What is SS Kohli committee?
The RBI in November 2000 had appointed the working group under the chairmanship of SS Kohli the chairman of the Indian Bank Association to review the existing guidelines in regard to rehabilitation of sick units in the small-scale industrial sector and to recommend the revision of the guidelines making them transparent …
Which Committee gave the recommendation of SSI credit?
High Level Committee on Credit to SSI As you are aware, RBI had appointed a one-man High Level Committee headed by Shri S.L. Kapur, (IAS, Retd.), Former Secretary, Government of India, Ministry of Industry to suggest measures for improving the delivery system and simplification of procedures for credit to SSI sector.
What are the important recommendation of kapoor Committee?
1.1 Out of 126 recommendations of the S.L. Kapur Committee, 88 have already been accepted and implemented by banks/other agencies which inter-alia includes important recommendations such as (a) delegation of more powers to branch managers to grant ad-hoc limits, (b) simplification of application forms, (c) freedom to …
What are remedies of industrial sickness?
Some of the remedial measures to curb and overcome sickness in industrial undertakings are as follows:
- Identifying sickness at initial stage.
- Financial assistance.
- Improving Infrastructure.
- Technology Up-gradation.
- Marketing assistance.
- Liquidation.
- Government Interventions.
- Training.
Which committee recommended abolition of reservation of items of small scale sector in industry?
Q. Which one of the following committees recommended the abolition of reservation of items for the small scale sector in industry? Notes: Abid Hussain Committee (1997) recommended total dereservation and desired replacing policy of reservation with a policy of promotion and strengthening of small scale units.
Who proposed NABARD?
B.Sivaramman Committee
NABARD was established on the recommendations of B. Sivaramman Committee (by Act 61, 1981 of Parliament) on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981.
Who is the founder of NABARD?
Shri B. Sivaraman
The Committee was formed on 30 March 1979, under the Chairmanship of Shri B. Sivaraman, former member of Planning Commission, Government of India.
Which bank revives sick industrial units?
the Industrial Reconstruction Bank of India
(v) The Industrial Reconstruction Corporation of India (IRCI), established by the Government to revive and rehabilitate sick units, was in 1985 converted into a statutory corporation now known as the Industrial Reconstruction Bank of India (IRBI) with the aim of overcoming the inherent difficulties which had been faced …
What is Sashakt?
What is Project Sashakt? Project Sashakt was proposed by a panel led by PNB chairman Sunil Mehta to help consolidate stressed assets. Bad loans of up to ₹ 50 crore will be managed at the bank level, with a deadline of 90 days.
Which committee recommended the promotion of small scale industries?
In 1955, the ‘Karve committee’ was constituted for aiming for the ‘growth and development of small-scale industries’. Explanation: The committee focused on the ‘promotion of small-scale’ industries for rural development.