|Consider the following statements related to Anended Technology Upgradation Fund Scheme (AUFS).|
|1. It replaces the Revised Restmctured-Technology Upgradation Fund Scheme (RR-TUFS) for technology|
|Upgradation of the textiles industry in 2015.|
|2. The Technology Upgradation Fund Scheme (TUFS) was introduced in 2000 for making the textile industry globally.|
|3. It targets employment generation to women particular and export by encouraging apparel and garment industry.|
|4. Under it, the office of Textile Commissioner (TXC) is to be reorganised and its office to be set up In New Delhi.|
|Which of the statements given above are incorrect?|
A) 1 and 3
B) 2 and 4
C) 3 and 4
D) None of these
Correct Answer: B
Solution :[b] The Union Government introduced the Amended Technology Upgradation Fund Scheme (AT'' o) in 2015 in place of existing Revised Restructured Technology Upgradation Fund Scheme (RR-TUFs) for Technology Upgradation of the textile industry. The Technology Upgradation Fund Scheme was introduced in 1999 for the first time for making the textile industry globally. The new scheme specifically targets 1. Employment generation and export by encouraging apparel and garment industry, which will provide employment to women in particular and increase India's share inglobal exports. 2. Promotion of Technical Textiles, a sunrise sector, for export and employment. 3. Promoting conversion of existing looms to better technology looms for improvement in quality and productivity. 4. Encouraging better quality in processing industry and checking need for import of fabrics by the garment sector. The amended scheme would give a boost to 'Make in India' in the textiles sector Office of Textile Commissioner (TXC) is to be reorganised; its offices to be set up in each state. The implementation of the scheme would be execute and monitored online under iTUFS, launched in April, 2015.
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