Tolmaran Further, the units in need of introducing facilities for in-house testing and on-line quality control would qualify for assistance, as the same is a case of technology upgradation. Explaining further Jain said that their unit have applied for the subsidy with the nodal bank time and again with the required forms and documents. Is this good news for borrowers? It would also include installation of improved packaging technique as well as anti-pollution measures, energy conservation machinery, in-house testing and on-line quality control.
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After that you can Log in with your credentials on the MSME website After logging in, it takes you to a welcome page with the summary of the scheme. It is recommended that you change your password. Point 4 in Tab 3 of the form required to calculate subsidy.
You can add multiple sectors and Equipment or Machinery, and their respective prices make sure to save and proceed further filling in your details.
On successfully clearing both the Nodal Verifications your application will be approved for sanction of funds. Based on the availability of funds and priority level of the applicant as mentioned in the eligibility conditions.
You can track the status or contact the respective nodal officer through the details provided on the website or using the following link On successful sanction, funds are transferred to the nodal agencies and further to their respective places in which the applicant has their account.
Advancing institutions need guarantee that the borrowing units have made satisfactory preparations for attaining the working capital necessities.
However, on the contrary, the Units in the North-Eastern Region can reap benefit from both simultaneously. Finally, it is important to note that the lending agency can set conditions in order to ensure optimal management and usage of funds. This also is a key factor that affects the sanction and if it is found that the subsidy is availed with false information.
CLCSS SCHEME PDF
Credit Linked Capital Subsidy Scheme (CLCSS)