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Revamped Scheme of Fund for Regeneration of Traditional Industries (SFURTI)

Ministry Ministry of Micro, Small and Medium Enterprises (MSME)
Related Scheme Revamped Scheme of Fund for Regeneration of Traditional Industries (SFURTI)
Description To organize the traditional industries and artisans into clusters in order to make them competitive and provide support for their long- term sustainability.
Nature of assistance
  • The financial assistance provided for any specific project shall be subject to a maximum of Rs.5 (Five) crore.
  •  Regular Clusters (upto 500 artisans)* -Per Cluster Budget Limit -Rs.2.50 crore
  • Major Clusters (more than 500 artisans) -Per Cluster Budget Limit -Rs.5  crore
  • 95%:5% in case of North Eastern Region (NER), J&K and hilly states. (IA/SPV may deposit their share in a phased manner with minimum 25% in a single installment as per the satisfaction of NA.)

 

Who can apply?
  • NGOs, Institutions of the Central, State and, Semi-Government
  •  Field functionaries of State and Central Govt., Panchayati Raj Institutions (PRIs)

Similar agencies as above, with suitable expertise to undertake cluster development.

How to apply? The eligible agency/ organization has to submit the proposal through SFURTI portal to any of the other designated Nodal Agencies under the scheme (as mentioned in the guidelines and as appointed from time to time) for onward submission to Ministry and Scheme Steering Committee for approval.

Application can be submitted at: https://sfurti.msme.gov.in/SFURTI/SfLogin.aspx

Whom to contact Director/Deputy Secretary (ARI), Ministry of MSME.

Email: sfurti.msme@gov.in

Phone: 011-23061636

  Download Scheme guidelines

https://sfurti.msme.gov.in/WriteReadData/Circular/SFURTI_NEW.pdf

 

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