Page 25 - Plastics News February 2019

FeAtures

Augmented reality is another way brand owners are using phones at the packaging. This entertaining technology is
packaging to engage customers. likely to gain wider acceptance and more general usage in
the coming years.
By embedding digital codes in the images on packages
and labels, brands can capture consumers’ attention and Look for these and other evolving technologies to strengthen
increase sales simply by having them point their smart packaging’s role in food protection and marketing in 2019.

Govt approves extension of CLCS-TUS scheme for MSMEs

he government has approved a three-year extension
Tof the Credit Linked Capital Subsidy and Technology
Up-gradation Scheme for MSMEs with total outlay of 2,900
crore. The scheme has been approved for continuation
beyond the 12th five-year Plan for three years from
2017-18 to 2019-20. The decision was taken at a meeting
of the Cabinet Committee on Economic Affairs (CCEA).
"The scheme would be demand driven. But its coverage
has been made more inclusive," an official statement
said. It will facilitate technology upgradation to MSMEs,
improvement in quality of products, enhancement in Description:-
productivity, reduction in waste, and it will promote a The objective of the Scheme is to facilitate technology
culture of continuous improvement. up-gradation in MSEs by providing an upfront capital
The scheme aims at improving competitiveness of MSMEs by subsidy of 15 per cent (on institutional finance of upto Rs
integrating various current schematic interventions aimed at 1 crore availed by them) for induction of well-established
up-grading technology through Credit Linked Capital Subsidy, and improved technology in the specified 51 sub-sectors/
hand holding for zero defect zero effect manufacturing, products approved. In other words the major objective is
increasing productivity through waste reduction, design to upgrade their plant & machinery with state-of-the-art
intervention, cloud computing, facilitation of intellectual technology, with or without expansion and also for new
property and nurturing new ideas. MSEs which have set up their facilities with appropriate
Special provisions have been made in the scheme to eligible and proven technology duly approved under
promote entrepreneurship for SC/STs, women, hill states scheme guidelines. List of Technologies is available at
(Jammu & Kashmir, Himachal Pradesh & Uttarakhand), island www.dcmsme.gov.in
territories (Andaman & Nicobar and Lakshadweep) and the The Scheme is a demand driven one without any upper limit
aspirational districts/ LWE (Left-wing extremism) districts, as on overall annual spending on the subsidy disbursal.
in these cases the subsidy will be admissible also for investment Nature of assistance:
in acquisition /replacement of plant & machinery/equipment The revised scheme aims at facilitating technology up-
& technology up-gradation of any kind. The objective of the gradation by providing 15% up front capital subsidy to MSEs,
scheme is to facilitate technology up-gradation in MSEs including tiny, khadi, village and coir industrial units, on
by providing an upfront capital subsidy of 15 per cent institutional finance availed by them for induction of well
(on institutional finance of up to Rs 1 crore availed by them) established and improved technologies in specified sub-
for induction of well-established and improved technology sectors/products approved under the scheme.
in the specified 51 sub-sectors/products approved. Who can be benefitted:
Credit Linked Capital Subsidy Scheme for Technology Micro and Small Enterprises (MSEs) having a valid
Upgradation UAM number.

25 Februar y 2019 Plastics News