Current Affairs · Government Schemes
Consider the following statements regarding the Credit Linked Capital Subsidy Scheme (CLCSS) for MSMEs: Statement 1: The scheme aims at facilitating technology up-gradation by providing a 15% upfront capital subsidy to MSMEs. Statement 2: The maximum limit of the loan eligible for the calculation of the 15% subsidy under the scheme is ₹1 crore (maximum subsidy of ₹15 lakh). Statement 3: Only manufacturing enterprises are eligible, and service sector MSMEs are completely excluded. Which of the statements given above are correct?
- 1All statements are accurate
- 2Only Statement 1 is accurate
- 3Statement 2 and Statement 3 are accurate
- 4Statement 1 and Statement 2 are accurate✓
Correct answer
Statement 1 and Statement 2 are accurate
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