Scheme of Fund for Regeneration of Traditional Industries (SFURTI)
Under Ministry of MSME, GOI
FMC as Nodal Agency
FMC as Nodal Agency extends all support required to TA for implementation of the scheme as may be required such as obtaining Government Approvals, Environment Clearances etc. for setting up of Clusters. The Nodal agency is also involved in Preparation of strategy and implementation plan for sub-sector thematic interventions; Appraisal of DPRs received from TAs establishing the project viability, output, outcomes, impact and sustainability; Apart from this Nodal Agency also does Program fund management and ensures timely disbursement of funds to the IAs to ensure time-bound completion of projects.
To organize the traditional industries and artisans, provide them with sustained employment, enhance the marketability of their products and strengthen the cluster governance systems with the active participation of the stakeholders.