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

The main objectives of the scheme are to:

  • To organize the traditional industries and artisans into clusters to make them, competitive and provide support for their long term sustainability
  • To provide sustained employment for traditional Industry artisans and rural entrepreneurs;
  • To enhance marketability of products of such clusters by providing support for new products, design intervention and improved packaging and also the improvement of marketing Infrastructure;
  • To equip traditional artisans of the associated clusters with the improved skills and capabilities through training and exposure visits;
  • To make provision for common facilities and improved tools and equipments for artisans;
  • To strengthen 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 in a coherent manner;
  • To build up innovative and traditional skills, improved technologies, advanced processes, market intelligence and new models of public-private partnerships, so as to gradually replicate similar models of cluster- based regenerated traditional Industries.

The Scheme would cover three types of interventions namely 'soft Interventions', 'hard Interventions' and 'thematic interventions'. The project outlay for various clusters is as follows:

  • Heritage cluster (1000-2500 artisans *):Rs 8 crore
  • Major cluster (500-1000 artisans*) : Rs 3 crore
  • Mini cluster (Up to 500 artisans*) : Rs 1.5 crore

*For NER/ J&K and Hill States, there will be 50% reduction in the number of artisans per cluster.

Soft Interventions: Max Rs 25.00 lakhs (100% scheme funding)

Hard Interventions: As per project requirement (75% scheme funding)

Cost of Technical Agency Rs 8 % of Soft and Hard interventions (100% scheme funding)

Cost of Implementing Agency/ Cluster Executive: Max Rs 20.00 lakhs (100% scheme funding).

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.

The above eligible agency/organization has to submit the proposal to the State Office, KVIC and the same is to be scrutinized at State Level and Zonal Level before submitting to Scheme Steering Committee for approval.