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(i)
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Particulars of its organisation, functions and duties
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Micro Credit Innovations Department
NABARD Head Office, Mumbai
Tel-022-26539244, Fax-022-26528141
Email: mcid@nabard.org
- Micro Credit Innovations Department (mCID) under NABARD design appropriate products and delivery channels to facilitate smoothening financial services to unreached segment through SHG and 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.
- Capacity Building/ Financial Inclusion Fund (FIF)/ Promotional grants for SHG/JLG/ conduct of Seminars, Workshops and Colloquium.
- Studies and Publications
- MoU with RRBs for financing of JLGs.
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(ii)
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The powers and duties of its officers and employees
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In case of promotion for SHG-BLP the delegation of power is as in the table-
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Sl. No
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Items of Expenditure
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Delegation of powers for sanction of funds for supporting SHG-BLP
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1
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Promotion and Grant linkage of JLG - Individual Grant assistance for Promotion and Credit Linkage of JLGs (per project per agency)
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CHSC can sanction Any proposal beyond 1750 JLGs in case of A & N lslands, Goa and all NER States including Sikkim but excluding Assam and beyond 3500 JLGs in case of remaining states. HOCLSC/ ROCHSC can sanction Upto 1750 JLGs in case of A & N lslands, Goa and all NER states including Sikkim but excluding Assam, and upto 3500 JLGs in case of remaining states.
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2
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Promotion and grant linkage of SHG- Training and Capacity Building, Orientation Meets, Exposure Visits, Workshops, Conferences, Seminars, studies, Publicity and Campaign, Miscellaneous Interventions (per agency).
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DHSC- Above Rs 25 Lakh
HOCLSC Rs 5 Lakh to Rs 25 Lakh
ROCHSC Upto Rs 5 Lakh
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3
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Promotion and grant linkage of SHG-Grant assistance for Promotion and Credit Linkage of SHGs (per project per agency).
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HOCLSC- Upto 1000 SHG
ROCHSC- Upto 1,000 SHGs except upto 500 SHGs for NE
excluding Assam and A&N Islands and Goa
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4 |
LEDP
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DHSC- Above Rs 15 Lakh
HOCLSC Rs 10 Lakh to Rs 15 Lakh
ROCHSC Upto Rs 10 Lakh
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| (iii) |
Procedure followed in the decision making process, including channels of supervision and accountability
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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.
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(iv)
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Norms set by it for the discharge of its functions
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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. Annual targets as approved by Chairman have been allocated to Regional Offices, which are monitored and reviewed periodically at Regional Office/Head Office level. Since these are RO wise/department wise targets, ratings are based on same taking into consideration contingent factors.
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(v)
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Rules, regulations, instructions, manuals and records, held by it or under its control or used by its employees for discharging its functions.
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Hard / Soft copies of circulars, guidelines are available in ROs/HO, as also in corporate website at https://www.nabard.org/circulars.aspx?cid=504&id=24 as well as corporate intranet which are accessed by staff for disposing of cases/ proposals.
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(vi)
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A statement of the categories of documents that are held by it or under its control
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Documents relating to sanction of project, acceptance of terms and conditions and grant release are kept at HO/RO level as the case may be.
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(vii)
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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
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Seminars, Conferences and Workshops are being conducted regularly at various level for awareness creation as well as getting policy inputs from various stakeholders.
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(viii)
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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
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SHG BLP Strategic Board
Based on the recommendation of “Expert Group on Setting up of DFI for SHGs” RBI, an Advisory Board on SHG BLP was constituted in NABARD in 2015. The Advisory Board is chaired by DMD, NABARD, has 17 members from various stakeholders of SHG BLP as under:
| Sr. No |
Organisation |
No.of Members |
Remarks |
| 1 |
NABARD |
2 |
1. DMD, NABARD as Chairman of the Board.
2.CGM, MCID as Convener and Member Secretary.
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| 2 |
Joint Secretary, DFS, MoF, GoI |
1 |
Permanent Member |
| 3 |
CEO, NRLM |
1 |
Permanent Member |
| 4 |
CGM, FIDD, RBI |
1 |
Permanent Member |
| 5 |
CGM, SIDBI |
1 |
Permanent Member |
| 6 |
GM, Priority Sector, Commercial Banks (02 Public Sector Banks, 01 Private Sector Bank) |
3 |
On Rotation basis with a term of 2 years. |
| 7 |
Chairman, RRB |
2 |
On Rotation basis with a term of 2 years. |
| 8 |
CEO from SCB/DCCB which have actively participated in SHG Bank Linkage |
2 |
On Rotation basis with a term of 2 years. |
| 9 |
Leading Practitioner of micro finance / Industry Experts |
4 |
2 Nominations by NABARD and 2 by NRLM. |
MCID is getting guidance and advice from the boards / committees. The minutes of these board / committee meetings are not accessible to public.
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(ix)
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A directory of its officers and employees
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Directory of its Officers and Employees |
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(x)
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The monthly remuneration received by each of its officers and employees, including the system of compensation as provided in its regulations
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Click here
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(xi)
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Budget allocated to each of its agency, indicating the particulars of all plans, proposed expenditures and reports on disbursements made
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Budget is decided on annual basis. 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.
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(xii)
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Manner of execution of subsidy programmes, including the amounts allocated and the details of beneficiaries of such programmes
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Not applicable
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(xiii)
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Particulars of recipients of concessions, permits or authorisations granted by the organisation
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SHGs, NGOs, Banks, Cooperatives, Federations, NGO-MFIs, Development Depts.
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(xiv)
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Details in respect of the information available to or held by it, reduced in an electronic form
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Various schemes of mCID, Circulars, statistics with regard to SHG/ JLG / disbursements etc. are already available in the microfinance page of website at https://www.nabard.org/about-departments.aspx?id=5&cid=477
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(xv)
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Particulars of facilities available to citizens for obtaining information, including the working hours of a library or reading room, if maintained for public use
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As stated above, exhaustive information about mCID activities are available on our website.
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(xvi)
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The names, designations and other particulars of the Public Information Officers
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Click here
RTI
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(xvii)
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Such other information as may be prescribed and thereafter update these publications every year.
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Status of microfinance in India which is a yearly publication by the department.
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