New Delhi, Feb 6:
The Union Textile Ministry has urged Finance Minister P Chidambaram to hike budgetary allocation under the Technology Upgradation Fund Scheme.
The ministry has demanded 110 billion rupees allocation for the Eleventh Five Year Plan against its earlier 40 billion rupees for clearing the backlogs under the scheme since December 2006 and funding the upcoming projects.
Officials in the ministry are confident that the Expenditure Finance Commission would clear the proposal.