Related Keywords: affected by the move, Amended Technology Upgradation Fund Scheme, Cabinet Committee on Economic Affairs, committed liabilities under old scheme, completely rejects claims of textile mills, Finance Ministry, owner of a textile mill, so called black out period, subsidy against investment, Textile Commissioner, under TUFS
The Cabinet Committee on Economic Affairs (CCEA) decision to introduce the Amended Technology Upgradation Fund Scheme (ATUFS) and approved R12,671 crore for its “committed liabilities” under the old scheme completely rejects claims of textile mills that had sought subsidy against investments made under the Technology Upgradation Fund Scheme (TUFS) during the so-called black-out period, a senior official said.
