TNPSC Thervupettagam

Extension of CLCS-TUS

February 19 , 2019 1900 days 649 0
  • The Cabinet Committee on Economic Affairs has approved the Credit Linked Capital Subsidy and Technology Up-gradation Scheme (CLCS-TUS) beyond the 12th Plan period for three years from 2017-18 to 2019-20..
  • The scheme will facilitate:
    • Technology up-gradation to MSMEs,
    • Improvement in Quality of products by MSMEs,
    • Enhancement in productivity, reduction in waste and
    • Promote a culture of continuous improvement.
  • This scheme will provide a capital subsidy of 15 per cent for induction of well-established and improved technology in the specified 51 sub-sectors/products approved.

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