MILL GATE PRICE SCHEME

ANNEXURE-I

Format of Undertaking to be furnished by the user agency to the National Handloom Development Corporation under the scheme for supply of yarn at Mill Gate Price

U N D E R T A K I N G

Name and address of the user agency:

i.   This society/corporation/agency is engaged in the production of handloom cloth and the yarn procured by the society/corporation / agency from National Handloom Development Corporation (NHDC) under the Mill Gate Price Scheme is meant for captive consumption in our production centres and/or for supply to our member societies/weavers directly enrolled with us.
ii. The yarn procured by us under the scheme will not be resold to any other organization/weavers other than those directly enrolled with the society/corporation/agency.
iii.  The benefits of this scheme will be passed on in full to the member societies/weavers directly enrolled with us, when the yarn purchased under this scheme is sold/supplied to them; and
iv.  In the event of detection of non-fulfilment of anyone or more of the conditions of the scheme this society/corporation/agency undertakes to pay to the National Handloom Development Corporation, the amount equivalent to the difference between the actual sale price of yarn supplied (since the execution of this undertaking and till the date of such detection) and the market price including the cost of transportation, overheads etc.

Signature of Chief Executive                                                                                                                                                   Signature of Secretary
     (with rubber stamp)                                                                                                                                                                   (with rubber stamp)
Place:
Date :
 
 

Back