Multiply India - Information on Financial Planning

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Credit Link Capital Subsidy Scheme

This scheme aims to promote technological up-gradation in MSMEs, including tiny, khadi, village, and coir industrial units.

The scheme provides an upfront 15% capital subsidy for businesses, upto ₹15 lakhs.

Note: The subsidy percentage and amount is subject to change

Application Process for Credit Link Capital Subsidy Scheme

MSMEs can apply for the scheme through their banks/ financial institutions.

Banks forward the proposal to their Nodal Agency.

The Nodal Agency forwards the online application to the office of DC (MSME).

The application status of CLCSS can be tracked here.

Special Credit Link Capital Subsidy Scheme

The SCLCSS scheme was set up by the National SC/ST hub to include entrepreneurs belonging to SC/ST communities to become part of the subsidy scheme.

More information on the scheme can be found in this link.

Points to remember

The CLCSS scheme aims to promote technological up-gradation in MSMEs, including tiny, khadi, village, and coir industrial units.
The SCLCSS scheme was set up by the National SC/ST hub to include entrepreneurs belonging to SC/ST communities to become part of the subsidy scheme

Let us now find about the Emergency Credit Line Guarantee Scheme (ECLGS)!