Question : SUBSIDY UNDER TUFS

(a) whether the Government proposes to extend the interest subsidy and capital subsidy under Technology Upgradation Fund Scheme (TUFS) for purchase of special machinery intended to manufacture synthetic garments and processing of fabrics; and

(b) if so, the details thereof?

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

(a) &(b): No,Madam.The current scope of the scheme extends 10% Capital Subsidy and 5% interest subsidy on installation of machineries of manufacturing garments and for processing machinery as well.