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(d) by notification issued or order made by  the appropriate Government.

And includes any - 

(i)...

(ii) non­Government organization  substantially financed, directly or  indirectly by funds provided by the  appropriate Government."

10. A glance at the Report of the Committee Constituted to  Suggest   Modalities     of   Coordination   Mechanism   After   De­ Linking of the Subsidiaries From GIC of India, confirms that  GIPSA was constituted following the recommendations of this  Committee set up by the Ministry of Finance, Department of  Economic Affairs , Insurance Division of the Govt. of India  to   suggest   modalities   of   Coordination   Mechanism   After   De­ Linking  of  subsidiaries from GIC.  Accordingly as per the  recommendations of the Committee it was felt "necessary to  create an Agency for ensuring co­ ordination among the four  companies   on   various   operational   and   policy   issues.  Recommendations have been made for the basic structure and  constitution   of   the   Co­ordinating   Agency,   including  organizational   set   up   guiding   principles,   name   and   its  Constitution. The Committee has also recommended setting up  of   the   Association,   including   Membership,   Governing   Board,  Chairperson,   Secretary   General,   Location   of   Secretariat,  Organizational   Set­up,   Administrative   procedure,   Functional  Committees/Working Groups.