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Related Keywords: ATUFS, big relief for textile sector, CITI, dues related to some blackout and leftout cases, Indian governement, initiated process of settlement, invested in those 10 months, RRTUFS

The Indian government 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) which has come as a big relief for textile sector.

Confederation of Indian Textile Industry (CITI) Secretary General Binoy Job said that the quantum of liabilities under the blackout and left-out period cases was around Rs 3,000 crore.

Related Keywords: ATIRA, capital subsidy, Gujarat textile industry, processing, readymade garment sectors, RRTUFS, SITP, Technical textile, Textile Commissioner, TUFS

Gujarat textile industry taking maximum benefit from the Technology Upgradation Fund Scheme (TUFS). In TUFS under 15 percent MMS, 90 percent of the application were received from Gujarat, stated Kiran Soni Gupta, IAS, Textile Commissioner at the meeting held at the Ahmedabad Textile Industries Research Association (ATIRA) between the Textile Commissioner and textile industry stakeholders on Tuesday.