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