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Central Government Benefits (Subsidy)
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Central Government Benefits (Subsidy)

Amended Technology Upgradation Fund Scheme (ATUF) is governed by Ministry of Textiles (Central Government).

Any new or existing unit which are engaged in Textile product and having SSI / MSI / IEM certificate will be eligible under this scheme in accordance with the TUF guidelines issued by the Ministry of Textiles from time to time.


Financial assistance under this scheme will be as below :

Sr. No.

Scheme

Segment

Max Cap.

Unit Eligible

1

15% Capital Subsidy

Garmenting, Technical Textile

Rs. 30.00 Crore

Micro, Small, Medium & Large

2

10% Capital Subsidy

Weaving, Knitting, Independent
Weaving Preparatory, Processing, Jute, Silk and Handloom

Rs. 20.00 Crore

Micro, Small, Medium & Large

3

15% Capital Subsidy

Composite Unit – If the eligible capital investment in respect of Garmenting & Technical Textiles category is more than 50% of the eligible project cost

Rs. 30.00 Crore

Micro, Small, Medium & Large

4

10% Capital Subsidy

Composite Unit – If the eligible capital investment in respect of Garmenting & Technical Textiles category is less than 50% of the eligible project cost

Rs. 30.00 Crore

Micro, Small, Medium & Large

Some major sectors that covered under this scheme are Weaving, Knitting, Technical Textile, Garment Manufacturing, Independent Weaving Preparatory, Non-Woven, Jute Industry, Silk Sector, Handloom Weaving etc.


(At present the scheme is under observation & will be started soon)

Disclaimer - We have made all the efforts to avoid errors or omission in the above content. In spite of this there may be chances for its occurrence. So it is suggested that to avoid any doubt reader should cross-check all the facts, law and contents with the Original Government Publications, Guidelines or Notifications issued time to time.

The Credit Linked Capital Subsidy scheme (CLCSS) is governed by Ministry of Micro, Small & Medium Government of India and aims at facilitating Technology Upgradation of Micro and Small Enterprises by providing capital subsidy on institutional finance availed for induction of well-established and improved technology in approved sub sectors/products.


TYPES OF UNITS TO BE COVERED UNDER THE SCHEME:

i) New SSI units which are registered with the State Directorate of Industries and which have set up their facilities only with the appropriate eligible and proven technology duly approved by the GTAB/TSC

ii) Existing SSI units registered with the State Directorate of Industries, which upgrade their existing plant and machinery with the state- of -the -art technology, with or without expansion.

When MSMEs avail loans for technology upgradation, they can enjoy a subsidy on such loans. The Credit Linked Capital Subsidy also covers MSEs of Khadi & Village industries and Coir sectors.

QUANTUM OF BENEFIT :


GENERAL CATEGORY
•15% of Term Loan (only plant & machinery component)

• Max Cap - 15 Lakhs


SC / ST CATEGORY

• Additional 10% under SCLCSS scheme

(At present CLCSS scheme is under observation & will be started soon)

Disclaimer - We have made all the efforts to avoid errors or omission in the above content. In spite of this there may be chances for its occurrence. So it is suggested that to avoid any doubt reader should cross-check all the facts, law and contents with the Original Government Publications, Guidelines or Notifications issued time to time.