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REGISTERED NO. D. (D)-72

The Gazette of India

EXTRAORDINARY

PART I—Section 1

PUBLISHED BY AUTHORITY

No. 59] NEW DELHI, WEDNESDAY, MARCH I D, 1976/PHALGUNA 20, 1897

Separate paging is given to this Part in order that it may be filed as a separate compilation

MINISTRY OF FINANCE

(Department of Banking)

RESOLUTION

New Delhi, the 10th March 1976

No. F.2-17/76-AC.—Government have been considering for sometime past the mea- JWres to be taken for meeting the consumption needs of small farmers, landless labourers and rural artisans, consequent on the measures recently taken by State Governments for moratorium, discharge and scaling down of debts from the non-institutional sources, tt las now been decided to set up on Expert Committee consisting of the following persona

Chairman

1. Shri B. Sivaraman, Member, Planning Commission, New Delhi.

Members

2. Shri N. C. Sen Gupta, Secretary, Department of Banking, Ministry of Finance, New Delhi.

3. Shri K. S. Narang, Secretary, Deptt. of Agriculture, Ministry of Agriculture and Irrigation, New Delhi.

4. Shri I. J. Naidu, Secretary, Deptt. of Rural Development, Ministry of Agriculture and Irrigation, New Delhi.

5. Dr. C. D. Datey, Executive Director, Reserve Bank of India, Central Office Bombay.

(249)

6. Shri O. V. K. Rao, Chief Secretary, Govt. of Karnataka, Bangalore, 7. Shri B. R. Gupta, Chief Secretary, Govt. of West Bengal, Calcutta.

8. Shri B. B. Tandon, Secretary and Administrator, 20-Point Proaramme, Govt. of Uttar Pradesh, Lucknow.

9. Shri V. M. Bhide, Chairman and Managing Director, Bank of Maharnahtr*.

Poona.

Member-Secretary

10. Shri K. P. A. Menon, Joint Secretary, Deptt. of Banking, Now Delhi.

One or two members may also be coopted, if considered necessary.

2. The terms of reference of this Committee will ho as follows:

(i) To study the impact of the moratorium, discharge and scaling down of rural indebtedness of the small/mar"inai farmers, licdlew labourer* and rural artisans so far as their genuine and inescapable consumption credit need! are concerned.

(U) To inquire into the purpose for which such consumption credits wer" availed o& (Hi) To assess broadly the credit gap in respect of consumption loans consequent on these measures.

0v) To review the present position of availability of consumption credit to such people from institutional sources.

(v) To make recommendations as to the purposes for and tho agencies from which such consumption loans are to be provided.

(vO To make recommendations on any matter incidental to the terms of reference, aa the Committee may consider necessary.

3. The Committee will start functioning with immediate effect and will submit in report by th" 31st March, 1976.

ORDER

Ordered thit a copy of the Resolution be communicated to the Cabinet Secretariat, the Prime Minister's Secretariat, all the Ministries/Departments of the Govt. of India, tho Planning Commission, the State Governments and the Govarnmenu/Adminisiratiom of Union Territories.

Ordered aUo that the Resolution be published In tho Gazette of India Extraordinary dated the 10th March, 1976 for general information.

K C. SEN OUPTA, Sec*