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The procedure followed in the decision making process including channels of supervision and accountablity

 

a) There exists a well defined system regarding decision making process  and decisions are taken by the delegated authority, as also, committees of Officers/Secretary/Chairman.

b) There exists a well defined organization structure and a clear system of acountablity and DoPs are strictly adhered to.

c) Various Committees are constituted for the purposes of decision making and sanctioning of loans/grants namely Sub-committee on Review on interest rates/Investment Committee for investment of surplus funds/Sub-committee for reviewing the status of R & D projects in upstream section costing more than Rs1.00 crore.



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