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Related Keywords: approved Amended Technology Upgradation Fund Scheme, DPR, eligible bench marked machinery, measures taken to provide relief to textile, one time capital subsidy, period of seven years, powerloom industry, powerloom units, promote digital payment, technology upgradation, Union Textiles Minister

The Union Textiles Minister informing about the measures taken by the government to provide relief to textile and powerloom industry said that the government has approved the "Amended Technology Upgradation Fund Scheme (A-TUFS)" 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, in place of Revised Restructured Technology Upgradation Fund Scheme (RRTUFS).

Related Keywords: develop a trade-cum-exhibition centre, DPR, focus on exporting lungi cloths, foundation laying ceremony, neighbouring Myanmar, Powerloom estate, semi-automatic power loom units, state Industries department, Union minister of textile

The State Industries Department had in 2013-13 prepared a Detailed Project Report (DPR) and sent it to the Union Ministry of Textile proposing for setting up an "apparel garment making and power loom estate" in the State which will be soon turning into reality as the foundation laying ceremony will be held at the City Convention in Imphal.

Union Minister of State for Textile (independent charge) Santosh Gangwar is all set to lay the foundation stone of the powerloom estate proposed to be set up at Lamboikhongnangkhong in Imphal West on March 24 .