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Your email address will not be published.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

India to Host Second WHO Global Summit on Traditional Medicine

New Delhi will become the focal point of a global dialogue on health and well-being ...

POLICY FOR VEHICLES NOT MEETING SAFETY STANDARDS

Rule 126 of the Central Motor Vehicles Rules, 1989 (CMVR) provides that every manufacturer or ...

Government Streamlining FDI and FII Processes to Strengthen Investment Climate: Shri Goyal

Union Minister of Commerce & Industry, Shri Piyush Goyal highlighted manufacturing, skilling, investment and technology ...

Government to promote tribal products in international markets: Union Minister of Commerce and Industry

Union Minister of Commerce & Industry, Shri Piyush Goyal has said that all tribal products ...

World Food India 2025 MoUs signed worth of ₹1 lakh crore on Day 1 and 2 of the summit

On the day two of World Food India 2025, we witnessed significant strides toward positioning ...

In a very big step towards self-reliance, BSNL has developed a completely indigenous 4G technology placing India among the top five countries in the world with fully indigenous technology to launch 4G services: PM

Prime Minister Shri Narendra Modi inaugurated and laid the foundation stone of development works worth ...

Road Show Showcases Angul Aluminium Park as Odisha’s Strategic Aluminium Hub and Investor Friendly Destination

National Aluminium Company Limited (NALCO), the NavratnaCPSE under the Ministry of Mines,        ...

MOIL starts export of Manganese ore as State Trading Enterprise

MOIL marked a significant milestone in manganese ore exports from India with the dispatch of ...

Government has provided special packages on DAP over and above the NBS subsidy rates on need basis in order to ensure smooth availability of DAP

Government has implemented Nutrient Based Subsidy Policy w.e.f. 1.4.2010 for Phosphatic and Potassic (P&K) Fertilizers. ...

44 Bids Received under 10th Round of Commercial Coal Mine Auctions

The Ministry of Coal has received an overwhelming response for the coal mines offered under ...