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Implementation of Policy
The
Corporation implements its schemes through State Channelising
Agencies (SCAs) nominated by respective State Govts/UT
Administrations. The SCAs are independent organisation of the
concerned State Govts. Most of SCAs are registered under the
Companies Act, 1956 and some are under the Societies Act. SCAs
are having their Head Office at State Capitals and their field
offices at Distt. level. Identification and selection of
beneficiaries, approval of Project, disbursement of loan and its
utilization and recovery from beneficiaries are done by State
Channelising Agencies through their field offices. SCAs are
required to hold the meeting of their Boards/Councils as per their
bylaws governed under the Act. MD, NBCFDC or his nominee is
Director on the Board of Directors of many of SCAs.
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