Union Minister Narayan Rane on Friday launched the Special Credit Linked Capital Subsidy Scheme for the services sector.
“The scheme will assist in assembly the technology-related necessities of enterprises within the services sector and has a provision of 25 per cent capital subsidy for procurement of plant and equipment and repair gear by means of institutional credit score to the SC-ST MSEs with none sector-specific restrictions on expertise up-gradation,” in keeping with an official assertion.
The Minister for Micro, Small and Medium Enterprises (MSME) launched the scheme at Guwahati.
Rane additionally felicitated SC/ST Entrepreneurs of the North-eastern area and urged the youth to take up the entrepreneurship to turn out to be job givers than job seekers, the assertion mentioned.
He assured the youth that no stone can be left unturned by the Ministry of MSME of their journey to turn out to be profitable entrepreneurs.
He said that beneficial insurance policies of the federal government and totally different schemes carried out by the MSME ministry, particularly for marginalised sections of the society, are serving to the area realise its full potential.
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