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Special Credit Linked Capital Subsidy Scheme for Service Sector

Published on November 22, 2021
Current Context: The Special Credit Linked Capital Subsidy Scheme for Service Sector (SCLCSS) was launched by Union MSME minister, Narayan Rane.
Special Credit Linked Capital Subsidy Scheme for Service Sector
  • It was launched at Guwahati.
  • The SCLCSS aims to promote entrepreneurship skills and opportunities in the MSME sector in the North-Eastern Region of the country.
  • Under the scheme, the technology-related requirements of enterprises working in the service sector will be fulfilled.
  • The scheme offers a 25% capital subsidy for procurement of Plant and Machinery along with service equipment through institutional credit to the SC-ST entrepreneurs without any sector-specific restrictions.
  • The SCLCS will help to generate employment opportunities and will expand the manufacturing sector as well.
  • The scheme will also raise per capita income and will make the NE region capable to generate entrepreneurs.

Question: 

Q.1 Who among the following launched Special Credit Linked Capital Subsidy Scheme for Service Sector (SCLCSS)?
a. Dharmendra Pradhan
b. G. Kishan Reddy
c. Narayan Rane
d. Piyush Goyal

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