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.

    The list of officers and Employees 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) 10th Floor, Hindustan Times Building 18 & 20, Kasturba Gandhi Marg New Delhi-110 001 91-011- 234452501 91-011-23730251 ss.garg@iifcl.org

Appellate Authority

 

Name Designation Address Phone No. Fax No. E-mail
Dr. S D Nanda Chief Legal Officer India Infrastructure Finance Company Limited (IIFCL) 8th Floor, Hindustan Times Building 18 & 20, Kasturba Gandhi Marg New Delhi-110 001 91-011- 23450260 91-011-23730251 sdnanda@iifcl.org

 

 

 Annexure I

 

S. No.
Name   of Officer (Mr./Ms.)
Designation
1
SANJEEV GHAI
Chief General Manager
2
S KRISHNAN
Chief General Manager
3
RAJEEV MUKHIJA
Chief General Manager
4
PADMANABHAN RAJA JAISHANKAR
Chief General Manager
5
EMANDI SANKARA  RAO
Chief General Manager
6
C M KHURANA
Chief General Manager
7
SUNIL DUTT NANDA
Chief Legal Officer
8
ANIL TANEJA
General Manager
9
SUBODH SHARMA
General Manager
10
RAKESH KUMAR
General Manager
11
REKHA SHUKLA
General Manager
12
S SIVA KUMAR
General Manager
13
SHYAM SHARAN GARG
General Manager
14
ASHWANI KUMAR AGARWAL
General Manager
15
SURESH KUMAR SHARMA
Deputy General Manager
16
GAURAV KUMAR
Deputy General Manager
17
NARESH GOYAL
Deputy General Manager
18
SANJEEV KUMAR
Deputy General Manager
19
T.  HARI KRISHNAN
Deputy General Manager
20
PRAMOD KUMAR SINHA
Deputy General Manager
21
SUMER SINGH
Deputy General Manager
22
JEEWAN KUMAR
Deputy General Manager
23
MADHURI TRIVEDI
Assistant General Manager
24
KRUPASINDHU GURU
Assistant General Manager
25
RUCHI MALIK
Assistant General Manager
26
KULDEEP GULATI
Assistant General Manager
27
RAJEEV KUMAR GUPTA
Assistant General Manager
28
MANJARI MISHRA
Assistant General Manager
29
RASHMI KADIAN
Assistant General Manager
30
AMITABH MUKUND
Assistant General Manager
31
SUDHIR KUMAR
Assistant General Manager
32
ASHUTOSH JAISWAL
Assistant General Manager
33
SANJAY KUMAR
Assistant General Manager
34
VINITA SRIVASTAVA
Assistant General Manager
35
SHIVANI MISHRA
Manager
36
TARANPREET SINGH
Manager
37
SANJEEV KUMAR
Manager
38
INDU MALHOTRA
Manager
39
JYOTI GROVER
Manager
40
SHRADHA CHHABRA SINGH
Manager
41
PANKAJ KUMAR BANSAL
Manager
42
SONAL GUTGUTIA
Manager
43
VIVEK KUMAR SINGH
Manager
44
ABHIRUP SINGH
Manager
45
RAMESHWARI
Manager
46
NAYAAB JAIN
Manager
47
JWNGLARY BASUMATARY
Manager
48
UDAY SINGH NAGPAL
Manager
49
SONI
Manager
50
MAYANK KALSAN
Manager
51
ESHANT AGGARWAL
Manager
52
NEERAJ GUPTA
Manager
53
KRISHNA CHAITANYA JHA
Manager
54
RAGHAV AGGARWLA
Manager
55
NIKHILESH KUMAR CHELLANI
Manager
56
TARIQUE ANJUM
Manager
57
AJAY SINGH
Manager
58
ADITI DAS
Manager
59
SANJAY MANGTANI
Manager
60
CHANCHAL RAHEJA
Manager
61
PANKAJ YADAV
Manager
62
ANKITA GUPTA
Manager
63
C SHYLA
Manager
64
SHIKHA SEHGAL
Assistant Manager
65
SUBHASISH GIRI
Assistant Manager
66
SUMAN RUHAL
Assistant Manager
67
HITESH YADAV
Assistant Manager
68
JATIN KUMAR
Assistant Manager
69
RADHIKA SRIVASTAVA
Assistant Manager
70
SHAILESH YADAV
Assistant Manager
71
SURINDER YADAV
Assistant Manager
72
ADITYA SHANKAR ARORA
Assistant Manager
73
AKSHAY DHADDA
Assistant Manager
74
SARVESH SUMAN
Assistant Manager
75
ISHANT KUMAR VARMA
Assistant Manager
76
AMIT KUMAR
Assistant Manager
77
SHRUTI KANSAL
Assistant Manager
78
PRADEEP REWAR
Assistant Manager
79
ANSHUL BHALLA
Assistant Manager
80
SALONI MALHOTRA
Assistant Manager
81
T R MUKUNDHARAJAN
Assistant Manager
82
PANKAJ SINGH
Assistant Manager
83
MANISH GUPTA
Assistant Manager
84
SANJAY PANDEY
Assistant Manager
85
APOORV SAXENA
Assistant Manager
86
ABHISHEK VERMA
Assistant Manager
87
PAWAN KUMARI
Assistant Manager
88
GOVIND SHARMA
Office Assistant

 

 

Annexure II 

S.No. Grade Designation Revised Scale (In Rs)
(i) Grade A Assistant Manager 17100 - 1000 (11) - 28100 - EB - 1000 (4) - 32100 - 1100 (1) - 33200 (17 years)
(ii) Grade B Manager 21000 - 1000 (9) - 30000 - EB – 1000 (2) - 32000 - 1100 (4) - 36400 (16 years)
(ii) Grade C Assistant General Manager 28350 - 1000 (5) - 33350 - 1150 (4) -37950 - EB - 1150 (3) - 41400(13 years)
(ii) Grade D Deputy General Manager 39850 - 1200 (2) - 42250 - 1300 (3) -46150 (6 years)
(ii) Grade E General Manager 42300 - 1300 (3) - 46200 - 1400 (3) -50400 - 1600 (1) - 52000 (8 years)
(ii) Grade F Chief  General Manager 60600 - 1600 (4) - 67000 ( 5 years)