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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.