Question: Tell me about the Scheme of Fund for Regeneration of Traditional Industries scheme.

Answer: of Recognitions & Awards9. Details of Team/Staff with cluster experience10. Bank account details11. Any other document, as
requiredFrequently Asked QuestionsWhat is SFURTI?To make the traditional industries more productive and competitive and
facilitating their sustainable development, the Govt. of India announced in 2005-06, setting up of a fund for regeneration of traditional
industries. Pursuant to this announcement, a Central Sector Scheme titled the â€œScheme of Fund for Regeneration of Traditional
Industries (SFURTI)â€​ was launched. Which ministry is implementing this scheme?The Ministry of Micro, Small & Medium Enterprises
is implementing the scheme with a view to organizing traditional industries and artisans into clusters to make them competitive and
increase their income.What are the objectives of SFURTI?To develop clusters of traditional industries in the country over a period of
five years. To make traditional industries more competitive, market-driven, productive, and profitable. To strengthen the cluster
governance systems with the active participation of the stakeholders. 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.Who can apply for SFURTI? Following is the list of organisations/institutions
that can apply for SFRUTI: Non-Government Organizations (NGOs) Institutions of the Central and State Governments Semi-
Government institutions Field functionaries of State and Central Government Panchayati Raj Institutions (PRIs)What is the duration of
Project?The time frame for implementation of Project will be 3 years.How many types of Interventions are covered under Scheme?The
Scheme covers three types of interventions: Soft Interventions, Hard Intervention & Thematic InterventionsWhat the activities covered
under Soft Intervention?Soft Interventions under the project would consist of activities such as i. General Awareness, counseling,
motivation and Trust building ii. Skill development and Capacity Building iii. Institutional development iv. Exposure visits v. Market
Promotion initiatives vi. Design and Product Development vii. Participation in seminars, workshops and training programmes on
technology up-gradations, etc. What the facilities covered under Hard Intervention?Hard interventions will include creation of following
facilities: i. Creation of Common Facility Centres (CFCs) ii. Raw Material Banks (RMBs) iii. Up-gradation of Production Infrastructure
iv. Tools and Technological up-gradation such as Charkha upgradation, tool-kits distribution, etc v. Warehousing Facility vi. Training
Centre vii. Value addition and processing centre Note: The assistance for raw material bank (RMB) shall be leveraged with financial
institution for enhanced credit.Whether the cost of land is included in the project cost?No. Land should be owned by Implementing
Agency.Who can play the role of Implementing Agencies (I.A.)?Implementing Agencies (IAs) would be non-Governmental
Organisations (NGOs), Institutions of the Central and State Governments and Semi-Government Institutions, field functionaries of State
& Central Government Panchayati Raj Institutions (PRIs), etc suitable expertise to undertake cluster development. One IA may normally
be assigned only one cluster (unless it is an agency with State-wide coverage). The selection of IAs, based on their regional reputation
and experience of working at the grass-roots level, will be done by the Nodal Agencies (NAs), on the basis of transparent criteria. Private
sector participation shall also be encouraged for the implementation of the cluster projects. Corporate entities can also take up projects
directly by forming cluster-specific SPVs. Corporates and Corporate Social Responsibility (CSR) foundations with expertise in cluster
development will be encouraged to participate as IAs.Can implementing agencies take up more than one traditional industry?No. One
Implementing Agency may normally be assigned only one cluster (unless it is an agency with State-wide coverage).Who can play the
role of Technical Agencies (T.A.)?Established national/ regional level institutions, with proven expertise in artisanal and small enterprise
cluster development shall be empanelled as Technical Agencies by Nodal Agency (N.A.) only can play the role of Technical Agency
(T.A).What is the definition of â€œTraditional Industryâ€​?Broadly, â€žtraditional industryâ€Ÿ means an activity which produces
marketable products, using locally available raw materials and skills and indigenous technology. Traditional Industry Cluster, in the
Context of this document, refers to a geographical concentration of a sizable number of artisans or micro-enterprises, suppliers of raw
materials, traders, service providers, etc. producing, processing, and servicing the same or similar types of products and facing common
opportunities and threatsWhat is Coir?Coir is generally referred to as â€œGolden Fibreâ€​, which is a bye-product of coconut, extracted
from the coconut husk.What is the definition of â€œTraditional Industryâ€​?Broadly, â€œtraditional industryâ€Ÿ means an activity
which produces marketable products, using locally available raw material and skills and indigenous technology. Traditional Industry
Cluster, in the context of this document, refers to a geographical concentration of a sizable number of artisans or micro enterprises,
suppliers of raw materials, traders, service providers, etc. producing, processing and servicing the same or similar types of products and
facing common opportunities and threats.What is a cluster?Clusters are defined as â€œgeographical concentrations of inter-connected
enterprises and associated institutions that face common challenges and opportunitiesâ€​. This definition highlights two essential features
of clusters: they consist of a critical mass of enterprises located in geographical proximity to each other and enterprises within them share
many common features.What is the CFC?Common Facility Centre (CFC) is one of the Components in Hard Intervention where which
artisans/end users can utilize the machineries installed thereon and manufacture coir based value added products. CFC can also be used
as a warehouse for storing and maintaining finished products.How to apply for SFRUTI? The above eligible agency/organization has to
submit the proposal online through the SFURTI Portal (https://sfurti.msme.gov.in/SFURTI/SignUp.aspx) and the same is to be
scrutinized at the State Level and Zonal Level before submitting it to the Scheme Steering Committee for approval.Sources And
ReferencesOfficial WebsiteGuidelinesSFURTI PortalCoir BoardFAQsOkWas this helpful?News and UpdatesNo new news and updates
availableShareYou need to before applying for schemesCancelSomething
went wrong. Please try again later.OkIt seems you have already initiated your application earlier.To know more please visit CancelApply
NowMinistry Of Micro, Small and Medium EnterprisesScheme of Fund for Regeneration of Traditional
IndustriesCoirHard InterventionMSMESFURTISoft InterventionThematic InterventionTraditional
IndustriesDetailsBenefitsEligibilityApplication ProcessDocuments RequiredFrequently Asked Questionsâ€œScheme of Fund for
Regeneration of Traditional Industries (SFURTI)â€​ is a programme of the Ministry of Micro Small and Medium Enterprises,
Government of India and was launched in the year 2005 with the view to make the traditional industries more competitive, market-
driven, productive, profitable and capable of providing sustainable employment for traditional industry artisans and rural entrepreneurs.
The Coir Board is the Nodal Agency for the implementation of the scheme. The scheme is being implemented by the Board through the
Implementing Agencies engaged by the Board for each cluster. This scheme focuses on physical infrastructure creation, technology
upgradation, training, product development, innovation, deterventions, marketability, improved packaging and marketing
infrastructure with the aim of improving artisanal income.Objectives of the Scheme:To organize the traditional industries and artisans
into collectives to make them competitive and provide support for their long-term sustainability and economy of scale.To provide
sustained employment for traditional industry artisans and producers.To enhance the marketability of products of such clusters and
collectives by providing support for new products, detervention and improved packaging and also the improvement of marketing
infrastructure.To equip traditional artisans and producers of the associated clusters with improved skills and capabilities through training
and exposure visits.To promote collective business enterprises of traditional artisans and producers.To make provision for common
facilities and improved tools and equipment for artisans and producers to promote optimum utilization of infrastructure facilities.To
provide for the setting up of a multi-product cluster with an integrated value chain and a strong market-driven approach for viability and
long-term sustainability of the cluster.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, respond to them in a coherent manner and ensure equitable
distribution of surplus generated by the collective among all the artisans and producers.To promote traditional skills, improved
technologies, advanced processes, market intelligence and new models of public-private partnerships, to gradually replicate similar
models of collective/cluster-based traditional industries.To focus on penetrating uncovered districts, aspirational districts, etc. for setting
up collectives covering traditional industries with a special focus on endangered arts and crafts.To support traditional artisans with a
special focus on disadvantaged communities like SCs, STs, women, etc.To ensure convergence from the design stage with each activity
of the cluster formation and operations thereof.To identify and understand the collective/cluster's target customers, understand their
needs and aspirations and develop the present product lines to meet the requirements. Substantial focus should be on the buyer segment
that places a premium on natural, eco-friendly, ethically sourced and the uniqueness of the Khadi and Village and Industries products.To
develop specific product lines out of the currently offered diversified basket of heterogeneous products based on the understanding of the
target consumer segment. A brand unification exercise also needs to be done to maximize the value.To make a paradigm shift from a
supply-driven selling model to a market-driven model with the right branding, focus product mix and correct positioning and right
pricing to make the offering holistic and optimal for each of the focus categories.To tap E-Commerce as a major marketing channel and
devise a quick strategy to make its presence felt in the E-Retail space.To make substantial investments in the area of product design and
quality improvement, Research and Development and emerging technologies based on the market trends with an eye to standardizing the
quality of inputs and processes so that the products meet the quality benchmarks.To extensively promote the latest technological
advancements in order to take local to global in line with the call for 'Atma Nirbhar Bharat'.To establish collectives with a special focus
on the adoption of Industry 4.0, blockchain for traceability, digitization of turnover and artisan income, digitization of training modules,
effluent treatment, fire safety, green energy, knowledge repositories, etc.To encourage and promote Green and sustainable products and
processes. Project Interventions: The Scheme covers three types of interventions namely Soft Interventions, Hard Interventions and
Thematic interventions.Soft Interventions: General awareness, counselling, motivation and trust building, Skill development and capacity
building, Institution development, Exposure visits, Market promotion initiatives, Design and product development, Participation in
seminars, workshops and training programmes on technology up-gradation etc.Hard Interventions: Creation of facilities such as Multiple
facilities for multiple products and packaging wherever needed, Common Facility centres (CFCs), Raw Material Banks (RMBs), Up-
gradation of production infrastructure, Tools and technology up-gradation, Warehousing facility, Training Centre, Value addition and
processing Centre.Thematic Interventions: Cross-cutting thematic interventions at the sector level including several clusters in the same
sector with emphasis on both domestic and international markets. These will primarily include Brand-building and promotion campaigns,
new media marketing, e-commerce initiatives and innovation.Institutional Arrangement:Scheme Steering Committee (SSC)Nodal
Agencies (NAs)Technical Agency (TA)Implementing Agency (IA)Implementation Methodology:Web-Based Project Management
System (PMS)Identification of a tentative list of clustersEngagement and appointment of Technical Agencies (TAs)Approval from the
Scheme Steering Committee (SSC)Pre-requisites for Release of FundsRelease of Funds to Nodal Agencies (NAs)Release of Funds to
Implementing Agency (IA)OkWas this helpful?ShareNews and UpdatesNo new news and updates availableÂ©2024Powered byDigital
India Corporation(DIC)Ministry of Electronics & IT (MeitY)Government of IndiaÂ®Quick LinksAbout UsContact UsScreen
ReaderAccessibility StatementFrequently Asked QuestionsDisclaimerTerms & ConditionsUseful LinksGet in touch4th Floor, NeGD,
Electronics Niketan, 6 CGO Complex, Lodhi Road, New Delhi - 110003, Indiasupport-myscheme[at]digitalindia[dot]gov[dot]in(011)
24303714Last Updated On : 28/03/2024 | v-2.1.1