Question : DISBURSEMENT UNDER TUFS



(a) the total funds earmarked for disbursement under the Technology Upgradation Fund Scheme (TUFS) during the 11th Five Year Plan;

(b) whether the allocated amount has been utilised fully;

(c) if so, the number of applicants who were provided financial assistance during the said period;

(d) the number of applicants alongwith the claims pending with the Government for clearance; and

(e) the steps taken by the Government for speedy disbursement of claims from the applicants under TUFS?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF TEXTILES (SMT. PANABAAKA LAKSHMI)

(a) & (b): The allocation under Technology Upgradation Fund Scheme (TUFS) for the 11th Five Year Plan is Rs. 8000 crores and an expenditure of Rs. 7573 crores has been incurred till June 2010.

(c): 50264 applications were provided subsidy from April 2007 to June 2010.

(d) & (e): Total pending claims with the Government is Rs.378.39 crores in respect of 4164 applications. As per the existing system, quarter wise claims are submitted online and the funds are released to the beneficiaries through nodal agencies/nodal banks within three working days.