Subsidy Scheme to
his enterprises under Credit Linked Capital Subsidy
Scheme ('CLCSS' for short) of Rs.3,73,490/- as
forwarded ... Subsidy of Rs.3,73,490/- @ 15%
cost of machinery as per CLCSS Scheme on 10.03.2012
to the third respondent - Bank. It is further contended
upgrade their
technology under "Credit Linked Capital Subsidy
-3-
Scheme" (CLCSS). The Central Government
appointed the first respondent as nodal agency for
chanalizing ... Small Scale
Industries.
2. Accordingly, the petitioner applied for financial
assistance under CLCSS for developing upgradation of
the Small Scale Industries to the second respondent
Scheme
introduced by the R1 Authority under Credit Linked
Capital Subsidy Scheme (CLCSS) since, petitioner
purchased CNC
Vertical machine under the said scheme.
iii. Issue ... Supplement on
Revised Guidelines on Credit Linked Capital Subsidy
Scheme (CLCSS) or be denied the subsidy on
account of the loan having been sanctioned prior
considered as per the
then prevailing guidelines issued under the CLCSS. In
terms of then..... the second and subsequent loan is
not eligible for subsidy
willful and the
directions to grant Credit Linked Capital Subsidy Scheme (CLCSS)
subsidy to the complainant could not be processed as the CLCSS
has been
