Contents

  1. Fifty SFURTI clusters in 18 States inaugrated
  2. Successful Launches of VL-SRSAM Missile System

FIFTY SFURTI CLUSTERS IN 18 STATES

Context:

Union Minister for MSME & Road Transport & Highways inaugurated 50 artisan-based SFURTI clusters, spread over 18 States.

Relevance:

Prelims, GS-II: Social Justice

Dimensions of the Article:

  1. What is SFURTI?
  2. Details about SFRUTI Scheme

What is SFURTI?

Scheme of Fund for Regeneration of Traditional Industries (SFURTI) is a scheme launched by the Ministry of Micro Small and Medium Enterprises (MSME) in the year 2005.

The objectives of the scheme are:

  1. To organize the traditional industries and artisans into clusters to make them competitive and provide support for their long-term sustainability, sustained employment,
  2. To enhance marketability of products of such clusters,
    To equip traditional artisans of the associated clusters with the improved skills,
    To make provision for common facilities and improved tools and equipments for artisans,
  3. To strengthen the cluster governance systems with the active participation of the stakeholders, and
  4. To build up innovated and traditional skills, improved technologies, advanced processes, market intelligence and new models of public-private partnerships, so as to gradually replicate similar models of cluster-based regenerated traditional industries.

The target sectors and potential beneficiaries will include:

  1. Artisans, workers, machinery makers, raw material providers, entrepreneurs, institutional and private business development service (BDS) providers.
  2. Artisan guilds, cooperatives, consortiums, networks of enterprises, self-help groups (SHGs), enterprise associations, etc.
  3. Implementing agencies, field functionaries of Government institutions/organizations and policy makers, directly engaged in traditional industries.

Details about SFRUTI Scheme

SFURTI clusters are of two types i.e.,

  1. Regular Cluster (500 artisans) with Government assistance of up to Rs.2.5 crore and
  2. Major Cluster (more than 500 artisans) with Government assistance up to Rs.5 crore.

The artisans are organized into SPVs which can be

  1. A Society registered under Societies (Registration) Act, 1860,
  2. Co-operative Society under an appropriate statute,
  3. Producer Company under Section 465 (1) of Companies Act, 2013 (18 of 2013),
  4. Section 8 Company under the Companies Act, 2013 (18 of 2013) or
  5. A Trust.

Under the Scheme, the Ministry supports various interventions including

  1. Setting up of infrastructure through Common Facility Centers (CFCs),
  2. Procurement of new machineries,
  3. Creating raw material banks,
    Design intervention,
  4. Improved packaging,
  5. Improvement of marketing Infrastructure,
  6. Improved skills and capacity development through training and exposure visits, etc.

-Source: PIB


SUCCESSFUL LAUNCHES OF VL-SRSAM MISSILE SYSTEM

Context:

Defence Research & Development Organisation (DRDO) conducted two successful launches of Vertical Launch Short Range Surface to Air Missile (VL-SRSAM).

Relevance:

Prelims, GS-III: Internal Security Challenges, Science and Technology 

Dimensions of the Article:

  1. About VL-SRSAM
  2. DRDO’s missiles which were Recently in the news

About VL-SRSAM

Vertical Launch Short Range Surface to Air Missile (VL-SRSAM) are Indigenously designed and developed by DRDO for Indian Navy.

VL-SRSAM is meant for neutralizing various aerial threats at close ranges including sea-skimming targets.

It acts as single point integrated solution that include missile and weapon control system (WCS) to destroy threats from different ranges with 360° interception capability.

DRDO’s missiles which were Recently in the news

MRSAM for the Indian Army

  • Medium Range Surface to Air Missile (MRSAM) for the Indian Army is developed jointly by Defence Research and Development Organisation (DRDO), India and Israel Aerospace Industries (IAI), Israel.
  • It is a high response, quick reaction, vertically launched Supersonic Missile, designed to neutralize enemy aerial threats – missiles, aircraft, guided bombs, helicopters.
  • It consists of a command-and-control post, multi-function radar and mobile launcher system.
  • It is used by the Army, Navy and Air Force as different variants and for the Army, it is a land-based variant of the Barak Air and Missile Defence System (AMD).

QRSAM

  • Quick Reaction Surface-to-Air Missile system (QRSAM) is a canister-based system, which means that it is stored and operated from specially designed compartments.
  • In the canister, the inside environment is controlled, thus along with making its transport and storage easier, the shelf life of weapons also improves significantly.
  • The system is capable of detecting and tracking targets on the move and engaging targets with short halts.
  • It is a short-range surface-to-air missile (SAM) system, primarily designed and developed by DRDO to provide a protective shield to moving armoured columns of the Army from enemy aerial attacks.
  • The entire weapon system has been configured on a mobile and manoeuvrable platform and is capable of providing air defence on the move.
  • It has been designed for induction into the Army and has a range of 25 to 30 km.

-Source: PIB

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