How to Apply for Sfurti Scheme?

How to Apply for Sfurti Scheme? The Scheme of Fund for Regeneration of Traditional Industries (SFURTI) is a Government of India flagship program aimed at rejuvenating and strengthening traditional artisans and rural industries. By structuring these artisans into well-organized clusters, SFURTI seeks to improve their productivity levels, product quality, and market outreach, and thus increase rural employment and maintain India’s rich heritage of handicrafts and village industries.

Whether you are an artisan, entrepreneur, or organization operating in industries such as khadi, coir, bamboo, or handloom, realizing How to Apply for Sfurti Scheme can unlock meaningful financial and technical assistance to grow your operations and gain sustainable growth. This article presents a detailed step-by-step guide on the application process on How to Apply for Sfurti Scheme, eligibility criteria, documents required, expenses, and timelines to enable you to successfully apply for the SFURTI scheme.

Eligibility Criteria

Eligible Entities:

Corporates and CSR organizations
State and Central Government institutions and field officials
NGOs
Panchayati Raj Institutions (PRIs)
Private sector organizations establishing cluster-specific Special Purpose Vehicles (SPVs)
Semi-government organizations

Eligible Industries:

Khadi industries (handwoven cotton, silk, woolen yarn products)
Village industries (rural, non-power-based, capital investment ceilings apply)
Coir industries (agro-based, coconut fiber products)

Cluster Size:

Clusters generally have about 500 beneficiary families/artisans in one or two revenue subdivisions or adjoining districts.

Key Documents Required

Proof of identity and address of the applicant or organization
Business registration documents (partnership deed, company registration certificate, tax registration certificates, etc.)
Bank account details (bank name, branch, account number) for fund disbursement

Detailed project proposal including:

Description of traditional industry or handicraft
Infrastructure needs
Market analysis and economic viability
Implementation plan and expected outcomes.

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Application Process on How to Apply for Sfurti Scheme

Research and Preparation:

Understand the scheme’s objectives, guidelines, and benefits. Prepare a comprehensive project proposal aligned with SFURTI goals.

Registration:

Official SFURTI portal should be visited and registered/member signed up using correct details.

Application Form:

Submission:

Submit the application form by the deadline.

Evaluation:

Nodal Agencies (such as Khadi and Village Industries Commission for Khadi clusters, Coir Board for Coir clusters) will analyze proposals on the basis of feasibility, scheme objective alignment, and impact potential.

Approval:

Sanctioned proposals are sanctioned with orders of sanction and fund support.

Disbursement of Funds:

Funds are disbursed instalments to the bank account of the Implementing Agency in accordance with the sanctioned plan and milestones.

Implementation and Monitoring:

The project is executed under constant monitoring by the authorities to maintain timelines and targets.

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Cost and Financial Assistance

Financial support up to ₹2.5 crore for clusters with a maximum of 500 artisans.
Financial support up to ₹5 crore for clusters with over 500 artisans.

Support comprises:

Hard interventions: infrastructure such as common facility centres, raw material banks, testing laboratories, etc.
Soft interventions up to ₹25 lakh: skill development, exposure trips, marketing, design and product development assistance.

Average Time Period

The government generally provides 3 years for the implementation of every cluster project under SFURTI.

Benefits of the Scheme

Organizes artisans into competitive clusters
Increases marketability and product value
Creates sustainable rural jobs
Offers infrastructure and capacity building assistance
Eases access to local and foreign markets.

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How to Apply for Sfurti Scheme? It presents a revolutionary chance for conventional artisans and rural industries to go modern, grow, and reach broader markets while retaining their distinctive heritage. By thoroughly preparing a strong project proposal, meeting eligibility requirements, and adhering to the elaborate application process, stakeholders can harness considerable financial and technical assistance. This not only increases the economic viability of the traditional clusters but also enables communities through sustainable employment and skill enhancement. Emphasizing the SFURTI scheme’s potential impact can motivate more artisans and organizations to join, fostering inclusive growth in the traditional sector.