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Schemes

Revamped Scheme of Fund for Regeneration Of Traditional Industries (SFURTI)
Ministry/Department Ministry of MSME
Scheme Name Revamped Scheme of Fund for Regeneration Of Traditional Industries (SFURTI)
Component Technology
Sub Component Finance Grant
Applicant NGOs, Institutions of the Central, State and, SemiGovernment Field functionaries of State and Central Govt., Panchayati Raj Institutions (PRIs) Similar agencies as above, with suitable expertise to undertake cluster development.
Quantum of Assistance (in Brief)

The financial assistance provided for any specific project shall be subject to a maximum of Rs.5 (Five) crore.

Regular Clusters (upto 500 artisans)* -Per Cluster Budget Limit -Rs.2.50 crore

Major Clusters (more than 500 artisans) -Per Cluster Budget Limit -Rs.5 crore

95%:5% in case of North Eastern Region (NER), J&K and hilly states. (IA/SPV may deposit their share in a phased manner with minimum 25% in a single installment as per the satisfaction of NA.)

Link for Detail https://msme.gov.in/sites/default/files/Revised%20SFURTI%20Guidelines-2020%20%286.3.20%29.pdf