Ques: In which of the following date, the Cabinet Committee on Economic Affairs (CCEA) has approved the “Amended Technology Upgradation Fund Scheme (ATUFS)”?
(a) December 30, 2015
(b) December 28, 2015
(c) December 25, 2015
(d) December 20, 2015
Ans (a)
Related facts
- In December 30, 2015 the Cabinet Committee on Economic Affairs (CCEA) has approved the introduction of “Amended Technology Upgradation Fund Scheme (ATUFS).
- It is notable that the amended scheme would give a boost to “Make in India” in the textiles sector; it is expected to attract investment to the tune of one lakh crore rupees, and create over 30 lakh jobs.
- A budget provision of Rs.17,822 crore has been approved, of which Rs. 12,671 crore is for committed liabilities under the ongoing scheme, and Rs. 5,151 crore is for new cases under ATUFS.
Reference