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      Question

      Under the Credit Linked Capital Subsidy Scheme for

      Technology Upgradation (CLCS-TUS), what is the maximum capital subsidy that a Micro or Small Enterprise (MSE) can avail?
      A β‚Ή10 lakh Correct Answer Incorrect Answer
      B β‚Ή12 lakh Correct Answer Incorrect Answer
      C β‚Ή15 lakh Correct Answer Incorrect Answer
      D β‚Ή20 lakh Correct Answer Incorrect Answer
      E β‚Ή25 lakh Correct Answer Incorrect Answer

      Solution

      The CLCS-TUS (Credit Linked Capital Subsidy for Technology Upgradation Scheme) was introduced to encourage MSEs to modernize their plant and machinery by adopting well-established and improved technologies. Key features: β€’ The scheme provides a 15% upfront capital subsidy on the cost of eligible machinery and equipment. β€’ The maximum limit of subsidy is β‚Ή15 lakh per enterprise. β€’ The subsidy is available only when a term loan is sanctioned for technology upgradation. β€’ The aim is to boost competitiveness, efficiency, and productivity of MSEs through modernization.

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