complete only with the contribution from North-East.

He stated that favorable policies of the Government of India and different schemes/programmes implemented by Ministry of MSME, specially for marginalized sections of the society, are helping the region to realize its full potential.

He also awarded certificates to the successful trainees of the NSIC Training Center, Guwahati and visited the Stalls of SC-ST entrepreneurs at the Exhibition Centre supported by Ministry of MSME.

“Such activities provide an opportunity to MSME entrepreneurs, especially women and SC/ST entrepreneurs to show-case their skill/products and create new opportunities for growth and attain self-reliance,” said Minister Rane.