Question : TECHNOLOGY UPGRADATION FUND SCHEME



(a) the number of applications received under the Technology Upgradation Funds Scheme from the Government of Uttar Pradesh during each of the last three years; and

(b) the decision taken/proposed by the Government thereon?

Answer given by the minister

THE MINISTER OF STATE IN THE MINISTRY OF TEXTILES (SHRI BASANAGOUDA R. PATIL (YATNAL)

(a) & (b) Applications under TUFS are submitted by promoters and not by the State/Central Government.

Since the inception of the Scheme, as on 28-02-2003, under TUFS, 34 applications have been received from mills located in the state of Uttar Pradesh for odernization projects requiring Rs. 932.58 crore with loan requirement of Rs. 496.87 crore. Of these, 27 applications have been sanctioned a loan amount of Rs. 346.75 crore and Rs. 226.97 crore has been disbursed in respect of 23 applications.