Surat (Surat): For some time now, there has been important news about the textile industrialists of Surat who were presenting at the central level to extend the period of the scheme. It has been decided to extend the period of A-Tuf scheme by one year. Dt. This period has been extended with effect from 1 April 2022. There is no official announcement regarding this yet, but according to the message circulating in the textile industry group, a notification will be issued soon.
A message in the social media group of Surat’s textile industry has gone viral since this morning, in which it has been mentioned that the A-tough scheme has been given an extension for one year from April 1, 2022. It is also mentioned in this message that a circular will be released soon. However, no official announcement has been made. Sources in the textile industry said that a proposal has been prepared by the officials of the Ministry of Textiles. All have agreed to extend the A-tough scheme, but no final decision has been taken yet. Until the circular comes out, nothing can be said about its veracity. Meanwhile, agents working on tough scheme applications have started sending messages to their clients. Applications have been started for Tuff.
Let us tell you that Tough i.e. Textile Upgradation Fund (Textile Upgradation Fund) scheme has been closed from March 2022. The closure of this scheme has put a brake on the investment and the textile industrialists are in trouble. Investment of approximately 4500 crores has come to a standstill. Since the closure of the scheme, orders for 3 thousand imported machines have been cancelled. A high-level presentation has been made by the textile industry of Surat to extend the duration of the scheme, following which the government is believed to have taken a decision to extend the scheme.
Weaver leader Mayur Golwala said that messages have been received in this regard. But no official announcement has been made. Presently there is no subsidy scheme for the textile industry so if the period of A-tough scheme is extended then surely the industrialists will be relieved, but considering the presentation made earlier by the textile industrialists of Surat under the leadership of FIASWI Chairman Bharat Gandhi, the government should also consider implementing the new scheme. should