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INFORMATION CENTRE

RTI – Section 4(1)(b)

Business Initiative Department
Information required to be published under Section 4 (1) (b) of the RTI Act
 
Sr.No. Particulars Information
(i) Name & Address of the Department Business Initiatives Department
2nd floor, 'A' Wing
Plot C-24, 'G' Block
Bandra-Kurla Complex, Bandra (East)
Mumbai 400 051
Tel : (91) 022 26524693
Fax : (91) 022 26530067
E-mail: bid@nabard.org   
(ii) Divisions within the Department 1. Direct Refinance to District Central Cooperative Banks
2. Credit Facility to Civil Supplies Federations / Corporations
3. NABARD Infrastructure Development Assistance (NIDA) 
  
(iii) The powers and duties of its officers and employees
Proposals involving financial sanction are scrutinised as per laid down guidelines of respective Division.
 
Proposals pertaining to direct refinance to cooperatives are sanctioned at RO/HO by following committee approach depending upon amount to be sanctioned/risk rating of the project.
 
Proposals received from Marketing Federations/ Corporations for credit facility are sanctioned at HO by Business & Grants Proposal Sanctioning Committee (BGPSC) consisting of DMDs and CGMs or by Top Management Sanctioning Committee (TMSC) consisting of Chairman and members of BGPSC depending upon the amount to be sanctioned.
 
NIDA proposals are sanctioned at HO by Business & Grants Proposal Sanctioning Committee (BGPSC) consisting of DMDs and CGMs or by Top Management Sanctioning Committee (TMSC) consisting of Chairman and members of BGPSC depending upon the amount to be sanctioned.
 
(iv) Procedure followed in the decision making process, including channels of supervision and accountability
The cases are initiated by the officers in Grades A/B/C level, and are analysed/checked/supervised by officers at Grades D/E level.  Proposals are approved/sanctioned by Business & Grants Proposal Sanctioning Committee (BGPSC) consisting of DMDs and CGMs or by  Top Management Sanctioning Committee (TMSC) consisting of Chairman and members of BGPSC depending upon the amount to be sanctioned.
(v) Norms set by it for the discharge of its functions The proposals depending upon the complexities/ technicalities/amount are processed within the reasonable time frame for each credit product.
(vi) Rules,regulations,instructions,manuals and records,held by it or under its control or used by its employees for discharging its functions. Each line of credit has a set of rules/instructions which are codified into manuals for internal reference.
(vii) A statement of the categories of documents that are held by it or under its control Project proposal formats/application formats/risk assessment tools and financial assessment methodologies
(viii) Particulars of any arrangement that exists for consultation with or representation by the members of the public in relation to the formulation of its policy or implementation thereof -   Not applicable -
(ix) A statement of the boards, councils, committees and other bodies consisting of two or more persons constituted as its part or for the purpose of its advice, and as to whether meetings of those boards, councils, committees and other bodies are open to the public, or the minutes of such meetings are accessible for public - Not applicable -
(x) A directory of its officers and employees 1) P V S Suryakumar, Chief General Manager
2) A C Srivastava, General Manager
3)Maheswar Sahoo, Deputy General Manager
4)K Inkarsal, Deputy GeneralManager
5)H M Kumbhare, Asst. General Manager
6)S S Labana, Asst. General Manager-SPS
7)S R Patwekar, Manager
8)Amol Lohakare, Manager
9) Ms. Deepti Srivastava, Manager
10) Yogendra Kumar, Manager
11) Ms. L Vidya Reddy, Asst. Manager
12) Arun Kumar K, Asst. Manager
13) Ms. Namrata Patil, Dev. Asst (WP)
14) V B More, Dev. Assistant
15) P B Jadhav, Spl. Office Attendant
16)F D Pareira, Spl. Office Attendant
17) K S Kadam,Spl. Office Attendant
18) J D Kokate,Office Attendant
 
(xi) The monthly remuneration received by each of its officers and employees, including the system of compensation as provided in its regulations
Available on below link:
(xii) Budget allocated to each of its agency, indicating the particulars of all plans, proposed expenditures and reports on disbursements made Business Budget for 2017-18 :
Sanctions  Rs 23000 crore
Disbursements Rs 18500 crore
(xiii) Manner of execution of subsidy programmes, including the amounts allocated and the details of beneficiaries of such programmes -Not applicable-
(xiv) Particulars of recipients of concessions, permits or authorisations granted by the organisation -
(xv) Details in respect of the information available to or held by it, reduced in an electronic form -
(xvi) Particulars of facilities available to citizens for obtaining information, including the working hours of a library or reading room, if maintained for public use Available on public domain at www.nabard.org
(xvii) The names, designations and other particulars of the Public Information Officers Available on link: Click here
(xviii) Such other information as may be prescribed and thereafter update these publications every year. - Not applicable -