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MINISTRY OF MICRO, SMALL & MEDIUM ENTERPRISES GOVT. OF INDIA

CREDIT LINKED CAPITAL SUBSIDY SCHEME – TECHNOLOGY UPGRADATION

Dear Businessman,

Good News for MSME Unit for availing subsidy up to Rs. 15.00 Lacs

Govt has invited the application for subsidy under the scheme of “Credit Linked Capital Subsidy Scheme” from those MSME Unit which have availed Term loan for set up New Plant and Machinery during the Period 01.01.2020 to 31.03.2020.

Credit Linked Capital Subsidy Scheme for MSME

 

KEY POINTS:

  1. Eligibility : Any MSME unit who have availed Term Loan for set up New Plant and Machinery or extension in Plant and Machinery as Technology upgradation.
  2. Time Period: Term Loan Sanction up to 31.03.2020.
  3. Subsidy Amount: 15% of Eligible Plant and Machinery cost or Rs. 15.00 Lacs Whichever is lower.
  4. Due date for filling Application:
Phase F.Y. Reference Date Time Period for On line Submission of Claim
I 2019-20 01.01.2020 to 31.03.2020 11.08.2020 to 08.09.2020

*Reference date is the date on which last installment of Loan has been disbursed.

  1. List of Specified Industries which covered under CLCSS- TU as:
  2. i) Biotech Industry
  3. ii) Common Effluent Treatment Plant

iii) Corrugated Boxes

  1. iv) Drugs and Pharmaceuticals
  2. v) Dyes and Intermediates
  3. vi) Industry based on Medicinal and Aromatic plants

vii) Plastic Moulded/ Extruded Products and Parts/ Components

viii) Rubber Processing including Cycle/ Rickshaw Tyres

  1. ix) Food Processing (including Ice Cream manufacturing)
  2. x) Poultry Hatchery & Cattle Feed Industry
  3. xi) Dimensional Stone Industry (excluding Quarrying and Mining)

xii) Glass and Ceramic Items including Tiles

xiii) Leather and Leather Products including Footwear and Garments

xiv) Electronic equipment viz test, measuring and assembly/ manufacturing, Industrial

process control; Analytical, Medical, Electronic Consumer & Communication equipment

etc.

Also Read :

MSME Revival Interest Benefit Scheme

Benefits of obtaining Udyam Registration

  1. xv) Fans & Motors Industry

xvi) General Light Service(GLS) Lamps

xvii) Information Technology (Hardware)

xviii) Mineral Filled Sheathed Heating Elements

xxix) Transformer/ Electrical Stampings/ Laminations /Coils/Chokes including Solenoid

coils

  1. xx) Wires & Cable Industry

xxi) Auto Parts and Components

xxii) Bicycle Parts

xxiii) Combustion Devices/ Appliances

xxiv) Forging & Hand Tools

xxv) Foundries – Steel and Cast Iron

xxvi) General Engineering Works

xxvii) Gold Plating and Jewellery

xxviii) Locks

xxix) Steel Furniture

xxx) Toys

xxxi) NonFerrous

Foundry

xxxii) Sport Goods

xxxiii) Cosmetics

xxxiv) Readymade Garments

xxxv) Wooden Furniture

xxxvi) Mineral Water Bottle

xxxvii) Paints, Varnishes, Alkyds and Alkyd products

xxxviii) Agricultural Implements and Post Harvest Equipment

xxxix) Beneficiation of Graphite and Phosphate

xxxx) Khadi and Village Industries

xxxxi) Coir and Coir Products

xxxxii) Steel Rerolling

and /or Pencil Ingot making Industries

xxxxiii) Zinc Sulphate

xxxxiv) Welding Electrodes

xxxxv) Sewing Machine Industry

For more details, kindly contact us at:

Jitender Kumar (90171-51780)

Jitender@kipfinancial.com

KIP Financial Consultancy Pvt. Ltd

DSB – 38, KIP Complex, Red Square Market, Hisar.

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