111 Proposals of SFURTI Clusters Approved in Last Three Years (Download PDF)

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Ministry of Micro, Small and Medium Enterprises (MSME) has approved 111 proposals of clusters under Scheme of Fund for Regeneration of Traditional Industries’ (SFURTI) scheme. Under the Scheme, financial assistance is provided for development of Khadi, coir and village Industries clusters.

Image Of Inaguration Of Sfurti Clusters

Image Of Inaguration Of Sfurti Clusters

Image Of Inaguration Of Sfurti Clusters

About SFURTI

  • SFURTI is Scheme of Fund for Regeneration of Traditional Industries.

  • Ministry of Micro Small and Medium Enterprises (MSME), Govt. of India has launched this scheme in the year 2005 with the view to promote Cluster development.

  • As per the revised guidelines, the following schemes are being merged into SFURTI:

  • The Scheme for r Enhancing Productivity and Competitiveness of Khadi Industry and Artisans

  • The Scheme for Product Development, Design Intervention and Packaging (PRODIP)

Approvals in Last 3 Years

  • Other small interventions like Ready Warp Units, Ready to Wear Mission, etc.

  • For major clusters with more than 500 artisans the budget limit is Rs. 5.00 crore and for Regular Clusters with up to 500 artisans, the budget limit is 2.5 crore rupees.

  • During the last three years, Rs. 13,847.817 lakh have been spent by the SFURTI clusters, with the no. of artisans and beneficiaries reaching nearly 72,400 persons.

  • The MSME Minister further said the Scheme Steering Committee chaired by Secretary MSME, reviews the progress of approved clusters periodically.

  • Further, an online portal for SFURTI Scheme is operational which is updated regularly for monitoring its effective implementation.

  • CSR and Multilateral Development Bank’s resources have yet not been leveraged under SFURTI Scheme, the Minister added.

Criteria for Selection of Clusters

  • The selection of clusters will be based on their geographical concentration which should be around 500 beneficiary families of artisans/micro enterprises, suppliers of raw materials, traders, service providers, etc. , located within one or two revenue sub-divisions in a District (or in contiguous Districts).

  • The clusters would be from khadi, coir and village industries, including leather and pottery.

  • The potential for growth in production and generation of employment opportunities will also be considered in selecting clusters under SFURTI.

  • The geographical distribution of the clusters throughout the country, with at least 10 per cent located in the North Eastern region, will also be kept in view while selecting clusters.

- Published/Last Modified on: February 16, 2019

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