Textile Minister has assured the textile industry that it will soon resolve the issue of pending claims under its Technology Upgradation Fund Scheme (TUFS). Addressing to the textile traders in the Ahmedabad, Textiles Minister Santosh Gangwar said that the textile industry has been facing issues like non-allocation of around Rs. 3,000 crore to meet the pending cases under TUFS, which include committed liability, left out cases and blackout period. “I had a talk with the Finance Minister and the Prime Minister about this issue and I can assure you that the issue will be resolved soon,” he said. “The Prime Minister keeps a tab on this sector and therefore projects of Rs. 425 crore have been approved especially for the north-east states. Gujarat has the ability and the state has been making good efforts to become the hub of technical textile,” Gangwar said.
