Solution:

Definition of Technology Upgradation:

• Technology up-gradation would ordinarily mean induction of state-of-the-art or near state-of-the-art technology.

• In the case of more than 7500 products being produced in the Indian small scale sector, technology up-gradation would mean a significant step from the present technology level to a substantially higher one involving improved productivity, or/and improvement in the quality of products or/and improved environmental conditions.

• It would include installation of improved packaging techniques as well as anti-pollution measures and energy conservation machinery.

• Replacement of existing equipment/technology with the same equipment technology will not qualify for this Scheme, nor would the Scheme be applicable to units upgrading with second-hand machinery.