No. 28(19)/2000/MS/ Dated : 13-6-2000
Circular No : 4
(2000 - 2001 Series)

Technology Upgradation Fund Scheme
 

A meeting was held on 18-5-2000 in the IDBI under the Chairmanship of Secretary (Textiles) with senior reprresentatives of the Nodal Agencies (NAs) and Financial Institutions to discuss the implementation issues of the Technology Upgradation Fund Scheme (TUFS). In the said meeting, it was decided that in respect of thrust campaigns of the TUFS, the accent should shift from creation of awareness to fafcilitation and problem solving. Accordingly, the Textile Commissioner has desired that in the interactive programmes on TUFS proposed to be organised by the Regional Offices which should be in the facilitation workshop format rather than lecture and question-answer format, only the potential investors should be invited. A format has been prepared for compling the information in respect of potential investors. The same is enclosed. The filled in formats in respect of potential investors invited for a particular session should be sent to the Head Office prior to the respective interactive sessions. In the enclosed format, the columns "any problem faced in getting the loan" (sr.no.13 of the format) and "nature of the assistance required" (sr.no.14 of the format) have been provided. Such information will provide the details of the difficulties faced by the potential investors and also the nature of assistance / facilitation required by the individual investors.

2. Representatives of the Nodal Agencies and PLIs operating in the centre / region should be present to provide on the spot guidance. In the interactive sessions, the problems faced by each of the investors should be discussed to find out the solutions. Likewise, measures or ways to provide all type of legitimate / reasonable assistance sought by each of the investors should be discussed. If assistance and/or problems indicated by the potential investors relate to State Government or any other Govt./semi Govt. agency, the concerned officials of the said organisation may also be invited for such sessions to sort out the problems in the session itself. All efforts should be made to remove all the handicaps/problems faced by potential investors in the interactive session itself to facilitate their access to the TUFS. In case it is not possible to sort out problems of the investors in the inter active session itself, the matter should be followed up by the regional officer-in-charge to sort it out due course and if necessary, the assistance of the Head office in sort out such problems should be sought. After each session, the Regional Officer-in-charge should submit a detailed report of the discussions in the meeting to the Textile Commissioner highligting the achievements of the session and policy / operational issues, if any, that need to be taken up at the higher levels.

3. The Textile Commissioner has directed that the above guidelines for organising the inter-active programmes on TUFS should be strictly adhered to in order to improve the coverage under TUFS.

Sd/-          
(Smt. Shashi Singh)
Director      



FORMAT FOR COMPILING THE INFORMATION IN RESPECT OF
POTENTIAL INVESTORS UNDER TUFS FOR INTERACTIVE SEMINARS
 
Name of the Regional Office of the Textile Commissioner:
 
1. Name & address of the unit
Tel.No.
Fax No
E-mail No
:      
2. Major activity :      
3. Type of products produced :      
4. Productwise production
during last 2 years
: Product 1998-99 1999-2000
5. Exports during the last 2 years,
if any (Rs. thousand)
:   1998-99 1999-2000
6. Name of the Banker of the firm :      
7. Activity/product for which
loan required
:      
8. New unit or Expansion or
Technology Upgradation
:      
9. Timeframe of the project :      
10. Estimated cost of the project :      
11. Estimated amount of the loan
required
:      
12. Source of promoter's contribution :      
13. Name of bankers/Fls to be
approached for loan
:      
14. Any problem faced in getting
the loan
:      
15. The nature of assistance/
facilitation required
:      
      Name
Signature