The textile Ministry has taken a decided to put the Textile Upgradation Fund Scheme (TUF) procedures online. This move is taken by the government in order to overcome any possible procedural hassles and also delay and confusion over the communication to beneficiaries on the Textile Upgradation Fund Scheme. The beneficiaries can check all information from application to sanction of fund and subsidy and related matters with regard to TUF online and once the software is ready it would be launched as stated by Kiran Sony Gupta, Textile Commissioner.
The online facility will be based on four parts – beneficiaries, bankers, the office of textile commissioner and the Ministry, so that there would not be any yawning gap in the process from application to sanction, she said. Till now out of the 23 lakh powerlooms, only about 1.25 lakh looms have taken advantage of the TUF and other schemes.
