SFURTI (Scheme of Fund for Regeneration of Traditional Industries) – UPSC Notes

SFURTI is a scheme launched by the Ministry of MSME in 2005 to promote and develop traditional industries and artisans clusters in India.
SFURTI (Scheme of Fund for Regeneration of Traditional Industries) – UPSC Notes Introduction SFURTI (Scheme of Fund for Regeneration of Traditional Industries) is a scheme launched by the Ministry of Micro, Small, and Medium Enterprises (MSME) in 2005 to promote and develop traditional industries and artisan clusters in India. The scheme aims to enhance the competitiveness, productivity, and marketability of traditional industries by providing financial assistance, skill development, and infrastructure support. Objectives of SFURTI Revival of Traditional Industries – Support and promote traditional industries such as handicrafts, khadi, village industries, and coir-based products . Cluster Development – Organize artisans and traditional industry workers into clusters to improve productivity and sustainability. Technology Upgradation – Encourage the adoption of modern technology while preserving traditional skills. Market Linkages – Improve access to domestic and international markets for trad…