2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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SQA
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WJEC
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CCEA
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CASA
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Detailed explanation-1: -The Credit Linked Capital Subsidy and Technology Upgradation Scheme (CLCSTUS) was approved by the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, for the next three years, with a total outlay of Rs 2,900 crore, said a government release.
Detailed explanation-2: -Recently, the Ministry of Micro, Small and Medium-sized Enterprises (MSMEs) launched the Special Credit Linked Capital Subsidy Scheme (SCLCSS) for the services sector.
Detailed explanation-3: -The Credit Linked Capital Subsidy Scheme (CLCSS) for Technology Upgradation of SSI was launched by the Government of India during 2000-01 with the aim to facilitate technology upgradation by SSI units in the specified products / sub-sectors by providing capital sub;sidy for induction of proven technologies.
Detailed explanation-4: -Under this scheme, eligible enterprises can enjoy a capital subsidy of 15% on loan availed from a financial institution. The primary objectives of this scheme can be described as the intention to upgrade the plant and machinery of enterprises with state-of-art technology, irrespective of expansion.