New Guidelines of Micro & Small Enterprises Cluster Development Programme (MSE-CDP) approved
The government has approved the new guidelines of Micro and Small Enterprises Cluster Development Program (MSE-CDP).
It will be implemented during the 15th Finance Commission Cycle(2021-22 to 2025-26).
The objective of this scheme is to increase the competitiveness and productivity of micro and small enterprises such as -
Common Facility Centers (CFCs)
The Central Government grant will be limited to Rs.5 crore to Rs.10 crore, 70% of the project cost and 60% of the project cost from Rs.10 crore to Rs.30 crore.
In case of NE & Hill States, Island territories, Aspirational Districts, government grant will be 80% of the cost of project from Rs 5 crore to Rs 10 crore and 70% of the cost of project from Rs 10 crore to Rs 30 crore.
Central Government grant will be limited to 60% of the project cost for setting up new industrial estate/flatted factory complex from Rs.5.00 crores to Rs.15.00 crores and 50% of the project cost from Rs.5.00 crores to Rs.15.00 crores.
In case of North Eastern and Hilly States, Island areas, Aspirational Districts, the grant will be 70% of the project cost, ranging from Rs.5 crore to Rs.15 crore and 60% of the cost for setting up of new industrial estate/flat factory complex.
Objectives of MSE-CDP
To support the sustainability and growth of MSEs by addressing common issues like technology, skill and quality improvement, market access etc.
To build the capacity of MSEs for common support action through self-help groups, formation of associations, up-gradation of associations etc.
Creation and upgradation of infrastructure facilities in new and existing industrial areas and clusters of MSEs.
To set up common facility centres for testing, training centre, raw material depot, effluent treatment etc.
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