The Ministry of Micro, Small and Medium Enterprises (M/o MSME) has launched a subsidy scheme which is named as Credit Linked Capital Subsidy and Technology Upgradation Scheme (CLCS-TUS) for Micro and Small Enterprises (MSEs).
The Scheme aims at helping technology up-gradation by providing upfront Capital Subsidy to SSI units, including tiny units, khadi units, village units and coir industrial units to modernize their production process and activity.
Credits – BOB ( Bank of Baroda )