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Ministry of Textiles provides Rs. 314.80 cr subsidy support to Textile industry, MSMEs

BNE ADMIN


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Ministry of Textiles has been providing subsidy support to the textile industry, including Micro, Small, and Medium Enterprises (MSMEs) and small textile manufacturing units across the country through schemes such as the 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 schemeDetails of assistanceDuration 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 SchemeIn situ upgradation, Yarn bank scheme, work shed projects for strengthening decentralized powerloom sectorApril, 2017 to March, 2021

Annexure II

Details of textile units provided support under ATUFS and Powertex India Scheme

S No.Name of the SchemeNumber of units/ beneficiariesAmount of assistance(in Rs. crore)
1.Amended Technology Upgradation Fund Scheme (ATUFS)785314.80
2.Powertex India Scheme:In situ scheme – 335130.71
Work shed projects – 187.01
Yarn Bank projects - 112.80

This information was given by the Minister of State for Textiles Smt. Darshana Jardosh in a written reply in the Lok Sabha today.

BNE ADMIN