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The Government has prepared a draft scheme titled “Scheme of Fund for Regeneration of Traditional Industries” (SFURTI) covering traditional industries like coir, handloom , handicrafts, sericulture, leather, pottery etc. in keeping with the declaration in the National Common Minimum Programme and announcement in the July 2004 Budget Speech of the Finance Minister. The draft scheme with projected commencement in 2005-06 is based on a ‘cluster approach’ and has been circulated to the Central Ministries/Departments concerned for their comments prior to final approval. A provision of Rs.30 crore has been proposed in the Budget Estimates of 2005-06 for this Scheme.
This information was given by the Minister of Small Scale Industries and Agro & Rural Industries , Shri Mahabir Prasad in a written reply to a question in Rajya Sabha today.
MG: PM
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