TUF scheme of the Ministry of Textiles, Government of India can be cited as one of the best examples to demonstrate the influence of government fiscal policy and focused financial assistance

TUFS, when launched in 1999, had an objective to grow India´s iconic textile industry and to a certain stage it did achieve that purpose.

TUFS scheme has been serving as ´Sanjivani´ (Life Giving) for textile sector till date. It was introduced with an aim to boost investments into textile sector.

TUF scheme had been operating quite effectively over the last few years since its launch in the year 1999 and has been instrumental in fueling modernisation and capacity expansion in the textile industry.