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

08 Sep

Rajasthan’s coaching centre Bill

'The Rajasthan Coaching Centres (Control and Regulation) Bill, 2025, is a significant piece of legislation passed by the Rajasthan Assembly to regulate and oversee the state's burg

Read More

28 Aug

IADT-1

'Recently, the Indian Space Research Organisation (ISRO) successfully carried out its first Integrated Air Drop Test (IADT-1), a crucial milestone in the preparation for the countr

Read More

28 Aug

H-1B visa changes

'H-1B visa changes 2025: United States Commerce Secretary Howard Lutnick called the popular H-1B visa program a “scam”, saying that American businesses should be focuse

Read More

India’s First Ai-Driven Magazine Generator

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