Question : CREDIT LINKED CAPITAL SUBSIDY SCHEME



(a): whether the Government is implementing Credit Linked Capital Subsidy Scheme for technology upgradation of Micro, Small and Medium Enterprises in the country;

(b): if so, the details thereof;

(c): the details of term and conditions for getting assistance under the scheme; and

(d): the number of Micro, Small scale enterprises which are covered under the Schemes in the country including Gujarat during each of the last three years and the current year, State-wise?

Answer given by the minister


MINISTER OF STATE (INDEPENDENT CHARGE) FORMICRO, SMALL AND MEDIUM ENTERPRISES(SHRI K.H.MUNIYAPPA)

(a): Yes, Madam.

(b)&(c): Under the Scheme, capital subsidy at 15% of value of plant & machinery is provided on loans upto Rs.1 crore. The scheme is implemented through 11 Nodal Banks/agencies such as Small Industries Development Bank of India (SIDBI), National Bank of Agriculture and Rural Development (NABARD), State Bank of India, Andhra Bank, State Bank of Bikaner & Jaipur, Bank of Baroda, Punjab National Bank, Canara Bank, Bank of India, Tamilnadu Industrial Investment Corporation Limited and the National Small Industries Corporation Ltd. Presently, 48 well established and improved technologies/sub-sectors have been approved under the scheme.

The beneficiaries eligible under the Scheme include sole Proprietorships, Partnerships, Co-operative societies, Private and Public Limited companies in the Micro and Small Enterprises sector; Industries graduating from small scale to medium scale on account of sanction of additional loan under CLCSS are also eligible for assistance. The units covered include existing and new units registered with the State Directorate of Industries, setting up or upgrading their facilities with technology listed under the Scheme guidelines.

(d): State-wise details of number of MSEs covered under the Scheme during last three years and current year are annexed.