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Shri Prasad inaugurates MSME Cluster Development Workshop

02 Feb '08
2 min read

A Group of Ministers has been formed to review the existing Cluster Development Programmes of different ministries of the Government.

This was stated by Shri Mahabir Prasad, Minister for Micro, Small & Medium Enterprises while inaugurating the National Workshop on Micro, Small & Medium Enterprises Cluster Development.

The Minister said that the Government extended financial assistance to the tune of Rs.61 crore for the development of 156 clusters under the Micro & Small Enterprises Cluster Development Programmes (MSECDP).

Besides, diagnostic study of 172 clusters has been undertaken to understand the problems of these clusters and address them.

Under MSECDP, the Government provides 90 per cent financial assistance as a soft intervention for enhancing the productivity of a cluster, whereas for establishment of Common Facility Centre, the Central Government provides a maximum of 70 per cent assistance as a hard intervention. The rest of the amount is provided by the beneficiaries of the cluster and the State Government.

Under SFURTI, 124 Clusters have been approved for khadi, coir and village industry sectors. Under this scheme, for the development of each cluster an amount of Rs. 85 lakh to Rs. 1,10,000 will be spent.

The National Resource Centre for Cluster Development (NRCD) of National Institute for Micro, Small & Medium Enterprises (formerly known as NISIET) under the Ministry of Micro, Small & Medium Enterprises has organised this two-day national workshop on MSME Cluster Development on 28-29 January 2008 in New Delhi.

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