SFURTI is a Scheme of Fund for Regeneration of Traditional Industries. Ministry of MSME has launched this scheme in the year 2005 with the view to promote Cluster development. KVIC is the nodal Agency for promotion of Cluster development for Khadi as well as for V.I. products. As on date, a no. of 76 Clusters have come up as per the scheme and many of these clusters have been completed. The Revamped SFURTI Cluster will intensify the sustainability of the programme beyond the project period through creation of Special Purpose Vehicle (SPV) or deemed SPV. Further, the revamped guideline has added many new features for all round development of SFURTI clusters
The Scheme would cover three types of interventions namely 'soft Interventions', 'hard Interventions' and 'thematic interventions'. The project outlay for various clusters is as follows:
Heritage cluster (1000-2500 artisans *):Rs 8 crore
Major cluster (500-1000 artisans*) : Rs 3 crore
Mini cluster (Up to 500 artisans*) : Rs 1.5 crore
Note: *For NER/ J&K and Hill States, there will be 50% reduction in the number of artisans per cluster.
The above eligible agency/organization has to submit the proposal to the State Office, KVIC and the same is to be scrutinized at State Level and Zonal Level before submitting to Scheme Steering Committee for approval.
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