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:

  1. Khadi and Village Industries Commission – for Khadi and Village Industry clusters
  2. Coir Board – Coir based clusters