Special Credit Linked Capital Subsidy Scheme (SCLCSS) for Scheduled Caste/Scheduled Tribe
Ministry Of Micro, Small and Medium Enterprises
About This Scheme
Launched by the Ministry Of Micro, Small & Medium Enterprises, Special Credit Linked Capital Subsidy Scheme (SCLCSS) for Scheduled Caste / Scheduled Tribe is a sub scheme under National Scheduled Caste and Scheduled Tribe Hub (NSSH) scheme. This scheme aims to facilitate capacity augmentation of existing SC/ST MSEs and for creation on new enterprises among SC/ST communities, 25 percent capital subsidy is provided for purchase of plant & machinery / equipment through institutional finance (bank loan).
Eligibility
1. Sole proprietorships, partnerships, co-operatives, private/public limited companies owned by SC/ST entrepreneurs in manufacturing or service sectors. 1. Must have valid Udyam Registration. 1. SC/ST units graduated from small to medium scale within 3 years of graduation. 1. New industries graduating to medium scale due to loan.
Benefits
- 25% subsidy to SC/ST MSEs on institutional finance for procurement of Plant & Machinery/equipment (i.e. a subsidy cap of ₹ 25,00,000/-) without any sector-specific restrictions is provided.
How to Apply
Where This Comes From
This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.