Salient Features of Sfurti:
- Sfurti is Scheme of Fund for Regeneration of Traditional Industries.
- 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 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.
Target Sectors and Potential Beneficiaries:
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.
- Financial Assistance
- The financial assistance provided for any specific project shall be subject to a maximum of Rs 8 (eight )crore.
|Type of clusters||Per Cluster Budget Limit|
|Heritage Clusters (1000 – 2500 artisans)||Rs 8.00 crore|
|Major Clusters (500 – 1000 artisans)||Rs 3.00 crore|
|Mini – Clusters (Up to 500 artisans)||Rs 1.50 crore|
- For NER/ J&K and Hill States, there will be 50% reduction in the number of artisans per Cluster.
- The time frame for the implementation of project will be 3 years. The DPR would provide year-wise phasing of the interventions and requirements of funds.
Nodal Agencies (NAS):
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