Launch Year 2021 Special Focus:

North Eastern and

Andaman and
Centrally Nicobar Islands
Type
Sponsored

Scheme of Fund
National for
Food Upgradation
Security Mission- and
Subsume
Regeneration of Oil
Traditional
Palm programmeIndustries’

(SFURTI)
 SFURTI

Scheme of Fund for

Upgradation and Regeneration
of Traditional Industries’
(SFURTI)
SFURTI
 SFURTI

• To organize the traditional industries and artisans

into clusters to make them competitive and
Aim
• provide support for their long-term sustainability and
economy of scale

• Steering Commitee

• Nodal Agency
Institutional
Arrangement
• Technical Agency

• Implementing Agency
 SFURTI

Type • Centre Sector Scheme

Nature of
• Rs 8 crore for a single project
Assistance

• Selection of clusters will be based on their

geographical concentration which should be around
Criteria for
500 beneficiary families.
Selection of
Clusters
• Atleast 10% from North East.
 SFURTI
OBJECTIVES

To provide sustained employment for traditional industry artisans and rural

Loan entrepreneurs
target of 16
lac crore has been
set for the current
year and around 14
To enhance the marketability of products of such clusters
lac
crore has already
been given to the
farmers through
To make provision for common facilities and improved tools and equipment for artisans
KCC.

To strengthen the cluster governance systems with the active participation of the
stakeholders
 SFURTI
OBJECTIVES

To build up innovated and traditional skills, improved technologies, advanced processes,

Loan target of 16
market intelligence and new models of public-private partnerships
lac crore has been
set for the current
To look for setting up of multi-product cluster with an integrated value year and and
chain around 14
a strong
lac
market-driven approach for viability and long term sustainability of the cluster
crore has already
been given to the
To tap the E-Commerce as a major marketing channel farmers through
KCC.
 SFURTI
Key Features

It covers three types of interventions: Loan target of 16

lac crore has been
set for the current
year and around 14
➢ Soft Interventions
lac
crore has already
been given to the
➢ Hard Interventions
farmers through
KCC.
➢ Thematic Interventions
 SFURTI
Financial Assistance

SFURTI clusters are of two types: Loan target of 16

lac crore has been
set for the current
year and around 14
➢ Regular Cluster (500 artisans): Government assistance of up to Rs 2.5 crore
lac
crore has already
been given to the
➢ Major Cluster (more than 500 artisans): Government assistance up to Rs 5 crore
farmers through
KCC.
 SFURTI
HOMEWORK

SFURTI is Scheme of Fund for Regeneration of Traditional Industries. Ministry

Loan target of Micro
of 16
Small and Medium Enterprises (MSME), Govt. of India has launched this scheme
lac crore has beenin the
year 2005 with the view to promote Cluster development. set for the current
Q.) Which of the following schemes were merged under SFURTI? year and around 14
1. The Scheme for Enhancing Productivity and Competitiveness of Khadi Industry
lac and Artisans
2. The Scheme for Product Development, Design Intervention and Packagingcrore has already
3. The Scheme for Rural Industries Service Centre been given to the
4. Readymade Goods Units farmers through
KCC.
[A] 1, 2 and 3
[B] 2, 3 and 4
[C] 1, 2 and 4
[D] 1 and 3
[E] 2 and 4
SFURTI
HOMEWORK
 ESIC Deputy Director

Principles of Human Resource Management

Important MCQ
Q. Consider the following statement regarding the above
discussed scheme and select the correct ones?
a. Mission plans to increase oil palm cultivation to 1 million
hectares by 2025-26 and 1.7-1.8 million hectares by 2029-30.
b. Under the scheme, oil palm farmers will be provided financial
assistance and will get remuneration under a price and viability
formula.
c. It is a Central Sector Scheme with a special focus on the North
east region and the Andaman and Nicobar Islands
[1] a and b only
[2] b and c only
[3] a and c only
[4] a, b and c
[5] None of the above
Answer : [1] a and b only