Special Credit Linked Capital Subsidy Scheme (SCLCSS) for Scheduled Caste/Scheduled Tribe

Launched by the Ministry Of Micro, Small & Medium Enterprises, Special Credit Linked Capital Subsidy Scheme (SCLCSS) for Scheduled Caste / Scheduled Tribe is a sub scheme under National Scheduled Caste and Scheduled Tribe Hub (NSSH) scheme. This scheme aims to facilitate capacity augmentation of existing SC/ST MSEs and for creation on new enterprises among SC/ST communities, 25 percent capital subsidy is provided for purchase of plant & machinery / equipment through institutional finance (bank loan).

• 25% subsidy to SC/ST MSEs on institutional finance for procurement of Plant & Machinery/equipment (i.e. a subsidy cap of ₹ 25,00,000/-) without any sector-specific restrictions is provided.

1. Sole proprietorships, partnerships, co-operatives, private/public limited companies owned by SC/ST entrepreneurs in manufacturing or service sectors.
2. Must have valid Udyam Registration.
3. SC/ST units graduated from small to medium scale within 3 years of graduation.
4. New industries graduating to medium scale due to loan.

1. Units availing subsidy under SCLCSS shall not be allowed to avail any other subsidy for procurement of the same plant & machinery and equipment from any other scheme of Central / State Government and vice-versa.
2. Fabricated or second-hand machinery.

Offline

1. The eligible SC/ST MSEs need to submit the application along with the required documents to their Prime Lending Institution (PLI). This is the bank from which they have availed the term loan for procuring plant and machinery/equipment.
2. The Nodal banks/agencies notified by the Ministry of MSME will then upload the claim application of the SC/ST MSEs on a dedicated MIS Portal.
3. The nodal banks/agencies will only consider proposals for credit that has been approved by their respective branches. For other eligible Primary Lending Institutions (PLIs), SIDBI and NABARD will be the nodal agencies for releasing the subsidy under SCLCSS.