Scheme of Fund for Regeneration of Traditional Industries

Eligible implementing agencies include non-government organisations (NGOs), Central…

Eligible implementing agencies include non-government organisations (NGOs), Central and State Government or semi-government institutions, State/Central government field functionaries, Panchayati Raj institutions (PRIs), private-sector players forming cluster-specific Special Purpose Vehicles (SPVs), and corporates or CSR foundations that bring relevant cluster-development expertise. Criteria for Selection of Clusters:

Clusters are chosen based on geographic concentration --…

Clusters are chosen based on geographic concentration -- broadly around 500 beneficiary families comprising artisans, micro-enterprises, raw-material suppliers, traders and service providers, spread across one or two revenue subdivisions of a district or adjoining districts.

Growth potential in production and job creation is…

Growth potential in production and job creation is also weighed while shortlisting clusters under SFURTI.

Selection also considers even geographical spread nationwide, ensuring…

Selection also considers even geographical spread nationwide, ensuring at least 10% of clusters fall within the North Eastern region.

Overall project cost is funded 100% except for…

Overall project cost is funded 100% except for Hard Interventions.

Hard Interventions are funded at 90% for the…

Hard Interventions are funded at 90% for the North Eastern Region, the UT of Jammu & Kashmir, and Hill States, and at 75% for all other locations. Component-wise funding break-up (all subject to an overall cap of ₹8 crore per project, covering components A, B and C together):
A. Cluster Interventions
A1 -- Soft Interventions (skill training, capacity building, design development, etc.): funded 100%, capped at the lower of 33% of the total Cluster Intervention cost (hard plus soft) or ₹25.00 lakh; the Implementing Agency bears no share.
A2 -- Hard Interventions (Common Facility Centres, Raw Material Banks, training centres, etc.): funded at 75%* of cost, with the Implementing Agency contributing the remaining 25% of project cost.
B. Cost of Technical Agency: funded 100%, capped at 8% of the combined A1+A2 cost; no Implementing Agency share.
C. Cost of the Implementing Agency/SPV, including the Cluster Development Executive (CDE): funded 100%, capped at ₹20.00 lakh per project; no Implementing Agency share. *In the North Eastern Region, UT of J&K, and hill states, this hard-intervention funding ratio changes to 90% Centre : 10% Implementing Agency. The Implementing Agency/SPV cost component may also cover the CDE's remuneration and other incidental expenses for the entire three-year project period.

The organization's certificate of registration

The organization's certificate of registration.

A letter of endorsement from the promoting organisation,…

A letter of endorsement from the promoting organisation, if one is involved.

A brief profile of the registered body, noting…

A brief profile of the registered body, noting when it was established.

A list of members of its Governing Body…

A list of members of its Governing Body or Board of Directors.

A description of its areas of activity

A description of its areas of activity.

A list of organisations it has formal MoUs…

A list of organisations it has formal MoUs or linkages with.

Audited annual statements and income-tax returns covering the…

Audited annual statements and income-tax returns covering the preceding three years.

Particulars of any recognitions or awards received

Particulars of any recognitions or awards received.

Information on staff/team members experienced in cluster development

Information on staff/team members experienced in cluster development.

The organisation's bank account details

The organisation's bank account details.

Any other document the Ministry may require

Any other document the Ministry may require.