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TECHNOLOGY
UPGRADATION FUND
Recent
initiatives by FIs likely to boost TUF scheme for powerlooms
The decentralised SSI sector has so far failed to make use of
the Technology Upgradation Fund Scheme (TUFS) even if it is the
one segment which calls for major upgradation in terms of technology.
Experts
blame low RoIs for poor TUF response
Response to the technology upgradation fund scheme (TUFS) has
not been satisfactory, with a total loan disbursement of just Rs
3578.43 crore, over the last three years, as against a corpus of
Rs 25,000 crore.
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