1. Institutional Objective and Operations
The Corporation functions under the Cooperation, Marketing, and Textile Department of the Government of Maharashtra.
It acts as an authorized government supplier for uniforms, uniform fabrics, and other textile-based materials to various state departments.
Its core objective is to provide employment to powerloom weavers and promote small and medium-scale textile industries in the state.
(Source: mahatextile.maharashtra.gov.in)
2. Share Capital, Funding, and Accounting
For FY 2024–25, the Government of Maharashtra sanctioned ₹19.91 lakh as share capital for the Corporation.
Before utilizing any government funds, the following must be ensured:
The scheme has administrative approval.
Utilization certificates and audit reports are submitted after fund usage.
Proper accounting is maintained, including entries in Dead Stock registers.
All payments for purchases or services must be made through ECS/RTGS only — no cash or manual transactions.
(Source: gr.maharashtra.gov.in)
3. Procurement and Supply Guidelines
The Corporation must follow the Government Purchase Rules and procedures for all procurement activities.
Supplier payments are to be released only after material delivery and verification.
No contingent or unapproved expenses are allowed under government-funded schemes.
(Source: gr.maharashtra.gov.in)
4. Social and Economic Inclusion
The Corporation focuses on creating sustainable employment for powerloom weavers and textile workers in rural and semi-urban areas.
It also supports cooperative societies, small, and medium enterprises to strengthen Maharashtra’s textile ecosystem.
(Source: mspc.org.in, mahatextile.maharashtra.gov.in)
5. Compliance and Auditing
All accounts of the Corporation are subject to regular audits by the office of the Accountant General (Audit), Maharashtra.
Any grant, loan, or share capital received from the government must be properly utilized and reported, or refunded if unused.
Audit objections, if any, must be addressed promptly by the management.
(Source: gr.maharashtra.gov.in)
6. Administrative Accountability
All administrative, financial, and operational activities must adhere to government norms for transparency and accountability.
Regular performance and progress reports should be submitted to the parent department.
Procurement committees must include designated officials and follow e-tendering procedures for transparency.
