The Committee

Chief Patron: Shri Anil Shastri, Special Invitee, Congress Working Committee (CWC), Patron: UK Mohanty, President: K Malligaraj, Vice President: DK Mazumdar, General Secretary: Dr DS Chauhan, Organising Secretary: BB Ghadage, Treasurer: AKS Chauhan, Zonal Secretaries: VK Pahwa (North), B V Rao (Central), H R Srivatsa (West), TV Narasimha Rao (South), Anand Bajpai (East), J L Samudre (North East), Committee Members: MC Thakkar, MV Jaiprakash, Ms Usha M Ganguli, Shailender Kumar, Amlan Dash, Adviser: Nitin P Nerurkar

Wednesday, 22 October 2014

Happy Deepavali

Dear Members

On behalf of AINBOA, I wish all of you and your family members a very Happy and Prosperous Deepavali.

Dr D S Chauhan
General Secretary

Thursday, 16 October 2014

Letter to the Bank on New Promotion Policy

The Chairman,                                                                15 Oct 2014                        NABARD,                                                              
Head Office
MUMBAI


Dear Sir,
                   Policy for Recruitment, Succession Planning and Career Progression for officers - Concerns

At the outset, we are thankful to the management for seeking a wider consultation on the captioned policy from the staff members. NBOA is the only recognised Association representing the entire officers' community, therefore, it would have been appropriate to have a formal consultation and feedback from NBOA.  However, NBOA had taken considered views from the members through respective units and same is presented here under
    1. You have agreed in the past while discussing with NBOA that the  promotion policy  should be for a long term prospective and should not be changed very frequently, we presume that the" Final" policy will be on a long term policy say for a minimum period of 5 years and will not be subject to frequent changes thereafter.
    2. It is our view that the policy has been framed keeping in view the present perceptive, and it doesn't envisage any future expansion of the organization and resultant in any career progression of the officers. The policy is silent on creation of new avenues for career progress or expansion in the organization.
    3.Though we agree that each organization has its own promotion policy based on its organizational needs, keeping in view that the hierarchical structure of NABARD stands inherited from its Parent organization i.e., RBI. We request you that the present policy should have system and process akin to that of RBI and need not be diluted.
Our suggestions on the policy are as follows:
    A. OVERALL VIEW IS THAT WE MAY ADOPT N FOLLOW RBI POLICY.
    B. OUR VIEWS ON SOME OF THE MAJOR CONSTITUENTS OF THE PRESENT POLICY ARE AS FOLLOWS-
    I. TRIGGER POINT: THOUGH THE INTENT OF THE BANK IS NOBEL, THE SCHEME IS REDUNDENT IN NATURE AS NO OFFICER STAND TO BE BENIFFITTED UNDER THE SCHEME IN NEXT 3 TO 5 YEARS, WHAT USE OF A POLICY WHICH CANNOT BE PUT TO IMMEDIATE USE OR USE IN NEAR FUTURE. TRIGGER POINT POLICY COULD HAVE BEEN USEFUL IF IT COULD BE MADE APPLICABLE TO ALL OFFICERS WHO WOULD HAVE COMPLETED STIPULATED TENURE IRRESPECTIVE OF THEY BEING FRESHERS OR REPEATERS. FURTHER THE STIPULATED PERIOD OF 9 YEARS FOR TRIGGER POINT SCHEME COULD BE REDUCED TO 8 YEARS OR CONVERSELY PP MAY BE INTRODUCED.
    2. CALLING RATIO AT 1:1.75 IS TOO HIGH AND IT WILL RESULT IN LARGE SCALE REJECTIONS AND SUPER CESSIONS LEADING TO FRUSTRATION AMONG THE HUMSN RESOURCE. EARLIER SYSTEM OF CALLING FRESHERS @ 1:1.5 WITH TOTAL RATIO - OF VACANCY VIS A VIS FRESHERS + REPEATERS NOT EXCEEDING 1:3 MAY BE ADOPTED.
    3. WEIGHTAGE OF PAR AND INTERVIEWS MAY BE MAINTAINED AT 50:50 IN ALL GRADES AS INTERVIEWS ARE SUBJECTIVE IN NATURE AND MAY LEAD TO DISTORTIONS AND DISCRIMINATION.
    4 FOR ALL THE ALTERNATE GRADES THE PROMOTION BE BASED ON ONLY PARS, MEANS IF THE INTERVIEWS ARE THERE FOR GRADS A to B THEN B to C SHOULD BE ON PAR,LIKE WISE C to D BASED ON WRITTRN TEST/ INTERVIEW THEN D to E SHOULD BE BASED ON ONLY PAR.
    5 AS A MATTER OF PRINCIPLE NBOA WILL ALWAYS DEMAND FOR RECRUITMENT AT ENTRY LEVEL GRADE A and NOT AGREE FOR ANY RECRUITMENT AT LATERAL LEVELS  
    6 CONDITIONS GOVERNING REOPTING OUT OF SNTS MAY BE FORMULATED AND CIRCULATED.
    7.WHEN THE BANK IS CONTEMPLATING DECENDING ORDER OF MERIT WHILE SELECTING OFFICERS BASED ON THE RATIO OF 50;50 OF PAR and INTERVIEW, THERE IS NO NEED FOR ASSIGNING QUALIFYING MARKS IN INTERVIEW,
We once again request you to provide us an opportunity to present our views in person.

Dr, D.S. Chauhan
General Secretary
NBOA

Wednesday, 10 September 2014

Notice - Office Bearers' Meeting

Dear Sir,

Notice is hereby given for convening of the captioned meeting of AINBOA office bearers at Mumbai on 18 n 19 September 2014 to discuss n decide upon the following

1. Promotion n recruitment policy issue in light of current developments.

2. Taxi rate for DDMs

3. Non transfer of officers posted at srinagar cell even after completing 3 years.

4. Pension related issues

5. Grant of PP to eligible grade A n B officers

6. Any other item with the permission of the chair


Dr d s chauhan
GS
08 sept 201
4

Wednesday, 20 August 2014

Letter to CGM, HRMD on Various Issues

The meeting was held with CGM, HRMD along with his team of officers on 13 August 2014 and CGM agreed to revise the taxi hiring fare. 
Note: JCC was held on 21 July 2014. The date mentioned in the letter mistakenly is 21 August 2014.

Letter on Pension Updation




Monday, 18 August 2014

Independence Day Greetings

Dear AII,

ALL INDIA NABARD OFFICERS ASSOCIATION (AINBOA) GREETS YOU AND YOUR FAMILY MEMBERS ON THE PIOUS OCCASION OF OUR NATIONS 68TH INDEPENDENCE DAY. 
MAY WE DEDICATE OUR EFFORTS AT NABARD AND WHERE EVER WE MAY BE WORKING TO THE SERVICE OF THE NATION AND MAKE BHARAT THE WORLD LEADER?

CONGRATS AGAIN.

JAI HIND                                                                                                                                              
JAI BHARAT



DR D S CHAUHAN                                                                                K. MALLIGARAJ
                                                                                                                                        
GENERAL SECRETARY                                                                             PRESIDENT

                        

Wednesday, 16 July 2014

Joint Consultative Committee Meeting on 21 July 2014 - Agenda



The Chief General Manager (HRMD)                                                      14/07/2014
NABARD,
Head Office
Mumbai

Dear Sir,

Joint Consultative Committee Meeting on 21/07/2014

Please refer to your letter No. NB.HRMD.PPD/808/U1(JCC)/2014-15 dated 20/06/2014 on the captioned subject. We thank you for convening the meeting. AINBOA shall be represented by Shri K. Malligaraj, President, Shri D.K .Mazumdar, Vice-President, Sri AKS Chauhan, Treasurer, Shri Amlan Dash, EC member and the undersigned. You are requested to advise the concerned ROs/HO departments accordingly.
The proposed Agenda for the meeting is enclosed.

Thanking you,

Yours Sincerely,

(Dr D S Chauhan)
General Secretary


AGENDA ITEMS

Friday, 11 July 2014

Message on NABARD Foundation Day



MESSAGE

Dear Friends,
Congratulations to all of you on our great organisations foundation day.
As NABARD enters 33rd year of its glorious existence on 12/07/2014, we can look with legitimate pride and satisfaction to our meaningful existence and presence as we contribute through our assigned mandate towards the development of the most important and challenging domain of our country i.e. the Rural sector development.
Foundation days are meant to be celebrated, with enthusiasm and vigour and the smile on the faces of each one of us today is a testimony to our joy and happiness, as we bow our heads to almighty, for giving us a chance to serve and be a part of this great organisation.
Foundation days are also meant to look back and introspect and renew our energies, both internal and external and channelize them to chart out a brighter future and to meet and overcome the emerging challenges.
NABARD has been created with a sole objective of ensuring a vibrant and sustainable rural development in the country by ensuring effective credit deployment and its availability, institutional development and policy interventions. A fact that Ground level Credit (GLC) flow from the formal credit deployment channels has increased from a mere Rs. 5000 crore in 1982-83 to Rs.700000 crore in 2013-14 underlines the role and importance of banking sector and NABARD, as an apex DFI, can look back with satisfaction the important role played by it towards this end. As the number of cultivators grew from 9 crore in 1982-83 to approximately 14 crore by the end of  FY 2012-13,  in addition the millions of landless rural inhabitants to cater to, the challenge of having an effective outreach to bring them under the ambit of formal credit has also been met with a great degree of success by the Indian banking sector. NABARD, with the help of its innovative tools such as KCC, SHG-Bank linkage program and JLG based intervention has contributed immensely in making it possible.
NABARD has also been able to keep pace with ever changing and increasingly demanding requirements of the development sector. As we look back to our journey path, we can fondly and proudly remember some of the milestones which we created, starting from development of Rural Non-Farm (which we today call as Off Farm) to Vikas Volunteer Vahini (VVV) to SHG-Bank Linkage Program to Rural Infrastructure Development Fund (RIDF) to Joint Liability Groups to Producers Organisations to Effective administrators of Government’s credit linked subsidy schemes to taking Cooperatives and RRBs towards Computer based Environment and to developing an Effective Supervisory System of Rural Financial Institutions, to name a few most important ones.
In the process we also embarked upon and created organisational off-shoots in the form of very cost effective but very efficient DDM offices, training institute of excellence like BIRD, well received subsidiaries like NABCONS, ADFC and NABFIN.
All this and more could be achieved only because of the faith reposed in us by our countrymen , support and guidance provided by GoI& our mother institution RBI, ensured participation by the banking industry, effective governance by our top management and sincere, tireless efforts and commitments put forth by our officers and employees. We are sure that this would continue to be with us in future too. We, specially, look towards RBI, with certain legitimate professional and emotional rights, to remain our friend, philosopher and guide and help us build a stronger, vibrant and sustainable NABARD.
Friends, our stakeholders and the country is looking towards us with greater expectations, as is evident from the GoIs current budget document presented in the Lok Sabha yesterday. As we commit ourselves towards meeting these expectations, AINBOA would like to bring forth a few points of concern.
As NABARD’s balance sheet grew from a scratch to upwards of Rs.2.0 lakh crore our capital base grew from Rs.100 crore merely to Rs. 4000 crore. It requires immediate augmentation to atleast Rs 15000 crore.
Based on current projections we estimate our balance sheet in the vicinity of Rs. 3.25 lakh crore by 2018-19 and with constantly decreasing margins and RoR on assets our bottom lines can be adversely impacted. As our Interest Income as % to Average Working Fund (AWF) remains at 6.25 to 6.5 during the last 5 financial years, the Interest Expenditure as % to AWF has increased from 3 to 4 in the same period leading to a reduction of available margin from 3.5 to 2.5 or so. One major reason contributing to increase in Interest expenditure and reduced margin is the fact that our dependence on costlier market borrowings has almost doubled in the last 5-6 years (From Rs. 27779 crore in 2008-09 to Rs 50377 crore in 2012-13) and as such GoI and RBI have to look into the avenues to provide NABARD with cheaper funds as our mandate doesn’t provides us to take only commercially viable decisions. We are sure that our stake holders shall always keep in mind that NABARD has to cater to the opportunity starved weaker segment of the society who require user friendly credit and services.
We take pride in telling that our  Per Employee Business grew from Rs.24 crore to Rs 49 crore and the per employee profit from Rs.0.40 crore to Rs.0.60 crore during the period 2008-09 to 2012-13. NABARD’s Establishment Cost as % to Income remains steady at 9 and our Salary & Allowances as % to Income remains steadfast at 65 during the same period and these are comparable to the best in the Industry and outside. These are reflective of our officers and employees efficiency parameters and we are sure that our top management and stake holders are committed to keep the motivational levels of their human capital at a high pedestal by providing them the best in the industry both in financial as also in non-financial terms.
The average age profile of our officers and employees is not commensurate to the young age profile of the country as also the Young NABARD of 32 years and as such it warrants infusion of young blood at the entry levels so as to ensure a young, vibrant and technology savvy work force in years to come.
As part of foundation day celeberations NABARD is organising a high level Seminar on Rural Credit issues at New Delhi. We are happy to note that Hon’ble Cabinet Minister of Finance, GoI and Hon’ble Minister of State for Finance, GoI, besides the other highly placed dignitaries will be addressing this seminar. Though, as AINBOA representatives, we may not be there to have a first- hand account of deliberations, we are sure that speakers and decision makers will dwell upon and address some of the important macro level issues raised above by us at the seminar.
We also take this opportunity to thank GoI and RBI for reposing their faith in the capabilities of NABARD which is so highly reflective in the budget speech and allocations.
Once again, we, on behalf of AINBOA, congratulate each one of you on our Foundation day and we wish many such happy returns of the day and call upon each one of you to rededicate our sincere services to this great organisation of ours…
With Fraternal Greetings and best wishes on NABARD Day
Yours Sincerely,


(Dr. D. S. Chauhan)                                              (K. Malligaraj)
General Secretary                                                President
11/07/2014