Home » MSME » New Guidelines of Micro & Small Enterprises Cluster Development Programme (MSE-CDP) approved

New Guidelines of Micro & Small Enterprises Cluster Development Programme (MSE-CDP) approved

The Government has approved New Guidelines of Micro & Small Enterprises Cluster Development Programme (MSE-CDP), which will be implemented during 15th Finance Commission Cycle(2021-22 to 2025-26). The scheme aims at enhancing the competitiveness and productivity of Micro & Small Enterprises by undertaking interventions such as:

  1. Common Facility Centers (CFCs): The central government grant will be restricted to 70% of the cost of project from Rs. 5.00 crore to Rs. 10.00 crore and 60% of the cost of project from Rs. 10.00 crore to Rs. 30.00 crore. In case of NE & Hill States, Island territories, Aspirational Districts, government grant will be 80% of the cost of project from Rs. 5.00 crore to Rs. 10.00 crore and 70% of the cost of project from Rs. 10.00 crore to Rs. 30.00 crore. The project for CFC with project cost more than Rs. 30.00 crore shall also be considered but the Government assistance would be calculated by taking into account the maximum eligible project cost of Rs.30.00 crore.
  2. Infrastructure Development: The central government grant will be restricted to 60% of the cost of project from Rs. 5.00 crore to Rs. 15.00 crore for setting up of new Industrial Estate / Flatted Factory Complex and  grant will be 50% of the cost of project from Rs. 5.00 crore to Rs. 10.00 crore for up-gradation of existing Industrial Estate / Flatted Factory Complex. In case of NE & Hill States, Island territories, Aspirational Districts,  grant will be 70% of the cost of project from Rs. 5.00 crore to Rs. 15.00 crore for setting up of new Industrial Estate / Flatted Factory Complex and 60% of the cost of project cost from Rs. 5.00 crore to Rs. 10.00 crore for up-gradation of existing Industrial Estate / Flatted Factory Complex. The project for ID with project cost more than Rs. 10.00 crore/15.00 crore can also be considered but the government assistance would be calculated by taking into account the maximum eligible project cost of Rs. 10.00 crore/15.00 crore.

The New guidelines of MSE-CDP are available on the website of the Office of DC(MSME).

About IIPnews

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

Notification issued pertaining to base premium for third party insurance for unlimited liability

The Ministry of Road Transport and Highways, in consultation with the Insurance Regulatory and Development ...

Government  lifts “Export Prohibition” on Bamboo Charcoal for Higher Profitability of Bamboo Industry

Government has lifted the “export prohibition” on bamboo charcoal, a move that would facilitate optimum ...

Coal Production Increases by 29% to 66.58 Million Ton During April, 2022

As per the provisional statistics of Ministry of Coal, the total coal production increased by ...

Agriculture and Tourism-Based Industries under MSMEs

As per existing guidelines, some of the activities under agriculture and tourism based enterprises are ...

Export Policy for MSMES

E-Commerce is widely considered as a medium to reduce costs related to penetration and sustainability ...

Participation of Women in MSMEs

Government of India launched the Beti Bachao Beti Padhao (BBBP) scheme in January 2015 to ...

Central Government relaxes provisions of TCS under section 206C(1G) of the Income-tax Act, 1961 in respect of non-resident individuals visiting India

Section 206C (1G) of the Income-tax Act, 1961 (“the Act”) provides for collection of tax ...

Seven AAI airports chosen for Voice of Customer Recognition 2021 by Airports Council International

Seven AAI airports namely Chennai, Kolkata, Goa, Pune, Patna, Bhubaneswar & Chandigarh that participated in ...

NALCO Registers Highest Ever Quarterly Total Turnover and Export Turnover in Q3 of FY22  

National Aluminium Company Limited (NALCO), one of India’s largest integrated manufacturer and exporter of alumina ...

Ministry of Coal Auctions 32 Coal Mines So Far

Total of 32 coal mines have been auctioned by Ministry of Coal from FY 2016-17 ...

WP2Social Auto Publish Powered By : XYZScripts.com