National Jute Board Rules, 2010

The National Jute Board Rules, 2010

Published vide Notification New Delhi, the 4th August, 2010

Act2306

Ministry of Textiles

G.S.R. 657(E). - In exercise of the powers conferred by Section 21 of the National Jute Board Act, 2008 (12 of 2009) and in supersession of the Jute Manufactures Development Council (Procedural) Rules, 2002, except as respects things done or omitted to be done before such supersession, the Central Government hereby makes the following rules, namely :-

  1. Short title and commencement.- (1) These rules may be called the National Jute Board Rules, 2010.

(2) They shall come into force on the date of their publication in the Official Gazette.

  1. Definitions.- (1) In these rules, unless the context otherwise requires,-

(a) "Act" means the National Jute Board Act, 2008;

(b) "Form" means Form appended to these rules,

(2) Words and expressions used herein and not defined, but defined in the Act, shall have the meanings respectively assigned to them in the Act.

  1. Powers and duties of Chairperson.- Subject to the provisions of the Act, the Chairperson shall be responsible for the overall supervision of the functioning of the Board.
  2. Powers and functions of Vice-Chairperson.- The Vice-Chairperson shall preside over the meetings of the Board in the absence of the Chairperson.
  3. Term of office of member.- A member shall hold office for a term of two years from the date on which he enters upon his office.
  4. Filling of vacancy of members.- (1) A vacancy of the member of the Board, other than the ex officio member, shall be filled by nomination or appointment, as the case may be, by the Central Government in the manner specified in sub-section (4) of Section 3.

(2) A member nominated or appointed, as the case may be, to fill up a vacancy shall hold office for the remainder of the term of office of the member in whose place he has been so nominated or appointed.

  1. Annual Report.- The Board shall prepare its annual report in Form 1 and submit a copy thereof to the Central Government before 31 August of the following year and the Central Government shall place such annual report on the Table of both Houses of Parliament.
  2. Annual statement of accounts and other relevant records.- (1) At the end of a period of twelve months ending with 31st March of every year, the Board shall prepare the following financial statements :-

(i) Balance Sheet in Form 2;

(ii) Income and Expenditure Account in Form 3;

(iii) Receipts and Payments Account in Form 4,

(2) The annual statement of accounts duly approved by the Board shall be submitted to the Comptroller and Auditor-General of India on or before 30th June following the year to which the accounts relate who shall audit the accounts of the Board and report thereon.

(3) The annual statement of accounts duly adopted by the Board and after certification by the Comptroller and Auditor-General of India, together with the auditor's report thereon, shall be submitted by the Secretary of the Board to the Central Government before 30th September following the year to which the accounts relate.

(4) The Balance Sheet, Income and Expenditure Account, Receipts and Payments Account mentioned in clause (1) shall after approval by the Board be signed by the Secretary of the Board.

Form 1

Form of Annual Report

  1. Contents:
  2. Highlights of national jute board

Introduction

Major achievements in Research and Development

Policy intervention during the year

Parliament related matters

Right to Information (RTI) Act, 2005

Official Language

  1. Functions And Organisational Set up

Introduction

Constitution of the Board

Meetings of the Board and Standing Committee

Staff Strength of National Jute Board

Implementation of reservation policy of the Central Government in National Jute Board

Recruitment of persons with disabilities under National Jute Board

Organisational chart and units of National Jute Board

Regional Offices and Regional Development Offices

Computerisation in National Jute Board

International Collaboration

Consultancy

Vigilance

Implementation of Official Language Policy

Public Information Cell

  1. Finance And Accounts

Receipts of Grant-in-Aid and Expenditure

Provision approved for the year --------

Internal Audit

  1. Projects/schemes

Implementation of Catalytic Development Programme and other Programmes during XI Plan (2007-12)

Projects with overseas funding

Projects with Research and Development Funds

  1. Research And Development And Extension

Highlights of Research and Development in National Jute Board

  1. National Jute Board Support Services

Training

Publicity programmes, Press and Media Relations

Jute seed production and supply

Market support

  1. Jute Statistics

Raw jute production

Prices of raw jute

Jute Goods Exports and Imports

Graphs

Annexures

List of Board Members

Abbreviations

Form 2

Form of Financial Statements (Not-Profit Organisations)

Name of Entity ________________________________

Balance Sheet as at _______________________________

(Amount-Rs.)

Corpus/capital Fund and Liabilities Schedule Current Year Previous Year
Corpus/Capital Fund 1 .. ...
Reserves And Surplus 2 .. ...
Earmarked/Endowment Funds 3 .. ..
Secured Loans and Borrowings 4 .. ...
Unsecured Loans And Borrowings 5 .. ...
Deferred Credit Liabilities 6 .. ...
Current Liabilities and Provisions 7 .. ..
Total .....   .. ...
ASSETS   .. ...
Fixed Assets 8 .. ...
Investments - From Earmarked/Endowment Funds 9 ... ...
Investments - Others 10 .. ...
Current Assets, Loans, Advances Etc. 11 .. ...
Miscellaneous Expenditure      
(to the extent not written off or adjusted)      
Total .....   .. ...
Significant Accounting Policies 24    
Contingent Liabilities and Notes on Accounts 25    

Form 3

Form of financial statements (Non-Profit Organisations)

Name of Entity_________________________

Income and Expenditure Account for the Period/Year Ended______________________________

(Amount-Rs.)

Income Schedule Current year Previous Year
Income from Sales/Services 12 .. ..
Grants/Subsidies 13 .. ..
Fees/Subscriptions 14 .. ..
Income from Investments (Income on Investment From earmarked/endow. Funds transferred to Funds) 15 .. ..
Income from Royalty, Publication etc. 16 .. ..
Interest Earned 17 .. ..
Other Income 18 .. ..
Increase/(decrease) in stock of Finished goods and works-in-progress 19 .. ..
Total (A)      
Expenditure      
Establishment Expenses 20 .. ..
Other Administrative Expenses etc. 21 .. ..
Expenditure on Grants, Subsidies etc. 22 .. ..
Interest 23 .. ..
Depreciation (Net Total at the year-end-corresponding to Schedule 8)      
Total (B)      
Balance being excess of Income over Expenditure (A-B)      
Transfer to Special Reserve (Specify each)      
Transfer to/from General Reserve   .. ..
Balance Being Surplus/(Deficit) Carried to corpus/Capital Fund   .. ..
Significant Accounting Policies 24 .. ..
Contingent Liabilities and Notes on Accounts 25 .. ..

Form 4

Form of financial statements (Non-Profit Organisations)

Name of Entity_________________________

Receipts and Payments for the Period/Year Ended______________________________

  (Amount-Rs.)
Receipts Current Year Previous Year Payments Current Year Previous Year
I. Opening Balances .... .... I. Expenses    
a) Cash in hand .... .... a) Establishment Expenses (corresponding to Schedule 20) .... ....
b) Bank Balance .... .... b) Administrative Expenses (corresponding to Schedule 21)
i) In current accounts .... ....   .... ....
ii) In deposit accounts .... ....
iii) Savings accounts .... ....
II. Grants Received     II. Payments made against funds for various projects    
a) From Government of India .... .... (Name of the fund or project should be shown along with the particulars of payments made for each project ) .... ....
b) From State Government .... ....
c) From other sources (details) .... ....
(Grants for capital and revenue expenditure to be shown separately)    
III. Income on Investments from     III. Investments and deposits made    
a) Earmarked/Endow Funds .... .... a) Out of Earmarked/Endowment funds .... ....
b) Own Funds (Other Investment) .... .... b) Out of Own Funds (Investments-Others) .... ....
IV. Interest Received     IV. Expenditure not Fixed assets and Capital Work-in-Progress    
a) On Bank deposits .... .... a) Purchase of Fixed Assets .... ....
b) Loans, Advances etc. .... .... b) Expenditure on Capital Work-in-progress .... ....
V. Other Income (Specify) .... .... V. Refund of surplus money/Loan .... ....
a) To the Government of India .... ....
b) To the State Government .... ....
c) To other providers of funds .... ....
VI. Amount Borrowed .... .... VI. Finance Charges (Interest)    
VII. Any other receipts (give details) .... .... VII. Other payments (specify)    
VIII. Closing Balances    
a) Cash in hand .... ....
b) Band Balances .... ....
i) In current accounts .... ....
ii) In deposits accounts .... ....
iii) Saving accounts .... ....
TOTAL .... .... TOTAL .... ....