Home / Knowledge / News / Textiles / Indian govt approves revamped SFURTI
Indian govt approves revamped SFURTI
04
Aug '14
The Government of India has approved the revamped Scheme of Fund for Regeneration of Traditional Industries (SFURTI) with modified norms for continuation upto 2017.
 
The SFURTI scheme was launched in 2005-06 for making traditional industries (including khadi, handloom coir and other industries) more productive and competitive by organizing these industries and artisans into clusters.
 
The Government of India has approved the revamped Scheme of Fund for Regeneration of Traditional Industries (SFURTI) with modified norms for continuation upto 2017.
 
The SFURTI scheme was launched in 2005-06 for making traditional industries (including khadi, handloom coir and other industries) more productive and competitive by organizing these industries and artisans into clusters.
 
Under the 12th Five Year Plan (2012-17), it is proposed to take up 800 clusters with funding from the Government of India and Asian Development Bank.
 
Under the revamped SFURTI, there shall be three types of clusters involving artisans from 500 to 2500.  The three types of clusters would be named Heritage clusters, Major clusters, and Mini clusters. 
 
Initially, in the first phase, 71 clusters will be developed across the country involving an outlay of Rs. 1.494 billion. Of these, 2 will be Heritage clusters involving 1,000-2,500 artisans, 10 Major clusters each having 500-1,000 artisans, and 59 Mini clusters having less than 500 artisans.
 
The time frame for the implementation of the project for each cluster will be three years and the funding pattern under the scheme has provision for soft interventions, including skill training, capacity building, design development, etc., hard interventions, including Common Facility Centres, Raw Material Banks(RMB), training centres, etc., and cross cutting thematic interventions, which include brand building & promotion, news media marketing, e-commerce, innovation, R&D initiatives and developing linkages between clusters.
 
In addition to Khadi and Village Industries Commission and Coir Board as nodal agencies for their respective clusters, the revamped SFURTI also provides for engagement of reputed national/ regional level institutions with sectoral expertise in the major sub-sectors of the traditional industries, as Nodal Agency.  
 
The scheme also provides for engaging the services of reputed national/ regional level institutions with proven expertise in artisanal and small enterprise cluster developments as Technical Agencies to provide handholding and implementation support to the SFURTI clusters.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search