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.
₹25.0 L
| # | Project Intervention | Scheme Funding | Financial Limit | Financial Limit | Implementing Agency Share |
| A | Cluster Interventions | ||||
| A1 | Soft 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) | Nil |
| A2 | Hard Interventions including CFCs, RMBs, training Centres, etc.* | 75% | Maximum ₹8 crores per project (A+B+C) | 25% of Project Cost | |
| B | Cost 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) | Nil |
| C | **Cost of IA/SPV including CDE | 100% | 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.
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), Private sector by forming cluster-specific SPVs, Corporates and Corporate Responsibility (CSR) foundations with expertise to undertake cluster development.
> Criteria for Selection of Clusters:
The Selection of Clusters will be based on their geographical concentration which would be around 500 beneficiary families of artisans/micro-enterprises, suppliers of raw materials, traders, service providers, etc., located within one or two revenue subdivisions in a District (or in contiguous Districts.)
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% located in the North Eastern region will also be kept in view while selecting Clusters.
✦ Required ◦ Optional
Step 1: Eligible agencies/organizations may submit the proposal online. The applicant/agency/organization needs to visit on SFURTI Portal and register/sign up on the portal by entering their correct details.
Step 2: The applicant organization needs to log in through their ID on the SFURTI Portal and fill out the application form completely.
Step 3: Upload all the relevant documents and verify the details.
Step 4: Submit the application form.
