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    Question

    Find the correct statement/s about SFURTI scheme which was lunched with the view to promote Cluster development.

    A The scheme was launched in 2015. Correct Answer Incorrect Answer
    B A Scheme Steering Committee (SSC) will be constituted under the chairmanship of Secretary (MSME). Correct Answer Incorrect Answer
    C The maximum financial assistance provided to any specific projects under SFUTRI Scheme is Rs 8 crore Correct Answer Incorrect Answer
    D Both b and c Correct Answer Incorrect Answer
    E Both a and b Correct Answer Incorrect Answer

    Solution

    The financial assistance provided for any specific project under Scheme of Fund for Regeneration of Traditional Industries (SFURTI) shall be subject to a maximum of Rs 8 (eight) crore to support Soft, Hard and Thematic interventions. It was launched by the Government of India under the aegis of Ministry of MSME in 2005 with the intention to promote cluster development.

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