Ministry of Textiles provides Rs. 314.80 crore subsidy support to Textile industry
Ministry of Textiles provides Rs. 314.80 crore subsidy support to Textile industry including MSMEs and small textile manufacturing units through ATUFS and Powertex India
Posted On: 09 FEB 2022 3:44PM by PIB Delhi
Ministry of Textiles has been providing subsidy support to textile industry, including Micro, Small and Medium Enterprises (MSMEs) and small textile manufacturing units across the country through schemes such as Amended Technology Upgradation Fund Scheme (ATUFS) and Powertex India. Details of support provided under the schemes are given in Annexure-I.
Details of textile units provided support under ATUFS and Powertex India Scheme are given in Annexure-II.
Annexure I
Details of schemes implemented for the benefit of textile industry including small manufacturers
| S No. | Name of the scheme | Details of assistance | Duration of implementation |
| 1. | Amended Technology Upgradation Fund Scheme (ATUFS) | Capital Investment subsidy (CIS) for technology upgradation @ 15% for garmenting and technical textiles segments with a cap of Rs. 30 crore and @ 10% for weaving, processing, jute, silk and handloom segments with a cap of Rs. 20 crore is provided to individual entity.
|
January, 2016 to March, 2022 |
| 2. | Powertex India Scheme | In situ upgradation, Yarn bank scheme, work shed projects for strengthening decentralized powerloom sector | April, 2017 to March, 2021 |
Annexure II
Details of textile units provided support under ATUFS and Powertex India Scheme
| S No. | Name of the Scheme | Number of units/ beneficiaries | Amount of assistance
(in Rs. crore) |
| 1. | Amended Technology Upgradation Fund Scheme (ATUFS) | 785 | 314.80 |
| 2. | Powertex India Scheme: | In situ scheme – 3351 | 30.71 |
| Work shed projects – 18 | 7.01 | ||
| Yarn Bank projects – 11 | 2.80 |
This information was given by the Minister of State for Textiles Smt. Darshana Jardosh in a written reply in the Lok Sabha today.
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