Circular No.ES/29/2018-19 April 20, 2018
To: Members of the Council
Sub.: Evaluation/ Assessment of the committed liabilities data submitted by lending agencies for reimbursement of subsidy for term loans sanctioned under MTUFS (List 1 & 2) and RTUFS by NABCONS
The Council is pleased to inform you that Shri Sri Narain Aggarwal, Chairman, SRTEPC has been appointed as the Member of the Committee setup by Ministry of Textiles, Government of India in pursuant to the decision taken by Inter Ministerial Steering Committee (IMSC) under Amended Technology Up- gradation Scheme (ATUFS) held on 23rd March, 2018.
The said Committee is formed to examine the issues relating to finalization of the third party evaluation entrusted to NABCONS by Textile Commissioner for assessing the committed liabilities data submitted by lending agencies for reimbursement of subsidy for term loans sanctioned under MTUFS and RTUFS.
The meeting of the said Committee chaired by the Secretary (Textiles) was held on 19th April, 2018 at New Delhi and the major points emerged out of the discussion during the meeting are as follows:-
Members who are having pending Subsidy claims under MTUFS (List 1 and 2) and RTUFS are requested to approach their Banks/ Lending Agencies for submission of the above said authenticated documents to NABCONS and pursue the matter.
Members may kindly make a note of the above and do the needful.