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ANNUAL REPORT - Dc Msme

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Annual Report<br />

2010-11<br />

Chapter -X PMEGP & SFURTI<br />

been selected for their development<br />

under SFURTI. The other activities for<br />

development of clusters like consent<br />

of State Government; training to<br />

NAs, IAs, CDEs, etc., preparation of<br />

diagnostic study report and annual<br />

action plan, etc. in most of the cases,<br />

have been completed.<br />

10.8.9 The release of funds under this<br />

scheme is cluster specific. The funds<br />

are released directly to the Nodal<br />

208<br />

Agencies, who are also responsible<br />

for holding and disbursing the funds,<br />

on receipt of utilization certificate<br />

and depending upon actual physical<br />

progress. Funds for development<br />

of clusters are kept in a separate<br />

account by the Nodal Agencies which<br />

are subject to audit. The details of<br />

the funds released to Nodal Agencies<br />

since inception under this Scheme<br />

are given in the Table below:<br />

TABLE 10.2: Release of Funds to Nodal Agencies under SFURTI<br />

Year KVIC Coir Board Total<br />

2005-06 1.12 0.38 1.50<br />

2006-07 19.03 6.50 25.53<br />

2007-08 9.04 6.27 15.31<br />

2008-09 13.45 3.50 16.95<br />

2009-10 12.00 - 12.00<br />

2010-11* - 2.50 2.50<br />

*up to December, 2010.<br />

10 Up to December 2010, Rs. 73.79<br />

crore (Rs. 54.64 crore to KVIC and Rs.<br />

19.15 crore to Coir Board) was released<br />

for implementing this scheme. After<br />

(Rs. crore)<br />

implementation of the SFURTI, average<br />

increases of 40% to 60% in wages of<br />

the artisans have been achieved in the<br />

functional KVI cluster.<br />

MSME

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