Grant assistance for leather cluster projects limited by acreage-based ceilings and SPV eligibility requirements, enabling infrastructure development nationwide. Approval of a Mega Leather Cluster sub-scheme under the Indian Leather Development Programme to replace the Leather Parks scheme, providing central grant-in-aid of up to 70% of project cost excluding land, subject to acreage-based per-cluster ceilings and a minimum cluster land requirement. Implementation mandates formation of an SPV by a minimum number of independent leather entrepreneurs with prescribed net worth and equity distribution limits, cash contribution obligations, and engagement of a professional Project Management Consultant; the scheme is applicable nationwide and proposals are submitted to the Department under published guidelines.
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Grant assistance for leather cluster projects limited by acreage-based ceilings and SPV eligibility requirements, enabling infrastructure development nationwide.
Approval of a Mega Leather Cluster sub-scheme under the Indian Leather Development Programme to replace the Leather Parks scheme, providing central grant-in-aid of up to 70% of project cost excluding land, subject to acreage-based per-cluster ceilings and a minimum cluster land requirement. Implementation mandates formation of an SPV by a minimum number of independent leather entrepreneurs with prescribed net worth and equity distribution limits, cash contribution obligations, and engagement of a professional Project Management Consultant; the scheme is applicable nationwide and proposals are submitted to the Department under published guidelines.
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