MICRO AND SMALL ENTERPRISES CLUSTER DEVELOPMENT PROGRAMME

About:

• The guidelines will be implemented during the 15th Finance Commission Cycle.
• The scheme aims at enhancing the competitiveness and productivity of Micro and Small Enterprises through interventions in Common Facility Centers and Infrastructure Development.
• Government grants for Common Facility Centers will be restricted to seventy percent of the cost of the project from five crore rupees to ten crore rupees and sixty percent of the cost of the project from ten crore rupees to thirty crore rupees.
• However, for North East and the Hill States including Island territories and Aspirational Districts, the grant will be given eighty and seventy percent of the cost of the project as per different project cost ranges.
• Grant for Infrastructure Development will be restricted to sixty percent of the cost of the project from five crore rupees to fifteen crore rupees for setting up of a new Industrial Estate, Flatted Factory Complex.
• Grant will be fifty percent of the cost of the project from five crore rupees to ten crore rupees for up-gradation of the existing Industrial Estate, Flatted Factory Complex.