PADMA Cluster Infrastructure Development Scheme (PCIDS)
PADMA Cluster Infrastructure Development Scheme (PCIDS)
PADMA Cluster Infrastructure Development Scheme (PCIDS)
The PCIDS aims to enhance MSME growth by strengthening industrial infrastructure at the block level. It promotes regional balance, generates employment, and improves competitiveness within PADMA clusters.
Quantum of Assistance
Financial aid ranges between 50% to 85% of the project cost, with a ceiling of ₹45 crores. The exact percentage depends on the block category (B, C, D) and the size of the land developed.
Eligibility Criteria
- Agencies: Eligible public and private implementing agencies (partnerships, cooperatives, trusts).
- Land Requirement: Minimum 15 acres (D blocks) to 25 acres (B and C blocks).
Application & Procedure
Applications require online submission with detailed project reports (DPR) and statutory approvals. Funds are disbursed in phases upon meeting milestones, verified by audits and inspections.
Role of Wealth Design LLP
Wealth Design LLP offers expert assistance in navigating eligibility, preparing DPRs, and ensuring compliance to maximize investment support for infrastructure development.