Nodal Agency
Foundation for MSME Clusters (FMC)
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Scheme of Fund for Regeneration of Traditional Industries (SFURTI)
Under Ministry of MSME, Government of India
FMC as Nodal Agency
FMC as Nodal Agency (NA) extends all support required to Technical Agency (TA) for implementation of the scheme as may be required such as obtaining Government Approvals, Environment Clearances etc. for setting up of Clusters. The NA is also involved in Preparation of strategy and implementation plan for sub-sector thematic interventions; Appraisal of (Detailed Project Reports (DPRs) received from TAs establishing the project viability, output, outcomes, impact and sustainability; Apart from this NA also does Program fund management and ensures timely disbursement of funds to the IAs to ensure time-bound completion of projects.