CREDIT LINKED CAPITAL SUBSIDY AND TECHNOLOGY UP-GRADATION SCHEME (CLCS-TUS)

About: 

• Primary: To facilitate technology up-gradation in MSMEs by providing an upfront capital subsidy of 15 per cent (on institutional finance of up to Rs 1 crore availed by them) for induction of well-established and improved technology in the specified 51 sub-sectors/products approved. 
  
  
• Other benefits: 
  • In addition, the scheme through Zero Defect & Zero Effect, component will promote reduction in emission level of greenhouse gases and improve the competitiveness through reduction in defect / wastage during the manufacturing process of the products. 
    
    
  • It will also promote the innovation, digital empowerment of MSMEs, design interventions and support the protection of intellectual property of MSMEs. 
    
    
  
  
  
• Focus areas/groups: 
  • The scheme would be demand driven. But its coverage has been made more inclusive. 
    
    
  • Special provisions have been made in this scheme to promote entrepreneurship for SC/STs, women, North East Region, Hill States, Island Territories and the Aspirational Districts/ LWE Districts. 
    
    
  • In these cases, the subsidy shall be admissible also for investment in acquisition /replacement of plant & machinery / equipment & technology up-gradation of any kind.