Act Number: 20

Act Name: The Footwear Design and Development Institute Act, 2017

Year: 2017

Enactment Date: 2017-08-04

Long Title: An Act to establish and declare the Footwear Design and Development Institute as an institution of national importance for the promotion and development of quality and excellence in education, research and training in all disciplines relating to footwear and leather products design and development and for matters connected therewith or incidental thereto.

Ministry: Ministry of Commerce and Industry

Department: Department of Commerce

Section 22: Setting up of endowment fund.
    Notwithstanding anything contained in section 21, the Central Government may direct the Institute to—
         (a) set-up an endowment fund and any other fund for specified purpose; and
         (b) transfer money from its Fund to endowment fund or any other fund.
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