Cluster development is a strategy of the Ministry of Micro, Small and Medium Enterprises (MSMEs) that aims to enhance productivity, competitiveness and capacity building within India. A cluster refers to a group of enterprises that are located in an area and produce similar products. To promote such clusters, the Government of India has launched SFURTI Scheme.
The following sections provide a detailed discussion on the SFURTI MSME Scheme. Stay tuned!
SFURTI scheme is a Scheme of Fund for Regeneration of Traditional Industries. The Ministry of Micro, Small and Medium Enterprises introduced this scheme in 2005 with the objective to promote cluster development.
MSME SFURTI Scheme hopes to organize the traditional artisans and industries into clusters so that those industries become competitive and profitable. Further, this scheme aims to generate employment for rural entrepreneurs and artisans and to enhance the marketability of products.
SFURTI Scheme plans to establish Common Facility Centres (CFCs) to generate sustained employment opportunities.
SFURTI scheme primarily focuses on khadi, bamboo and honey clusters.
As per the revised SFURTI guidelines, the below-mentioned schemes are merged into this scheme,
As the meaning of SFURTI is clear to individuals, let’s move on to learn about eligibility criteria, application process and documentation.
To be able to get selected as a cluster under the SFURTI Scheme, beneficiaries have to fulfil the following eligibility criteria.
Following is a list of potential applicants of SFURTI scheme,
Below is described the application procedure of SFURTI Scheme.
To complete the application process and get the subsidy allocated for each cluster, applicants must submit the following documents,
Here is a list of benefits that individuals can enjoy under the SFURTI Scheme,
From the piece mentioned above, individuals can get complete knowledge of the SFURTI Scheme. Read these details and enjoy the benefits offered under this scheme.
Please try one more time!
Disclaimer: This information is added only for informative purposes and collected from different sources across the Internet. Digit Insurance is not promoting or recommending anything here. Please verify the information before making any decisions.
Continue with {{twoWheelerCtrl.lastVisitedData.lastVisitedUrl.indexOf('DigitPaymentGateway/payments')
!== -1 ? 'payment
completion': 'previous
choice'}}
{{healthCtrl.lastVisitedData.dropOffPolicyHolderData ? 'Complete your purchase': healthCtrl.lastVisitedData.lastVisitedUrl.indexOf('plans-page')
!== -1 ? 'Continue Browsing' : 'Continue with your previous choice'}}
