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Tag: RRTUFS

Govt Approves A-TUFS for Textile Industry
Apparel and Textile News Trade Info News

Govt Approves A-TUFS for Textile Industry

The government has approved the ‘Amended Technology Upgradation Fund Scheme (A-TUFS)’ in place of ‘Revised Restructured Technology Up-gradation Fund Scheme (RRTUFS)’ for technology up-gradation of the textile industry with one time capital subsidy for eligible bench-marked machinery for a period of seven years from 2015-16 to 2021-22, informed by the textiles minister, Smriti Irani in […]

Process Of Settling Dues Related To TUFS Begins
Apparel and Textile News Ministry of Textiles News

Process Of Settling Dues Related To TUFS Begins

The centre initiated the process of settlement of Rs 3,000 crore dues related to some ‘blackout and left-out’ cases which found no mention in the Amended Technology Upgradation Fund Scheme (ATUFS) that has come as a big relief for textile sector. Confederation of Indian Textile Industry (CITI) secretary general Binoy Job said that the quantum […]

Government To Resolve Liabilities Under TUFS
Apparel and Textile News Ministry of Textiles News

Government To Resolve Liabilities Under TUFS

Textile minister, Santosh Kumar Gangwar has said that the government is making efforts towards resolving the issue of settlement of committed liabilities of around Rs 3,000 crore arising out of ‘blackout and leftout’ period cases under TUFS (Technology Upgradation Scheme) for textile industry. Government has brought A-TUFS in place of the Revised Restructured TUFS (RRTUFS) […]

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