Term Loan: The ceiling on loans under the Scheme has been Rs. 1 crore
Calculation of Value: The admissible capital subsidy is to be calculated with reference to the purchase price of plant and machinery, instead of the term loan disbursed to the beneficiary unit
Only Micro and Small unit are Eligible in this scheme
Eligible Beneficiaries: The eligible limited companies in the SSI sector. Priority shall be given to Women entrepreneurs.
Types of units to be covered under the Scheme : Existing SSI units registered with the State Directorate of Industries, which upgrade their existing plant and machinery with the state of the art technology, with or without expansion.
New SSI units which are registered with the State Directorate of Industries and which have set up their facilities only with the appropriate eligible and proven technology duly approved by the GTAB/TSC