Sign In
Learn bits
Schemes & Policies
Komal gupta

19/12/21 09:45 AM IST

Source: PIB

Sfurti Scheme

In News

The Ministry of Micro, Small and Medium Enterprises (MSME) assessed the functional SFURTI clusters in terms of their profitability and marketability.

About the Scheme

  • The Scheme for Registration of Traditional Industries is a cluster of 50 artisans that was initiated by MSM and is distributed across 18 districts.
  • It was launched to promote cluster development.
  • It operates under the Khadi and Village Industries Commission which is the nodal agency for the cluster development of khadi and other village products.

Cluster Development

  • In order to increase the productivity and competitiveness of the micro, small and medium enterprises the MSME had introduced a new method of capacity building known as cluster development.
  • These clusters are a group of enterprises located in a particular area or a value chain span over different geographical areas and produce similar products and services which can be linked by a common infrastructural facility.

More Related Current Affairs View All

05 May

Key objectives of caste count

'The Union Cabinet has decided that the next Census will include questions on caste to its enumeration of India’s population, for the first time in almost a century. ' T

Read More

05 May

2 new genome-edited rice varieties

'Agriculture Minister Shivraj Singh Chouhan recently released two genome-edited varieties of rice, the first achievement of its kind in the country.' These two varieties, which

Read More

05 Mar

First-ever comprehensive survey of India’s river dolphins

'Prime Minister Narendra Modi released the results of the first-ever comprehensive population estimation of riverine dolphins – Gangetic and Indus dolphins – done in In

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps