abhishreshthaa
Abhijeet S
With a view to making the traditional industries more productive and competitive and facilitating their sustainable development, the Central Government announced the setting up of a fund for regeneration of traditional industries, with an initial allocation of Rs. 100 crore.
Pursuant to this announcement, a Central Sector Scheme titled the “Scheme of Fund for Regeneration of Traditional Industries (SFURTI)” has been drawn up and approved at a total cost of Rs. 97.25 crore. The Scheme was implemented by the Union Ministry of Agro and Rural Industries (ARI), and its organizations and institutions, in collaboration with State Governments, their organizations concerned, non- Governmental organizations, etc. on the 3rd of October 2005.
Traditional Industry- “An activity, which produces marketable products, using locally available raw material and skills and indigenous technology”
Traditional Industry Clusters- Geographical concentration of around 500 beneficiary families of artisans/micro enterprises, suppliers of raw materials, traders, service providers, etc., located within one or two revenue sub-divisions in one or more contiguous District(s).
Pursuant to this announcement, a Central Sector Scheme titled the “Scheme of Fund for Regeneration of Traditional Industries (SFURTI)” has been drawn up and approved at a total cost of Rs. 97.25 crore. The Scheme was implemented by the Union Ministry of Agro and Rural Industries (ARI), and its organizations and institutions, in collaboration with State Governments, their organizations concerned, non- Governmental organizations, etc. on the 3rd of October 2005.
Traditional Industry- “An activity, which produces marketable products, using locally available raw material and skills and indigenous technology”
Traditional Industry Clusters- Geographical concentration of around 500 beneficiary families of artisans/micro enterprises, suppliers of raw materials, traders, service providers, etc., located within one or two revenue sub-divisions in one or more contiguous District(s).