More importantly, it is essential for the knitwear garment exporters to go for new capacities with special machineries and for this the subsidy under TUF scheme is needed otherwise, the real objective of National Fibre Policy will not be fulfilled.
Considering all these aspects and fact, we request the Hon'ble Minister to kindly take up the matter with Finance Ministry and ask them to not to freeze the projects in pipe line and also new sanctions under TUFs immediately and help to continue the sanctions for the benefit of entire textile industry.