SFURTI is a cluster-based scheme named Scheme of Fund for Regeneration of Traditional Industries. It is being implemented through Khadi and Village Industries Commission (KVIC) and the Coir Board. Registered Societies and Co-operative Societies are eligible to work as implementing agencies in the scheme.
Under SFURTI, Khadi, Village industries and Coir Clusters have been taken up for development by providing them with improved equipments, common facilities centres, business development services, training, capacity building and design and marketing support, etc. 101 clusters (29 Khadi, 47 Village Industries and 25 Coir clusters) have been developed under this scheme. SFURTI Scheme has been revamped in XII plan and 71 clusters with an outlay of Rs. 149.44 crore are proposed to be developed in the Ist phase.
In addition to SFURTI, Government in the Ministry of MSME has also been implementing a credit-linked subsidy programme named Prime Minister’s Employment Generation Programme (PMEGP) since 2008-09 with KVIC as nodal agency at the national level for generating employment in the Country by setting up of micro-enterprises in the non-farm sector. Registered Institutions and Co-operative Societies are eligible to setup micro-enterprises under PMEGP.