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

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• 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)
• The Scheme for Rural Industries Service Center (RISC) and
• Other small interventions like Ready Warp Units, Ready to Wear Mission, etc.

The target sectors and potential beneficiaries will include:

• Artisans, workers, machinery makers, raw material providers, entrepreneurs, institutional and private business development service (BDS) providers.
• Artisan guilds, cooperatives, consortiums, networks of enterprises, self-help groups (SHGs), enterprise associations, etc.
• Implementing agencies, field functionaries of Government institutions/organisations and policy makers, directly engaged in traditional industries.The following agencies shall be designated as the Nodal Agencies for the Scheme:
  • Khadi and Village Industries Commission – for Khadi and Village Industry clusters
    Coir Board – Coir based clusters
  • mplementing Agencies (IAs) would be 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), etc. with suitable expertise to undertake cluster development.
  • One IA will be assigned for only one cluster (unless it is an agency with State – wide coverage).
  • The selection of IAs, based on their regional reputation and experience of working at the grass – roots level, will be done by the Nodal Agencies (NAs), on the basis of transparent criteria.

  Types of clusters

  • SFURTI clusters are of two types i.e., Regular Cluster (500 artisans) with Government assistance of up to Rs.2.5 crore and Major Cluster (more than 500       artisans) with Government assistance up to Rs.5 crore.
  • The scheme focuses on strengthening 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.