Scheme Name :- Performance & Credit Rating Scheme for Small Industries

Objective and Brief Description

The main objective of this scheme is to encourage SSI sector in improving its contribution to the economy by way of increasing their productivity, A good rating would

  • Enhance their acceptability in the market
  • Make access to credit quicker and cheaper
  • Help in economizing the cost of credit. Besides
  • Also infuse a sense of confidence amongst the buyers
The rating is done by the rating agencies, empanelled by NSIC(viz. CRISIL, ICRA, Dun & Bradstreet (D&B) and ONICRA) , a unit is free to chose any rating agency

Who can apply?

Any SSI unit

What is funded?

Financial assistance in the form of subsidy towards the fee of rating agencies, subjected to a ceiling, different agencies have different fee.

Extent of Funding Support

Turn Over of SSI Reimbursement of Fee through NSIC
Upto Rs 50 Lacs 75% of the fee or Rs 25000/- (Whichever is less)
Above Rs 50 to 200 lacs 75% of the fee or Rs 30000/- (Whichever is less)
More than Rs 200 lacs 75% of the fee or Rs 40000/- (Whichever is less)

Application Procedure

|| Apex Cluster Developement Services Pvt. Ltd. ||
Disclaimer :This scheme compilation is indicative, non-commercial and solely for the information purpose. For final and exact information, please read the concerned scheme document or visit www.dcmsme.gov.in