Ministry of Textiles11-December, 2013 17:11 IST
Technological Upgradation Fund Scheme

Government Resolution on Revised Restructured TUFS has been issued for operation of scheme in the 12th Five Year Plan and reimbursements against approved subsidies.A meeting was held in Surat on 5/7/2013 to discuss various issues of the textile industry with its stakeholders. A meeting was held with the representatives of the Public Sector Banks on 11.7.2013 to discuss the issues pertaining to Technology Upgradation Fund Scheme (TUFS). Claims received from the lending agencies upto the quarter ending June 2013 have been cleared.

This information was given by the Minister of State in the Ministry of Textiles Smt. Panabaaka Lakshmi in the Rajya Sabha today.

DS/SJM
(Release ID :101482)