Subsidy
This query is : Resolved
09 October 2013
what is the meaning of the subsidy, capital subsidy, interest subsidy...
what is the salient features of the tufs schemes for the textiles.
what is the salient features of the tufs schemes for the textiles.
10 October 2013
Under the TUFS scheme, subsidy is given for technological upgradation in textile industry.
capital subsidy is given for capital cost towards technology upgradation cost.
Interest subsidy is released Indian govt to the banks who have lent money to textile units for technology upgradation.
IDBI is the nodal bank for this scheme. A regular audit is done to ensure only the genuine cases are given subsidies.
for further information please refer:
http://www.aepcindia.com/files/TUFS-Manual.pdf
capital subsidy is given for capital cost towards technology upgradation cost.
Interest subsidy is released Indian govt to the banks who have lent money to textile units for technology upgradation.
IDBI is the nodal bank for this scheme. A regular audit is done to ensure only the genuine cases are given subsidies.
for further information please refer:
http://www.aepcindia.com/files/TUFS-Manual.pdf
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