TUFS Scheme 2015 Pattern of Assistance

Under the TUFS Scheme revised in 2015 under the 12th plan period, the following types of financial assistance is provided:

1. Stand alone spinning units – 2% Interest Reimbursement (IR) for new stand alone / replacement / modernization of spinning machinery;
2. For units having spinning capacity with forward integration having matching capacity in weaving/ knitting/processing/garmenting – 5% Interest Reimbursement;
3. Weaving – (i) 6% Interest Reimbursement and 15% capital subsidy on brand new shuttleless looms or 30% Margin Money Subsidy (MMS) on brand new shuttleless looms for powerloom sector;
   1. 2% Interest Reimbursement or 8% Margin Money Subsidy on second hand imported shuttleless looms with 10 years vintage and with a residual life of minimum 10 years;
   2. For 30% Margin Money Subsidy – capital ceiling caps of RS. 5 crore and subsidy cap of Rs.1.5 crore would be adhered to for encouraging adequate investments by the SSI or MSME sector;
4. Processing – 5% Interest Reimbursement and 10% capital subsidy for specified processing machinery. Common Effluent Treatment Plant or Effluent Treatment Plant will not be considered for support under TUFS.
5. Garmenting – 5% Interest Reimbursement and 10% capital subsidy on specified machinery for garmenting units.
6. Technical Textiles (including non-wovens) – 5% Interest Reimbursement and 10% capital subsidy on specified machinery required in manufacture on technical textiles.
7. Handloom and silk sector – 5% Interest Reimbursement or 30% capital subsidy on benchmarked machinery.
8. MSMEs including jute sector – 5% Interest Reimbursement or 15% Margin Money Subsidy– subsidy ceiling to be Rs. 75 lakh.
9. Other segments – 5% Interest Reimbursement
   1. Cotton ginning and pressing;
   2. Wool scouring; combing and carpet industry;
   3. Synthetic filament yarn texturising, crimping and twisting;
   4. Ciscose staple fibre and viscose filament yarn;
   5. Knitting and fabric embroidery;
   6. Weaving preparatory machines;
   7. Made-up manufacturing;
   8. CAD, CAM and design studio
   9. Jute industry

The interest reimbursement will be for a period of 7 years with 2 years of moratorium on implementation. Further, in addition to the interest reimbursement for investment in machinery, investments like factory buildings, pre-operative expenses and margin money for working capital are also eligible for benefit of reimbursement under the scheme (Apparel and Handloom Section Only).

TUFS Scheme 2015 Pattern of Assistance

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