Podcast
Questions and Answers
What percentage of NABARD's workforce is represented by women, based on the provided information?
What percentage of NABARD's workforce is represented by women, based on the provided information?
25%
Describe the primary goal of NABARD in terms of employment opportunities for its staff.
Describe the primary goal of NABARD in terms of employment opportunities for its staff.
To provide equal and equitable opportunities for career progression.
What types of learning programs are offered by NABARD's training institutes to enhance staff competencies?
What types of learning programs are offered by NABARD's training institutes to enhance staff competencies?
Blended-learning programs, case studies, and exposure visits.
How many training programs did the National Bank Staff College conduct during FY2024?
How many training programs did the National Bank Staff College conduct during FY2024?
Identify the training institutes mentioned that contribute to NABARD's staff development.
Identify the training institutes mentioned that contribute to NABARD's staff development.
What was the total number of inspections conducted by NABARD in FY2024?
What was the total number of inspections conducted by NABARD in FY2024?
What specific credit audit was completed by NABARD for high-value loans?
What specific credit audit was completed by NABARD for high-value loans?
What is the purpose of the Risk-Based Internal Inspection and Audit (RBIIA) initiative?
What is the purpose of the Risk-Based Internal Inspection and Audit (RBIIA) initiative?
How many pilot projects of RBIIA software were conducted, and in which states?
How many pilot projects of RBIIA software were conducted, and in which states?
Who heads the vigilance administration in NABARD?
Who heads the vigilance administration in NABARD?
What are some goals of NABARD's vigilance administration?
What are some goals of NABARD's vigilance administration?
What feedback mechanism was established to reduce human error in audits?
What feedback mechanism was established to reduce human error in audits?
What role does the CVO play in NABARD's management?
What role does the CVO play in NABARD's management?
What was the primary focus of the Third Sub-Committee of Parliament on Official Language during their inspections?
What was the primary focus of the Third Sub-Committee of Parliament on Official Language during their inspections?
How many parliamentary questions did NABARD respond to during FY2024?
How many parliamentary questions did NABARD respond to during FY2024?
Which legislative acts guide the promotion of Rajbhasha within NABARD?
Which legislative acts guide the promotion of Rajbhasha within NABARD?
What measures did NABARD implement to enhance Hindi usage among its staff?
What measures did NABARD implement to enhance Hindi usage among its staff?
What architectural style do RESTful APIs use for data access?
What architectural style do RESTful APIs use for data access?
What type of training was provided to NABARD staff regarding office documentation in Hindi?
What type of training was provided to NABARD staff regarding office documentation in Hindi?
Which new policy related to environmental considerations was introduced by NABARD?
Which new policy related to environmental considerations was introduced by NABARD?
What was regularly reviewed in the quarterly meetings of the Official Languages Implementation Committees?
What was regularly reviewed in the quarterly meetings of the Official Languages Implementation Committees?
What mechanism does NABARD have for monitoring compliance?
What mechanism does NABARD have for monitoring compliance?
What organizations’ activities related to official language inspection were mentioned?
What organizations’ activities related to official language inspection were mentioned?
Which policy addresses the management of cyber threats within NABARD?
Which policy addresses the management of cyber threats within NABARD?
What is the significance of the Annual Programme 2023–24 issued by the GOI for NABARD?
What is the significance of the Annual Programme 2023–24 issued by the GOI for NABARD?
What is the focus of the Know-Your-Customer Policy implemented by NABARD?
What is the focus of the Know-Your-Customer Policy implemented by NABARD?
What is one policy aimed at ensuring the security of confidential data within NABARD?
What is one policy aimed at ensuring the security of confidential data within NABARD?
What does the 'Operational Risk Management Policy' aim to address?
What does the 'Operational Risk Management Policy' aim to address?
Which policy is designed to handle the issue of loans that are not being repaid?
Which policy is designed to handle the issue of loans that are not being repaid?
What is the main purpose of NABARD’s Centralised Loan Management and Accounting System (CLMAS)?
What is the main purpose of NABARD’s Centralised Loan Management and Accounting System (CLMAS)?
How quickly did NABARD issue communications through DIGI-DAK after launching CLMAS?
How quickly did NABARD issue communications through DIGI-DAK after launching CLMAS?
What significant upgrade was made to the tech-stack of CLMAS in FY2024?
What significant upgrade was made to the tech-stack of CLMAS in FY2024?
What are the functionalities provided by NABARD's enterprise content management (ECM) solution?
What are the functionalities provided by NABARD's enterprise content management (ECM) solution?
What platform was launched in July 2023 to support the ECM processes?
What platform was launched in July 2023 to support the ECM processes?
What module has been developed to enhance NABARD's digital transformation efforts?
What module has been developed to enhance NABARD's digital transformation efforts?
What benefit does the ECM solution provide regarding online decision-making?
What benefit does the ECM solution provide regarding online decision-making?
In what way does CLMAS assist with financial reporting?
In what way does CLMAS assist with financial reporting?
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Study Notes
Employee Promotions and Workforce Diversity
- 26 Group 'B' employees promoted to Assistant Managers in Rural Development Banking Service.
- 24 Group 'C' staff promoted as Assistant Care Takers.
- NABARD has 776 women on its rolls, constituting nearly 25% of its workforce.
- The organization promotes equal opportunities for career advancement among all staff.
Competency Development Initiatives
- NABARD offers extensive opportunities for staff enhancement, including upskilling and reskilling.
- Training is provided through institutions like the National Bank Staff College (NBSC) and the Bankers Institutes of Rural Development (BIRD) across various locations.
- 110 programs conducted by NBSC in FY2024, attended by 2,725 staff members, covering a variety of themes.
- Blended-learning approaches are used, integrating e-learning, case studies, and exposure visits for comprehensive training.
Internal Inspection Procedures
- Conducted 52 regular inspections across 26 Regional Offices (ROs), 17 Head Office (HO) departments, 2 Training Establishments (TEs), and 7 subsidiaries in FY2024.
- Credit audits completed for all loans exceeding ₹100 crore.
- Capacity-building initiatives for the Concurrent Audit Cell implemented to minimize errors.
- Risk-Based Internal Inspection and Audit (RBIIA) introduced to enhance inspection rigor, creating a risk profile database for effective monitoring.
Vigilance Administration
- Vigilance structures support ethical practices, professionalism, and productivity within NABARD.
- Headed by a Chief Vigilance Officer (CVO), appointed by the Government of India in consultation with the Central Vigilance Commission (CVC).
- The CVO collaborates with NABARD management to set and review vigilance policies.
Technological Advancements
- Centralised Loan Management and Accounting System (CLMAS) launched, managing the life cycle of loans and grants.
- Upgraded CLMAS tech-stack in FY2024, facilitating improved operational efficiency.
- Enterprise Content Management (ECM) system aids case management and online decision-making, featuring a mobile app launched in July 2023 for case processing on-the-go.
Language and Communication Policies
- NABARD complies with the Official Languages Act, 1963, promoting the use of Hindi in operations during FY2024.
- Training provided to staff in drafting documents and using technology tools in Hindi.
- Regular reviews of Hindi usage achievements conducted in quarterly meetings of the Official Languages Implementation Committees.
Key Policies of NABARD
- Gender Policy, Cyber Security Policy, and various compliance and risk management policies established.
- Focus on environmental considerations through the Environment & Social Policy and Green Taxonomy Policy.
- Whistle-Blower Policy and Staff Accountability Policy to ensure transparent and accountable governance.
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