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canara bank
  • About Us
    • Board of Director
  • Financial Results
  • PMJDY and Financial Inclusions
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  • E Auction Properties
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Got any Questions?
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Toll Free Numbers

1800 425 0018
1800 103 0018
1800 208 3333
1800 3011 3333


Non Toll Free Numbers
(if calling from outside India)

+91-80-22064232

Customers are requested to call on our
mentioned Toll Free Numbers only for any
complaints/issues. Bank shall not be
responsible for any consequences arising
out of customers calling any other
unverified numbers.

TUF Schemes

TUFS CELL

Technology Upgradation Fund Schemes CELL 

Our Bank has been appointed as "Nodal Agency" for implementation of the following Schemes, subsidy will be claimed from respective ministries accordingly

  • Technology Upgradation Fund Scheme (TUFS) of Ministry of Textiles.
  • Credit Linked Capital Subsidy Scheme (CLCSS) for Technology upgradtion of SMEs of Ministry of Micro Small Medium Entrepreneurs.(MOMSME)
  • Subsidy for Sugar Industries (SOFT LOAN 2018-19) of Ministry of Food, Civil & public distribution.

I) TUFS:

  • Scheme operated by Ministry of Textiles, Govt. of India thro’ Office of the Textile Commissioner, Mumbai
  • Old TUFS: TUFS introduced in 1999 and was in vogue till 31.03.2007.
  • Modified TUFS (MTUFS): From 01.04.2007 to 28.06.2010
  • Black out period: 29.06.2010 to 27.04.2011
  • Revised TUFS (RTUFS): From 28.04.2011 to 31.03.2012. Extended upto 31.03.2013
  • Revised Restructured TUFS (RRTUFS): From 01.04.2012 to 12.01.2016
  • Ministry of Textiles, Government of India has notified Amended Technology Upgradation Fund Scheme (ATUFS) with effect from 13.01.2016 to 31.03.2022.
  • These applications would be considered by the Ministry of Textiles on first-cum-first-served basis and subject to the availability of budgetary provisions.

The New Scheme (ATUFS) is in force from 13.01.2016

Scope of the Scheme: The Scheme is available for modernisation / expansion of existing units and for setting up of new units with benchmark level of technology in textile and jute industry

Activities covered:

Weaving, weaving preparatory & knitting, Processing of fibres, yarns, garments & made-ups, Technical textiles, Garment / made-up manufacturing, Handloom sector, Silk Sector, Jute sectorJute Industry.

The Technology Upgradation Fund Scheme envisages the following;

 

SI. No

Segment

Rate of Capital

Investment

Subsidy (CIS)

CIS per

individual

entity

1.

Garmenting, Technical Textiles

15% on eligible

Machines

Rs.30 crore

2.

Weaving for brand new Shuttle-less

Looms (incldg. Weaving preparatory and knitting), processing, Jute, Silk and Handloom.

10% on eligible

Machines

Rs.20 crore

3(a)

Composite unit /Multiple Segments – If eligible capital investment in respect of Garmenting and Technical Textiles category is more than 50% of eligible project cost.

15% on eligible

Machines

Rs.30 crore

3(b)

Composite unit/ Multiple Segments – If  eligible capital investment in respect of Garmenting and Technical Textiles category is less than 50% of eligible project cost.

10% on eligible Machines

Rs.20 crore

This is administered directly by the Textile Commissioners Office Mumbai.

O/o The Textile Commissioner, Ministry of Textiles, Government of India, Mumbai has, vide their Public Notice No. 5(2)/Physical Inspection/2022/ RTUFS/33 dated 31.03.2022, informed that their Competent Authority has accorded approval for opening up the window on i-TUFS portal once again for upload of six mandatory documents (as mentioned in the Public notice) in respect of cases under previous versions of TUFS (MTUFS,RTUFS & RRTUFS), during the period from 16.04.2022 to 30.04.2022, for facilitating constitution of Joint inspection Team and physical verification of the claimed machineries of ongoing accounts.

It has also been notified that all the concerned are requested to strictly adhere to the deadline and no further extension may be requested and may not be given.

For full details in this regard, please refer the above mentioned Public Notice, which is available on Ministry’s website http://www.txcindia.gov.in/.’’

 

II) Credit Linked Capital Subsidy Scheme (CLCSS) of MOMSME.
Scheme is continued from retrospective effect from 01.04.2017 to 31.03.2020.There is no continuation of the same from 01.04.2020.

Ministry of MSME vide Office Memorandum No. K-02/4/2021-SME dated 15.11.2021 has communicated that the ‘National Scheduled Caste and Scheduled Tribe Hub (NSSH)’ Scheme has been made applicable till 31.03.2026 and all the components under NSSH Scheme (including SCLCSS) shall remain co-terminus with the NSSH Scheme


Ministry of MSME, vide their Office Memorandum No.K-02/12/2021-SME, dated 11.04.2022, informed that they have decided to keep open the SCLCSS MIS portal throughout the year. They have further informed that Nodal Banks will submit applications on monthly/bi-monthly basis for reimbursement.


As per the above mentioned OM dated 11.04.2022, the timeline for acceptance of SCLCSS subsidy claims for Service and Manufacturing sector is now open for one year from the reference date as under:


i) SC/ST MSEs of Service sector: Submission of SCLCSS subsidy claims with reference dates from 15.11.2021 (w.e.f. date of issuance of NSSH revised guidelines i.e. 15.11.2021) and onwards.


ii) SC/ST MSEs of Manufacturing sector: Submission of SCLCSS subsidy claims with reference dates from 01.01.2022 and onwards (SCLCSS claims up to 31.12.2021 have already been submitted and subsidy has been released).


Claims under SCLCSS will be settled by NSIC with budgetary support under NSSH


Objective: The Scheme aims at facilitating technology upgradation by providing 15% upfront capital subsidy for General category and 25% upfront capital subsidy for SC/ST category to Micro small and medium entrepreneurs including tiny khadi village and coir industrial units on institutional finance availed for induction of well established and improved technologies in the specified sub sector / products approved under the scheme.


The Ministry of MSME vide Office Memorandum no K-02/4/2021-SME DATED 15.11.2021 informed the following.

1. SCLCSS scheme will also include the Service Sector. Accordingly, the SC/ST MSEs of both Service Sector and Manufacturing Sector are eligible for 25% subsidy under SCLCSS for procurement of equipmentsw.e.f. 15.11.2021.
2. The National Scheduled Caste and Scheduled Tribe Hub (NSSH) scheme has been made applicable till 31.03.2026 and all the components under NSSH scheme (including SCLCSS) shall remain co-terminus with the NSSH Scheme.

III) Ministry of Food, Civil and Public Distribution

1. SEFASU-2014:
The scheme was in operational for 5 years from June 2014 to June 2019. 


2. Soft Loan 2018-19:
The scheme was in operation for 1 year upto June 2020.
Government of India, Ministry of Food, Civil & Public Distribution, Department of Food & Public Distribution (DFPD) vide Gazette Notification dated 02.03.2019 notified the Scheme for extending Financial assistance to Sugar Undertakings with a view to improve their liquidity position for enabling them to clear cane price arrears of previous sugar seasons and timely settlement of cane price of current sugar season due to farmers, relating to the Fair and Remunerative Price (FRP) fixed by the Central Government, under the “Scheme for Extending Soft Loan to Sugar Mills to facilitate payment of cane dues of the farmers for the current sugar season 2018-19”. The concerned units will be eligible for 7% Interest Reimbursement subsidy for a maximum period of 1 year from the date of disbursement for loan. NABARD is the Nodal Agency. Loan sanctioned up to 31.07.2019 and disbursed by 31.08.2019 would be covered under the scheme.


Contact details

1. Mr. Ullas Kumar
Deputy General Manager
Tel: 22201507/9945665554/6366788009
Email:ullas@canarabank.com

2. Mr Naveen Rawat
Divisional Manager
Tel: 22268717/ 8951357921
Email:naveenrawat@canarabank.com

3. Mr. Ratnesh Kumar Sinha
Senior Manager
Tel: 22203233/8951349054
Email:ratneshsinha@canarabank.com
hotufscell@canarabank.com




Last updated on 22.04.2022

Got any Questions?
Call us Today!

Toll Free Numbers

1800 425 0018
1800 103 0018
1800 208 3333
1800 3011 3333


Non Toll Free Numbers
(if calling from outside India)

+91-80-22064232

Customers are requested to call on our
mentioned Toll Free Numbers only for any
complaints/issues. Bank shall not be
responsible for any consequences arising
out of customers calling any other
unverified numbers.
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Last Updated on: 22/04/2022 |   Visitors: 13792        

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