Question
What is the maximum subsidy amount provided under the
Credit Linked Capital Subsidy component of the MSE-SPICE scheme for projects costing more than ₹50 lakhs? ÂSolution
The Credit Linked Capital Subsidy component of the MSE-SPICE scheme provides financial support to MSEs adopting circular economy principles. For projects costing more than ₹50 lakhs, the subsidy is capped at ₹12.5 lakhs. This component aims to facilitate the availability of affordable finance and incentivize sustainable practices among MSEs.
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Paddy and straw are an example of
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