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Right to Information

Department of Financial Inclusion & Banking Technology

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 Functions:

(a) to carry forward the agenda of financial inclusion of the excluded population at the national level as per the framework recommended by the Report of the Committee on Financial Inclusion in general and operationalizing the Financial Inclusion Fund (FIF) in particular. The implementation is under the guidance of the Advisory Board set up for FIF

(b) To facilitate the process of bringing the participating State and Central Co-operative Banks onto Core Banking Solution (CBS) platform and post-CBS technological adoption with special focus on RuPay Kisan Cards.
 
(ii) The powers and duties of its officers and employees Duties and powers to be exercised are as per NABARD Staff Rules, 1982.
Financial sanctions pertaining to the Funds, are based on parameters & laid out instructions under “Delegation of Powers under Financial Inclusion Fund (FIF). Sanctions under Administrative expenditure as per instructions laid down under
 
(iii) Procedure followed in the decision making process, including channels of supervision and accountability. The Department has on its roll different categories of staff such as, Officers (Grade A to F) and other support staff.
The decision making process followed in the department is as per procedure indicated in respective guidelines / instructions of the programmes/schemes valid from time to time. There is a clear cut demarcation of roles, responsibilities and discretionary powers amongst different supervisory levels and the accountability is fixed up accordingly. 
 
(iv) Norms set by it for the discharge of its functions
Norms set for the discharge of functionsoriginate from extant operational guidelines,detailedcirculars and based on the criteria/parameters laid down in the circulars issued from time to time.
 
(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 available are accessed by staff for disposing of cases/ proposals. Moreover, the officers are governed by NABARD (Staff) Rules, 1982 and related rules for discharging functions.
 
(vi) A statement of the categories of documents that are held by it or under its control Agenda Notes, Attendance, Minutes and proceedings of the Meetings of Advisory Board and Agreements with Banks and NGOs.
Documents on each of the case processed by the Department are held under the control of department categorized purpose and entity-wise.
Policy / instructions / Circulars are maintained separately.
 
(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 Banks participating in the NABARD-facilitated CBS Project are part of the consultative process as they are the actual owners of the project.
In respect of FIF, formulation of overall policy and its implementation is under the guidance of the Advisory Board. Any representation by the members of the public or stakeholders in relation to the formation of policy and implementation thereof shall be put up to the Advisory Board, which is the authority for deciding on all such matters.
 In addition to these, GoI & RBI are consulted to seek their guidance.
 
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 The Government of India has re-constituted the Advisory Board for FIF consisting of members from GoI, RBI, IRDA, IDRBT, NASSCOM, one public sector bank and one private sector bank. Chairman, NABARD is the Chairman and CGM (DFIBT), NABARD is Member Secretary of the Advisory Board

All innovative/non-routine proposals have to be approved by the Advisory Board.
The minutes and action points of the Advisory Board Meeting are circulated amongst members of the Advisory Board and are of confidential nature

A Steering Committee comprising senior representatives from NABARD, NPCI and major Sponsor Banks of RRBs has been constituted to give a push to the efforts of RRBs in issuance of RuPay Kisan Cards to all operational KCC accounts.The minutes and action points of the meetings are circulated amongst members and stakeholders.
 
(ix) A directory of its officers and employees Directory of its Officers and Employees
(x) The monthly remuneration received by each of its officers and employees, including the system of compensation as provided in its regulations Click here
(xi) Budget allocated to each of its agency, indicating the particulars of all plans, proposed expenditures and reports on disbursements made 1. The Annual budget estimates under FIF are allocated by HO after taking into consideration the past performance in sanction of proposals & release of disbursements, the requirements indicated by the RO as well as the size & potential of each RO.
2. No internal budget is allocated for the CBS process from NABARD. The project is being implemented by the banks with their internal budget.
  
(xii) Manner of execution of subsidy programmes, including the amounts allocated and the details of beneficiaries . Not applicable (No subsidies released by the department)
(xiii) Particulars of recipients of concessions, permits or authorisations granted by the organisation As at the url :Click here
(xiv) Details in respect of the information available to or held by it, reduced in an electronic form (1) Almost entire communication with the Banks and Vendors is through electronic form and the same is maintained in the department.
(2) All information relating to sanction and disbursement of funds is available and held in soft form.
(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
Refer to NABARD's RTI Homepage at the URL
https://www.nabard.org/rti.aspx?id=513&cid=563 
(xvi) The names and designations and other particulars of the PIO Available at the URL : click here
(xvii) Such other information as may be prescribed and thereafter update these publications every year The information in respect of data on RuPay Kisan Cards (number, banks issuing cards, etc.) is being updated on the website.
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