ENA State 2022-08-05 07:49:58 <p><strong>Virudhunagar, Aug 5 (KNN)</strong> Micro, Small and Medium Entrepreneurs (MSMEs) in Tamil Nadu that were impacted during the Covid-19 have been invited to apply for the subsidy-linked assistance under COVID Assistance and Relief to Entrepreneurs (Care).</p> <p>The new scheme shall consists of two components - Care 1 and Care 2.</p> <p>During 2020-21 and 2021-22 entrepreneurs who were commercially hit by Covid can come forward on their own under Care 1 plan.</p> <p><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></p> <p>Or their legal heirs can come forward for resurrecting the same organisation or a similar organisation or any other industrial unit with subsidy-linked assistance.</p> <p>They can get 25 per cent or a maximum of Rs 25 lakh subsidy on machineries but the ceiling for the project estimate should be Rs 5 crore.</p> <p>The applicant should be within 55 years of age with a Plus Two qualification.</p> <p>Under the plan, not only production units but also service units can benefit and those who had got subsidy-linked loan before 2020 were eligible under this scheme.</p> <p>Under Care 2 plan, MSME unit, affected during COVID, can seek assistance for technical upgradation or modernisation with 25 per cent subsidy with a maximum subsidy of Rs 25 lakh on the cost of machineries.</p> <p>Applications for Care can be downloaded from <a href="https://www.msmeonline.tn.gov.in">https://www.msmeonline.tn.gov.in</a>/. </p> <p><em><strong>(KNN Bureau)</strong></em></p> 30110 https://knnindia.co.in/news/newsdetails/state/tamil-nadu-moots-care-scheme-for-covid-hit-msmes 2022-08-05 07:49:58 knnindia.co.in