Ministry of micro, small and medium enterprises
Technology upgradation would ordinarily mean induction of state-of-the-art or near state-of-the-art technology. In the varying mosaic of technology obtaining in more than 7,500 products in Indian small scale sector, technology upgradation would mean a significant step up from the present technology level to a substantially higher one involving improved productivity, and/or improvement in the quality of products and/or improved environmental conditions including work environment for the unit. It includes installation of improved packaging techniques as well as anti-pollution measures and energy conservation machinery. Further, units in need of introducing facilities for in-house testing and on-line quality control would qualify for assistance, as the same are a case of technology up-gradation.
Replacement of existing equipment/technology with same equipment/ technology will not qualify for the subsidy under this scheme, nor would the scheme be applicable to units upgrading with second-hand machinery.
Central Government of India
Eligible beneficiaries include sole proprietorships, partnerships, co-operative societies, and private and public limited companies in the SSI sector. Priority shall be given to woman entrepreneurs.
The revised scheme aims at facilitating technology upgradation by providing 15% up-front capital subsidy to SSI units, including tiny, khadi, village and coir industrial units, on institutional finance, availed by them for induction of well established and improved technologies in specified sub-sectors/products approved under the scheme.
Revised CLCS has been amended as follows:
A Udyami Helpline: Dial 1800-180-6763 [Toll Free Number] for queries relating to this Schemes.
Candidates meeting the eligibility criteria may approach all scheduled commercial bank, scheduled cooperative bank [including urban cooperative bank co-opted by SIDBI under Technological Upgradation Fund (TUF)], Regional Rural Bank (RRB), State Financial Corporation (SFC) and North-Eastern Development Financial Institution (NEDFi).
Micro, small and Medium enterprises
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