c) Jute industry.
The Industrial Development Bank of India (IDBI), the Small
Industries Development Bank of India (SIDBI), and the Industrial Finance
Corporation of India Ltd. (IFCI) are the nodal agencies for the Non-SSI textile
sector, SSI textile sector and Jute sector, respectively. However, in 2005, 13
additional nodal banks have also been appointed under TUFS for determining
eligibility & releasing subsidy for cases financed by them.
Monitoring and Review of the Scheme:
For the monitoring and review of the
scheme, an Inter-Ministerial Steering Committee (IMSC), under the chairmanship
of the Secretary (Textiles), has been constituted. This committee normally
meets on a quarterly basis. A Technical Advisory cum Monitoring Committee
(TAMC) under the Chairmanship of the Textile Commissioner has also been
constituted to interpret, or clarify technical issues raised by any of the
nodal agencies, regarding the eligibility of any unit or machinery under the
scheme. TAMC also provides technical advice to the IMSC and also monitors the progress on a regular basis. To make the Scheme more user friendly, nearly 200 amendments have
been made in the scheme since it was launched.
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