TUFS news and archive

Textile sector rejoices extension of TUFS

The Technology Upgradation Fund Scheme (TUFS), mooted by the Southern India Mills’ Association (SIMA) for the textile sector which was under operation from April 28, 2011 to March 31, 2012, has been extended for one more year. Although the extension has been decided, it is yet to be announced by the government owing to certain modifications...

Apparel

TUFS for Indian textiles sector to continue

The Indian textile industry’s demand for prolonging the Technology Upgradation Fund Scheme (TUFS) seems to have been accepted as textile secretary Kiran Dhingra says the scheme would continue at least for the time being. She informed that the Textile Ministry has proposed extension of the TUFS in the 12th Five Year Plan with an allocation of Rs...

Apparel

Govt recommends continuation of TUFS

The Union government has recommended continuation of the Technological Upgradation Funds Scheme (TUFS) with an allocation of Rs 15,886 crores for the 12th Five-Year Plan period. “The government has recommended continuation of TUFS with an allocation of Rs 15,886 crore for the entire 12th Five-Year Plan against the allocation of Rs 15,404 crores...

Apparel

Ministry considers extending TUFS to ‘blackout period’

The Textiles Ministry is considering extending the revised Technology Upgradation Fund Scheme (TUFS) to the ‘blackout period’, according to textile commissioner A B Joshi. “We can consider going to the blackout period, subject to maintaining the same discipline as that of the revised one. So going in that direction, probably if everything goes...