High Powered Committee

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Department of Commerce, Government of India, has constituted a High Powered Committee vide its Order No. F.No.3/9/2003- Plant (C) dated the 29th April,2003 for operating and monitoring the Price Stabilisation Fund and to provide guidance regarding policy issues for the Price Stabilisation Fund Scheme. Names of Members of High Powered Committee is given hereunder:

1. Additional Secretary (Plantations)
Department of Commerce 		CHAIRMAN
2. Additional Secretary and Financial Advisor
Department of Commerce		 Member
3. Joint Secretary (EP-Agri Division)
Department of Commerce		 Member
4. Joint Secretary (Banking Division – NABARD Affairs)
Ministry of Finance 		Member
5. Director/Deputy Secretary(Plantations)
Department of Commerce		 Member
6. Chairperson , NABARD Member
7. Chairperson, Coffee Board Member
8. Chairperson, Rubber Board Member
9. Chairperson, Tea Board Member
10. Chairperson, Tobacco Board Member
11. Shri YC Nanda, ex-chairman, NABARD Member
12. Shri Anil Sharma, Senior Principal Economist,
NCAER,New Delhi		 Member
13. VACANT Member
14. Chief Executive Officer, PSF Trust Member Secretary

 

The terms and reference of the Committee will be as follows :

1. Policy issues related to the operation of the scheme keeping in view the medium as well as long term perspectives.
2. To decide and notify the price spectrum band in each crop year.
3. Broad allocations of the available resources from the corpus earnings.

The meetings of the Committee will coincide with the commencement of the concerned crop seasons. The Committee will endeavour to make the Price Stabilisation Fund Scheme under this corpus self sustaining and assist the growers to become increasingly self-dependent.