Capital subsidy for investments in the employment and technology intensive segment of the textile value chain
Operated by
Ministry of Textiles, Central Government
Purpose
To provide one time capital subsidy for investments in the employment and technology intensive segments of the textile value chain
Probable duration
2016
Eligibility
- Entities / Units registered under the companies act with the registrar of the companies except MSME units.
- Individual entity of the textile sector is also eligible for the benefit of this scheme.
Benefit Description
Amended Technology Upgradation Fund Scheme (ATUFS) - Financial assistance as one time capital subsidy for investments in the employment & technology intensive segment of the textile value chain for promotion of export & import substitution
Application process
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Other Details
Conditions if Any
- In case the applicant had availed subsidy earlier under the RRTUFS, he will be eligible only for the balance amount within the overall ceiling fixed for an individual entity
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