Br. Micro, small & medium Enterprises Development institute, Govt. of India, Visakhapatnam in association with the Vizagapatam Chamber of Commerce & Industry, Visakhapatnam organised an Awareness workshop on Credit Linked Capital Subsidy Scheme at VCCI Conference Hall, Visakhapatnam on 19-09-2019 for the benefit of MSEs and Bankers.
The prime objective of the programme was to disseminate the scheme guidelines to the participants. The main objective of the CLC-TUS is to facilitate technology to MSEs through institutional finance for induction well established and proven technologies in the specific sub sector/ Products approved under the scheme, upfront subsidy of 15% on institutional credit up to 1.0Cr. For identified sectors/ sub sectors/technologies
The Guests of honour of the function were Shri Y.Satyanararayana, DGM, SBI, Administrative office, Visakhapatnam, Ms. Gayathri Kampa, AGM, BOI, SMECC, Vsp, Shri. A.S. Ramayya, AGM, SIBDI, VSKP, Shri. A.K.Balaji, President, VASSIWA, Visakhapatnam. The meeting was presided over by Shri. D. Chandrasekhar, Additional Industrial Advisor MSME – DI, Hyderabad & Director general NIMSME, Hyderabad in the presence of Shri. Th. Baite, Director Incharge, Br. MSME- DI, Visakhapatnam, Shri. G.V.R. Naidu, Asst. Director, Br. MSME-DI, Visakhapatnam, Shri. A.S. Ramayya, AGM, SIDBI, Visakhapatnam and other central government officers Sr. Officers of Banks and Office bearers of industry association
The Scheme guidelines and details were highlighted by Shri. Sanjeev Saini, Asst. Director, MSME -DI, Visakhapatnam and Shri. A.S. Ramayya, AGM, SIDBI, Visakhapatnam. In the programme around 70 participants from MSME sector specially SC/ST Entrepreneurs and Women Entrepreneurs and bankers are present