Cluster Infrastructure Funding enables central grant support for approved mega leather clusters under SPV led implementation and project appraisal. The Mega Leather Cluster sub scheme under the Indian Leather Development Programme supports development of cluster infrastructure-including core, special, production, HRD, R&D and export services-by providing central grant in aid covering a portion of project cost subject to maximum ceilings and minimum land area. Implementation requires an SPV company formed by leather entrepreneurs to contribute prescribed cash and land, meet promoter net worth and dispersed ownership conditions, and secure project approval; a professional PMC will be engaged for appraisal and execution, and proposals are submitted to the Department per scheme guidelines.
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Provisions expressly mentioned in the judgment/order text.
Cluster Infrastructure Funding enables central grant support for approved mega leather clusters under SPV led implementation and project appraisal.
The Mega Leather Cluster sub scheme under the Indian Leather Development Programme supports development of cluster infrastructure-including core, special, production, HRD, R&D and export services-by providing central grant in aid covering a portion of project cost subject to maximum ceilings and minimum land area. Implementation requires an SPV company formed by leather entrepreneurs to contribute prescribed cash and land, meet promoter net worth and dispersed ownership conditions, and secure project approval; a professional PMC will be engaged for appraisal and execution, and proposals are submitted to the Department per scheme guidelines.
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