At the request of many prominent Associations of Micro and Small Enterprises, the Ministry of Micro and Small Enterprises took initiative to extend the period of validity of CLCSS during XI Plan period for the benefit of Micro and Small Enterprises.
With the extension of the CLCSS during XI Five Year Plan period, the Micro and Small Enterprises will be able to modernise their plants & machineries and upgrade their manufacturing technologies and will be able not only to survive in the most competitive environment of the present era of liberalisation and globalisation but will also be able to make remarkable progress and provide employment to many people and contribute to the national economy.
Press Information Bureau Government of India
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