Textiles Minister S Vaghela pilots bill for JMDC & NCJD merger to create NJB
23 May '06
2 min read
Union Textile Minister, Shankersinh Vaghela, introduced a bill seeking to establish National Jute Board by merging the existing Jute Manufacturers Development Council (JMDC) and the National Centre for Jute Diversification (NCJD) along with their manpower and assets.
This is considered as a major initiative for a single agency to promote entire jute sector.
Head office of the Board would be located at Kolkata in West Bengal and will comprise 20 members from the jute sector representing the jute industry, labour institutions and organisations functioning within the sector and from the Ministries of Textiles, Agriculture and Food and Public Distribution System.
Secretary of Ministry of Textiles will be ex-officio Chairperson of the Board.
Main functions of the Board will be to promote the development of jute industry and jute products; to promote production of better quality raw jute; to enhance productivity of raw jute; to promote and undertake arrangements for better marketing and standardization of the prices of raw jute; to assist and encourage studies and research for improvement of processing, quality and packaging of raw jute; to provide and create necessary infrastructure facilities and conditions conducive to the development of diversified jute products; to provide financial assistance by way of subsidy or seed capital.
Jute Manufacturers Development Council (JMDC) and National Centre for Jute Diversification (NCJD) will have to transfer property and contract such as agreement, working arrangements, licences, permits, quotas and exemptions to the Board.
Under the I.T Act, 1961, National Jute Board will be entitled for tax exemptions or benefits available to the Council or the Society.
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