CENT MSE SPICE
(SCHEME FOR PROMOTION AND INVESTMENT IN CIRCULAR ECONOMY)
Scheme to promote Circular Economy and incentivize Micro and Small Enterprises to adopt Circular Economy in the sector with a focus on notified regulations such as Plastic, Rubber, Electronics, Waste Management, Municipal solid waste & liquid waste, Compressed biogas, Lithium-ion batteries, End-to-life vehicles, Scrap metal—ferrous and non-ferrous, Solar panels, Hazardous industrial waste, used oil waste, etc.
Facility : Working Capital/ Term Loan.
Loan Amount : Maximum Rs.50.00 Lakh
Margin: 10%.
Tenor for Term Loan : Maximum 84 months including moratorium of 9 months.