Textile Sector – Cotton, Jute, Wool, Silk, Handloom, etc.

[pib] Amended Technology Up-gradation Fund Scheme


From UPSC perspective, the following things are important :

Prelims level : ATUFS

Mains level : Textile sector of India

Union Minister of Textiles has reviewed the Amended Technology Up-gradation Fund Scheme (ATUFS) to ease of doing business, bolstering exports & fuelling employment.

What is ATUFS?

  • The Ministry of Textiles had introduced Technology Upgradation Fund Scheme (TUFS) in 1999.
  • It is a credit linked subsidy scheme intended for modernization and technology up-gradation of the Indian textile industry.
  • It aims at promoting ease of doing business, generating employment and promoting exports. Since then, the scheme has been implemented in different versions.
  • The ongoing ATUFS has been approved in 2016 and implemented through web based iTUFS platform.
  • Capital Investment Subsidy is provided to benchmarked machinery installed by the industry after physical verification.


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