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ANNUAL REPORT - Dc Msme

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Annual Report<br />

2010-11<br />

Chapter IV - DC (MSME)<br />

Shri Virbhadra Singh, Union Minister of MSME delivering his speech during 26 th India<br />

international Leather Fair. Other dignitaries on dais are (form left to right) Shri Neeraj<br />

Kumar Gupta, Executive Director, ITPO, Shri Uday Kumar Varma, Union Secretary,<br />

MSME, Dr. Subas Pani, CMD, ITPO, Shri Salman Khurshid, Union Minister for<br />

4.8 CREDIT LINKED CAPITAL<br />

SUBSIDY SCHEME (CLCSS)<br />

4.8.1 The M/o MSME is operating<br />

a Scheme namely Credit Linked<br />

Capital Subsidy Scheme (CLCSS)<br />

for Technology Upgradation of<br />

Micro and Small Enterprises.<br />

The Scheme aims at facilitating<br />

Technology Upgradation of Micro<br />

and Small Enterprises. The Scheme<br />

80<br />

Water Resources and Minority Affairs<br />

was launched in October, 2000<br />

and revised w.e.f. 29.9.2005. The<br />

revised scheme provides for 15%<br />

Capital Subsidy (12 % prior to<br />

29.9.2005) on institutional finance<br />

availed by them for induction of<br />

well-established and improved<br />

technology in approved subsectors/products.<br />

The maximum<br />

limit of eligible loan for calculation<br />

of capital subsidy under the<br />

MSME

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