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Last Updated on: 26-Apr-24

Section 4 (1)

INFORMATION ON IFCI LIMITED PURSUANT TO THE PROVISIONS OF RIGHT TO INFORMATION ACT, 2005

Pursuant to the provisions of the Right to Information Act, 2005 and in compliance with Section 4 (1) (b) of Right to Information Act, 2005, the following information is published.

  1. Organization and Function

 

SN Item Details of disclosure
A B C
1.1 Particulars of its organization, functions and duties [Section 4 (1) (b) (i)]

(i)  Name and address of the Organization

(ii)  Head of the organization

(iii)  Vision, Mission and Key objectives
(iv)  Function and duties
(v)  Organization Chart

(vi) Any other details

(a) What We Are
(b) The Journey So Far

1.2 Power and duties of its officers and employees [Section 4 (1) (b) (ii)]

(i) Powers and duties of officers (administrative, financial and judicial) / employees and rules / orders under which powers and duty are derived / exercised

IFCI has well defined Organizational Structure and functions through various departments/divisions under the overall supervision of MD & CEO as per the Organization Chart. The details of administrative, financial and other powers to different category of officers at organization are indicated in the Delegation of Powers (DoP) of the company. Further, adequate institutional arrangements exist to enable the officers and employees of the organization to discharge their duties satisfactorily vis-à-vis various clients, customers and business associates.

All the officers / employees of IFCI have specific duties and delegated powers as required for the day-to-day functions depending upon their positions / area of ​​work. The board decides the delegation of such powers of various grades of officers. These powers are reviewed / revised periodically, depending upon the organization's requirement and also Government / RBI guidelines.

The scheme of empowerment through the instrument of delegation of power ensures that various issues related to disposal of business and serving clients /customers and stakeholders are addressed with adequate speed thereby ensuring quality service. Instrument of delegation of power broadly flows from top-downwards with Board of Directors in its capacity of being the highest decision-making body having powers to dispose off business decision and with the same having been delegated to Managing Director & CEO, Deputy Managing Directors, Chief General Managers, General Managers and there below for adequate and speedy decision making.

Delegation of Power

(ii) Work allocation

Organization chart

Function and duties

(i)  Powers and duties of officers (administrative, financial and judicial)

(ii)  Power and duties of other employees

(iii)  Rules/ orders under which powers and duty are derived and

(iv)  Exercised

(v)  Work allocation

Delegation of Power

Organization Chart

All the officers / employees of IFCI have specific duties and delegated powers as required for the day-to-day functions depending upon their positions/area of work. The Board decides the delegation of such powers of various grades of officials. These powers are reviewed / revised periodically, depending upon the organization's requirement and also Government / RBI guidelines.

1.3 Procedure followed in decision making process [Section 4 (1) (b) (iii)]

(i) Process of decision making  - This includes key decision making points, final decision making authority, related provisions, acts, rules etc., time limit for taking a decision, if any and channel of supervision and accountability

(i) Process of decision making Identify key decision making points

(ii)  Final decision making authority

(iii) Related provisions, acts, rules etc.

(iv) Time limit for taking a decisions, if any

(v) Channel of supervision and accountability

IFCI has established a comprehensive framework regarding decision making processes involved in handling various issues. The major decision-making points for each of the business verticals of IFCI and the final decision-making authorities in respect of these decision points are clearly provided in the Delegation of Powers, approved by the Competent Authority (Link to Delegation of Powers Tab).

Besides Delegation of Powers, the individual Policies governing various issues also have provisions that regulate the decision-making processes, responsibilities at various levels, timelines etc. which are specific to that particular policy.

1.4 Norms for discharge of functions [Section 4 (1) (b) (iv)]

(i) Nature of functions / services offered

  Department / Functions / Services 

  Financial Products

(ii) Norms / standards for functions / service delivery

The functions of the organization are sought to be discharged in an efficient and effective manner through a variety of norms, rules and guidelines set for the purpose, such as –
a) Adherence to Business ethics,
b) Zeal to Excel and Zest for Change,
c) Focus on Customer requirements,
d) Strict adherence to Commitments,
e) Adherence to Prudential norms of the corporation,
f) Compatibility with national plans and priorities, availability & adequacy of all inputs needed to judge Financial & economic viability as also necessary and appropriate clearances,
g) Integrity and fairness in all matters,
h) Respect for Dignity and Potential of Human beings.
i) Ensure speed of response,
j) Foster Learning, Creativity & Teamwork.

These norms, in general, underscore the necessity of discharging of business and responsibility in an efficient and speedy manner with due adherence to the canons of financial propriety, economy, austerity, fair play, transparency, natural justice etc. in various affairs of the organization such as domestic & foreign borrowings, taxations, evaluations, recovery, disbursement dealing with clients and employees and stakeholders etc. Being a commercial organization, commitment to deliver quality service and product to clients and stakeholders get high priority in the norms and rules for disposal of business.

  IFCI Benchmark Rate

  Fair Practices Code

  Code of Business Conduct & Ethics 

(iii) Process by which these services can be accessed

(a) Loan Application Form

(b) SDF - 
https://dfpd.gov.in/listofbasicdocuments.htm
https://dfpd.gov.in/download-forms.htm

(c) MSIPS - 
The process of claim submission by Applicants  along with instruction to fill data in the  prescribed format  and Certificates/documents required  for submission of claim are available in MeitY portal  https://www.msips.in/MSIPS/HomePage . All the applicants can login to the portal using the credentials made available to them by MeitY after approval of their project and download the instructions and formats for data submission. A video link is also available wherein the entire process of claim submission is explained in detail.

(d) Credit Enhancement Guarantee Scheme for Scheduled Castes (CEGSSC)

(e) SPECS

(f) PLI

(iv) Time-limit for achieving the targets

The time limits for achieving various targets is decided based upon operational requirements, achieving efficiencies, criticality of assignment, customer requirement and regulatory requirements.

(v)  Process of redress of grievances

(a) Investor Grievance Mechanism

(b) Ombudsman

1.5

Rules, regulations, instructions manual and records for discharging functions [Section 4(1)(b)(v)]

(i)  Title and nature of the record/ manual /instruction.

(ii)  List of Rules, regulations, instructions manuals and records.

(iii)  Acts/ Rules manuals etc.

There are a number of documents like manuals, book of instructions, codified circulars, delegation of powers, issued for internal use by the employees for discharging various functions.

(i)  Title and nature of the record/ manual /instruction and list of Rules, regulations, instructions manuals and records.

There are a number of documents like manuals, book of instructions, codified circulars, delegation of powers, issued for internal use by the employees for discharging various functions.

All the employees of IFCI are governed by IFCI Staff Regulations, 1974

Pensioners of IFCI are governed by IFCI Pension regulations 1993

Pension Scheme by LIC OF INDIA

(ii)  Acts/ Rules manuals etc.

IFCI being a Public Sector Undertaking follows the guidelines defined under RTI Act.

 (iii)  Transfer policy and transfer orders

The transfers in IFCI are effected keeping in view the organizational requirements and as per defined Transfer Policy.

The organizational changes at the level of Department Heads and above are reflected in the updated Organization Chart.

Transfer Policy is provided here.

1.6

Categories of documents held by the authority under its control   [Section 4(1)(b) (vi)]  

 

(i) Categories of documents & Custodian of Documents

The documents are classified in terms of confidential (which may not be made available to public) and general. The documents held by the company are normally meant for reference within the company by the concerned and responsible officer.

(a) The following are general documents which are held by the department for effective & efficient working of its operations.

  • Article of Association and Memorandum of Association
  • Manuals developed for conducting business and work.

(b) The confidential documents which are exempted from disclosure under section 8 of the Act, are as follows :

  • Minutes of Board Meetings and General Meetings
  • Legal advice, opinions and recommendations for the purpose of deliberative process in the corporation contained in Intra-departmental & Inter-departmental papers.
  • Confidential Reports relating to the performance appraisal of the employees.
  • Information Including commercial confidence, trade secrets or intellectual property, the disclosure of which would harm the competitive position of a third party.
  • Investigatory records compiled for enforcement purpose , but only to the extent that disclosure which would harm any of the following specified interests:
    • Enforcement proceedings.
    • Fair trial or an impartial adjudication
    • Personal privacy.
    • Confidentiality of investigating sources.
    • Techniques, procedures and safety of law enforcement personnel.
    • Information available to a person in his fiduciary position.
    • Information received in confidence from foreign government.
    • Information, the disclosure, of which would endanger the life or physical safety of any person or identify the source of information or assistance given in confidence of law enforcement or security purpose.
    • Information which relates to personal information the disclosure of which has no relationship to any public activity or interest, or which would cause unwarranted invasion of the privacy of the individual.
    • Information specifically exempted from disclosure by status.
    • Information, disclosure of which would prejudicially affect the sovereignty & integrity of India, Security status, Scientific or economic interest, International Relations or leads to incitement of an offence.
    • Information which has been expressly forbidden to be published by any court of law or tribunal or the disclosure of which may constitute contempt of court.
    • Information, disclosure of which would cause a breach of privilege of parliament or the state Legislature.
    • Any other document which the management in its sole discretion decides to keep as confidential.
    • Each department is maintaining its own documents.
1.7

Boards, Councils, Committees and other Bodies constituted as part of the Public Authority [Section 4(1)(b)(viii)]

()

(i)   Name of Boards, Council, Committee etc

IFCI Ltd. is governed by its Board of Directors and its various Committees which are listed below. The Board and its Committees meet at regular intervals and guide IFCI in achieving its objectives. The Board Level Committees of IFCI are -

  • Audit Committee
  • Executive Committee
  • Risk & Asset Liability Management Committee
  • Corporate Social Responsibility Committee
  • Nomination and Remuneration Committee
  • Stakeholders’ Relationship Committee
  • Recovery and NPA Management Committee
  • E – Governance Committee
  • Review Committee on Wilful Defaulters
  • Business Responsibility Reporting Committee
  • Review Committee on Non-Cooperative Borrowers and Recovery & NPA Management Committee
  • IT Strategy Committee

The Current Composition of the Board & Tenure is here

Further, other Standing Committees have been constituted from time to time, details for which are as under:

  • Credit & Investment Committee (CIC)
  • Risk & Asset Liability Management Committee of Executives (RALMCE)
  • Screening Committee of Executives (SCE)
  • Share Transfer Committee of Executives
  • Credit and Operations Committee (C&OC)
  • NPA Review Committee
  • Audit Committee of Executives (ACE)
  • Committee for identifying Non-Cooperative Borrowers and Wilful Defaulters
  • IT Committee
  • Real Estate Committee (REC)
  • Official Language Implementation Committee
  • Internal Complaint Committee(ICC) under Sexual Harassment of women at workplace (Prevention, Prohibition and Redressal Act) 2013
  • Monitoring Committee (For implementation of IFRS based Indian Accounting Standards)
  • HR Review Committee
  • Operating Committee for disclosure to Stock Exchanges
  • Treasury Committee
  • Executive Committee for Disinvestment of IFCI's Stake in Subsidiaries/Associates
  • Rating Committee
  • Fraud Risk Management Committee (FRMC)
  • Committee for Empanelment of Detective Agencies
  • Syndication and Advisory Fee Committee
  • Operations Management Committee
  • Asset Monetisation Committee
  • Risk Based Internal Audit Committee
  • Staff Accountability Committee
  • Internal Advisory Committee
  • Committee of Executives for Empanelment of Valuers (CEEV)
  • Website Review Committee

There is no specific tenure attached with these Committees.

(ii)      Composition

Composition of Board level Committees

(iii)    Dates from which Board Level Committees are constituted- All the above Board Level Committees are at present, permanent in nature. further details are here

(iv)   Term/ Tenure and Powers and functions

Terms of Reference of Board level Committee

(v)    Whether their meetings are open to the public and Whether the minutes of the meetings are open to the public?

       The Meeting and the minutes of Board and Board level committee meetings are not open for general public as per the provisions of the Companies Act,   2013.They are open to the inspection of Directors and statutory / regulatory    bodies as per the provisions of the Companies Act, 2013

 

(vi)  Place where the minutes if open to the public are  available?  

        Not applicable

1.8 Directory of officers and employees [Section 4(1) (b) (ix)]   (i)  Name and designation
(ii)  Telephone , fax and email ID
1.9 Monthly Remuneration received by officers & employees including system of compensation [Section 4(1) (b) (x)]   (i)  List of employees with Gross monthly remuneration
(ii)  System of compensation as provided in its regulations
1.10

Name, designation and other particulars of public information officers   [Section 4(1) (b) (xvi)]  

(i) Name and designation of the public information officer (PIO), Assistant Public Information (s) & Appellate Authority  
(ii)  Address, telephone numbers and email ID of each designated official.
1.11

No. Of employees against whom Disciplinary action has been proposed/ taken   (Section 4(2))  

No. of employees against whom disciplinary action has been  
(i)  Pending for Minor penalty or major penalty proceedings as on 31st March, 2023   
: 2 
(ii)  Finalised for Minor penalty or major penalty proceedings during FY 2022-23
: Major penalties - 0
Minor penalties - 0 

 

As per Section 20(2) of RTI Act, there are 'Nil' disciplinary cases against CPIO for disposal of RTI queries.
1.12 Programmes to advance understanding of RTI   (Section 26)

(i)  Educational programmes 

Various training/ educations programmes pertaining to RTI ACT are conducted on regular basis.

(ii)  efforts to encourage public authority to participate in these programmes

IFCI being a public authority encourages its employees to participate in these programmes.

(iii)  Training of CPIO/APIO

Several training programs were conducted in 2019 to educate CPIO/APIOs on the subject of Right to Information (RTI). The concerned person, who is continuing as CPIO at IFCI, has actively participated in these programs and has acquired a comprehensive understanding of various RTI-related matters.

The details of training programs undertaken are as under:

1. Residential workshop on RTI act - 14-15 February, 2019

2. Implementation of the provisions of the RTI Act 2005 & RTI Rules 2012 - 11-12 June, 2019

3. The emerging trends of the RTI Act 2005 - 29-30 November, 2019

CPIO/APIO stay informed about the latest updates regarding the guidelines of the Right to Information (RTI) Act, 2005 through internal discussions, academic journals, and various publications available in both digital and print media.

(iv)  Update & publish guidelines on RTI by the Public Authorities concerned  

IFCI being a Public Sector Undertaking follows the guidelines defined under RTI Act

1.13 Transfer policy and transfer orders [F No. 1/6/2011- IR dt. 15.4.2013]

All the transfers in IFCI are undertaken based on Transfer policy and business requirements.

Transfer Policy is provided here.

2. Budget and Programme

(ii)  Foreign and domestic Tours by ministries and officials of the rank of Joint Secretary to the Government and above, as well as the heads of the Department.

a)  Places visited

b)  The period of visit

c)  The number of members in the official delegation

d)  Expenditure on the visit

 Not Applicable

 

(iii)  Procedure to avail benefits

a) SDF

b) MSIPS - 
The process of claim submission by Applicants  along with instruction to fill data in the  prescribed format  and Certificates/documents required  for submission of claim are available in MeitY portal  https://www.msips.in/MSIPS/HomePage . All the applicants can login to the portal using the credentials made available to them by MeitY after approval of their project and download the instructions and formats for data submission. A video link is also available wherein the entire process of claim submission is explained in detail.

c) CEGSSC

d) SPECS

e) PLI

(iv)  Duration of the programme/ scheme

a) SDF

b) MSIPS 
About MSIPS 
Ministry site 

c) CEGSSC 

d) SPECS

e) PLI

(v)  Physical and financial targets of the programme

a) SDF

b) MSIPS - 
About MSIPS
Ministry site

c) CEGSSC

d) SPECS

e) PLI

(vi)  Nature/ scale of subsidy /amount allotted

The relevant information pertains to GOI Schemes of which IFCI is a nodal agency and the details are appearing at the links provided below : -

a) SDF - 

Disbursements & Recoveries

b) MSIPS

c) CEGSSC

d) SPECS

e) PLI

S. N. Item Details of disclosure
A B C
2.1

Budget allocated to each agency including all plans, proposed expenditure and reports on disbursements made etc. [Section 4(1)(b)(xi)]

(i)  Total Budget for the public authority

(ii)  Budget for each agency and plan & programmes

(iii)  Proposed expenditures

(iv)  Revised budget for each agency, if any

(v)  Report on disbursements made and place where the related reports are available

The budget allocated to each of its functional / operational domain, indicating the particulars of all plans, proposed expenditures and reports on disbursements made are matters of commercial confidence.

The Budget for subsidy / incentive programmes viz. SDF, M-SIPS and CEGSSC is provided at sr. no. 2.3 below.

2.2 Foreign and domestic tours (F. No. 1/8/2012- IR dt. 11.9.2012)

(i)  Budget

Not applicable

(ii)  Foreign and domestic Tours by ministries and officials of the rank of Joint Secretary to the Government and above, as well as the heads of the Department.

(a)  Places visited

(b)  The period of visit

(c)  The number of members in the official delegation

(d)  Expenditure on the visit

Not applicable

(iii)  Information related to procurements

(a)  Notice/tender enquires, and corrigenda if any thereon,

(b)  Details of the bids awarded comprising the names of the suppliers of goods/ services being procured,

(c)  The works contracts concluded – in any such combination of the above-and

(d)  The rate /rates and the total amount at which such procurement or works contract is to be executed.

Tenders Awarded

 

(iii)  Information related to procurements

a)  Notice/tender enquires, and corrigenda if any thereon,

b)  Details of the bids awarded comprising the names of the suppliers of goods/ services being procured,

c)  The works contracts concluded – in any such combination of the above-and

d)  The rate /rates and the total amount at which such procurement or works contract is to be executed.

Tenders Awarded

2.3 Manner of execution of subsidy programme [Section 4(i)(b)(xii)]

(i)  Name of the programme /activity

The relevant information pertains to GOI Schemes of which IFCI is a nodal agency and the details are appearing at the links provided below : -

(a) SDF - Sugar Development Fund, under the Sugar Development Fund Act, 1982, under the Ministry of Consumer Affairs, Food & Public Distribution (MoCAFPD)

Scheme details on Ministry site

(b) M-SIPS - Modified Special Incentive Package Scheme, under the Ministry of Electronics & Information Technology (MeitY)

MSIPS

(c) CEGSSC - Credit Enhancement Guarantee Scheme for the Scheduled Castes (CEGSSC), under the Ministry of Social Justice and Empowerment (MoSJE)

CEGSSC

(d) SPECS - Scheme for Promotion of Manufacturing of Electronics Components and Semiconductors (SPECS) by Ministry of Electronics and Information Technology (MeitY), Government of India.  IFCI has been issued Work Order to IFCI Ltd. to act as the Project Management Agency (PMA) for the scheme. 

SPECS

 PLI

(ii) Objective of the Programme /activity, Procedure to avail benefits, Duration of the programme, Physical and financial targets of the programme,  Nature/ scale of subsidy /amount allotted, Eligibility criteria for grant of subsidy and Details of beneficiaries of subsidy Programme (number, profile etc)

The relevant information pertains to GOI Schemes and the details are appearing at the links provided below : -

(a) SDF 
About SDF
Scheme details on Ministry site

 

(b) MSIPS
About MSIPS 
Ministry site

 

(c) CEGSSC 

(d) SPECS 

(e) PLI - 

(vii)  Eligibility criteria for grant of subsidy

 

The relevant information pertains to GOI Schemes of which IFCI is a nodal agency and the details are appearing at the links provided below : -

a) SDF -
SDF Act
SDF Rules
SDF Guidelines

b) MSIPS
c) CEGSSC

d) SPECS

e) PLI

(viii)  Details of beneficiaries of subsidy programme (number, profile etc)

The relevant information pertains to GOI Schemes and the details are appearing at the links provided below : -

a) SDF-Scheme details on Ministry site

b) MSIPS

c) CEGSSC

d) SPECS

e) PLI

PLI - The schemes have just started and no financial benefits have been disbursed so far.

2.4

Discretionary and non-discretionary grants [F. No. 1/6/2011-IR dt. 15.04.2013]  

 

(i) Discretionary and non-discretionary grants/ allocations to State Govt./ NGOs/other institutions
IFCI has implemented the RTI Act, 2005 from 2013 onwards, following the applicability of the RTI Act to IFCI. Since then, following is the list of grants provided till 31/12/2020. 
Discretionary Grant – Rs.26.62 Lakh (to Institute of Leadership Development (ILD), Jaipur in Feb 2015)
(ii) Annual accounts of all legal entities who are provided grants by public authorities, which are available here

 

(i)   Discretionary and non-discretionary grants/ allocations to State Govt./ NGOs/other institutions

 

(ii)  Annual accounts of all legal entities who are provided grants by public authorities

IFCI has implemented the RTI Act, 2005 from 2013 onwards, following the applicability of the RTI Act to IFCI. Since then, following is the list of grants provided till 30/11/2019:
1) Institute of Leadership Development (ILD), Jaipur - Rs.26.62 lakh (Feb 2015).

Total Grants provided - Rs.26.62 lakh.

2.5 Particulars of recipients of  concessions, permits of authorizations granted by the public authority [Section 4(1) (b) (xiii)]

(i)  Concessions, permits or authorizations granted by public authority

Not Applicable

(ii)  For each concessions, permit or authorization granted

(a)  Eligibility criteria

(b)  Procedure for getting the concession/ grant and/ or permits of authorizations

(c)  Name and address of the recipients given concessions/ permits or authorisations

(d)  Date of award of concessions /permits of authorizations  

Not Applicable

2.6 `CAG & PAC paras [F No. 1/6/2011- IR dt. 15.4.2013]

(i) CAG and PAC paras and the action taken reports (ATRs) after these have been laid on the table of both houses of the parliament.

Observations of CAG and comments of IFCI's management are included in our annual reports, which are available here

Further, CAG's Performance Audit report on Credit Risk Management in IFCI is available here

 

3. Publicity Band Public interface

Information manual/handbook available in

(i)  Electronic format

(ii)  Printed format

Suo moto disclosure of information under clause 4.1.(b) of the RTI Act is published on our website https://www.ifciltd.com/ , including this web page.

Further certain information is also published through notice boards, newspapers, media broadcast, etc.

S. N. Item Details of disclosure
A B C
3.1

Particulars for any arrangement for consultation with or representation by the members of the public in relation to the formulation of policy  or implementation there of   [Section 4(1)(b)(vii)]   [F No 1/6/2011-IR dt. 15.04.2013]

Arrangement for consultations with  or representation by the members of the public

(i)  Relevant Acts, Rules, Forms and other documents which are normally accessed by citizens

As such it is NOT APPLICABLE. However, as far as information regarding various business products and services are concerned, the same is available for citizens at the IFCI’s website.

(ii)  Arrangements for consultation with or representation by

NOT APPLICABLE

(a)  Members of the public in policy formulation/ policy implementation

(b)  Day & time allotted for visitors

(c)  Contact details of Information & Facilitation Counter (IFC) to provide publications frequently sought by RTI applicants

Not applicable

IFCI's shareholders are Government of India, Nationalised Banks / FIs , other State run Insurance Companies and the Public. The issues concerning the policies can be raised by the shareholders in the Annual General Meetings of IFCI. IFCI also publishes its quarterly and annual results/reports in IFCI's website and in the news papers.

Contact details for our various offices are provided here

Respective Offices / Departments may be contacted during office hours i.e. 9.45 a.m. to 5.45 p.m., Monday to Friday.

Additionally, Investors / Shareholders may reach out through the following link

Public- private partnerships (PPP)

(i)  Details of Special Purpose Vehicle (SPV), if any

(ii)  Detailed project reports (DPRs)

(iii)  Concession agreements.

(iv)  Operation and maintenance manuals

(v)  Other documents generated as part of the implementation of the PPP

(vi)  Information relating to fees, tolls, or the other kinds of revenues that may be collected under authorisation from the government

(vii)  Information relating to outputs and outcomes

(viii)  The process of the selection of the private sector party (concessionaire etc.)

(ix)  All payment made under the PPP project

Not applicable. IFCI is not a concession issuing authority for any PPP project.

3.2 Are the details of policies / decisions, which affect public, informed to them [Section 4(1) (c)]

Publish all relevant facts while formulating important policies or announcing decisions which affect public to make the process more interactive; (i)  Policy decisions/ legislations taken in the previous one year  

IFCI Benchmark Rate
 

Fair Practices Code

Code of Business Conduct & Ethics

(ii)  Outline the Public consultation process

Not Applicable

(iii)  Outline the arrangement for consultation before formulation of policy

Not Applicable

3.3 Dissemination of information widely and in such form and manner which is easily accessible to the public [Section 4(3)]

Use of the most effective means of communication [Internet (website)]

Suo moto disclosure of information under clause 4.1.(b) of the RTI Act is published on our website https://www.ifciltd.com/ , including this web page.

Further certain information is also published through notice boards, newspapers, media broadcast, etc.

Use of the most effective means of communication (i)  Internet (website)

 

Suo moto disclosure of information under clause 4.1.(b) of the RTI Act is published on our website https://www.ifciltd.com/ , including this web page.

Further certain information is also published through notice boards, newspapers, media broadcast, etc.

3.4

Form of accessibility of information manual/ handbook [Section 4(1)(b)]

Information manual/handbook availability [(i) Electronic format (ii) Printed format]

Suo moto disclosure of information under clause 4.1.(b) of the RTI Act is published on our website https://www.ifciltd.com/ , including this web page.

The information is readily available here also.

Further certain information is also published through notice boards, newspapers, media broadcast, etc.

3.5

Whether information manual/ handbook available free of cost or not [Section 4(1)(b)]

List of materials available [(i) Free of cost (ii) At a reasonable cost of the medium]

Suo moto disclosure of information under clause 4.1.(b) of the RTI Act is published on our website https://www.ifciltd.com/ , including this web page. Access to information on the website is available free of cost.

The information is readily available here also.

List of materials available

 

(i)  Free of cost

(ii)  At a reasonable cost of the medium

Suo moto disclosure of information under clause 4.1.(b) of the RTI Act is published on our website https://www.ifciltd.com/ , including this web page. Access to information on the website is free of cost.

   

4. E. Governance

S .N. Item Details of disclosure
A B C
4.1 Language in which Information Manual/Handbook Available [F No. 1/6/2011-IR dt. 15.4.2013]

(i)  English  

Suo moto disclosure of information under clause 4.1.(b) of the RTI Act is published on our website https://www.ifciltd.com/ , including this web page and are also available here.

(ii)  Vernacular/ Local Language

Suo moto disclosure of information under clause 4.1.(b) of the RTI Act is also published on our Hindi website - https://www.ifciltd.com/?q=hi , and following is link to our hindi RTI page - https://www.ifciltd.com/?q=hi/content/%E0%A4%A7%E0%A4%BE%E0%A4%B0%E0%A4%BE-41.

4.2 When was the information Manual/Handbook last updated? [F No. 1/6/2011-IR dt 15.4.2013]

Last date of Annual updation: August 04/08/2022

Website is regularly updated. As per date of updation appearing on the Website

4.3 Information available in electronic form [Section 4(1)(b)(xiv)] (i)  Details of information available in electronic form

(ii)  Name/ title of the document/record/ other information

(iii)  Location where available

Information pertaining to suo moto disclosure under clause 4.1.(b) of the RTI Act and certain additional information is already published on our website https://www.ifciltd.com/ , including this web page. 

Further, other documents are available on our internal IT systems and if such documents are not exempt under section 8 of the RTI Act, then the same may be shared based on receipt of suitable RTI application.

4.4

Particulars of facilities available to citizen for obtaining information [Section 4(1)(b)(xv)]

(i)    Name & location of the faculty and details of information made available

IFCI's shareholders are Government of India, Nationalised Banks / FIs, other State run Insurance Companies and the Public. Shareholders are welcome to attend the Annual General Meetings of IFCI. IFCI also publishes its quarterly and annual results/reports in IFCI's website and in the newspapers.

Additionally, Investors / Shareholders may reach out through the following link

Investor Services

 

The organisation chart is provided here

Contact details for our various offices are provided here

Information pertaining to suo moto disclosure under clause 4.1.(b) of the RTI Act and certain additional information is already published on our website https://www.ifciltd.com/ , including this web page. 

(ii)  Working hours of the facility

Respective Offices / Departments may be contacted during office hours i.e. 09:45 am to 05:45 pm, Monday to Friday.

(iii)  Contact person & contact details (Phone, fax email)      

Contact details of CPIOs are provided here. Citizens may approach the CPIOs within the framework of the RTI Act, 2005.

Please note that, the Company does not maintain any library or reading room for public use.(i)    Name & location of the faculty

 

(ii)  Details of information made available

(iii)  Working hours of the facility

(iv)  Contact person & contact details (Phone, fax email)      

Information pertaining to suo moto disclosure under clause 4.1.(b) of the RTI Act and certain additional information is already published on our website https://www.ifciltd.com/ , including this web page. 

Contact details of CPIOs are provided here . Citizens may approach the CPIOs within the framework of the RTI Act, 2005.

IFCI's shareholders are Government of India, Nationalised Banks / FIs, other State run Insurance Companies and the Public. Shareholders are welcome to attend the Annual General Meetings of IFCI. IFCI also publishes its quarterly and annual results/reports in IFCI's website and in the news papers.

Additionally, Investors / Shareholders may reach out through the following link

The organisation chart is provided here

Contact details for our various offices are provided here

Respective Offices / Departments may be contacted during office hours i.e. 9.45 a.m. to 5.45 p.m., Monday to Friday.

Please note that, the Company does not maintain any library or reading room for public use.

4.5 Such other information as may be prescribed under section 4(i) (b)(xvii)

(i)  Grievance redressal mechanism

(a) Investor Grievance Mechanism

(b) Ombudsman

(ii)  Details of applications received under RTI and information provided

IFCI has implemented the RTI Act, 2005 from 2013 onwards, following the applicability of the RTI Act to IFCI and has been providing information under the Act to the citizens ensuring transparency and fairness in its business activities.

Following is the year-wise count of applications / first appeals received by IFCI, and the same were disposed off within the stipultated time, as per the provisions of the RTI Act, 2005:

FY 2012-13 - 32 applications.
FY 2013-14 - 134 applications.
FY 2014-15 - 110 applications.
FY 2015-16 - 114 applications.
FY 2016-17 - 142 applications.
FY 2017-18 - 95 applications. 
FY 2018-19 - 98 applications
FY 2019-20 - 117 applications
FY 2020-21 - 93 applications
FY 2021-22 - 110 applications
FY 2022-23 - 160 applications.

Details of applications received and disposed of are provided here  

IFCI has implemented the RTI Act, 2005 from 2013 onwards, following the applicability of the RTI Act to IFCI and has been providing information under the Act to the citizens ensuring transparency and fairness in its business activities.

Following is the year-wise count of applications / first appeals received by IFCI, and the same were disposed off within the time, as per the provisions of the RTI Act, 2005:

FY 2012-13 - 32 applications.
FY 2013-14 - 134 applications and 11 appeals.
FY 2014-15 - 110 applications and 30 appeals.
FY 2015-16 - 114 applications and 40 appeals.
FY 2016-17 - 142 applications and 16 appeals.
FY 2017-18 - 95 applications and 13 first appeals. 
FY 2018-19 - 98 applications and 07 first appeals
FY 2019-20 – 117 applications and 10 first appeals
FY 2020-21 - 93 applications and 15 first appeals
FY 2021-22 – 110 applications and 10 first appeals
FY 2022-23 – 160 applications and 20 first appeals

(iii)  List of completed schemes/ projects/ Programmes - Not Applicable

(iv)  List of schemes/ projects/ programme underway

Details of subsidy/incentive schemes underway are provided in detail at sr. no. 2.3 above. Links to the overview of the schemes are provided below for easy reference:

(a) SDF 

(b) MSIPS 

(c) CEGSSC 

(d) SPECS 

(e) PLI 

a) SDF - 

 

b) MSIPS - 
About MSIPS
Ministry site

c) CEGSSC

About CEGSSC

(v)  Details of all contracts entered into including name of the contractor, amount of contract and period of completion of contract

Details of all Tenders awarded

(vi)  Annual Report

(vii)  Frequently Asked Question (FAQs)

FAQs for Shareholders

FAQs for Bondholders

(viii)  Any other information such as

(a)  Citizen’s Charter

(b)  Result Framework Document (RFD)

(c)   Six monthly reports on the

(d)  Performance against the benchmarks set in the Citizen’s Charter

Not Applicable

4.6 Receipt & Disposal of RTI applications & appeals [F.No 1/6/2011-IR dt. 15.04.2013]

(i)  Details of applications received and disposed

IFCI has implemented the RTI Act, 2005 from 2013 onwards, following the applicability of the RTI Act to IFCI and has been providing information under the Act to the citizens ensuring transparency and fairness in its business activities.

Following is the year-wise count of applications / first appeals received by IFCI, and the same were disposed off within the stipultated time, as per the provisions of the RTI Act, 2005:

FY 2012-13 - 32 applications.
FY 2013-14 - 134 applications.
FY 2014-15 - 110 applications.
FY 2015-16 - 114 applications.
FY 2016-17 - 142 applications.
FY 2017-18 - 95 applications. 
FY 2018-19 - 98 applications
FY 2019-20 – 117 applications
FY 2021-22 - 110 applications
FY 2022-23 - 160 applications

Details of applications received and disposed of are provided here 

(ii)  Details of appeals received and orders issued

IFCI has implemented the RTI Act, 2005 from 2013 onwards, following the applicability of the RTI Act to IFCI and has been providing information under the Act to the citizens ensuring transparency and fairness in its business activities.

 

Following is the year-wise count of applications / first appeals received by IFCI, and the same were disposed off within the stipultated time, as per the provisions of the RTI Act, 2005:

FY 2012-13 - 32 applications.
FY 2013-14 - 134 applications and 11 appeals.
FY 2014-15 - 110 applications and 30 appeals.
FY 2015-16 - 114 applications and 40 appeals.
FY 2016-17 - 142 applications and 16 appeals.
FY 2017-18 - 95 applications and 13 first appeals. 
FY 2018-19 - 98 applications and 07 first appeals
FY 2019-20 – 117 applications and 10 first appeals
FY 2021-22 - 110 applications and 10 first appeals
FY 2022-23 - 160 applications and 20 first appeals

Following is the year-wise count of first appeals received by IFCI, and the same were disposed off within the stipultated time, as per the provisions of the RTI Act, 2005:

FY 2013-14 - 11 appeals.
FY 2014-15 - 30 appeals.
FY 2015-16 - 40 appeals.
FY 2016-17 - 16 appeals.
FY 2017-18 - 13 first appeals. 
FY 2018-19 - 07 first appeals.
FY 2019-20 –10 first appeals.
FY 2021-22 - 10 first appeals.
FY 2022-23 - 20 first appeals.

 

Details of Appeals received and disposed are provided here

4.7 Answer to questions asked in the parliament [Section 4 (1) (d) (2)]

Details of questions asked and answers are given here.

 

5. Information as may be prescribed

 

SN Item Details of disclosure
A B C
5.1 Such other information as may be prescribed [F.No. 1/2/2016-IR dt. 17.8.2016, F no. 1/6/2011-IR dt. 15.4.2013]

(i) Name & details of

(a)  Current CPIOs & FAAs

(b)  Earlier CPIO & FAAs from 1.1.2015

(ii) Details of third party audit of voluntary disclosure  

(a) Date of audit carried out - FY 2019-20 - 15/06/2020

(b) Date of Audit carried out - FY 2020-21 - 15/06/2021

(c)  Report of the audit carried out- FY 2019-20

(d)  Report of the audit carried out- FY 2020-21

(e)  Report of the audit carried out- FY 2021-22

(f)  Report of the audit carried out- FY 2022-23

(iii) Appointment of Nodal Officers not below the rank of Joint Secretary / Additional HoD  

(a) Date of appointment

     23/03/2021

(b) Name & Designation of the officers

     Ms. Pooja Singla, DGM

(iv) Consultancy committee of key stake holders for advice on suo-motu disclosure  

(a) Dates from which constituted

    23/03/2021

(b) Name & Designation of the officers

a. Shri V.S. Nair, GM
b. Shri Himanshu Sharma, GM
c. Shri Alok Sabharwal, GM

(v) Committee of PIOs / FAAs with rich experience in RTI to identify frequently sought information under RTI

(a) Dates from which constituted

     23/03/2021 

(b) Name & Designation of the Officers

a. Mr Atul Saxena, CGM - FAA
b. Mr Chirag Sapra, DGM – CPIO
c. Mr P Sivakumar, AGM & Incharge, HRO – CAPIO
d. Ms Jyoti Bhutani, AGM & Incharge, MURO - CAPIO
e. Shri Suresh Kumar, AGM & Incharge, KRO – CAPIO

 

   

6. Information Disclosed on own Initiative

 

SN Item Details of disclosure
A B C
6.1 Item / information disclosed so that public have minimum resort to use of RTI Act to obtain information
List of Issues for which IFCI is a Debenture Trustee
Debenture Trustee Reports

Sale Notices & Tenders for NPA assets

CSR Policies
6.2 Guidelines for Indian Government Websites (GIGW) is followed (released in February 2009 and included in the Central Secretariat Manual of Office Procedures (CSMOP) by Department of Administrative Reforms and Public Grievances, Ministry of Personnel, Public Grievance and Pensions, Govt. Of India)

(i) Whether STQC certification obtained and its validity.

Not applicable

(ii) Does the website show the certificate on the website?

Not applicable