RELEASE OF FUNDS
Central assistance will be released in annual instalments to the Implementing agency. The devolution of funds to the Cluster Development Agency will be in three instalment of 25%, 50% and 25% based on quarterly plans of work, progress of activities, submission of utilization certificates and other terms, if any, specified in the project.
The administrative charges, which would include fee of both NRA as well as IA will not exceed 7% of the project cost.
MONITORING AND EVALUATION
The Development Commissioner for Handlooms will monitor the implementation of the projects, with the assistance of NRA and independent evaluating agencies, if required. A system of periodic reporting, field visits and review meetings will be used for this purpose.

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