Subsidy to SME Business

To promote the development of the industrial sector, especially MSME sector, the government has introduced various schemes that provide financial subsidy to the eligible enterprises. Some of these subsidy schemes are specifically for certain industrial sectors, while some of them like CLCSS are available for a wide range of industries.

Some of the major subsidy schemes of the government and public institutions are provided below. These can be categorized as follows: • Textile Industry – Technology Upgradation Fund Scheme (TUFS) • Food Processing Industry – Scheme for Technology Upgradation/ Establishment/ Modernization for Food Processing Industries • Leather Industry – Integrated Development of Leather Sector (IDLS) • Market Development Assistance Scheme for Micro, Small & Medium Enterprises etc.

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