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National Advisory Council for RSETIs

The National Advisory Council for RSETIs consists of the following:

• Joint Secretary or his nominee, from MORD, Government of India, New Delhi.
• Chairman NABARD or his nominee
• Chairman, SIDBI or his nominee
• Head of the institute or his nominee from Entrepreneurship Development Institute of India (EDII), Ahmedabad
• Head of the institute or his nominee from National Institute of Micro, Small and Medium Enterprises(NIMSME), Hyderabad
• Head of the institute or his nominee from National Institute of Entrepreneurship & Small Business Development (NIESBUD), Noida
• Director General from National Academy of RUDSETI, Bengaluru
• Director General or his nominee from National Institute of Rural Development, Hyderabad.
• General Mangers of Syndicate Bank, Canara Bank, SBI, PNB, BOB and Bank of India overseeing priority sector credit advances. Once in three years, General Managers from other participating Banks i.e. other than Syndicate Bank and Canara Bank will be inducted to the council by replacing the existing Banks Executives.
• Chief Project Coordinator of RSETIs – Convenor

Role of National Advisory Council for RSETIs :

• The Advisory Council shall lay down broad guidelines for the effective functioning and administration of the RSETIs for the implementation of its objectives through State Project Coordinator/Chief Project Coordinators.
• The Service Regulations of the employees shall be framed by the Advisory Council.
• To advise Chief Project Coordinator to separately open, maintain, operate and close accounts of any kind in any Bank/s as decided from time to time. However, the power to operate the account can be delegated to the Hon’ Chairman and Chief Project Coordinator jointly by a proper Resolution.
• Advisory Council based on the specific requirements of the projects to be undertaken either by RUDSETI or by NAR or by exclusive Cell of NAR can appoint resource persons suitable for executing such jobs. However, they shall be under the direct control of President, N.A.R, Bangalore.
• To engage people on deputation from participating Banks/financial institutions on mutual consultation with the deputing agencies.
• To do all such deeds and acts which have not been specially mentioned herein above, but which are found to be necessary, expedient and essential for furthering the objects of the RSETIs.

Convening National Advisory Council for RSETIs

The first meeting of the National Advisory Council for RSETIs was convened by the Chief Project Co-ordinator on 23rd February 2012 at New Delhi wherein the top officials from EDII, Ahmedabad; NIMSME, Hyderabad; NIESBUD, Noida apart from Executives from various Banks, NABARD and SIDBI participated. This meeting was attended by none other than the Hon’ble Union Minister for Rural Development Sri Jairam Ramesh and presided over by Dr D Veerendra Heggade. The Secretary, Joint Secretary and Dy Secretary from MoRD also attended the meeting. The discussions at the National Advisory Council for RSETIs were very fruitful and a review of the functioning of the Monitoring Cell for RSETIs was made during the meeting and suggestions to bring in the improvements in the functioning of RSETIs by different stakeholders were received.