Scroll Down

Right to Information

Department of Storage and Marketing (DSM)

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

Sr. No Particulars Information
Sr.No. Particulars Information
(i) Particulars of its organisation, functions and duties Organisation/Department :
NABARD/ Department of Storage and Marketing (DSM), Head Office, Mumbai,
Tel : 022 26524207
Fax:022-26523895
e-mail :dsm@nabard.org

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 produce directly.
  • 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.
(ii) 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 Sanctioning Committee
State Governments and State Owned Entities (backed by State Government Guarantee) Loan upto Rs. 100 crore Loan above Rs. 100 crore
State owned entities (not backed by State Government guarantee) and Private Sector Loan upto Rs. 50 crore Loan above Rs. 50 crore

The proposals involving financial sanction are scrutinised as per the board approved guidelines.

(iii) Procedure followed in the decision making process, including channels of supervision and accountability
  • Policies related with the various activities of the department are formulated at Head Office level.
  • 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.
(v) 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.
(vi) 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.
(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 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.
(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 Not Applicable
(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 GoI through budgetary announcement has created two special funds viz. Warehouse Infrastructure Fund during 2013- 14 and 2014- 15 with a corpus of Rs. 5000 crore for each year for providing financial assistance to warehousing sector. Food Processing Fund was created during 2014-15 with a corpus of Rs. 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 December 2023 are as below:

(Rs. Crore)

Name of Fund Net Corpus Available Sanctions Disbursement
WIF 2013- 14 4481 4481 4108.60
WIF 2014- 15 5000 4995.23 4962.48
FPF 2014-15 2000 1191.57 787.82
(xii) 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 scheme guidelines.
(xiii) Particulars of recipients of concessions, permits or authorisations granted by the organization Not applicable
(xiv) 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.
(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 Not applicable
(xvi) The names , designations and other particulars of the Public Information Officers

Information is available on the public domain www.nabard.org at below link

Click Here

(xvii) Such other information as may be prescribed and thereafter update these publications every year -
Scroll Up