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Inter-Ministerial
Steering Committee
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| Constitution
Of The Committee |
The
Ministry of Textiles have constituted an Inter-Ministerial Steering
Committee for laying down policies, norms and guidelines on
a macro-basis for operationalising the TUF Scheme. The composition
of the Committee is as follows :
- Secretary, Ministry of Textiles, Govt.
of India (GOI) Chairman
- Secretary, Department of Expenditure,
GOI Member
- Secretary, Ministry of Commerce, GOI
Member
- Secretary, Ministry of Industry, GOI
Member
- Secretary, Department of Banking, GOI
Member
- Addl. Secretary & Financial Advisor,
MOT, GOI Member
- Textile Commissioner, MOT, GOI Member
- Jute Commissioner, MOT, GOI Member
- Adviser, Planning Commission(in-charge
of the Textile Industry) Member
- Chairman & Managing Director of
the IDBI Member
- Chairman & Managing Director of
the SIDBI Member
- Chairman & Managing Director of
the IFCI Member
- Dy. Governor of Reserve Bank of India
Member
- Chairman of EXIM Bank Member
- President of Federation of Indian Textile
Engineering Industry Member
- Chairman of the Indian Cotton Mills
Federation (ICMF) Member
- Chairman of Federation of Indian Art
Silk Weaving Industry (FIASWI) Member
- Chairman of Indian Woollen Mills Federation
(IWMF) Member
- Chairman of Powerloom Development and
Export Promotion Council (PDEXCIL) Member
- Chairman of Indian Jute Mills Association
(IJMA) Member
- Chairman of Clothing Manufacturers Association
of India (CMAI) Member
- Joint Secretary (in-charge of the TUFS)
Member-Secretary
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| Functions
Of The Committee |
The
functions of the Steering Committee are as follows :
- The Committee will lay down norms and
guidelines for operationalising the TUF scheme, including
details such as periods of repayment, margin money requirements
etc. Such guidelines, however, will not be repugnant to
those laid down by the nodal agencies for assessing the
techno-economic feasibility, commercial viability and bankability
of the proposals submitted by prospective units under the
TUFS.
- The committee would lay down guidelines
defining the term ‘technology upgradation’ ensuring, inter-alia,
improvement in the processing quality of fabrics, establishment
of brand equity and, in short, higher unit value realisation
and better quality for the products. Stress will be given
on upgradation of existing manufacturing facilities and
not through replacement of old machines with new ones of
the same technology levels.
- The committee would periodically review
the functioning of the scheme.
- The committee would appraise at its
meetings the functioning of the scheme every two years to
assess the direction and extent to which the objectives
of the scheme have been fulfilled and provide directions
for an effective implementation of the same.
- The committee would also take/suggest
necessary corrective measures.
- The committee may appoint adhoc committees
to advice in the effective implementation of the TUFS.
- The committee will meet at least once
in a quarter during the first year of the implementation
of the scheme and at least once in six months thereafter,
or as often as necessary.
- The committee, would keep the Government
apprised of the direction and extent of the implementation
of the scheme.
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| Miscellaneous |
3.1
The expenses on TA & DA, if any, will be borne by the respective
departments in respect of Government officials, whereas non-officials
will be entitled to claim TA & DA as per OM No. F.6(26)-R-IV/59,
dated September 5, 1960 of the Ministry of Finance (Department
of Expenditure), as amended from time to time.
3.2 Secretariat assistance will be provided by the Textile Commissioner. |
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