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Megamenu

21 Nos.

No. of PLIs Onboarded

7 Nos.

No. of RSF Applications Submitted

0 Nos.

No. of RSF Applications Approved

0 Nos.

Loan Amount Guaranteed Under RSF

7 Nos.

No. of MSEs Benefitted

21 Nos.

No. of PLIs Onboarded

1215 Nos.

No. of ISF Applications Submitted

619 Nos.

No. of ISF Applications Approved

24 Nos.

Interest Subvention Amount Approved

1172 Nos.

No. of MSEs Benefitted

Introduction

Promotion and adoption of green technologies and clean energy sources in MSMEs is critical for making MSMEs in India sustainable. In order to create an enabling ecosystem for the MSEs to adopt green technologies and practices, the Ministry designed and launched MSE GIFT sub-scheme under the RAMP programme at an outlay of Rs 478 Crore for 4 year duration.

Scheme Components :

  • Interest subvention of 2% per annum up to a term loan limit of Rs 2 crores. Rs 350 cr for interest subvention is estimated to leverage a total loan size of Rs 5800 crores.
  • Risk sharing: Loans to MSEs up to Rs 2 crore would be covered under this component. Rs 125 crores will be used to provide credit guarantee to the participating MLIs (75% of guaranteed coverage for eligible loans).
  • IEC

Eligibility :

MSME registered under the Udyam Registration portal are eligible under the Scheme. Member Lending Institution (MLIs): Scheduled commercial bank/ All India Financial Institution including SIDBI, Small Finance Banks/ Micro Finance Institutions/ Non-Banking Finance Companies can become a Member Lending Institution (MLI).

Sectors Covered :

  • Resource Efficiency & Waste Management
  • Adaptations: water management, water efficiency, wastewater treatment
  • Green Buildings
  • Environmental Protection: pollution control & prevention
  • Clean Transportation: electric / hybrid vehicles, EV charging stations
  • Waste Management: compressed biogas, bio-ethanol, e-waste, waste-to-energy, LNG, smart grids
  • Carbon Credit, Carbon Capture & Storage
  • Any new, innovative project with high climate impact subject to approval

Expected Impact :

The scheme is expected to benefit about 12000 MSME and leads to annual energy savings of 1,600 GWh and an annual monetary savings of around Rs. 1,200 crores to MSMEs. It would help with 1.5 million tco2 annual reductions avoiding an estimate social cost of carbon of Rs. 1100 crores.

Visit Website > Scheme Guidelines

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