Scheme of Fund for Regeneration of Traditional Industries (SFURTI)
This profile has been independently compiled from official gazette notifications and verified web domains. Source Authority Link: sfurti.msme.gov.in Authority: Ministry of MSME • State/Region: Central Scheme (All India) • Last Audited: 19 Oct 2026
Quick AI Summary
SFURTI provides financial assistance for developing traditional industry clusters through common facility centres, skill upgradation, and market linkage support for artisans.
Detailed Summary
Scheme Overview
The Scheme of Fund for Regeneration of Traditional Industries (SFURTI) aims to organize traditional industries and artisans into clusters to make them competitive and sustainable. The scheme focuses on khadi, village industries, coir, bamboo, and other traditional sectors by providing support for infrastructure development, capacity building, and market promotion.
Cluster Categories
- Regular Clusters: 500 to 2,500 artisans with maximum government assistance of ₹3 Crore.
- Major Clusters: 2,500 to 5,000 artisans with maximum government assistance of ₹5 Crore.
- Heritage Clusters: 1,000 to 2,500 artisans in identified heritage sectors with maximum government assistance of ₹8 Crore.
Key Components
- Hard Interventions: Common Facility Centres (CFCs), raw material banks, tool banks, and production infrastructure.
- Soft Interventions: Skill development, design development, market promotion, and capacity building.
- Thematic Interventions: Cross-cutting support for branding, e-commerce enablement, and innovation.
Implementation Architecture
Implemented through Nodal Agencies (KVIC, Coir Board, State Khadi Boards) and Technical Agencies. The Implementing Agency (IA) is typically a Special Purpose Vehicle (SPV) formed by cluster stakeholders.
Key Benefits & Financial Assistance
| Comparison Criteria | Benefits |
|---|---|
| Key Benefits |
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Eligibility Criteria Profile
| Comparison Criteria | Eligibility |
|---|---|
| Minimum Age Limit | 18 Years or above |
| Physical Disability | Not Restricted (Anyone can apply) |
| Domicile State | All India (Central Scheme) |
Application Process Guide
- Identification of potential cluster by Nodal Agency (KVIC, Coir Board, State Khadi Board) or Technical Agency
- Preparation of Detailed Project Report (DPR) by empaneled Technical Agency in consultation with stakeholders
- Submission of DPR to Nodal Agency for appraisal and recommendation
- Nodal Agency forwards recommended proposals to Scheme Steering Committee (SSC) at Ministry of MSME
- SSC approval and sanction of project with financial outlay and implementation timeline
- Formation of Special Purpose Vehicle (SPV) by cluster artisans and registration as legal entity
- Execution of Tripartite Agreement between Ministry, Nodal Agency, and Implementing Agency (SPV)
- Release of first installment (typically 30%) upon fulfillment of pre-disbursement conditions
- Implementation of Hard and Soft Interventions as per approved DPR and milestone schedule
- Subsequent fund releases based on Utilization Certificates, physical verification, and milestone achievement
Common FAQs regarding this Yojana
Eligible permanent residents meeting the specified domicile, income, and category criteria can submit an application along with verified credentials.
Key mandatory documents include Aadhaar Card, Residence/Domicile Certificate, Income Certificate, and active Bank Account Passbook.
Benefits are directly credited to the beneficiary's Aadhaar-seeded bank account through the Public Financial Management System (PFMS) / DBT.
Applicants can track status in real-time by logging into the official portal using their Application Reference Number.