AoB amendment notification 367_for inserting an entry for matters related to India Post Payments Bank in the business of D/o Posts under AoB Rules, 1961

## Report on the Government of India Allocation of Business Three Hundred and Sixty-seventh Amendment Rules, 2022 **1. Executive Summary:** This report analyzes the Government of India Allocation of Business Three Hundred and Sixty-seventh Amendment Rules, 2022, as published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection ii. This amendment, effective immediately, modifies the Government of India Allocation of Business Rules, 1961. The key finding is the addition of "Matters related to India Post Payments Bank" under the Department of Posts (Dak Vibhag) within the Ministry of Communications (Sanchar Mantralaya). This indicates a formal allocation of responsibility for the India Post Payments Bank to the Department of Posts. **2. Introduction:** This report provides an informative overview of the Government of India Allocation of Business Three Hundred and Sixty-seventh Amendment Rules, 2022, based solely on the provided policy text. The purpose is to inform stakeholders within the affected industry about the changes and their potential implications. **3. Policy Overview:** * **Amendment:** This document constitutes an amendment to the Government of India Allocation of Business Rules, 1961. * **Core Objective(s):** The primary objective of this amendment, as inferred from the text, is to formally assign responsibility for matters related to the India Post Payments Bank to the Department of Posts within the Ministry of Communications. **4. Background and Rationale:** As an amendment, the provided text suggests a need to clarify or formalize the existing allocation of responsibilities related to the India Post Payments Bank. The amendment likely aims to streamline operations, improve accountability, or reflect an evolution in the relationship between the Department of Posts and the India Post Payments Bank. The specifics of the prior allocation are not discernable from the given text. **5. Key Provisions / Changes:** This amendment introduces the following change: * **Specific Part of Original Policy Changed:** The amendment directly modifies "THE SECOND SCHEDULE" of the Government of India Allocation of Business Rules, 1961, specifically under the heading "MINISTRY OF COMMUNICATIONS SANCHAR MANTRALAYA" and the subheading "B. DEPARTMENT OF POSTS DAK VIBHAG." * **New Rule/Provision:** A new entry, "2A. Matters related to India Post Payments Bank," is inserted after entry 2 under the aforementioned subheading. * **Difference/Effect:** This change formally assigns responsibility for "Matters related to India Post Payments Bank" to the Department of Posts. This likely means the Department of Posts will now be officially responsible for the oversight, management, and policy decisions related to the India Post Payments Bank. **6. Target Audience and Stakeholders:** The primary target audience and stakeholders directly affected by this amendment include: * **Department of Posts (Dak Vibhag):** The amendment directly impacts the responsibilities and workload of this department. * **India Post Payments Bank:** The bank will now be formally under the purview of the Department of Posts, which could affect its operations and strategic direction. * **Ministry of Communications (Sanchar Mantralaya):** As the parent ministry, it's affected by the reallocation of responsibility within its departments. * **Related Government Agencies:** Agencies that interact with the Department of Posts and India Post Payments Bank may also be indirectly affected. **7. Implementation Aspects (Inferred):** * **Responsible agency/bodies mentioned:** The Department of Posts (Dak Vibhag) is explicitly mentioned as the body gaining responsibility. The President of India is mentioned as the authorizer of the rules based on powers conferred by the Constitution. * **Timelines or procedures specified:** The amendment came into force "at once," suggesting immediate implementation. * **Specific to the changes**: The implementation will require the Department of Posts to integrate oversight and management of the IPPB into its existing structures and processes. **8. Expected Outcomes / Impact of Changes:** The likely intended outcome of this amendment is to: * **Clarify Responsibility:** Clearly define the Department of Posts' role in overseeing the India Post Payments Bank. * **Improve Coordination:** Facilitate better coordination and alignment between the Department of Posts and the India Post Payments Bank. * **Enhance Accountability:** Increase accountability within the Department of Posts for the performance and operations of the India Post Payments Bank. * **Streamline Decision-Making:** Potentially streamline decision-making processes related to the India Post Payments Bank by centralizing responsibility within the Department of Posts. **9. Conclusion:** The Government of India Allocation of Business Three Hundred and Sixty-seventh Amendment Rules, 2022, represents a significant change in the allocation of responsibilities related to the India Post Payments Bank. By assigning matters related to the bank to the Department of Posts, the amendment aims to clarify responsibilities, improve coordination, enhance accountability, and streamline decision-making. This amendment is significant for the Department of Posts, the India Post Payments Bank, and other stakeholders involved in the Indian financial and postal sectors.

Key Entities Referenced