{"id":8275,"date":"2024-06-14T03:32:56","date_gmt":"2024-06-14T03:32:56","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=8275"},"modified":"2024-06-14T03:32:56","modified_gmt":"2024-06-14T03:32:56","slug":"textile-industry-demands-restoration-of-technology-upgradation-fund-scheme","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/textile-industry-demands-restoration-of-technology-upgradation-fund-scheme\/","title":{"rendered":"Textile industry demands restoration of technology upgradation fund scheme"},"content":{"rendered":"<p>The technology upgradation fund (TUF) scheme for new investments in the textile  ended in March 2022, with no announcement on it being renewed. TheGujarattextile industry is demanding that the scheme be implemented with retrospective effect, as new projects have become at least 35% more expensive in the absence ofTUF. Industry players also said that the Gujarat government should roll out new a scheme to promote the garments industry, as the existing one expired in October 2022.<\/p>\n<p>The import duty on <a href=\"https:\/\/exam.pscnotes.com\/cotton\">Cotton<\/a> should be abolished because the prices of Indian cotton are higher than international levels and new capacities are in pipeline in the spinning sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The technology upgradation fund (TUF) scheme for new investments in the textile ended in March 2022, with no announcement on it being renewed. TheGujarattextile industry is demanding that the scheme be implemented with retrospective effect, as new projects have become at least 35% more expensive in the absence ofTUF. Industry players also said that the &#8230; <a title=\"Textile industry demands restoration of technology upgradation fund scheme\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/textile-industry-demands-restoration-of-technology-upgradation-fund-scheme\/\" aria-label=\"Read more about Textile industry demands restoration of technology upgradation fund scheme\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1084],"tags":[765],"class_list":["post-8275","post","type-post","status-publish","format-standard","hentry","category-gujarat","tag-11-04-23"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Textile industry demands restoration of technology upgradation fund scheme - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/textile-industry-demands-restoration-of-technology-upgradation-fund-scheme\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Textile industry demands restoration of technology upgradation fund scheme\" \/>\n<meta property=\"og:description\" content=\"The technology upgradation fund (TUF) scheme for new investments in the textile ended in March 2022, with no announcement on it being renewed. TheGujarattextile industry is demanding that the scheme be implemented with retrospective effect, as new projects have become at least 35% more expensive in the absence ofTUF. Industry players also said that the ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/textile-industry-demands-restoration-of-technology-upgradation-fund-scheme\/\" \/>\n<meta property=\"og:site_name\" content=\"Current Affairs Exam\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-14T03:32:56+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Textile industry demands restoration of technology upgradation fund scheme - Current Affairs Exam","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/textile-industry-demands-restoration-of-technology-upgradation-fund-scheme\/","og_locale":"en_US","og_type":"article","og_title":"Textile industry demands restoration of technology upgradation fund scheme","og_description":"The technology upgradation fund (TUF) scheme for new investments in the textile ended in March 2022, with no announcement on it being renewed. TheGujarattextile industry is demanding that the scheme be implemented with retrospective effect, as new projects have become at least 35% more expensive in the absence ofTUF. Industry players also said that the ... 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