Special Credit Linked Capital Subsidy Scheme(SCLCSS)
A large percentage of Micro & Small Enterprises (MSEs) continue with outdated technology and plant & machinery. Due to insufficient investment and lack of awareness of both the quality standards and access to modern technologies, With increasing competition due to liberalization of the economy, the survival and growth of the MSMEs are critically dependent on their modernization and technological up-gradation. Up-gradation of both the process of manufacture and corresponding plant and machinery is necessary for the small enterprises
to reduce the cost of production and remain price competitive at a time when cheaper products are easily available in the global market.
Sole Proprietorships, Partnerships, Co-operative societies, Private and Public limited companies owned by SC/ST Entrepreneurs of MSE sector engaged in the manufacturing activities are eligible for seeking assistance under this scheme. The existing enterprises should have obtained registration under Udyog Aadhaar Memorandum.
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