Scheme of Fund for Regeneration of Traditional Industries
in Karnataka
Last updated:
Key dates and updates (Karnataka)
Nationwide and Karnataka-specific milestones. Verify on the official portal before you apply.
| Milestone | Date |
|---|---|
| Scheme launch |
Scheme of Fund for Regeneration of Traditional Industries in Karnataka
Scheme of Fund for Regeneration of Traditional Industries is a government scheme available to eligible residents of Karnataka.
Apply for Scheme of Fund for Regeneration of Traditional Industries in Karnataka
Scheme Overview
To make the traditional industries more productive and competitive and facilitating their sustainable development, the Govt. of India announced in 2005-06, setting up of a fund for the regeneration of traditional industries. Pursuant to this announcement, a Central Sector Scheme titled the “SFURTI".
Eligibility Criteria
Non-Government organizations (NGOs), institutions of the Central and State Governments and Semi-Government institutions, field functionaries of State and Central Govt., Panchayati Raj institutions (PRIs), Private sector by forming cluster-specific SPVs, Corporates and Corporate Responsibility (CSR) foundations with expertise to undertake cluster development.
> **Criteria for Selection of Clusters:**
The Selection of Clusters will be based on their geographical concentration which would be around 500 beneficiary families of artisans/micro-enterprises, suppliers of raw materials, traders, service providers, etc., located within one or two revenue subdivisions in a District (or in contiguous Districts.)
The potential for growth in production and generation of employment opportunities will also be considered in selecting clusters under SFURTI.
The geographical distribution of the clusters throughout the country, with at least 10% located in the North Eastern region will also be kept in view while selecting Clusters.
Benefits
* 90%:10% in the case of the North Eastern Region (NER), UT of J&K and hill states.
Required Documents
| # | Document |
|---|---|
| 1 | Certificate of Registration of the organization |
| 2 | Endorsement from Promoting Organisation (if applicable) |
| 3 | Establishment date & summary of registered organization |
| 4 | List of Governing Body/Board of Directors |
| 5 | Details of Areas of activity |
| 6 | List of organizations with which formal MoUs/linkages exist |
| 7 | Annual Audited statement & IT returns for the last 3 years |
| 8 | Details of Recognitions & Awards |
| 9 | Details of Team/Staff with cluster experience |
| 10 | Bank account details |
| 11 | Any other document, as required |
How to Apply in Karnataka
Instructions For Filling Concept Scorecard
Online Instructions For Filling Concept Scorecard
Common questions in Karnataka
Who can apply for Scheme of Fund for Regeneration of Traditional Industries in Karnataka?
Eligible residents of Karnataka who meet the scheme’s overall criteria can apply for Scheme of Fund for Regeneration of Traditional Industries. Refer to the eligibility section above for the complete checklist.
What documents are required for Scheme of Fund for Regeneration of Traditional Industries in Karnataka?
Applicants in Karnataka typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
What are the important dates for Scheme of Fund for Regeneration of Traditional Industries?
Key dates are summarized in the table on this page, from 1 April 2005 through 1 April 2005, based on values DeshSeva currently stores for this item.
Frequently Asked Questions
To make the traditional industries more productive and competitive and facilitating their sustainable development, the Govt. of India announced in 2005-06, setting up of a fund for regeneration of traditional industries. Pursuant to this announcement, a Central Sector Scheme titled the "Scheme of Fund for Regeneration of Traditional Industries (SFURTI)" was launched.