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SEPTEMBER - 2019

                           CLCS-TUS Scheme continued for 3 years
                                                     till 2019-20


                                                                 scheme to promote entrepreneurship for
                                                                 SC/STs,  women  entrepreneurs,  among
                                                                 others,  and  in  these  cases  the  subsidy
                                                                 shall be admissible also for investment in
                                                                 acquisition  /replacement  of  plant  &
                                                                 machinery/equipment  &  technology  up-
                                                                 gradation of any kind.


                                                                 In  addition,  the  scheme  through  Zero
                                                                 Defect  &  Zero  Effect,  component  will
            The  Union  Cabinet  has  approved  the
            continuation of the Credit-Linked Capital            promote  reduction  in  emission  level  of
                                                                 green  house  gases  and  improve  the
            Subsidy  &  Technology  Up-gradation                 competitiveness  through  reduction  in
            Scheme (CLCS-TUS) beyond 12th Plan for               defect/wastage during the manufacturing
            three years from 2017-18 to 2019-20
                                                                 process  of  the  products.  It  will  also
                                                                 promote  the  innovation,  digital
            An  official  release  from  the  Ministry  of       empowerment  of  MSMEs,  design
            MSME said the CLCS-TUS Scheme aims                   interventions and support the protection
            at  improving  the  competitiveness  of              of intellectual property of MSMEs.
            MSMEs  by  integrating  various  ongoing
            schematic  interventions  aimed  at  up-             The scheme would be demand driven. But
            grading technology, viz.                             its  coverage  has  been  made  more
                                                                 inclusive.
            * Through Credit Linked Capital Subsidy
            (CLCS)                                               Appealing to the Members to take note
                                                                 of  the  announcement,  Sri  Srinivas
            * Hand holding for zero defect zero effect           Asranna, President, PIA said the CLCS-
            manufacturing (ZED)                                  TUS Scheme will facilitate technology
                                                                 up-gradation  to  MSEs,  improve
            *  Increasing  productivity  through  waste          product quality, enhance productivity,
            reduction (Lean)                                     reduce waste and promote a culture of
                                                                 continuous  improvement.  It  should
            * Design intervention (Design)                       therefore  be  widely  embraced  and
                                                                 taken benefit of, he said, in a message
            * Cloud computing (Digital MSMEs)                    t o   t h e   M e m b e r s   a n d   s m a l l
                                                                 entrepreneurs  in  Peenya  Industrial
            * Facilitation of intellectual property (IPR)        Area.

            * Nurturing new ideas (Incubation).                   For detailed operational guidelines visit
                                                                 the official website, www.dcmsme.gov.in.
            Special provisions have been made in this

                                              New MD @ BESCOM

            Sri  M.B.  Rajesh  Gowda  has  been                  he will be successful in putting an end to
            appointed  as  MD,  BESCOM,  Bengaluru.              the  frequent  power  cuts  that  have
            Sri Srinivas Asranna, President, PIA has             accentuated,  especially  during  times  of
            congratulated  Sri  Rajesh  Gowda  on  his           heavy  rains  in  Peenya  and  surrounding
            taking charge and expressed the hope that            industrial areas.


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