- The Ministry of Small Scale Industries (SSI) is operating a scheme for technology upgradation of Small Scale Industries (SSI) called the Credit Linked Capital Subsidy Scheme (CLCSS).
- The Scheme aims at facilitating technology upgradation by providing upfront capital subsidy to SSI units, on institutional finance (credit) availed of by them for modernization of their production equipment (plant and machinery) and techniques.
- The Scheme provide for 15 per cent capital subsidy to SSI units, including tiny units, on institutional finance availed of by them for induction of well established and improved technology in selected sub-sectors/products approved under the Scheme.
- The Maximum eligible amount of subsidy under the scheme is based on the limit of loan amount of Rs.1 Crore. (i.e Loan amount exceeding Rs.1Cr is excluded during the calculations for Subsidy Amount)