Government Okays Rules To Help Improve Small Business Competitiveness
NDTV
The scheme aims at enhancing the competitiveness and productivity of micro and small enterprises by undertaking certain interventions
Government has approved new guidelines of Micro and Small Enterprises Cluster Development Programme (MSE-CDP) for implementation during the 15th Finance Commission cycle - 2021-26, the MSME ministry said on Friday.
The scheme aims at enhancing the competitiveness and productivity of micro and small enterprises by undertaking certain interventions.
The interventions include setting up of common facility centres and infrastructure development.
According to the guidelines, the central government's grant for development of Common Facility Centres (CFCs) will be restricted to 70 per cent of the cost of the project from Rs 5 crore to 10 crore and 60 per cent of the cost of project from Rs 10 crore to Rs 30 crore.
