May 18, 2012 6:55 PM

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Govt implements Credit Linked Capital Subsidy Scheme

The Government is implementing the Credit Linked Capital Subsidy Scheme to provide incentives to micro and small enterprises of drug sector for technology upgradation. In a written reply in the Rajya Sabha today, Minister of State for Chemicals and Fertilisers, Srikant Kumar Jena said under the scheme 48 Sub-Sectors including Drugs and Pharmaceuticals Sub-Sector has been approved for technology upgradation.

He said 294 Drugs and Pharmaceuticals micro and small enterprises have availed subsidy of around twenty crore rupees under the scheme till March this year since it inception.

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