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Information Under Section 4 (1) (b)

Information under section 4 (1) (b) of the Right to Information Act, 2005

4. (1) (b) i The particulars of organization functions and duties

    India Infrastructure Finance Company Limited (IIFCL) was incorporated on January 5, 2006 under the Companies Act 1956 as a wholly Government owned Company. The authorized capital of the Company is Rs. 5,000 crore of which, paid up capital, at present, is Rs. 3,300 crore. Besides, the borrowing programme of the Company would have sovereign support, wherever required.
    IIFCL funds commercially viable infrastructure projects in the country in accordance with the Scheme(SIFTI). Broadly, IIFCL funds such projects by way of:
    • Long Term Debt
    • Refinance to banks and financial institutions for loans with tenor of more than 10 years, granted by them.
    • Any other method approved by Government of India

4. (1) (b) ii The powers and duties of its officers and employees

    All the officers of the Company have specified 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 officials. These powers are reviewed / revised, depending upon the organization’s requirement and also Government guidelines.

4. (1) (b) iii The procedure followed in the decision making process, including channels of supervision and accountability.

    There is a well defined system in the Company regarding decision making process. Overall management of the Company is vested with the Board of Directors of the Company. The Board of Directors is the highest decision making body within the Company. As per the provisions of the Companies Act, 1956 certain matters require the approval of the shareholders of the Company in General Meeting. The Company follows a committee based approach wherever needed. Administrative decisions are taken at various levels of Officers and also by Chairman & Managing Director as per the powers delegated to them by the Board.

4. (1) (b) iv The norms set by the Company for the discharge of its functions.

    The policies and norms are approved by Government of India and the Board of Directors of the Company.

4. (1) (b) v The rules, regulations, instructions, manuals and records, held by the Company or under its control or used by its employees for discharging its functions.

    India Infrastructure Finance Company Limited (IIFCL) was incorporated on January 5, 2006 under the Companies Act 1956 as a wholly Government owned Company. The authorized capital of the Company is Rs. 5,000 crore of which, paid up capital, at present, is Rs. 2,500 crore. Besides, the borrowing programme of the Company would have sovereign support, wherever required.
    IIFCL funds commercially viable infrastructure projects in the country in accordance with the Scheme(SIFTI). Broadly, IIFCL funds such projects by way of:
    • Articles of Association and Memorandum of Association.
    • SIFTI
    • Directions/Circulars of the Government, Comptroller and Auditor General of India (CAG), CBDT, Board of Directors of the company etc. from time to time.
    • Various circulars, instructions issued by the company in the matter of disposal of business etc.
    The preparation of Operations Manual for internal use by the employees for discharging various functions is in progress.

4. (1) (b) vi A statement of the categories of documents that are held by the Company or under its control.

    The Company maintains register of shareholders and record of proceedings of the Board meetings at its Office.

4. (1) (b) vii The 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.

    The Company publishes its quarterly and annual results/reports on the Company's website.

4. (1) (b) 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 Company has the following bodies:
    • Board of Directors.
    • Audit Committee of the Board
    • Management and Investment Committee
    • Corporate Social Responsibility Committee
    • Bond Issue Committee
    • Remuneration Committee
    • Risk Management and ALCO Committee (RMAC)
    The Board and its Committee meet at regular intervals and guide the Company in achieving its objectives. The meetings of the Board or Committee are not open to the public and the minutes of such meetings are not accessible to public.

4.(1) (b) ix A directory of its officers and employees on seniority basis.
 The list of officers and Employees on grade wise seniority basis is at Annexure I.

4. (1) (b) x The monthly remuneration received by each of its officers and employees, including the system of compensation as provided in its regulations

    The details of Scales of Pay of Officers & Staff are given in the Annexure II.

4. (1) (b) xi The budget allocated to each of its agency, indicating the particulars of all plans, proposed expenditures and reports on disbursements made.

    IIFCL prepares Revenue Expenditure Budget every year. Expenditure incurred by IIFCL is governed by the budget.

4. (1) (b) xii The manner of execution of subsidy programmes including the amounts allocated and the details of beneficiaries of such programmes.

    IIFCL prepares Revenue Expenditure Budget every year. Expenditure incurred by IIFCL is governed by the budget.

4. (1) (b) xiii Particulars of recipients of concession, permits or authorizations granted by it.

    There is no programme in the Company for grant of concessions, permits, authorization etc.

4. (1) (b) xiv Details in respect of the information available to or held by it, reduced in an electronic form.

    The general information is available at the Company’s website.

4. (1) (b) xv The particulars of facilities available to citizens for obtaining information including the working hours of a library or reading room, if maintained for public use.

    The facilities for availing information are available to citizens at the Company’s website. Public can also approach PIO of the Company whose addresses are given below. Company does not maintain any library or reading room for public use.

4. (1) (b) xvi The names, designations and other particulars of the Public Information Officer (PIO) and Appellate Authority

    The names and addresses of the PIO, APIO/s and Appellate Authority are as under:

     

                 Board Level Committees of IIFCL
 
1.       Audit Committee
2.      Management and Investment Committee
3.      Corporate Social Responsibility Committee
4.      Bond Issue Committee
5.      Remuneration Committee
6.      Risk Management and ALCO Committee (RMAC)

 

Chief Public Information Officer

 

Name Designation Address Phone No. Fax No. E-mail
Dr. S S Garg GM India Infrastructure Finance Company Limited (IIFCL) 5th floor,  Block 2, Plate A & B NBCC Tower East  Kidwai  Nagar New Delhi-110023 phone : 011-23450299 91-011- 234452501 91-011-23730251 ss.garg@iifcl.org

Appellate Authority

 

Name Designation Address Phone No. Fax No. E-mail
Mr. P.R Jaishankar CGM India Infrastructure Finance Company Limited (IIFCL) 5th floor,  Block 2, Plate A & B NBCC Tower East  Kidwai  Nagar New Delhi-110023 phone : 011-23450299 91-011- 23450224 91-011-23730251 jaishankar@iifcl.org

  

 Annexure I

 

Sr No
Name
Designation
 
1
S.Krishnan
Chief General Manager
 
2
Rajeev Mukhija
Chief General Manager
 
3
P.R.Jaishankar
Chief General Manager
 
4
Anil Taneja
Chief General Manager
 
5
Prasanta Kumar Praharaj
Chief Risk Officer
 
6
Subodh Sharma
General Manager
 
7
Rakesh Kumar
General Manager
 
8
Rekha Shukla
General Manager
 
9
S Siva Kumar
General Manager
 
10
Shyam Sharan Garg
General Manager
 
11
Ashwani Kumar Agarwal
General Manager
 
12
Naresh Goyal
General Manager
On Deputation to IIFC (UK) Ltd.
13
Gaurav Kumar
General Manager
 
14
Sanjeev Kumar
Deputy General Manager
On Deputation to NHAI
15
T Hari Krishnan
Deputy General Manager
 
16
Sumer Singh
Deputy General Manager
 
17
Vishal Rathore
Deputy General Manager
 
18
Rajeev Kumar Gupta
Deputy General Manager
 
19
Kuldeep Gulati
Deputy General Manager
 
20
Vivek Rajawat
Deputy General Manager
 
21
Krupasindhu Guru
Assistant General Manager
 
22
Ruchi Malik
Assistant General Manager
 
23
Rashmi Kadian
Assistant General Manager
 
24
Manjari Mishra
Assistant General Manager
 
25
Amitabh Mukund
Assistant General Manager
 
26
Sudhir Kumar
Assistant General Manager
 
27
Ashutosh Jaiswal
Assistant General Manager
 
28
Sanjay Kumar
Assistant General Manager
 
29
Vinita Srivastava
Assistant General Manager
 
30
Rupesh Kumar
Assistant General Manager
 
31
Tarique Anjum
Assistant General Manager
 
32
Ajay Singh
Manager
 
33
Shivani Mishra Bhardwaj
Manager
 
34
Sanjeev Kumar
Manager
 
35
Indu Malhotra
Manager
 
36
Jyoti Grover
Manager
 
37
Sonal Gutgutia
Manager
 
38
Mayank Kalsan
Manager
 
39
Krishna Chaitanya Jha
Manager
 
40
Sanjay Mangtani
Manager
 
41
Chanchal Raheja
Manager
 
42
Pankaj Yadav
Manager
 
43
Ankita Gupta
Manager
 
44
Vivek Kumar Singh
Manager
 
45
Pankaj Kumar Bansal
Manager
 
46
Shradha Chhabra Singh
Manager
 
47
Abhirup Singh
Manager
 
48
Jwnglary Basumatary
Manager
 
49
Nayaab Jain
Manager
 
50
Soni
Manager
 
51
Rameshwari
Manager
 
52
Raghav Aggarwal
Manager
 
53
Uday Singh Nagpal
Manager
 
54
Eshant Aggarwal
Manager
On Deputation to IIFC (UK) Ltd.
55
Nikhilesh Kumar Chellani
Manager
 
56
C Shyla
Manager
 
57
Neha Sharma
Manager
 
58
Sonu Sharma
Manager
 
59
Ajai Pratap Singh
Manager
 
60
Shikha Bajaj
Manager
 
61
Subhasish Giri
Manager
 
62
Hitesh Yadav
Manager
 
63
Suman Ruhal
Manager
 
64
Jatin Kumar
Manager
 
65
Radhika Srivastava
Deputy Manager
 
66
Shailesh Yadav
Deputy Manager
 
67
Surinder Yadav
Deputy Manager
 
68
Sarvesh Suman
Deputy Manager
 
69
Ishant Kumar Varma
Deputy Manager
 
70
Amit Kumar
Deputy Manager
 
71
Shruti Kansal
Deputy Manager
 
72
Saloni Malhotra
Deputy Manager
 
73
Akshay Dhadda
Deputy Manager
 
74
T R Mukundharajan
Deputy Manager
 
75
Pankaj Singh
Deputy Manager
 
76
Manish Gupta
Deputy Manager
 
77
Sanjay Pandey
Deputy Manager
 
78
Apoorv Saxena
Deputy Manager
 
79
Pawan Kumari
Deputy Manager
 
80
Abhishek Verma
Deputy Manager
 
81
Arpit Jain
Deputy Manager
 
82
Vinod Kumar Bhati
Deputy Manager
 
83
Govind Sharma
Office Assistant
 
Officer on Deputation in IIFCL from Subsidiary Company
Sr No
Name
Designation
Remarks
1
Ashish Jain
Deputy General Manager
On deputation

 

Annexure II 

S. No.

Grade

Designation

Present Pay Scale (In Rs.)

(i)

Grade A

Deputy/ Assistant  Manager

28150-1550(4) – 34350 -1750(7) – 46600 –EB – 1750(4) – 53600 – 2000(1)  - 55600 (17 years)

(ii)

Grade ‘B’

Manager

35150 – 1750 (9)  - 50900 – EB -1750(2) -54400 -2000(4) -62400 (16years)

(iii)

Grade ’C’

Assistant General Manager

49000 – 1750(3) -54250 -1900(2) – 58050-2000(4) – 66050 –EB – 2000(2) -70050-2150(1) – 72200 (13 years)

(iv)

Grade ‘D’

Deputy General Manager

68500 – 2150(2) -72800 – 2250(6) – 86300(9 years)

(v)

Grade ‘E’

General Manager

72800 -2250(1) – 75050 – 2400(2) – 79850 – 2500(3) – 87350 – 3000(5) – 102350(12 years)

(vi)

Grade ‘F’

Chief General Manager

101900 -3000(4) – 113900 (5 years)