CCEA approves ATUFS in place of RRTUFS
Q. CCEA has approved introduction of ATUFS. What is the full form of this scheme?- Published on 31 Dec 15a. Amended Technology Updation Fund Scheme
b. Amended Technology Upgradation Fund Scheme
c. Amendment Technology Upgradation Fund Schedule
d. None of the above
ANSWER: Amended Technology Upgradation Fund Scheme
CCEA chaired by PM Narendra Modi has approved the introduction of ATUFS or Amended Technology Upgradation Fund Scheme in place or Revised Restructured Technology Upgradation Fund scheme for technology upgradation of the textiles industry with effect from the date of notification of the scheme. New scheme targets employment generation and export as well as promotion of Technical Textiles. Office of Textile Commissioner has been reorganised and set up in each state. Implementation of the scheme would be executed under ITUFS launched in April 2015.
