Revamped Scheme of Fund for Regeneration of Traditional Industries (SFURTI)
- To organize the traditional industries and artisans into clusters in order to make them, competitive and provide support for their long term sustainability;
- To provide sustained employment for traditional industry artisans and rural entrepreneurs;
- To enhance marketability of products of such clusters by providing support for new products, design intervention and improved packaging and also the improvement of marketing Infrastructure;
- To equip traditional artisans of the associated clusters with the improved skills and capabilities through training and exposure visits;
- To make provision for common facilities and improved tools and equipments for artisans;
- To strengthen the cluster governance systems with the active participation of the stakeholders, so that they are able to gauge the emerging challenges and opportunities and respond to them in a coherent manner;
- To build up innovative and traditional skills, improved technologies, advanced processes, market intelligence and new models of public-private partnerships, so as to gradually replicate similar models of cluster- based regenerated traditional industries.
Nature of assistance
- 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 *): ₹ 8 cr;
- Major cluster (500-1000 artisans *): ₹ 3 cr;
- Mini cluster (Up to 500 artisans*): ₹ 1.5 cr.
- *For NER/ J&k and Hill States, there will be 50% reduction in the number of artisans per cluster.
- Soft Interventions: A maximum ceiling of ₹ 25.00 lakhs (100% scheme funding)
- Hard Interventions: As per project requirement (75% scheme funding)
- Cost of Technical Agency is calculated at 8 % of Soft and Hard Interventions (100% scheme funding).
- Cost of Implementing Agency/ Cluster Executive is fixed at a ceiling of ₹ 20.00 lakhs (100% scheme funding).
Who can apply?
Non-Government Organizations (NGOs), Institutions of the Central and State Governments and, Semi-Government institutions, field functionaries of State and Central Govt., Panchayati Raj institutions (PRIs), and similar agencies, with suitable expertise to undertake cluster development.