Home / Knowledge / News / Textiles / Indian govt to make TUFS procedure online
Indian govt to make TUFS procedure online
Jun '14
Ms. Kiran Soni Gupta
Ms. Kiran Soni Gupta
The Ministry of Textile Industry, Government of India, is planning to make online the entire procedure from application to sanction of fund and all matters related to the Technology Upgradation Fund Scheme (TUFS), said a top official, Business Standard reports quoting PTI.
At an interaction with textile entrepreneurs, organized by the Southern India Mills’ Association in Coimbatore, Kiran Soni Gupta, Textile Commissioner, Mumbai, said once the TUFS procedure is made online it would help overcome any possible procedural hassles and also delay and confusion over the communication to beneficiaries of TUFS.
Ms. Gupta said the TUFS procedure would be made online once the software was ready. The online facility would consist of four parts—beneficiaries, bankers, the Office of the Textile Commissioner and the Ministry of Textiles—so there would not be big gap in the application to sanction process, she added.
Later talking to reporters, the official informed that the draft Textile Policy was nearly complete and the Textiles Ministry is seeking more proposals and suggestions from various stakeholders.
It is estimated that only about 5.4 percent of the nearly 2.3 million powerlooms in India have so far taken benefit of the TUFS and other schemes.
Modernization of the Indian textile industry is necessary in the face of fierce competition from other textile and garment manufacturing and exporting countries like China, Bangladesh, Vietnam, etc.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search