Home / Knowledge / News / Textiles / Apply for TUFS subsidy before Dec 31, 2012
Apply for TUFS subsidy before Dec 31, 2012
24
Nov '12
The Office of the Textile Commissioner has informed that those textile companies, who are willing to apply under the Restructured Technology Up-gradation Scheme (R-TUFS) but have not applied for subsidy benefits till date, can submit their claim application to the concerned Regional Offices of the Textile Commissioner to claim subsidy upto December 31, 2012 in respect of 20%MMS / 15%MMS cases operated by Office of the Textile Commissioner.

It may be recalled that the Inter-Ministerial Steering Committee in its meeting in May 2012, has approved R-TUFS for year 2012-13 and has directed the government to continue to fund the scheme accordingly.

Giving details, a senior government official told fibre2fashion, “Under the current guidelines, there is no time limit to apply for the R-TUFS subsidy. However, considering the constraints, it had been decided to accept subsidy claims only within one year from sanction of the term loan”.

He added, “However, in respect of 20%MMS / 15%MMS cases operated by Office of the Textile Commissioner, the companies which have not yet applied to claim subsidy within one year of sanction of the term loan, can now apply for subsidy claims at Regional Offices of The Textile Commissioner upto December 31, 2012 and thereafter claim application preferred after one year period will not be entertained.

The guidelines for online applications being submitted/ operated by lending agencies/ banks under TUFS have been issued separately.

Fibre2fashion News Desk - India


Must ReadView All

Armtex Group gets incentives for textile unit in Armenia

Textiles | On 18th Mar 2019

Armtex Group gets incentives for textile unit in Armenia

Armenia recently granted textile manufacturer Armtex Group customs...

Pic: Gildan Activewear

Fashion | On 18th Mar 2019

Merger of athletic, leisure created new brands: Gildan

Merging of athletic and leisure categories in developed nations has...

Pic: Asteks

Textiles | On 18th Mar 2019

Asteks' AGV reduces workload in material transportation

AGV automatic guided vehicles developed by garment manufacturer...

Interviews View All

Priyanka, Studio Priyanka Rajiv

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Abhishek Samdaria, Reflete

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Top executives, Textile industry

Top executives
Textile industry

Sustainable fashion is also ‘slow fashion’

Marcello Galvanin,

Marcello Galvanin

Galvanin has more than 50 years of experience in the production of textile ...

Franco Ravazzi,

Franco Ravazzi

Italy-based Tessimenti E Orditi Tinti (T.O.T SRL) specialises in stocking...

Carolin Russ,

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Marcel Alberts, Eurofibers

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Chunyi Zhi, City University of Hong Kong

Chunyi Zhi
City University of Hong Kong

<div><b>Chunyi Zhi</b>, associate professor in the Department of Materials ...

Alfonso Marra, Klopman

Alfonso Marra
Klopman

It was in 1968 that Klopman introduced the concept of poly/cotton workwear ...

Igor Chapurin, Chapurin

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Aneeth Arora, Péro

Aneeth Arora
Péro

The Woolmark Company has partnered with handmade fashion label Péro and...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


March 2019

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

news category


Related Categories:

Advanced Search