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Manual - 1

Particulars of Organization, Functions and Duties

 

1.9                   Expectation of the public authority from the public for enhancing its effectiveness and efficiency. 

            Corporation’s expectation from the public is as under:

The Corporation is an enterprise under Social sector.  The main objective of the Corporation is to promote economic and developmental activities for the benefit of people of backward classes living below double the poverty line by way of concessional  loans on lower rate of interest for setting up units for self employment.  The loans are given to eligible beneficiaries through State Channelising Agencies nominates by respective State Govts/UT Administrations.  It is expected from the beneficiaries to do their work on full dedication  honesty and upgrade their standard of living and repay the loan timely so that other may also be given the benefit of the Scheme by recycling of funds.  By this means maximum number of target group can be covered. 

1.10                  Arrangements and methods made for seeking public  participation/contribution:           

Public participation is in the:

·      Parliamentary Consultative and Standing Committee for monitoring of Schemes,

·      Parliamentary Standing Committee for implementation of Official Language.

·       Independent Directors on the Board.

·       Advisory Committee of Official Language of the Ministry. 
 

1.11             Mechanism available for monitoring the service delivery and public grievance. 

The Corporation conduct Evaluation Studies from time to time in the States through independent accredited agencies in order to have close monitoring of the ongoing schemes of NBCFDC.

 

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