RFC/F.PG-FA-5/1029

RAJASTHAN FINANCIAL CORPORATION

( FINANCE SECTION )

ReF.No.: RFC/F.13(215)367/863 Dated : 22.11.03

CIRCULAR

Reg.: Credit Linked Capital Subsidy Scheme for Technology

Upgradation of the Small Scale Industries.

The Board of Directors in its meeting held on 19 th September, 2003 has decided to adopt the Credit Linked Capital Subsidy Scheme introduced by the Govt. of India which is made effective w.e.f. 01.10.2000 and shall remained in operation for a period of 5 years upto 30.09.2005, or till the time sanctions of capital subsidy by the Nodal Agencies reach Rs. 600 crore whichever is earlier.

The Scheme aims to facilitate Technology Upgradation of SSI units in 21 sectors/sub-sectors by providing 12% Capital Subsidy for induction of Proven Technology Approved under the Scheme.

A complete brochure of the scheme is enclosed as Annexure �A� and the operational guidelines for implementation of the scheme are enclosed as Annexure �B� to this circular.

Shri N.P. Gupta, Manager (Finance) would act as Nodal Officer, on behalf of the Corporation. He will Co-ordinate for obtaining advance funds from SIDBI, release of amount to branches and also to furnish data / information to SIDBI at regular intervals.

Any guidance required for the purpose of implementation of the scheme may be sought from the Nodal Officer.

Refinance Section, Head Office will maintain all records and statistics and also submit quarterly statement and request for advance money to SIDBI through the Nodal Officer.

The annexure �A� & �B� of this circular will become the part of new Chapter in PG as FA-5.

All concerned are advised to adhere to the guidelines / procedures mentioned in the scheme and the operational guidelines.

( R .S. GUPTA )
GENERAL MANAGER(FIN.)


RAJASTHAN FINANCIAL CORPORATION
( FINANCE SECTION )

ReF.No.: RFC/F.13(215)367/881 Dated : 09.12.03

Reg.: Credit Linked Capital Subsidy Scheme for Technology

Upgradation of the Small Scale Industries (CLCSS).

Attention is invited to PG Circular No. 1029 dated 22.11.2003 vide which a copy of Credit Linked Capital Subsidy Scheme alongwith modus-operandi was circulated.

The Ministry of SSI, Govt. of India has approved inclusion of certain items in the list of well established and improved technology as per enclosed Annexure.

All are requested to kindly make a note of it and include the items at appropriate places in the appendix � 1 to the said scheme circulated vide PG Circular referred to above.

( N.P. GUPTA )
MANAGER(FIN.) &
NODAL OFFICER


RAJASTHAN FINANCIAL CORPORATION
( FINANCE SECTION )

Udyog Bhawan,
Tilak Marg,
JAIPUR � 302 005

Ref.No.: RFC/F.13(215)367/1216 Dated : 8 th March, 2004

CIRCULAR

Reg.: Credit Linked Capital Subsidy Scheme for Technology Upgradation of the Small Scale Industries (CLCSS).

Attention is invited to PG Circular No. 1029 dated 22.11.2003 vide which a copy of Credit Linked Capital Subsidy Scheme alongwith modus-operandi was circulated.

The Ministry of SSI, Govt. of India has updated existing list of well established technology covering 30 Sectors/Sub-sectors.

A copy of the updated list of well established technology is enclosed as appendix-I. The said list would be made effective since inception of the scheme.

All are requested to kindly make a note of it and incorporate the updated list of well established technology at appendix-I circulated vide PG Circular referred to above and forward all eligivle cases, as per revised updated list where term loan has been sanctioned between 01.10.2000 to 30.11.2003 so as to reach to the undersigned by 31.03.2004.

( N.P. Gupta )
Manager(Fin.) &
Nodal Officer


RAJASTHAN FINANCIAL CORPORATION
( FINANCE SECTION )

Head Office
Udyog Bhawan,
Tilak Marg,
JAIPUR - 302 005.

Ref.No.: RFC/F.13(215)367/252 Dated : July 17, 2004

CIRCULAR

Reg.: Credit Linked Capital Subsidy Scheme for Technology Upgradation of the Small Scale Industries (CLCSS).

Attention is invited to PG Circular No. 1029 dated 22.11.2003 vide which Credit Linked Subsidy Scheme was circulated.

The Office of Development Commissioner (SSI), Government of India has clarified that a unit assisted under NEF Scheme is also eligible for availing subsidy under CLCSS provided other terms and conditions under the guidelines of CLCSS are satisfied.

All are requested to kindly make a note of it and include above amendments in the scheme.

( N.P.GUPTA )
Manager(Finance)

 


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