The Corporate Planning Department (CPD) of NABARD undertakes the key responsibility of integrating various functional departments of the organization. It is the window through which NABARD interfaces with the Government of India on policy related matters and with various international bodies for funding of developmental projects. The analysis undertaken by the Department helps the organization in presenting macro perspectives about policy related issues to the Government besides helping NABARD in undertaking annual credit planning and budgeting exercises. The macro thrust of the Department is towards improving the quality of decision-making of the organization through a consultative mechanism while minimizing the risks.
2. Core Functions of the Department
• Preparing the Annual Business Plan of NABARD
The Department coordinates with other Departments within the organization to formulate the Annual Business Plan of NABARD.
• Facilitating Resource Allocation for the Agriculture and Rural Development Sector
CPD through a mechanism of consultation and research identifies the gaps in the sector and proposes the need for allocation of resources by the Government of India in its annual budgetary process.
• Liaisoning with various Ministries of Government of India, State Governments and the NITI Aayog
CPD discusses and coordinates with various Ministries of Government of India and the NITI Aayog on matters related to agricultural credit, rural development and such related matters. This facilitates a more grounded and MIS backed policy formulation.
• Interacting with Reserve Bank of India
CPD interacts with the RBI on issues related to agriculture and rural development, credit planning, monitoring, and sorting out operational issues. It coordinates with RBI for issues related to the supervisory process and interventions in Regional Rural Banks (RRBs) & Rural Co-operative Banks.
• Negotiating with International Development Agencies
CPD negotiates with various International Agencies to implement innovative development projects in agriculture and rural development.
• Parliament related Matters
CPD is the nodal department for furnishing information on matters for discussion to the Parliamentary Committees. It also furnishes inputs/information to various ministries in the Government of India towards replies to questions raised by Member of Parliaments on subjects related to agriculture and allied sectors and rural financial institutions.
• Credit Planning and Monitoring
The Department formulates policy guidelines for preparation of Potential Linked Credit Plans for every district of the country which helps to identify infrastructure and linkage support requirements. These plans form the basis of the Annual Credit Plan prepared by Banks in the respective districts.
• Issuing Guidelines for Preparing State Focus Papers (SFPs)
CPD issues guidelines for State Focus Papers which are prepared for every state. The major focus is to highlight infrastructure and linkage support requirements for facilitating smooth flow of credit. The state focus paper is essentially an aggregation of the district level plans and support the State Level Bankers Committee (SLBC) in its annual credit planning and budgeting.
• Coordinating the functioning of District Development Managers (DDMs) and District Development Officers (DDOs)
CPD guides and supports DDMs and DDOs across the country in the areas of credit planning, monitoring and coordination. The DDM is entrusted with the prime responsibility of credit planning, monitoring and co-ordination and evolving a coordinated approach for credit deployment in the respective district, in coordination with banks, stakeholders and other development agencies. As on 31st March 2019, there were 419 DDM Offices covering 702 districts in the country.
• Addressing Credit and Developmental Issues related to Northeast States
CPD addresses credit planning, monitoring and developmental issues of the North Eastern Region of the country.
• Facilitating periodic consultations with Banks
CPD organises periodic meets with Priority Sector Heads of Banks for discussing issues related to agricultural credit and initiatives needed for stepping up of credit for agriculture and other rural sectors.
• Data warehouse for Agricultural Credit
CPD monitors and collates data related to ground level agricultural credit provided by various financial institutions. CPD makes this information available to the Government of India, Reserve Bank of India, etc.
• Attending to Grievances and Complaints
CPD attempts to resolve grievances/complaints forwarded by GOI or received directly against client banks.
• Organizing Seminars
CPD conducts seminars on thematic issues of national importance related to agriculture and rural development.
3. Projects with External Agencies:
Introduction - External Aided Projects:
Externally Aided Projects are conceived, designed, implemented and monitored jointly by NABARD and Bilateral development agencies like KfW, GIZ and multi-lateral Development Agencies such as IBRD, ADB etc. These projects provide useful development initiatives to the hinterland of the country as the expertise and international experience of such agencies provide critical inputs. In addition to rich experience sharing, these projects also augment the capacities of all partners and enhance institutional capacities. In the past, NABARD has closely partnered with the Swiss Development Cooperation, ADB, World Bank, EU and the German Development Cooperation.
NABARD has been partnering with KfW and GIZ for the past three decades. We utilize the support/assistance from external agencies such as GIZ and KfW to test models of development in various sectors in the domain of agriculture and rural development. Based on such pilots/models/experiments in development, we mainstream the successful and impactful interventions using our own resources. Some of the projects currently being implemented with KfW and GIZ support are provided at the following link.