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Union Budget: industries submit demands

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With just a few more days for the Union budget, industries in Coimbatore and Tiruppur districts have submitted their demands to the government.
The Southern India Mills Association has sought allocation of ₹9,000 crore for the Technology Upgradation Fund Scheme. Of this, nearly ₹6000 crore is needed to meet the committed liabilities under earlier versions of the scheme. Since the industry is on path to recovery, necessary fund allocation and speedy disbursal of the subsidy will not only support the industry but will also help the Indian economy to grow at a faster rate, it said.
It also sought working capital for the mills to buy cotton and creation of a National Textiles Fund. This will help meet the financial needs of textile units for infrastructure creation and technology adoption. ....

Tamil Nadu , Tiruppur Exporters Association , Technology Upgradation Fund Scheme , National Textiles Fund , Southern India Engineering Manufacturers Association , Customs Department Under Tariff Headings , Southern India Mill Association , Coimbatore District Small Industries Association , Technology Upgradation Fund , National Textiles , Customs Department , Tariff Headings , Bamboo Fibre , Customs Tariff Act , Income Tax , Emergency Credit Line Guarantee , Emergency Credit Line Guarantee Scheme , தமிழ் நாடு , திருப்பூர் ஏற்றுமதியாளர்கள் சங்கம் , தொழில்நுட்பம் மேம்படுத்தல் நிதி திட்டம் , தேசிய ஜவுளி நிதி , தெற்கு இந்தியா பொறியியல் உற்பத்தியாளர்கள் சங்கம் , சுங்க துறை கீழ் சுங்கவரி தலைப்புகள் , தெற்கு இந்தியா ஆலை சங்கம் , கோயம்புத்தூர் மாவட்டம் சிறிய தொழில்கள் சங்கம் , தொழில்நுட்பம் மேம்படுத்தல் நிதி ,