REGISTERED No. D.(D)-72
The Gazette of India
EXTRAORDINARY
PART I—Section 1
PUBLISHED BY AUTHORITY
No. 211] NEW DELHI, FRIDAY, OCTOBER 28, 1977/KARTIKA 6, 1899
Separate paging is given to this Part in order that it may be filed as a separate compilation
MINISTRY OF COMMERCE, CIVIL SUPPLIES AND CO-OPERATION
(Department of Textiles)
RESOLUTION
New Delhi, the 28th October 1977
SUBJECT.—Study Group to review the working of the R.B.I Scheme for Hand- loom Finance.
No. 6(7)/77/Coop.—Government of India have decided to constitute a Study Group to review the working of the R BI Scheme for Handloom Finance under the Chairmanship of Dr. M V. Hate, Chief Officer, Reserve Bank of India, Agri- cultural Credit Department, Bombay The following are nominated as members of the Study Group.—
1. Dr. M V Hate, Chief Officer, Agricultural Credit Department, Reserve Bank of India.
2. Shri B. C. Patnaik, Deputy Secretary, Banking Wing, Department of Eco-
(1219)
X120 '28% tlA^mVE Otf INDIA EXTRAORDINARY JPART. 1—£>LC. i5. Shri S. N. Shukla, Director of Handlooms, Government of Uttar Pradesh b. Shri M. P. Pinto, Director of Handlooms & Textiles, Government uf
Maharashtra.
7 Shri B. B. Mohanty, Director of Handlooms & Textiles, Government oi Orissa.
8. Registrar of Cooperative Societies, Government of Bihar 9. Managing Director of State Cooperative Bank, Karnataka 10. Managing Director of State Cooperative Bank, Andhra Pradesh, 11. Shri L. V. Saptharishi, Deputy Development Commissioner for Hand-
looms, Member— Secretary.
2. The Study Group shall have the following terms of reference,—
(a) To review generally the working of the scheme for financing of Hand- loom weavers through co-operative societies/banks out of refinance from the Reserve Bank of India and to suggest modifications and im- provements in the working of the Scheme, if required.
(b) To Btudy the specific role played by the central co-operative banks and state co-operative banks in arriving at the quantum of credit required for financing of handloom weavers and to indicate a more eilective role for the banks for the purpose so that the credit estimates and the credit limit applications are realistic.
(c) In the light of the above, to assess the credit requirements oi hand- loom weavers' co-operative societies including the Apex Societies during the next two or three years and to give a broad indication oi the magmtude of financial requirements and in this connection make suitable recommendations in regard to strengthening of the primary weavers societies/Apex Societies etc. and also of the co-operatlvo financing banks.
(d) To study the present position in regard to arrangements for co ordina- tion at the state level and district/regional level in regard to hand- loom financing between the Co-operative Department, Industries Depart- ment/Directorate of Handloomg and Co-operative Banks and to point out the existing inadequacies, if any, and make suitable recommenda- tions for remedying them.
(e) To consider any other problem which ia relevant to the above terms of
reference and make recommendations.
3. The Study Group is requested to submit its report to Government by the first week of January 1978.
DAULAT RAM, Dy. Secy
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1522 T HE GAZETTE OF INDIA EXTRAORDINARY PART I—SEC. 1PHTTTTED BY THE GENERAL MANAGER GOVERNMENT OF INDIA PRESS. MINTO BOAD.