During the 11th Five-Year Plan, projects worth Rs. 194,895 crores were sanctioned under the Technology Upgradation Fund Scheme (TUFS). After debt restructuring, if an account becomes a non-performing asset (NPA), interest reimbursement won’t be available. It will be available from the date of coming out of the NPA category.
Restructured TUFS aimed to catalyze project investments of Rs. 46,500 crores in 2011-12 with a subsidy allocation of Rs. 1,972 crores. Against this investments of Rs. 27,000 crores have been catalyzed with a subsidy disbursal of Rs. 166 crores.
