• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Kochi, March 25

The Kerala State Small Industries Association has protested against the Union Government's decision to discontinue with the Credit Linked Capital Subsidy Scheme for technology upgradation from the next financial year. In a representation submitted to the Union Minister of State for SSI, Mr Mahabir Prasad, the Association President, Mr A.P.M. Abdul Rahim, said that the scheme was an incentive for more and more units to come forward to upgrade themselves technologically. In the era of rapid globalisation, he pointed out that small-scale industries are finding it difficult to exist unless they improve the quality of their products, increase productivity and be innovative in their production.

All this needs bringing in latest technology available and this calls for substantial capital investment, he said. CLCSS has gone a long way in helping SSIs to equip itself for technology upgradation , he added. He urged the Minister to impress upon the Planning Commission for the necessity to continue with the scheme.

More Stories on : SSI | Technology | Kerala

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
`Cereals suffer annual losses of $5 b from warming climate'

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line