SME Times is powered by   
Search News
Just in:   • Global oil prices fall up to 3 pc as US signals easing of Iran crude sanctions  • Indian Railways attracts $942 million FDI in 11 years  • Rupee hits record low of 92.63 amid firm dollar, import pressures  • India powering robust energy ecosystem, shaping sustainable atmosphere: PM Modi  • In manufacturing, technical integrity and global compliance are non-negotiable: Hitesh Mahnot 
Last updated: 23 Feb, 2021  

Gadkari.9.thmb.jpg MSME minister inaugurates 50 SFURTI clusters in 18 states

Gadkari.9.jpg
   Top Stories
» Global oil prices fall up to 3 pc as US signals easing of Iran crude sanctions
» India powering robust energy ecosystem, shaping sustainable atmosphere: PM Modi
» Stakeholders call for holistic export cluster rejuvenation with focus on MSMEs
» Indian-flagged LPG tanker ‘Nanda Devi’ to arrive at Kandla Port today
» Centre ups outlay for fertiliser subsidy by Rs 19,000 crore to boost farm output
SME Times News Bureau | 23 Feb, 2021

Union Minister for MSME Nitin Gadkari this evening inaugurated 50 artisan-based SFURTI clusters, spread over 18 States.

In the 50 clusters inaugurated today, over 42,000 artisans have been supported in the traditional segments of muslin, khadi, coir, handicraft, handlooms, wood craft, leather, pottery, carpet weaving, bamboo, agro processing, tea, etc. 

The Ministry of MSME, Govt. of India has funded an amount of around Rs.85 crore for development of these 50 clusters.

The Ministry of MSME is implementing a Scheme of Fund for Regeneration of Traditional Industries (SFURTI) with a view to organize traditional industries and artisans into clusters to make them competitive and increase their income.

Inaugurating the clusters, Shri Gadkari said more research needs to be done on what kind of village products are required by the consumers, and how to attractively design and market these products.

He suggested that the National Institute of Design, Ahmedabad may be approached to improve the design and attractiveness of traditional products. A web portal is also required, on the lines of Amazon or Alibaba, to market these products effectively, both in India and abroad, he added.

The Minister also pointed out the need to step up the pace of formation of such clusters, since only 82 of the 371 announced so far are actually functional, and said a target of 5,000 clusters is easily achievable if red-tape can be reduced.

The clusters were inaugurated in presence of Minister of State, MSME, Pratap Chandra Sarangi, Secretary MSME, Shri B.B. Swain, Members of Parliament, local MLAs, and senior officers of the Ministry of MSME.

Minister of State, MSME, Sh. Sarangi said formation of the clusters builds the confidence of traditional craftsmen, and it is part of the government’s strategy of keeping villages at the core of the economic policy.

These clusters have been inaugurated in the States of Andhra Pradesh, Arunachal Pradesh, Assam, Chhattisgarh, Gujarat, Haryana, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Manipur, Nagaland, Odisha, Rajasthan, Tamil Nadu, Uttar Pradesh and West Bengal

As on date, there are 371 numbers of Clusters which have are being funded by the Ministry, supporting 2.18 lakh artisans with a total Government assistance of Rs. 888 cr. 

More than Rs.708 crore has been the budgetary allocation under the scheme, of which more than Rs.567 crore has been released for the implementation of the scheme so far. These clusters are spread all over the country covering 248 districts. The Ministry aims to support at least 1 cluster in each district in the coming period.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹91.35
89.65
UK Pound
₹125.3
₹121.3
Euro
₹108.5
₹104.85
Japanese Yen ₹58.65 ₹56.8
As on 19 Feb, 2026
  Daily Poll
What is the biggest war impact on MSMEs?
 Export Disruption
 Raw Material Spike
 Freight Cost Surge
 Payment Delays
 Currency Volatility
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter