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Indian textile mills awaiting government to release pending TUFS subsidy soon

Related Keywords: black out period, Cabinet Committee on Economic Affairs., Indian textile mills, inter-ministerial steering committee, investment for upgrading technology, subsidy, textile minister Santosh Kumar Gangwar, TUFS

The Indian textile mills who had made investment for upgrading technology at their existing units as well as to set up new units with state-of-the-art facilities under the Technology Upgradation Fund Scheme (TUFS) more than three years back are looking for subsidy release now which according to them is worth Rs 2,500-3,000 crore.

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