MSME Ministry Approves 242 CFCs, 513 Clusters, Credit Guarantee

The Ministry of MSME has approved 242 Common Facility Centres (CFCs) under MSE-CDP and 513 clusters under SFURTI to enhance MSE competitiveness.
Two CFCs approved in Punjab: Garment Cluster in Ludhiana (textile) and Cutting Tool Cluster in Patiala (automobile).
Credit Guarantee Scheme for MSEs offers up to Rs.10 crore coverage, with 85% coverage for informal micro enterprises.