Q. Consider the following statements regarding “SFURTI (Scheme of Fund for Regeneration of Traditional Industries)”:
1.It is a Central Sector Scheme.
2.It was launched in 2005 to promote Cluster development of traditional industries.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

Explanation: SFURTI (Scheme of Fund for Regeneration of Traditional Industries) It is a Central Sector Scheme was launched in 2005 to promote Cluster development of traditional industries (Khadi, Coir & Village industries).

  • Khadi and Village Industries Commission (KVIC) is the nodal Agency for promotion of Cluster development for Khadi.
  • Coir board is the nodal agency for promotion of Cluster development for coir.

Source: FORUMIAS