RTI – Section 4(1)(b)

Micro Credit Innovations Department
Information required to be published under Section 4 (1) (b) of the RTI Act

Sr.No. Particulars Information
(i) Particulars of its organisation, functions and duties
Micro Credit Innovations Department NABARD Head Office, Mumbai Tel-022-26539244, Fax-022-26528141
  • Micro Credit Innovations Department (mCID) under NABARD design appropriate products and delivery channels to facilitate smoothening financial services to unreached segment especially through SHG/JLGs.
  • Providing expert opinion on various forums/committees constituted by GoI/RBI.
  • Documenting best practices and bringing our publications including status of microfinance in India for facilitating policy advocacy.
  • Supporting capacity building for various stake holders.
  • The department mainly deals with
  • Policy & Strategy/ Coordination/ Collaborations with External Agencies/ Administration.
  • Capacity Building/ Financial Inclusion Fund (FIF)/ Promotional grants for SHG/JLG/ Innovative projects/Special Projects viz, Priyadarshini, RGMVP, Livelihood, Seminars, Workshop and Colloquium.
  • Studies/ Publications/MF Bill/FIF/NABFINS/NRLM.
  • Monitoring capital support/RFA given in the past.
(ii) The powers and duties of its officers and employees
In case of promotion for SHG-BLP the delegation of power is as in the table-
Sl. No Items of Expenditure Delegation of powers for sanction of funds for supporting SHG-BLP
1 Grant assistance for promotion and credit linkage of SHGs per agency. Upto 1000 SHGs in case of all states except A & N, Goa and all NER states excluding Assam where it is upto 500 SHGs.
2 Training and capacity building etc per agency. CGM HO-upto 10lakhs CGM-RO upto 5lakhs GM/OIC- 2 lakhs
Note: All proposal exceeding the above limits recommended by PSC of RO may be put up to BPSC HO for approval.
(iii) Procedure followed in the decision making process, including channels of supervision and accountability
Policy: Policies on various schemes being implemented by mCID are formulated at HO level based on the feedback received from field as well as from clients.
Implementation and Monitoring: Implementation and monitoring of the schemes is done by both RO as well as MCID HO.  
Financial transactions: `   All financial transactions are subject to concurrent audit and RBI inspection.
(iv) Norms set by it for the discharge of its functions Functions are discharged within the framework of rules and regulations of NABARD and as per the guidelines received from GoI and RBI. Detailed circulars have been issued by the department and based on the criteria/ parameters laid down in these instructions, the cases are scrutinized.
(v) Rules, regulations, instructions, manuals and records, held by it or under its control or used by its employees for discharging its functions. Hard / Soft copies of circulars, guidelines are available in ROs/HO, as also in corporate intranet which are accessed by staff for disposing of cases/ proposals.
(vi) A statement of the categories of documents that are held by it or under its control Documents relating to sanction of project and acceptance of terms and conditions are kept at HO/RO level as the case may be.
(vii) 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 a. At present all the regular activities of the department are funded out of FIF. The FIF was originally to be consist of an overall corpus of  Rs500 crore with initial funding to be contributed by GoI, RBI and NABARD in the ratio of 40:40:20. The funding would be contributed in a phased manner over a maximum period of five years depending upon utilisation of funds. b. For innovative projects which are not covered within the overall scope of FIF, till 31 March 2015, Rural Promotion Fund was made use of.
(viii) 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 Government of India has constituted FIF advisory board for guiding NABARD. MCID is accessing FIF for promotion of SHG/JLG, Capacity building of SHG/JLG, training etc. The fund is being administered by FID, NABARD.
(ix) A directory of its officers and employees Available at below link: Click here
(x) The monthly remuneration received by each of its officers and employees, including the system of compensation as provided in its regulations
(xi) Budget allocated to each of its agency, indicating the particulars of all plans, proposed expenditures and reports on disbursements made Bottoms up approach is followed in the setting up of target/allocation of budget for ROs/ TEs and HO. It is aggregated at HO level and monitored on a monthly basis.
(xii) Manner of execution of subsidy programmes, including the amounts allocated and the details of beneficiaries of such programmes Not applicable
(xiii) Particulars of recipients of concessions, permits or authorisations granted by the organisation SHGs & NGOs
(xiv) Details in respect of the information available to or held by it, reduced in an electronic form Various activities of mCID, Circulars, statistics with regard to SHG, etc are already available in the microfinance page of website
(xv) Particulars of facilities available to citizens for obtaining information, including the working hours of a library or reading room, if maintained for public use As stated above, exhaustive information about mCID activities are available on our website.
(xvi) The names, designations and other particulars of the Public Information Officers
Available on below link
(xvii) Such other information as may be prescribed and thereafter update these publications every year. Status of microfinance in India which is a yearly publication by the department.