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  Procedures followed in Decision-making process  
     
 
Activity Description Decision making process Decision making authority
Goal setting & planning Policy decision Board of Directors meeting Board meeting
Budgeting   -do- -do-
Loan Loan above Rs. 2.00 Lakhs -do- -do-
Loan Up to Rs. 2. lakhs After appraisal M.D
CMSES/CEL Selection of beneficiary

Recommendation of 3 member committee

Govt.

Recruitment/hiring of personnel CEO after approval of the Board    
Release of fund

Upon approval of the Project the funds are made available from the Departments budgeted allocations

   
Implementation/delivery of service/utilization of funds

Time Frame is set and the work is executed on lowest quotation basis & quality.

   
Monitoring & evaluation Monitoring is done prior to disbursement of loan    
Gathering feedback from public

Feedbacks are received through website and also manually from brochures etc

   
 
     
   
       

Sikkim Industrial Development & Investment Corporation Ltd. Sikkim, India
All rights reserved. Email :
mdsidico@rediffmail.com. Website : sidico.org

 
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