Apparel and Textile News Trade Info News

Govt. To Replace Interest Subsidies For Textile Sector

The centre is planning to tweak the Technology Upgradation Fund Scheme (TUFS) in the textile sector and may end interest subsidy provided to mills against investments made by them, as it intends to rationalize various dole-out-based schemes. The move is a part of the government’s efforts to remove various interest subsidies across sectors to curb […]