The Ministry of MSME had commissioned an evaluation study of the Credit Linked Capital Subsidy Scheme (CLCSS) through National Institute of Labour Economics Research and Development (NILERD) where the effectiveness of the scheme was being evaluated and its impact was being assessed.

A holistic evaluation exercise of the said scheme was undertaken by seeking responses from beneficiary SME organisations – across selected regions – and prime lending institutes (banks). NILERD engaged BRIEF to undertake in-depth questionnaire-based interviews with 130 such beneficiary organisations and 15 lending banks/financial organisations.