CREDIT LINKED CAPITAL SUBSIDY SCHEME
(CLCSS) FOR SMALL SCALE INDUSTRIES
Credit Linked Capital
Subsidy Scheme (CLCSS) for SSI provides for 12% upfront capital
subsidy to SSI units including tiny units on institutional finance
availed by them through 28 Banks, 12 State Financial Corporations,
34 Cooperative Banks, 31 Regional Rural Banks and National Small
Industries Corporation for induction of Well Established and Improved
Technologies approved under the Scheme relating to 30 specified
products/sub-sectors including the drug units. The eligible subsidy
is calculated on the actual loan amount not exceeding Rs. 40 lakh
under the guidelines of the Scheme. The Scheme is being implemented
at the national level through two Nodal Agencies, namely, Small
Industries Development Bank of India and National Bank for Agriculture
and Rural development.
This information
was given by Shri Tapan Sikdar, Minister of State for Small Scale
Industries and Development of North-Eastern Region in a reply
to a question in the Lok Sabha today.
