rti(apidc) ----right to information act

Right to Information Act, 2005

I. ORGANISATION, FUNCTIONS AND DUTIES

Andhra Pradesh Industrial Development Corporation Limited (APIDC) was established on 16th

December, 1960, by the Government of Andhra Pradesh for planned development of medium and

large industries in the State. It has an authorised capital of Rs.110 crore and paid up capital of Rs.

96.23 crore.

The objectives of the Corporation are :

Identify & promote entrepreneurial talent for comprehensive industrial development.

Conceptualise exploitation of resources for industrialisation.

Ensure economic, financial and social viability of the promoted projects.

Earn a reasonable rate of return.

Function as an extended arm of Government / national industrial development banking

institutions.

The functions of the Corporation include :

Project promotion – generation & implementation of project ideas.

Equity participation

Venture capital for IT, biotechnology & sunrise industries.

Long, medium and short term loans

Bill discounting

Rehabilitation of sick industrial units

Government have taken a decision in June, 2006 to merge the APIDC with the Andhra Pradesh

Industrial Infrastructure Corporation (APIIC). Consequently, all fresh sanctions have been

stopped.

II. POWERS AND DUTIES OF ITS OFFICERS & EMPLOYEES

The Board of Directors including Vice Chairman and Managing Director of the Corporation is

appointed by the Government of Andhra Pradesh. Ministry of Food Processing Industries,

Government of India has the right to appoint one nominee on the Board.

The Board of Directors consisting of Chairman, Vice Chairman & Managing Director and Directors,

guide the Corporation in taking decisions relating to activities of the Corporation.

There are no branches and the operations are carried out from the Corporate Office situated at

Hyderabad. The total manpower of the Corporation as of December, 2008 is 94 including two

deputationists.

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The sanctioned strength of officers in the organization is as follows:

S.No. Level of management Cadres No. of posts1 Top Management Executive Director 12 Senior Management Chief General Manager 2

General Manager 4

3 Middle Management Deputy General Manager 4

Assistant General Manager 4

4 Junior Management Manager 4

Deputy Manager 6

At present, there are two General Managers, one Deputy General Manager, five Assistant General

Managers, three Managers, six Deputy Managers and one Tahsildar who is on deputation. Vacant

posts are not being filled up in view of merger with APIIC.

The divisions are re organized based on the functions and availability of officers (in each cadre)

are sub divided into sections for operational convenience.

S.No. Division Headed by

1 Monitoring and Recovery, Asset Management,

Revenue Recovery

General Manager

2 Equity Portfolio Management & Administration General Manager

3 Legal Deputy General Manager

4 HRD & Management Information System Asst. General Manager

5 Secretarial & Accounts Asst. General Manager /

Secretary

POWERS & DUTIES OF HEADS OF DIVISIONS

MANAGING DIRECTOR

The Government of Andhra Pradesh appoints the Managing Director of the company for conduct of

management of the business of the company, subject to control and supervision of the Board of

Directors. The Managing Director exercises such power of discretion in relation to the affairs of the

company delegated to him by the Board. The details of delegation of powers are available with

HRD Division.

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EXECUTIVE DIRECTOR

VC and MD is holding charge of the position of Executive Director.

Powers

Administrative and financial powers, as sub delegated by VC&MD, are exercised in discharge of

the duties in the Corporation.

Duties

To assist VC&MD for taking decisions on the approval of proposals put up by HODs for discharge

of their functions effectively. Organise the team to carryout the assignments entrusted by VC&MD.

1. MONITORING AND RECOVERY, ASSET MANAGEMENT & REVENUE RECOVERY

The Division is headed by General Manager.

Powers of General Manager

Powers, as sub delegated by VC&MD, from time to time.

(a) MONITORING AND RECOVERY, WORKING CAPITAL LOANS


Powers, as delegated by VC&MD, from time to time.

Duties

Business promotion and development viz. preparation of project profiles, organizing seminars,

meets and exhibitions in the State as well outside

Extending necessary guidance to obtain financial assistance from APIDC including appraisal of

projects for financial assistance.

Sanction, disbursement, monitoring and recovery of term loans

Sanction and disbursement of equity.

Sanction, disbursement, monitoring and recovery of short term, medium term loans, loans for

acquiring pre-existing productive assets/ equipment and bills discounting.

Action under Section 29 of SFC’s Act and NI Act for recovery of dues.

Manpower - The division head General Manager is supported by AGM (one), shall be reporting to

GM directly and other officers are Deputy Manager (one) The other staff members are Assistant

Managers (two), Senior Assistant (one), Junior Assistant (one) and sub-staff.

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(b) ASSET MANAGEMENT & REVENUE RECOVERY :



Duties

Valuation of assets.

Sale of assets of units by invoking the provisions of Section 29 of SFC’s Act recovery of dues from

the guarantors under the provisions of R.R. Act

Manpower - The division head General Manager is supported by AGM (one), shall be reporting to

GM directly and other officers are Manager (one), Deputy Manager (one) & Tahsildar (one). The

other staff members are Assistant Managers (four), Senior Assistants (two), Junior Assistants (two)

and sub-staff.

2. EQUITY PORTFOLIO MANAGEMENT & ADMN.

The Division is headed by General Manager.

(a) EQUITY PORTFOLIO MANAGEMENT



Duties

Monitoring of equity portfolio and disinvestment of equity.

Safe custody of share certificates wherever they are in physical form.

Manpower - The division head General Manager is supported by AGMs (two), Deputy Managers

(two) shall be reporting to GM directly. The other staff members are Assistant Managers (six),

Senior Assistants (three), Junior Assistant (one) and sub-staff.

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(b) ADMN & PR


Administrative and financial powers, as delegated by VC&MD, from time to time.

Duties

All matters relating to general administration

Manpower - The division head General Manager is supported by Assistant Managers (six), Senior

Assistants (four), Junior Assistant (one), Assistant (one) and sub-staff.

3. LEGAL

Powers of Deputy General Manager

Filing of private complaints for dishonour of cheques u/s. 138 (b) of Negotiable Instruments Act

To file civil suits, writs, appeals, affidavits, vakalat & arbitration cases etc.

To file petitions for recovery of outstanding amounts payable to the Corporation u/s. 31 of SFCs

Act

Duties

Scrutiny and documentation relating to financial participation, guarantees and other legal matters.

All legal matters relating to APIDC inclusive of filing cases, providing support services to legal

advisers, attending to and following up cases in various courts, liquidation cases, NI Act cases,

etc.

Preservation, handling and delivery of security documents, safe custody of old files, records and

documents.

Manpower - The section head Deputy General Manager is supported by Assistant Managers (two),

Senior Assistant (One), Junior Assistant (One) and sub-staff.

4. ACCOUNTS & AUDIT, SECRETARIAL

The Division is headed by Asst. General Manager / Secretary.

a) ACCOUNTS & AUDIT

Powers of Asst. General Manager / Secretary

Financial powers, as delegated by VC&MD, from time to time.

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Duties

Disbursement of term loans and equity as per the approval from the appropriate authority.

Resource mobilisation inclusive of BPRF, liason with banks, management of funds, servicing of

borrowings, etc.

Finalisation of annual accounts including loan accounts, statutory/A.G audit, corporate tax

matters and planning, implementation of accounting procedures.

MOU with the Government of Andhra Pradesh

Periodical reports to the management about financial performance and funds position.

Disbursement of salaries, staff loans & other administrative expenses.

Issue of demand notices for interest and instalments .

Manpower - The division head Asst. General Manager / Secretary is supported by Deputy

Manager (one), shall be reporting to AGM directly. The other staff members are Assistant

Managers (Six), Junior Assistant (one) and sub-staff.

b). SECRETARIAL

Powers of Company Secretary

No delegation of powers.

Duties

Compliance of provisions of Companies Act, convening of board meetings, general meetings,

advise on corporate laws, maintenance of statutory registers under the provisions of Companies

Act.

Other assignments entrusted by VC&MD.

Manpower - The division is headed by Secretary, who is a qualified Company Secretary in the

cadre of Asst. General Manager (One). The other staff members allotted are Assistant Manager

(One) and Senior Assistant (One).

7. HRD & MIS

Powers of Asst. General Manager

No delegation of powers.

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Duties

All matters relating to human resource development

Implementation of management information system

Maintenance of computer systems (hardware and software) and website

Preparation of general and statistical reports

Matters relating to Legislature, Committees, etc.

Manpower - The section is headed by Asst. General Manager is supported by Deputy Manager

(one) shall be reporting to VC&MD directly. The other staff members allotted are Assistant

Managers (five), Senior Assistant (one).

In addition to the officers and staff indicated above, there are 18 employees in the cadre of Drivers,

Messengers, Sweeper, Plumbers, Mali, Lift Operators, etc.

III. PROCEDURE FOLLOWED IN DECISION MAKING PROCESS INCLUDING CHANNELS

OF SUPERVISION AND ACCOUNTABILITY

In cases where powers are delegated the decision are taken by the officers concerned. In cases

where powers are delegated to VC&MD, the decisions are taken by VC&MD. Where there is no

delegation of powers, the decisions are taken by the Board.

The Head of the Division concerned will receive tappals / investment proposal / letters /

Government correspondence / LAQs / writ petitions and any other correspondence relevant to the

activities of the Corporation. Action is initiated by the respective officers / staff in the division for

necessary approvals through ED to VC & MD as the case may be for decision making. All the

officers and staff are jointly responsible and accountable for quick disposal of matters.

IV. NORMS SET BY IT FOR THE DISCHARGE OF ITS FUNCTIONS

The Corporation had been following the norms given below for giving financial assistance:

EQUITY

Equity: Listed Category – New Companies

ELIGIBILITY PURPOSE TERMS & CONDITIONSAll companies public or private limited incorporated with ROC, having Registered Office in Andhra Pradesh. Minimum EPSshall be Rs.3.00 from 3rd year onwards. Average DSCR shall be 1.5 times. Projected book value shall be above Rs.15/- in 3rd year.Proposed dividend shall not be less than 15% in 3rd year and 18% thereafter.IRR shall be more than 20%

For setting up of a project. 11% of proposed equity or Rs. 100 lakh which ever is less.Front end Fee 2.50% of amount sanctioned

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Equity: Listed Category – Existing Companies

ELIGIBILITY PURPOSE TERMS & CONDITIONSAll companies public or private limited incorporated with ROC, having Registered Office in Andhra Pradesh. Minimum EPS shall be Rs.3.00Average DSCR shall be 1.5 times.Book value shall be at least Rs.15/-.Profit making for at least 3 years preceding the request of equity.

For setting up of industry. 11% of proposed equity or Rs. 25.00 lakh which ever is less.Front end Fee 2.50% of amount sanctioned

Equity: Unlisted Category – New Companies

ELIGIBILITY PURPOSE TERMS & CONDITIONSAll companies public or private limited incorporated with ROC, having Registered Office in Andhra Pradesh. The Project Cost shall be above Rs. 500 lakhsMinimum EPS shall be Rs.3.00 from 3rd year onwards.Average DSCR shall be 1.5 times. IRR shall be more than 20%Proposed dividend shall not be less than 15% in 3rd year and 18% thereafter.

For setting up of a project. 11% of proposed equity or Rs. 25 lakh which ever is less.In specially deserving cases, up to Rs. 50 lakh.Front end Fee 2.50% of amount sanctioned

Equity: Unlisted Category – Existing Companies

ELIGIBILITY PURPOSE TERMS & CONDITIONSAll companies public or private limited incorporated with ROC, having Registered Office in Andhra Pradesh. The Project Cost shall be above Rs. 500 lakhsMinimum EPS shall be Rs.3.00.Average DSCR shall be 1.5 timesBook value shall be at least Rs.15/-.Profit making for at least 3 years preceding the request of equity.

For setting up of industry 11% of proposed equity or Rs. 25.00 lakh which ever is less.In specially deserving cases, up to Rs. 50 lakh.Front end Fee 2.50% of amount sanctioned

TERM LOAN

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Term Loan : (Minimum Rs.20 lakh)Repayment period up to 8 years with a moratorium

ELIGIBILITY PURPOSE TERMS & CONDITIONSAll companies public or private limited incorporated with ROC, having Registered Office in Andhra Pradesh.

For setting up of New Units / Expansion / Diversification / Modernisation.

Rate of Interest 12.50% Rebate 1.00%Penal Interest 2.00%Coll.Security 25% - 50%DER 1.5 : 1Promoters’ Contribution 25 to 35%

Medium Term Loan Corporate Loan : (Minimum Rs.50 lakh – Maximum Rs.200 lakh)Repayment period 2 to 3 years with 3 to 6 months moratorium

ELIGIBILITY PURPOSE TERMS & CONDITIONSAll companies public or private limited incorporated with ROC, having Registered Office in Andhra Pradesh. In existence for a minimum of 5 years, should have reported net profit for minimum 3 years out of last 5 years. ORIn existence for a minimum of 3 years and should have reported net profit for all the 3 years.Net worth profit turn over and DSCR shall be satisfactory.No overdues to the Banks/Financial Institutions.Those who avail Bill Discounting facility from APIDC are not eligible.

To cover working capital requirements for manufacturing / industrial activities.

Rate of Interest 12.50% Rebate 1.00%Penal Interest 2.00%Coll. Security 125%

Short Term Corporate Loan: (Minimum Rs. 20 lakh – Maximum Rs.50 lakh)Repayment period 12 to 18 months with 3 months moratorium

ELIGIBILITY PURPOSE TERMS & CONDITIONSAll companies public or private limited incorporated with ROC, having Registered Office in Andhra Pradesh. In existence for a minimum of 5 years, should have reported NET PROFIT for minimum 3 years out of last 5 years OR In existence for a minimum of 3 years and should have reported CASH PROFIT for all the 3 years. Net worth, profit, turn over and DSCR shall be satisfactory. No overdues to the Banks/Financial Institutions.Those who avail Bill Discounting facility from APIDC are not eligible.

To cover immediate needs of the company in the normal course of business.

Rate of Interest 12.50% Rebate 1.00%Penal Interest 2.00%Coll. Security 125%

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Loans for Acquiring Pre-Existing Productive Assets / Equipment Rs 20 lakh – 150 lakhRepayment period : 2 to 5 years with 6 months moratorium.

ELIGIBILITY PURPOSE TERMS & CONDITIONSAll companies public or private limited incorporated with ROC, having Registered Office in Andhra Pradesh. Shall be an existing profit making co. NOC from other participating Institutions.

To acquire pre-existing productive assets / equipment owned by third party.

Rate of Interest 12.50%Rebate 1.00%Penal Interest 2.00%Coll. Security 50.00% Service Charges 0.25%Upfront Fee 0.50%

BILL DISCOUNTING

Bill Discounting Re-discounting of Bill of Exchange / Hundies

ELIGIBILITY PURPOSE TERMS & CONDITIONSAll companies public or private limited incorporated with ROC, having Registered Office in Andhra Pradesh. The company shall be an existing finance company having already an exposure in bill discounting business. profit making company preferably dividend paying company, and the general track record of the company shall be satisfactory.

To meet the gap in working capital requirements.

Rate of Interest 11.00%Penal Interest 2.00%Coll. Security 125%

Personal guarantees from 2 promoter Directors.

Bill Discounting (Direct) : Purchase / Sale Bill Discounting

ELIGIBILITY PURPOSE TERMS & CONDITIONSAll companies public or private limited incorporated with ROC, having Registered Office in Andhra Pradesh. The company shall be existing and profit making for a period of at least 3 years.

To meet the gap in working capital requirements

Rate of Interest 11.50%Penal Interest 2.00%Coll. Security 125%

The MD / Promoter Directors must give personal guarantee for the repayment of the dues.

The company is not in default to term lending institutions and Banks.

Bill Discounting (Direct) : Capital Goods Bill Discounting

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ELIGIBILITY PURPOSE TERMS & CONDITIONSAll companies public or private limited incorporated with ROC, having Registered Office in Andhra Pradesh. The company shall be existing and profit making for a period of at least 2 years.The track record of the company shall be satisfactory.

For acquisition of capital goods for expansion / diversification.

Rate of Interest 11.50%Penal Interest 2.00%Coll. Security 50%Service charges 0.25%

The MD / Promoter Directors must give personal guarantee for the repayment of the dues.

The company shall not in default to term lending institutions and Banks.

Bill Discounting : Letter of Credit / Bank Guarantee Discounting

ELIGIBILITY PURPOSE TERMS & CONDITIONSAll companies public or private limited incorporated with ROC, having Registered Office in Andhra Pradesh. The sanction is by each transaction wise or depending upon the period for which the bank guarantee is valid.

To meet the gap in working capital requirements

Rate of Interest 10.50%Penal Interest 2.00%

The Terms and conditions of the Bank Guarantee should be very clear in respect of Bank’s liability to pay in case of breach of contract.The Bill of Exchange / Hundi drawn must be confirming with the terms and conditions of the Bank guarantee to ensure that the due date of the Bill of Exchange / Hundi is within the date of expiry of the Bank guarantee. After satisfying the above Bill of Exchange/Hundi is discounted and the Bank would be informed of the same.On the due date, if the company fails to make payment, claim would be submitted to the Bank invoking the bank guarantee.

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V. THE RULES, REGULATIONS, INSTRUCTIONS, MANUALS AND RECORDS HELD BY IT OR

UNDER ITS CONTROL OR USED BY ITS EMPLOYEES FOR DISCHARGING ITS

FUNCTIONS:

APIDC was incorporated under Companies Act 1956 on 16th December, 1960. The Board

formulates policies, rules, regulations, instructions, etc. from time to time to achieve the objects in

the Memorandum and Articles of Association. APIDC is under the administrative control of the

Industries & Commerce Department, Government of Andhra Pradesh, Hyderabad.

The following Acts, inter alia, are applicable to the Corporation and its activities:

Central Acts

The Companies Act, 1956

The Sick Industries Companies (Special Provisions) Act, 1985

The Negotiable Instruments Act, 1881

The State Financial Corporations Act, 1951

The Service Tax Act, 1994

Income Tax Act, 1961

Payment of Gratuity Act, 1972

Employees’ Provident Fund Act, 1952

Industrial Disputes Act, 1947


State Acts

Single Window Clearance Act, 2002

Andhra Pradesh Value Added Tax Act, 2005

A.P. Revenue Recovery Act, 1864

The Corporation implements all general rules, Acts, procedures, orders issued by Government of

India and Government of Andhra Pradesh, as applicable. The following are rules and regulations

formulated in the form of a Manual by the Corporation, followed by it and by its employees in

discharging their functions.

APIDC Staff Rules & Regulations, 1960

APIDC Employees Promotion Policy

APIDC Officers Recruitment & Promotion Policy

VI. STATEMENT OF CATEGORIES OF DOCUMENTS THAT ARE HELD BY IT OR

UNDER ITS CONTROL.

The Corporation is in the business of industrial financing, extended by way of equity and various

types of loans. In the process of business, the Corporation, pertaining to industries financed by

APIDC, holds the following documents

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Land and building documents of industrial units

Certificate of charge on the fixed assets of the company

Personal guarantees executed by promoters

Deed of guarantee executed by promoters / directors

Collateral security documents

Share certificates

Buy back undertaking executed by promoters in respect of investments

Periodical / casual returns / reports submitted to the Government agencies

Statutory registers under various Acts, as applicable.

VII. ARRANGEMENTS THAT EXIST FOR CONSULTATION WITH OR

REPRESENTATION BY, OF THE MEMBERS OF PUBLIC IN RELATION TO THE

FORMULATION OF ITS POLICY OR IMPLEMENTATION THEREOF.

There is no separate arrangement in the Corporation for consultation with the members of public

for formulation of its policies or implementation thereof. Corporation policies are made keeping in

view the economic scenario, Central and State Government directives, statutory requirements

and directions of regulators like Securities and Exchange Board of India, Reserve Bank of India,

etc. The current Board of Directors includes seven non officials.

VIII. A STATEMENT OF 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, MINUTES OF SUCH MEETING ARE ACCESSABLE FOR PUBLIC.

The Corporation is governed by Board of Directors and the directives issued by the Government

of Andhra Pradesh. The Minutes of the meetings of Board of Directors are forwarded to the

Government. The entrepreneurs are also informed of the decisions with respect to the project.

The meetings of the Board and minutes of the meetings are not accessible to the public.

The decisions of various other committees such as., project screening committee, sale

negotiation committee, disinvestment committee, consortium meetings of financial institutions and

banks etc are circulated among participants and decisions communicated to the promoters /

company / parties concerned only and they are not accessible to the public.

Given the nature of the work of the Corporation, much of the information comes in the purview of

section 8 (d) of the Right to Information Act, 2005.

IX. DIRECTORY OF ITS OFFICERS AND EMPLOYEES

AND

X. THE MONTHLY REMUNERATION RECEIVED BY EACH OF ITS OFFICERS AND

EMPLOYEES INCLUDING THE SYSTEM COMPENSATION AS PROVIDED IN ITS

REGULATIONS.

The details of employees, their telephone nos. and monthly remuneration is given Below :

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Sl.

No.

Name of the Employee

S/sri/smt

Designation Phone Remuneration

Officers Rs.1Vinod Kumar Agrawal, IAS Chairman and Managing

Director

23235355

2S. Yalmandha Reddy General Manager 23234306 467903S. V. Kanaka Seshu General Manager 23235370 467904P. Rajeswar Rao Deputy General Manager 23212353 405755G. Raghunandan Asst. General Manager 23214230 376866M. Venkateswara Rao Secretary & AGM 23232050 376167K. Eshwaraiah Asst. General Manager 23235755 323468C. Mariamma Asst. General Manager 23243116 332299A. V. Ravi Kumar Asst. General Manager 23235039 32396

10K. Rajendra Prasad Asst. General Manager 23232752 3082011K. Radhakrishna Manager 23230668 3502312M. Panibhushana Rao (O.D) Manager --- 34187

13E. V. Koteswar Rao Manager 23297054 3080414G. Narahari Reddy (O.D) Tahsildar 23243453 24500

15K. Vikram Reddy Deputy Manager Ext 138 32556

16K. Sumathi Devi Deputy Manager Ext 235 32466

17R. Jaya Ram Deputy Manager Ext 383 31602

18N. Rama Reddy Deputy Manager Ext 308 30220

19M. Laxma Reddy Deputy Manager Ext 202 30260

20D. Shashikala Deputy Manager Ext 126 31532

PABX PHONE NO. 23235253 – 4 LINESStaff

1A. Balaraju Asst. Manager Ext 114 299102S. Bangar Raju Asst. Manager Ext 105 216423M. Ravi Kumar Reddy Asst. Manager Ext 212 231394M. Katyayini Asst. Manager Ext 216 292155Suvarna K. Parelkar Asst. Manager Ext 218 276236B. Ramakrishna Raju Asst. Manager Ext 216 284197M. K. N. Shareef Asst. Manager Ext 212 262198Masarrath Jehan Asst. Manager Ext 139 238129N. Sudha Rani Asst. Manager Ext 204 22481

10Asghar Ali Khan Asst. Manager Ext 256 2253111T. Gyaneswar Rao (O.D) Asst. Manager --- 2251112T.R. Chandrasekhar Rao Asst. Manager Ext 126 2250113A. G. Sudharshan Asst. Manager Ext 139 2254614Y. S. S. Suresh Asst. Manager Ext 117 2173415J. Narasing Rao (O.D) Asst. Manager --- 22961

16M. V. Krishna Rao Asst. Manager Ext 256 2246117R. S. N. Sarma Asst. Manager Ext 114 2834518J. Suryanarayana Asst. Manager Ext 139 2842919E. Mahalakshmi Asst. Manager Ext 122 26061

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20K. Babu Rao Asst. Manager Ext 204 2440521M. Srinivas Asst. Manager Ext 256 2457522P. Meena Bai Asst. Manager Ext204 2243123M. Padma Asst. Manager Ext 223 2238124B. Shyamsunder Rao Asst. Manager Ext 121 2061425B. Bala Ram Asst. Manager Ext 105 2451526T. Nagesh Reddy Asst. Manager Ext 105 2443527M. Satyanarayana Asst. Manager Ext 214 2454528R. Tirwan Kumar Asst. Manager Ext 130 2584129B. Meenakshi Asst. Manager Ext 121 2511830K. Padmavathi Asst. Manager Ext 123 2428531C. Vijayalakshmi Asst. Manager Ext 200 2003332Shahnaz Parveen Senior Assistant Ext 125 1936833M. Narasing Rao Senior Assistant Ext 216 1747634V. S. N. Murthy Asst. Manager Ext 126 2024335M. S. Rajani Baby Asst. Manager Ext 223 1909536K. B. Rekha Rani Asst. Manager Ext 122 1909537S. Satyanand Senior Assistant Ext 114 1775138K. Raja Rajeshwari Senior Assistant Ext 139 1909039P. Damodhar Senior Assistant Ext 256 1767140B. Ramchander (on lien) Senior Assistant --- 1854241S. Hari Prasad Senior Assistant Ext 223 1854242J. Mahalakshmi (on lien) Senior Assistant --- 1909043K. Vijayalakshmi Senior Assistant Ext 139 1449344K. S. S. Aditya Senior Assistant Ext 218 1388845T. Shanker Senior Assistant Ext 124 1529946K. Kollappa Senior Assistant Ext 126 1415047G. N. Janardhana Rao Senior Assistant Ext 118 1454048P. Balraj Senior Assistant Ext 256 1419049B. Chiranjeeva Rao Senior Assistant Ext 121 1311250B. Chandrasekhar Senior Assistant Ext 216 1311251Humera Begum Senior Assistant Ext 122 1123852Anjuman Ara Junior Assistant Ext 114 1096053K. Chandrasekhar Junior Assistant Ext 214 1221654R. Prasad Junior Assistant Ext 123 1191655P. Satyanarayana Junior Assistant Ext 204 1569256Md. Shafiullah Junior Assistant Ext 131 991657D. Praveen Kumar Assistant Ext 125 8412

Sub staff1Pun Bahadur Senior Driver Ext 300 159672M. Shanker Attender Ext 216 138083D. Shankaraiah Messenger Ext 118 139884P. Ramesh Messenger-cum-Driver Ext 300 124915M. Vinod Kumar Messenger Ext 124 112386B. Srinivas Messenger Ext 122 104287Y. Appa Rao Messenger Ext 118 123668S. Uma Messenger Ext 216 85659B. Ravi Kumar Messenger Ext 121 7394

10C. Anjaneyulu (O.D) Messenger --- 11540

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11C. Sunkanna (O.D) Messenger --- 1154012K. Sudershan Mali Ext 300 1256113U. Narasimha Lift Operator Ext 130 1661314E. Raja Ratnam Lift Operator Ext 130 1621215S. Srinivas Watchman Ext 123 717616P. Venkataiah Plumber Ext 300 1218617C. Surender Plumber Ext 300 991618G. Yashoda Sweeper Ext 122 12166

The monthly remuneration given above consisting of the basic pay, dearness allowance / house

rent allowance, wherever applicable, city compensatory allowance. In addition, the employees are

also reimbursed medical expenses for self and family, conveyance expenses, etc.

XI. BUDGET ALLOCATED TO EACH OF ITS AGENCY, INDICATING THE PARTICULARS OF

ALL PLANS, PROPOSED EXPENDITURES AND REPORT ON DISBURSEMENTS MADE:

So far, the Government of Andhra Pradesh released Rs. 96.23 crore towards equity share capital.

The Board of Directors of APIDC decide the internal budget provisions for expenditure, BPRF and

other policies / issues of APIDC. The following is the Business Plan of the Corporation for the year

2008-09. Fresh sanctions are not being issued in view of impending merger with APIIC, so targets

for sanctions is zero.

Type of Business Target (2008-09)Sanctions (Rs. in lakh)Equity 0Term loans 0Working capital loans 0Bill discounting 0Total 0DisbursementsEquity 0Term loans 0Working capital loans 0Bill discounting 0Total 0Recovery Term loans (excluding bill discounting turnover) 3590Sale of Investments 864Return of Capital – APIDC VCL 500

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XII. THE MANNER OF EXECUTION OF SUBSIDY PROGRAMMES, INCLUDING THE

AMOUNTS ALLOCATED AND THE DETAILS OF BENEFICIARIES OF SUCH

PROGRAMMES

The Corporation does not give any subsidies directly. However, financed industrial units may be

entitled to various Government subsidies on interest and capital, registration fee, value added tax,

power tariff, etc. as per Central and State industrial development policies.

XIII. PARTICULARS OF RECIPIENTS OF CONCESSIONS, PERMITS OR

AUTHORISATIONS GRANTED BY IT

No permits or authorisations are granted by APIDC. However, certain reliefs and concessions are

sanctioned to sick units. APIDC has framed One Time Settlement (OTS) Guidelines and these are

being applied.

XIV. DETAILS IN RESPECT OF THE INFORMATION, AVAILABLE TO OR HELD BY IT,

REDUCED IN AN ELECTRONIC FORM

The information on the activities of the Corporation is available at the reception in electronic

form and also can be seen on the official website www.apidc.org or www.apidc.gov.in

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 Corporation makes available copy of Directory of industrial units promoted / assisted by

APIDC along with addresses for use by the Citizens at a nominal cost in electronic form i.e. CD.

The working hours of the office are from 10.30 am to 5.00 pm. The office remains closed on on all

sundays, second saturday and on holidays declared by the State Government. The list of

holidays and office timings are prominently displayed at the entrance of the office.

The Corporation is maintaining library / reading room for the facility of employees for obtaining the

information. However, the Management Information System Division is providing the necessary

information / guidance to the entrepreneurs who approach the Corporation.

XVI. THE NAMES, DESIGNATIONS AND OTHER PARTICULARS OF PUBLIC INFORMATION

OFFICERS

1. S.V. Kanaka Seshu - (Sr. Officer appointed for Appeals)General Manager (EPM)

Andhra Pradesh Industrial Development Corporation Ltd. 5-8-58/B, Parisrama Bhavanam, Basheer Bagh, HYDERABAD-500 004 (AP) India Phone: 040-23235370 (Direct)

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http://www.apidc.gov.in/

http://www.apidc.org/


2. C.Mariamma, (Public Information Officer)Asst. General Manager (HRD)

Andhra Pradesh Industrial Development Corporation Ltd. 5-8-58/B, Parisrama Bhavanam, Basheer Bagh, HYDERABAD-500 004 (AP) India Phone: 040-2323 5253 – Extn. 108 or 105 040-2321 4230 (Direct)

XVII. SUCH OTHER INFORMATION AS MAY BE PRESCRIBED AND THERE-AFTER,

UPDATE THESE PUBLICATIONS EVERY YEAR

The Corporation publishes every year Annual Report on the performance of the Corporation. A

printed Brochure containing information in respect of various products and services being offered

by the Corporation is also circulated for information to the public.

file name: RTI – xvii volumes-sep’08

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rti(apidc) ----right to information act

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