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Efforts on to make 5,000 MSME clusters under SFURTI scheme: Nitin Gadkari

The government is making efforts to create at least five thousand MSME clusters under the Sfurti scheme, which will give steam to its Atmanirbhar Bharat initiative, Union minister for MSMEs Nitin Gadkari said on Monday.

The government is making efforts to create at least five thousand MSME clusters under the Sfurti scheme, which will give steam to its Atmanirbhar Bharat initiative, Union minister for MSMEs Nitin Gadkari said on Monday.

Gadkari inaugurated 50 MSME clusters here under the scheme which essentially helps hand hold MSMEs part of the cluster.

SFURTI (Scheme of Fund for Regeneration of Traditional Industries) offers incentives such as skill development, capacity building, creation of facilities such as common facility centres, rehousing facilities and marketing and e-commerce assistance to local industries.

He said that of 371 clusters, only 80 are operational, and the ministry was working to fast track the approval process for such clusters.