The Credit Linked Capital Subsidy Scheme (CLCSS) for Technology Up-gradation of Micro & Small Enterprises was launched by the Government of India in October 2000. The scheme aims at acilitating technology up-gradation of SSI units in the specified products/ sub-sectors by way of induction of well-established and improved technologies approved under the scheme for which capital subsidy is extended by GoI. NABARD is designated as one of the nodal agencies for channelizing subsidy under the scheme through Cooperative Banks and RRBs; and Commercial Banks.