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CCEA approves CLCS-TUS with total outlay of Rs.2,900 cr

Thu 14 Feb 2019, 10:12:44

The Cabinet Committee on Economic Affairs,CCEA has approved the Credit Linked Capital Subsidy and Technology Up-gradation Scheme (CLCS-TUS) with a total outlay of 2900 crore rupees.

The scheme aims at improving the competitiveness of MSMEs by integrating various ongoing schematic

interventions aimed at up-grading technology through Credit Linked Capital Subsidy (CLCS).

The scheme will facilitate technology up-gradation , improvement in Quality of products by MSMEs, enhancement in productivity, reduction in waste.

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