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AP Cluster Development Programme (₹200 Crore) – Boost to MSMEs in Andhra Pradesh | APPSC Notes

mse ap cdp

Why in News?

Andhra Pradesh Cabinet has approved a ₹200-crore Cluster Development Programme (AP-CDP). The scheme aims to strengthen Micro, Small and Medium Enterprises (MSMEs) through infrastructure and technology support.

mse ap cdp

Andhra Pradesh-Cluster Development Programme

Andhra Pradesh Cluster Development Programme (AP-CDP) is a ₹200-crore state-funded initiative approved by the Andhra Pradesh Cabinet in to strengthen Micro, Small, and Medium Enterprises (MSMEs). The program aims to establish 45 Common Facility Centres (CFCs) over five years to provide shared infrastructure and modern technology to small units.

  • Common Facility Centres (CFCs): 45 centres will be set up across the state to provide shared services like modern machinery, R&D support, packaging units, and quality testing labs.
  • Financial Assistance: The state government will provide between ₹5 crore and ₹10 crore per project.
https://www.thehindu.com/news/national/andhra-pradesh/200-crore-cluster-development-programme-aims-to-boost-msmes-in-andhra-pradesh/article70491076.ece: AP Cluster Development Programme (₹200 Crore) – Boost to MSMEs in Andhra Pradesh | APPSC Notes

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