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1. 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:
| 1) |
Secretary, Ministry of
Textiles, Govt. of India (GOI) |
Chairman |
| 2) |
Secretary, Department
of Expenditure, GOI |
Member |
| 3) |
Secretary Ministry of
Commerce, GOI |
Member |
| 4) |
Secretary, Ministry of
Industry, GOI |
Member |
| 5) |
Secretary, Department
of Banking, GOI |
Member |
| 6) |
Addl.Secretary &
Financial Advisor, MOT, GOI |
Member |
| 7) |
Textile Commissioner,
MOT, GOI |
Member |
| 8) |
Jute Commissioner,
MOT, GOI |
Member |
| 9) |
Adviser, Planning
Commission (in-charge
of the textile industry) |
Member |
| 10) |
Chairman &
Managing Director of the IDBI |
Member |
| 11) |
Chairman &
Managing Director of the SIDBI |
Member |
| 12) |
Chairman &
Managing Director of the IFCI |
Member |
| 13) |
Dy. Governor of
Reserve Bank of India |
Member |
| 14) |
Chairman of EXIM Bank
|
Member |
| 15) |
President of
Federation of Indian Textile
Engineering industry (FITEI)
|
Member |
| 16) |
Chairman of the Indian
Cotton Mills
Federation (ICMF) |
Member |
| 17) |
Chairman of Federation
of Indian Art Silk
Weaving Industry (FIASWI) |
Member |
| 18) |
Chairman of Indian
Woollen Mills
Federation (IWMF) |
Member |
| 19) |
Chairman of Powerloom
Development and
Export Promotion Council (PDEXCIL)
|
Member |
| 20) |
Chairman of Indian
Jute Mills Association (IJMA) |
Member |
| 21) |
Chairman of Clothing
Manufacturers Association
of India (CMAI) |
Member |
| 22) |
Joint Secretary
(in-charge of the TUFS) |
Member-Secy.
|
2.Functions
of the Committee:
The
functions of the Steering Committee are as
follows:
|
| |
| (i)
|
The Committee will
lay down norms and guidelines for operationalising the TUF
Scheme, including details such as period 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.
|
| (ii)
|
The Committee would
periodically review the functioning of the scheme
|
| (iii)
|
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.
|
| (iv)
|
The Committee would
also take/suggest necessary corrective measures.
|
| (v) |
The Committee may
appoint adhoc committees to advise in the effective
implementation of the TUFS.
|
| (vi) |
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.
|
| (vii) |
The Committee, would
keep the Government apprised of the direction and extent of
the implementation of the scheme.
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3.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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