The Union Territory of Jammu and Kashmir stands number one in Geo Tagging of Cluster Development Projects (CDPs) in the country, implemented by the Union Ministry of Micro, Small and Medium Enterprises (MSME).

AIR Correspondent reports that this achievement will result in faster approval of projects, and timely release of funds from central government, this will pave the way for faster growth of MSMEs across J&K.

Union Ministry of MSME is implementing Cluster Development Projects in the country including J&K through which the central government’s grant up to 80% is applicable for common facility centre projects and 70% for development of Industrial Estates. J&K has received 10 projects from the Ministry of MSME for the development of Industrial Estates and Common Facility Centers (CFCs) and the total project value of CFCs and ID’s in J&K is approximately 90.73 crore rupees Recently, the Union Ministry called for Geo Tagging of all the projects under MSE-CDP for all states including J&K.

In J&K, two teams were appointed for Jammu and Kashmir divisions for completing this task. The teams worked with full spirit and completed the Geo Tagging of all the projects, completed and ongoing across J&K.