Technology Hardware and Equipment

India Boosting Textile Tender

πŸ“„ Tender ID: 449248473 πŸ“… Published: 28 Nov 2019

πŸ“‹ Tender Overview

After extensive discussions with stakeholders and with a view to promote ease of doing business in the country and achieve the vision of generating employment and promoting exports by way of technology upgradation in textile sector through Make in India with Zero effect and Zero defect the old version of Technology Upgradation Fund Scheme TUFS was revised and accordingly a new scheme viz. Amended Technology Upgradation Fund Scheme ATUFS was launched in January 2016 with an outlay of Rs. 17822 crore upto 2022. The objective of the scheme is to facilitate augmenting of investment productivity quality employment exports along with import substitution in textile industry and also to indirectly promote investment in textile machinery manufacturing. Under the scheme higher incentives have been provided to garmentingtechnical textiles for reimbursement of Capital Investment Subsidy. In pursuance to the decision of Inter Ministerial Steering Committee IMSC under ATUFS held on 23.03.2018 and subsequent discussions with stakeholders the guidelines of ATUFS have been further revised on 02.08.2018 with a view to make online portal for implementation i-TUFS an end to end solution. In addition various measures have been taken to streamline the processes for effective implementation of the scheme details of which are given at Annexure-I.Ministry has also notified the Scheme for Production and Employment Linked Support for Garmenting Units SPELSGU under ATUFS to incentivise production and employment generation in the garmenting sector vide Resolution dated 25.07.2016. The Government has also approved reforms inter alia to boost Employment Generation and Exports in the Made-Ups Sector vide Resolution dated 10.01.2017. The additional incentive of 10 will be provided to both the garmenting and made-ups units registered under ATUFS on achievement of employment projected by them.Details of various other actions taken by the Government to boost textile sector in the country are given in Annexure-II.In order to promote handloom sector across the country financial assistance is provided under the following the schemes for raw materials purchase of looms and accessories design innovation product diversification infrastructure development skill upgradation marketing of handloom products and loan at concession ratesNational Handloom Development Programme NHDPComprehensive Handloom Cluster Development Scheme CHCDSHandloom Weavers Comprehensive Welfare Scheme HWCWSYarn Supply Scheme YSS.Details of budget provisions for the year 2019-20 under schemes of Handloom sector are given in Annexure-III.Measures taken to streamline the process under ATUFS1.Delegation of Powers Financial powers were delegated to Textiles Commissioner to approve all JIT reports and release payments upto Rs. 5 crore. All individual cases with a subsidy amount more than Rs. 5 crore will be forwarded to the Ministry of Textiles after according approval of Textile Commissioner for obtaining concurrence of Internal Finance Wing and release to the bankslending agencies.2. Geo-tagging and digital signature System of geo-tagging of machinery has been implemented and digital signatures by the units banks offices of Textile Commissioner have also been introduced in the i-TUFS software.3. Admissibility of Packing List for verification of serial number of imported machinery Inter Ministerial Steering Committee IMSC in its meeting held on 27.02.2019 had decided to seek a clarification from Do Revenue with regard to acceptability of packing list for verification of machine serial number in respect imported machinery. In view of advice of Department of Revenue it has been clarified that Packing List in respect of imported machinery be allowed for verification of machinery serial number.4. Serial Number of machineries not mentioned in the invoice packing list or any other shipping document IMSC in its meeting held on 24.10.2019 decided that in case the machine serial number is not mentioned in the original invoice shipping documents a certificate indicating the machine serial numbers against the machines supplied through a particular invoice can be obtained from the OEM and the claim can be accepted if such machinery with specified serial number is verified by the Joint Inspection Team JIT at the time of physical inspection of the unit.Details of various other actions taken by the Government to boost textile sectorSpecial Package for Textile and Apparel sector Rs 6000 crore package was launched in June 2016 to boost employment and export potential in the apparel and made up segments. This package consists of Remission of State Levies for garmenting and made-ups additional production and employment linked subsidy of 10 under ATUFS for garmenting assistance for the entire 12 employers contribution towards EPF fixed term employment in garmenting increasing overtime caps and income tax concessions under section 80JJAA for the garmenting sector. Textiles India 2017 The Ministry of Textiles organized a 3-day mega textile exhibition namely Textiles India 2017 from 30th June to 2nd July 2017 at Gujarat. The principal objective of organizing the said mega event was to bring all segments of the Textiles sector under one umbrella trade event and showcase the strength of the Indian Textiles sector to the world. This event witnessed participation of buyers from 105 countries international delegates and representatives and artisans and weavers. Enhanced Customs Duty to boost domestic manufacturing To boost indigenous production and Make in India Government has increased Basic Customs Duty from 10 to 20 on 501 textile products.Power Tex India A comprehensive scheme for powerloom sector was launched in April 2017 with an outlay of Rs. 487 crore for three years.

πŸ” Key Information

πŸ“„
Tender Reference No.
449248473
πŸ“…
Publication Date
28 Nov 2019
🌐
Sector
Technology Hardware and Equipment
πŸ“
Notice Type
News
πŸ“
Location
India

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Country India
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