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SSI
units availing Term Loans with our Bank can avail Capital Subsidy for Technology
upgradation under ”CREDIT
LINKED CAPITAL SUBSIDY SCHEME” of Ministry of SSI, Government of
India
Technology
upgradation mean significant step up from the present technology level
to a substantially higher one involving improved productivity, or /
and improvement in the quality of products or/and improved
environmental conditions including work environment for the unit.
It will also include installation of improved packaging
techniques a well as anti-pollution measures and energy conservation
machinery.
Eligibility
: SSI units availing Term Loan
up to a maximum limit of Rs.
1.00 Crore. Existing
SSI units which are likely to graduate to Medium Scale on account of
additional loan will also eligible for assistance under the Scheme.
Rate of
Subsidy ;
15% on purchase
price of Plant and Machinery.
The Scheme will cover the following products /
sub-sectors in the SSI.
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Leather
and Leather products including footwear and garments;
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Food processing & Ice-cream
manufacturing;
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Information Technology (hardware);
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Drugs and Pharmaceuticals;
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Auto parts and components;
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Electronic Industry particularly relating
to design and measuring;
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Glass and Ceramic items including tiles;
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Dyes and intermediates;
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Toys & hard case maker;
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Tyres;
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Hand
Tools;
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Bicycle parts;
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Foundries-Ferrous
and Cast Iron;
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Stone
industry & Marble mining industry
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Medicinal and Aromatic plants
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Combustion devises/appliances
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Gold plating and jewellery
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Common
Effluent Treatment plants
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Biotech
Industries
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Plastic Moulded/Extruded Products and
Parts/Components
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Corrugated Boxes.
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