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About

SFURTI (Scheme of fund for Regeneration of Traditional Industries)

The Scheme of Fund for Regeneration of Traditional Industries (SFURTI) is an initiative aimed at organizing traditional industries and artisans into clusters, increasing their production, value addition, and competitiveness in the market. By enhancing the traditional sectors, the scheme promotes sustainable employment for artisans, ensuring that they can increase their income and benefit from improved market linkages.

¨     Scheme Benefits:  

o   Government of India (GoI) Support:

§  Financial assistance of up to ₹2.5 crore for clusters with up to 500 artisans.

§  Financial assistance of ₹5 crore for clusters with more than 500 artisans.

o   Additional Features:

§  Establishment of a modern production facility equipped with the latest machinery.

§  Raw material support.

§  Soft interventions worth up to ₹25 lakh, including:

·       Skill development.

·       Exposure visits.

·       Buyer-seller meetings.

·       Marketing and e-commerce connectivity.

·       Design and product development support.

about

Objective

  • The financial assistance provided for any specific project shall be subject to a maximum of Rs.8 (Eight) crore.
  • 90%:10% in case of North-eastern Region (NER), J&K and hilly states. • IA/SPV Share – 25% of Project Cost including Land Cost and own contribution as equity
  • Heritage Clusters (1000-2500 artisans) * -Per Cluster Budget Limit -Rs.8.00 crore • Major Clusters (500-1000 artisans) -Per Cluster Budget Limit -Rs.3 crore • Mini Clusters (Upto 500 artisans) – Per Cluster Budget Limit – Rs.1.50 Crore

Eligibility

1

The Selection of Clusters will be based on their geographical concentration which would be around 500 beneficiary families of artisans/suppliers of raw materials, traders, service providers, etc., located within one or two revenue subdivisions in a District (or in contiguous Districts.)

2

The potential for growth in production and generation of employment opportunities will also be considered in selecting clusters under SFURTI.

How to Apply?

01

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.

02

For applicant/organization needs to login through their ID on the SFURTI Portal and fill out the application form completely.

03

Upload all the relevant documents and verify the details. • Submit the application form.

Scheme

Details & Documents

Subject Type Size Action
SFURTI (Scheme of fund for Regeneration of Traditional Industries) Document PDF 1046KB
SFURTI (Scheme of fund for Regeneration of Traditional Industries) Highlight PDF 434KB