- SFG FRC 2027 | Program starts from 19th Dec. 2026 | Admissions open for Entrance Test Click Here to know more →
- Prelims Test Series (PTS) for Prelims 2027 starts 11th Oct. 2026 Click Here to know more →
- [Pre-order] Ethics Redbook 3rd Edition: Delivery starts from 10th October onwards Click Here to Read More →
- 21 Sept. | GS Advance Program (GSAP) for UPSC 2027 Mains starts from 11th Oct. Click Here to Read More →
What is the News?
The Union Minister for MSME has launched the Special Credit Linked Capital Subsidy Scheme (SCLCSS) for the services sector.
What is Special Credit Linked Capital Subsidy Scheme (SCLCSS) for the services sector?
The scheme aims to help in meeting the technology related requirements of enterprises in the services sector.
Under the scheme, there is a provision of 25% capital subsidy for procurement of plant and machinery and service equipment. Subsidy is to be given via institutional credit to the SC/ST micro and small enterprises (MSEs) without any sector specific restrictions on technology degradation.
Significance: The scheme will help in meeting the technology related requirements of enterprises in the services sector.
Source: This post is based on the article “Union Minister for MSME launched Special Credit Linked Capital Subsidy Scheme (SCLCSS) for Services Sector” published in PIB on 19th Nov 2021.
