MSME Ministry Approves 242 CFCs, 513 Clusters Under Development Schemes

The Ministry of MSME has approved 242 Common Facility Centres (CFCs) under MSE-CDP and 513 clusters under SFURTI, including two CFCs in Punjab for textiles and automobiles.
Under MSE-CDP, Rs. 438.94 crore has been provided in the last five years for CFCs to enhance MSME competitiveness.
The Credit Guarantee Scheme covers loans up to Rs. 10 crore and offers 85% guarantee for unsecured loans up to Rs. 20 lakh for informal micro enterprises.
Udyam Assist Platform certificates are at par with Udyam Registration for priority sector lending to informal micro enterprises.