Special credit linked capital subsidy scheme unveiled for services sector

The ministry of micro, small & medium enterprises (MSMEs) has launched a special credit linked capital subsidy scheme (SCLCSS) for services sector. The scheme will help in meeting the technology related requirements of enterprises in the services sector. It has a provision of 25 per cent capital subsidy for procurement of plant & machinery and service equipment through institutional credit to the scheduled caste (SC) & scheduled tribe (ST) MSEs without any sector specific restrictions on technology upgradation.

1. https://www.pib.gov.in/PressReleasePage.aspx?PRID=1773187