The Textiles Committee has been established under the Textiles Committee Act, 1963, (No. 41 of 1963), of the Indian Parliament. It replaced the erstwhile Cotton Textiles Fund Committee, constituted under the Cotton Textiles Fund Ordinance, which was promulgated by section 72 of the Government of India Act, 1935. This ordinance provided for the establishment of the Cotton Textiles Fund from the levy of a cess of three per cent on the ex-mill prices of cloth and yarn exported and for the setting up of the Cotton Textiles Fund Committee to administer the Fund.