MSE Scheme for Promotion and Investment in Circular Economy (MSE SPICE)
A central sector scheme under the RAMP Programme offering a 25% credit-linked capital subsidy on the cost of Plant & Machinery for brownfield circular economy projects by Micro and Small Enterprises (MSEs). The subsidy is capped at ₹12.50 Lakhs per unit with a 3-year lock-in period.
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