Micro and small enterprises cluster development programme

Mar 17: The Ministry of MSME has approved 540 projects including 212 projects pertaining to the setting up of Common Facility Centers (CFCs) and 328 projects for Infrastructure Development (ID) under the Micro and Small Enterprises Cluster Development Programme (MSE-CDP), out of which 92 Common Facility Centers (CFCs) projects and 200 Infrastructure Development (ID) projects have been completed so far. The detail of approved projects as well as completed projects is enclosed (Annexure).

Under MSE-CDP, the provision of maximum assistance of Rs. 18.00 crore (90% of the maximum permissible project cost of Rs. 20.00 crore) for Common Facility Centers (CFCs),  Rs. 8.00 crore (80% of the maximum permissible project cost of Rs. 10.00 crore) for Infrastructure Development (ID) project and Rs. 12.00 crore (80% of maximum permissible project cost Rs. 15.00 crore) for Flatted Factory Complexes (FFCs) was provided as per old guidelines, which has been changed to Rs. 21.00 crore (70% of maximum permissible project cost Rs. 30.00 crores) for Common Facility Centers (CFCs), Rs. 10.50 crore (70% of maximum permissible project cost Rs. 15.00 crore) for setting up of new Industrial Estate/Flatted Factory Complex and Rs. 6.00 crore (60% of maximum permissible project cost Rs. 10.00 crore) for up-gradation of existing Industrial Estate / Flatted Factory Complexes as per the new scheme guidelines.

The detail of funds released under MSE-CDP during each of the last three years and the current year and the actual amount spent is appended below:

YearFunds allocatedFunds released/spent
2019-20227.90226.339
2020-21116.28116.28
2021-22156.50135.59
2022-23(upto 13.03.2023)120.00104.93
Disclaimer: We donot claim that the images used as part of the news published are always owned by us. From time to time, we use images sourced as part of news or any related images or representations. Kindly take a look at our image usage policy on how we select the image that are used as part of the news.