Central GovernmentVerified

Scheme of Fund for Regeneration of Traditional Industries

Ministry: Ministry Of Micro, Small and Medium Enterprises

To make the traditional industries more productive and competitive and facilitating their sustainable development, the Govt. of India announced in 2005-06, setting up of a fund for the regeneration of traditional industries. Pursuant to this announcement, a Central Sector Scheme titled the “SFURTI".

Start date1 Apr 2005

Last verifiedToday

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About This Scheme

The “Scheme of Fund for Regeneration of Traditional Industries (SFURTI)” is an initiative of the Ministry of Micro, Small, and Medium Enterprises, Government of India, launched in 2005 to strengthen traditional industries by making them competitive, market-driven, and sustainable. The scheme focuses on organizing artisans and rural entrepreneurs into clusters to enhance productivity, income, and employment opportunities. It supports infrastructure development, technology upgradation, skill training, product design, and improved market access. The Coir Board acts as the nodal agency and implements the scheme through designated agencies for each cluster. The scheme also promotes innovation, branding, e-commerce, and sustainable practices to improve the overall value chain of traditional industries.

Benefits

1. 100% of Project cost excluding/except Hard Interventions.

1. 90% of Hard Intervention is eligible for the North Eastern Region, UT of Jammu & Kashmir and Hill States, and 75% of Hard Intervention for Others.

₹25.0 L

#Project InterventionScheme FundingFinancial Limit Financial Limit Implementing Agency ShareACluster InterventionsA1Soft Interventions including skill training, capacity building, and design development 100%Subject to a maximum of 33% of A (Total cost of Cluster Interventions both hard and soft interventions) or ₹25.00 lakh, whichever is less.Maximum ₹8 crores per project (A+B+C)NilA2Hard Interventions including CFCs, RMBs, training Centres, etc.75%Maximum ₹8 crores per project (A+B+C)25% of Project CostBCost of Technical Agency 100%8% of A1+A2 (Total cost of Cluster Interventions both hard and soft interventions)Maximum ₹8 crores per project (A+B+C)NilCCost of IA/SPV including CDE100%Maximum ₹20.00 lakh per project.Maximum ₹8 crores per project (A+B+C)Nil 90%:10% in the case of the North Eastern Region (NER), UT of J&K and hill states.

This may include remuneration of Cluster Development Executive (CDE) and other expenses incidental to the entire 3-year project implementation.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

✦
Certificate of Registration of the organization
✦
Endorsement from Promoting Organisation (if applicable)
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Establishment date & summary of registered organization
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List of Governing Body/Board of Directors
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Details of Areas of Activity
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List of organizations with which formal MoUs/linkages exist
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Annual Audited statement & IT returns for the last 3 years
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Details of Recognitions & Awards
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Details of Team/Staff with cluster experience
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Bank account details
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Any other document, as required

✦ Required ◦ Optional

How to Apply

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Instructions for Filling the Concept Scorecard: Click here .

Quick Info

Level: Central Government
Max benefit: ₹25.0 L
Launched: 1 Apr 2005