Question

    How much Government assistance is given under SFURTI in

    Regular Cluster (500 artisans)?
    A Rs.2.5 crore Correct Answer Incorrect Answer
    B Rs.3 crore Correct Answer Incorrect Answer
    C Rs.2.8 crore Correct Answer Incorrect Answer
    D Rs.4 crore Correct Answer Incorrect Answer
    E Rs.4.9 crore Correct Answer Incorrect Answer

    Solution

    SFURTI clusters are of two types i.e., Regular Cluster (500 artisans) with Government assistance of up to Rs.2.5 crore and Major Cluster (more than 500 artisans) with Government assistance up to Rs.5 crore. The artisans are organized into SPVs which can be (i) a Society registered under Societies (Registration) Act, 1860, (ii) a Co-operative Society under an appropriate statute, (iii) a Producer Company under Section 465 (1) of Companies Act, 2013 (18 of 2013), (iv) a Section 8 Company under the Companies Act, 2013 (18 of 2013) or (v) a Trust.

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