Particulars of its organisation, functions and duties
NABARD/ Department of Storage and Marketing (DSM), Head Office, Mumbai,
Tel : 022 26524207
Functions and duties:
Warehouse Infrastructure Development
- Providing financial support for creation of Scientific Storage Infrastructure (Dry and Wet)
for Agricultural Commodities out of Warehouse Infrastructure Fund.
- Financing APMCs for construction of marketing infrastructure within the APMCs.
- Facilitate accreditation/ registration of Storage structures by WDRA.
- Capacity Building of Stakeholders in Agriculture commodity storage and marketing sector.
Support for creating Infrastructure and Promoting Food Processing Industries
- Provide credit for establishing infrastructure in Designated Food parks and processing units
in these designated food parks.
- Formulate policies / strategies for augmenting the processing infrastructure losses,
creating awareness for value addition, and developing forward linkages for the farmers
- Promote modernization of existing processing units in the designated food parks resulting in
technology upgradation, automation, increase in efficiency, improvement in product quality,
reduction in cost etc.
- To assist MOFPI, Government of India, in effective implementation of Mega Food Park Scheme,
Scheme for Creation of Agro Processing Cluster, Scheme for Creation of Backward and Forward
Linkages and Scheme for Cold Chain, Value Addition and Preservation Infrastructure by being
a member in the Inter Ministerial Approval Committee and Technical Committee.
||The powers and duties of its officers and employees
Sanctions: Depending on the amount of term loan, the projects are sanctioned by the Internal
Sanctioning Committee for loans under RIDF (ISC) or the Sanctioning Committee (SC) which is a
sub-committee of the Board of Directors as under:
|Type of Borrower
||Internal Sanctioning Committee
|State Governments and State Owned Entities (backed by State Government
||Loan upto ₹ 100 crore
||Loan above ₹ 100 crore
|State owned entities (not backed by State Government guarantee) and Private
||Loan upto ₹ 50 crore
||Loan above ₹ 50 crore
The proposals involving financial sanction are scrutinised as per the board approved guidelines.
Procedure followed in the decision making process, including channels of supervision and
- Policies related with the various activities of the department are formulated at Head Office
- Sanction of projects for financial assistance is accorded by the Sanctioning Committee/
Internal Sanctioning Committee based on the loan amount.
- Post sanction activities including disbursement of loan, monitoring of projects, review of
progress, etc., is carried out by the Regional offices as per laid down guidelines.
||Norms set by it for the discharge of its functions
||The functions are discharged as per the guidelines set by GoI / RBI and as per the rules and
regulations of utilization of the funds.
||Rules, regulations, instructions, manuals and records, held by it or under its control or used by
its employees for discharging its functions.
||All financial transactions are subject to NB Expenditure Rules 2014 and delegation of powers
approved by Competent Authority and as per the extant loan policy.
||A statement of the categories of documents that are held by it or under its control
||Documents relating to projects of a given state are kept in the respective Regional Offices, while
those related to multistate projects are kept at HO.
||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
||Public opinion is taken into consideration based on feedback received from public during monitoring
and evaluation studies. The same is taken into consideration for policy formulation. Further, the
considered views and suggestions received from the representatives of public such as Members of
Parliament, MLAs, various Committees, stakeholders such as collateral companies, commodity
exchanges, warehouse owners, promoters of DFPs and farmers, etc. are duly considered for bringing
about refinements in the policies and procedures to the extent feasible and considered necessary in
consultation with GoI and RBI.
||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
||A directory of its officers and employees
||Directory of its Officers
||The monthly remuneration received by each of its officers and employees, including the system of
compensation as provided in its regulations
||Budget allocated to each of its agency, indicating the particulars of all plans, proposed
expenditures and reports on disbursements made
||GoI through budgetary announcement has created two special funds viz. Warehouse Infrastructure Fund
during 2013- 14 and 2014- 15 with a corpus of ₹5000 crore for each year for providing financial
assistance to warehousing sector. Food Processing Fund was created during 2014-15 with a corpus of
₹2000 cr for providing affordable credit to designated food parks notified by MoFPI and food
processing units in these designated food parks. The details of corpus, sanctioned amount,
disbursements etc., as on 31 October 2023 are as below:
|Name of Fund
||Net Corpus Available
WIF 2013- 14
WIF 2014- 15
||GoI through budgetary announcement has created two special funds viz. Warehouse Infrastructure Fund during 2013- 14
and 2014- 15 with a corpus of ₹5000 crore for each year for providing financial assistance to warehousing sector.
Food Processing Fund was created during 2014-15 with a corpus of ₹2000 cr for providing affordable credit to
designated food parks notified by MoFPI and food processing units in these designated food parks. The details of
corpus, sanctioned amount, disbursements etc., as on 31 July 2023 are as below:
|Name of Fund
||Net Corpus Available
WIF 2013- 14
WIF 2014- 15
||Manner of execution of subsidy programmes, including the amounts allocated and the details of
beneficiaries of such programmes
||The department is not administering any subsidy schemes. However, the Warehouse projects sanctioned
under WIF are eligible for subsidy under schemes of GoI subject to compliance with the respective
||Particulars of recipients of concessions, permits or authorisations granted by the organization
||Details in respect of the information available to or held by it, reduced in an electronic form
||All information relating to sanction and release of fund are available and held in soft form.
||Particulars of facilities available to citizens for obtaining information, including the working
hours of a library or reading room, if maintained for public use
||The names , designations and other particulars of the Public Information Officers
Information is available on the public domain www.nabard.org at
||Such other information as may be prescribed and thereafter update these publications every year