Sfurti Scheme

About Sfurti Scheme

The Scheme of Fund for Regeneration of Traditional Industries (Sfurti) is an initiative by the Ministry of Micro, Small and Medium Enterprises (MSME), Government of India. It aims to organize traditional industries and artisans into clusters to make them competitive and provide long-term sustainability.

Sfurti focuses on enhancing the productivity, competitiveness, and marketability of products from traditional clusters by providing support for infrastructure development, common facilities, capacity building, and market linkages.

Key Objectives

• To organize traditional industries and artisans into clusters to provide them with improved tools, technology, and common facilities.
• To enhance the competitiveness of traditional industries by providing support for infrastructure development, capacity building, and market promotion.
• To facilitate the creation of sustainable employment opportunities in traditional sectors.
• To build up a spirit of enterprise among persons engaged in traditional industries.
• To strengthen the local governance systems of the clusters.

Salient Features

Cluster Development Approach

Supports the development of clusters in traditional industries like Khadi, Village Industries, Coir, Handicrafts, Handlooms, etc.

Common Facility Centres (CFCs)

Provides financial assistance for setting up CFCs for production, processing, testing, and training.

Capacity Building

Focuses on skill development, design intervention, and entrepreneurship development programs for artisans.

Market Promotion

Supports marketing initiatives, participation in exhibitions, branding, and e-commerce linkages.

Eligibility Criteria

The scheme is primarily for traditional industry clusters. The implementing agencies typically include:

• Non-Government Organizations (NGOs)
• Institutions of the Central and State Governments
• Semi-Government institutions
• Field functionaries of Central and State Governments
• Panchayati Raj Institutions (PRIs)
• Private sector entities with relevant experience

The clusters must have a minimum of 250 artisans for manufacturing clusters and 500 artisans for service clusters.

How to Apply

The application process typically involves submitting a detailed project proposal (DPP) through an identified Implementing Agency (IA) to the Nodal Agency (KVIC, Coir Board, etc.).

1. Identification of Cluster: Identify a traditional industry cluster meeting the criteria.
2. Formation of SPV: Form a Special Purpose Vehicle (SPV) or similar entity by the artisans/entrepreneurs.
3. Preparation of DPR: The Implementing Agency (IA) prepares a Detailed Project Report (DPR) or Detailed Project Proposal (DPP).
4. Submission: Submit the DPR/DPP to the respective Nodal Agency (e.g., KVIC, Coir Board, etc.).
5. Approval & Funding: Upon approval, funds are released in installments for project implementation.

For detailed guidelines and application forms, please refer to the official MSME website or contact the relevant Nodal Agencies.

For more information, visit msme.gov.in