The
Ministry of Textiles is implementing ‘Amended Technology Upgradation Fund
Scheme (ATUFS)’ with effect from 13.01.2016, for a period of seven years. Under
ATUFS, there is a provision of one-time capital subsidy for eligible
benchmarked machinery at the rate of 15% for garmenting and technical textiles
segments with a cap of Rs. 30 crore and at the rate of 10% for weaving,
processing, jute, silk and handloom segments with a cap of Rs. 20 crore. An
outlay of Rs. 17,822 crore has been approved for seven years to meet the
committed liabilities of Rs. 12,671 crore and Rs. 5151 crore for new cases
under ATUFS. While ATUFS covers Capital Investment Subsidy (CIS), earlier
schemes of TUFS had provisions both for interest reimbursement as well as
Capital Subsidy. Further ATUFS is targeted towards focused segments like
garmenting and made-ups with additional 10% subsidy. The segments which have
achieved desired level of modernization, i.e. spinning etc., have been excluded
under ATUFS.
So far 2036 UIDs have
been issued under ATUFS with expected employment generation of 45,659 against
investments reported of Rs. 5225.86 crore.
TUFS is a Central
Sector Scheme being implemented on pan India basis. However, under the Scheme
subsidy is given to the units/entities through nodal financial institutions and
not through the state govt. The details of
the fund provided under TUFS during
the last three years and current year are given below:
(Rs. in crore)
|
2013-14
|
2014-15
|
2015-16
|
2016-17
|
Funds under TUFS
|
BE
|
RE
|
BE
|
RE
|
BE
|
RE
|
BE
|
RE
|
2400.00
|
1956.16
|
2300.00
|
1946.02
|
1520.79
|
1434.78
|
1480.00
|
2621.98
|
A web based claim monitoring and
tracking mechanism, “i-TUFS” has been developed for providing complete
visibility to all stakeholders for smooth and transparent implementation of the
scheme.
The
above information was given by the Minister of State, Textiles, Shri Ajay Tamta
today, in a written reply to a Lok Sabha question.
***
GG/DJM