Home India Cabinet Secretariat In exercise of the powers conferred by clause 3 of article 7...
Date: 2017-01-19 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by clause 3 of article 77 of the Constitution, the President hereby makes the following

Issued by Cabinet Secretariat · Not Applicable

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Executive Summary & Key Takeaways

This document is a notification from the Government of India, specifically the Cabinet Secretariat, amending the Government of India Allocation of Business Rules, 1961. The amendment, titled the "Government of India Allocation of Business Three Hundred and Thirtieth Amendment Rules, 2017," came into force immediately on January 16, 2017. Key changes include: * **Ministry of Finance:** Under the Department of Economic Affairs, the phrase "other than Railway Budget" is omitted from entry 28. A new entry, 47A, is inserted, concerning "Financial policy in regard to the utilisation of the proceeds of disinvestment channelised into the National Investment Fund." * **Department of Investment and Public Asset Management (DIPAM):** In entry 4, item b is replaced to broaden DIPAM's advisory role to include advising the Government on financial restructuring of Central Public Sector Enterprises and attracting investment through the capital market. Entry 5 is omitted. The notification is issued under the authority of the President of India, as conferred by clause 3 of article 77 of the Constitution. The document is identified by F. No. 12/16/2016-Cab. and signed by Deepti Umashankar, Joint Secretary.

Key Entities Referenced

Constitution: Refers to the Constitution of India, specifically article 77 which deals with the conduct of business of the Government of India. Government of India Allocation of Business Rules, 1961: A set of rules governing the allocation of government business among ministries and departments within the Government of India. Ministry of Finance VITTA MANTRALAYA: A ministry within the Government of India responsible for financial matters. Department of Economic Affairs ARTHIK KARYA VIBHAG: A department under the Ministry of Finance, Government of India, dealing with economic policies and programs. Railway Budget: The annual financial statement outlining the estimated receipts and expenditure of the Indian Railways. Previously presented separately, it was integrated with the Union Budget. National Investment Fund: A fund established to channel proceeds from disinvestment of Public Sector Undertakings in India. Department of Investment and Public Asset Management DIPAM NIVESH AUR LOK PARISAMPATTI PRABANDHAN VIBHAG: A department under the Ministry of Finance, Government of India, responsible for managing government investments and public assets, including disinvestment. Central Public Sector Enterprises: Enterprises in which the central government owns a majority stake.
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jftLVªh laö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99 vlk/kj.k EXTRAORDINARY Hkkx II—[k.M 3—mi&[k.M (ii) PART II—Section 3—Sub-section (ii) izkf/dkj ls izdkf'kr PUBLISHED BY AUTHORITY la- 174] ubZ fnYyh] c`gLifrokj] tuojh 19] 2017@ikS"k 29] 1938 No. 174] NEW DELHI, THURSDAY, JANUARY 19, 2017/PAUSA 29, 1938 मिं (cid:7074)मडं ल सिचवालय अिधसचू ना नई (cid:7408)द(cid:7016)ली, 16 जनवरी, 2017 का.आ. 194(अ).—रा(cid:7398)पित, संिवधान के अनु(cid:6994)छेद 77 के ख(cid:7003)ड (3) (cid:7367)ारा (cid:7079)द(cid:7275) शि(cid:7334)य(cid:7298) का (cid:7079)योग करते (cid:7263)ए, भारत सरकार (काय-(cid:6981) आबंटन) िनयम, 1961 का और संशोधन करने के िलए िन(cid:7388)िलिखत िनयम बनात ेह,(cid:7289) अथात(cid:6981) ्:- 1. (1) इन िनयम(cid:7298) का सिं (cid:6979)(cid:7385) नाम भारत सरकार (काय-(cid:6981) आबंटन) तीन सौ तीसवां सशं ोधन िनयम, 2017 ह ै। (2) ये तुरंत (cid:7079)व(cid:7275)ृ ह(cid:7298)गे । 2. भारत सरकार (काय-(cid:6981) आबंटन) िनयम,1961 क(cid:7409) ि(cid:7367)तीय अनुसूची म,(cid:7286) ''िव(cid:7004)त म(cid:7074)ं ालय'' शीष(cid:6981)क के अधीन,- (क)(cid:32) ''क. आ(cid:7414)थक काय(cid:6981) िवभाग'' उप-शीषक(cid:6981) के अधीन,- (i) (cid:7079)िवि(cid:7397) 28 म(cid:7286), “रेल बजट को छोड़कर,” श(cid:7011)द(cid:7298) का लोप (cid:7408)कया जाएगा। (ii) (cid:7079)िवि(cid:7397) 47 के प(cid:7019) चात, िन(cid:7013)न िलिखत (cid:7079)िवि(cid:7397) अ(cid:7008)त :(cid:7021)थ ािपत क(cid:7409) जाएगी, अथा(cid:6981)त:्- ''47क. रा(cid:7398)ीय िविनधान िनिध म(cid:7286) (cid:7079)ा(cid:7385) (cid:7263)ए िविनवेश आगम(cid:7298) के उपयोग क(cid:7409) (cid:7079)णाली क(cid:7409) बाबत म (cid:7286) िव(cid:7275)ीय नीित।''; (ख)(cid:32) ''घ. िनवेश और लोक प(cid:7407)रसंपि(cid:7275) (cid:7079)बंधन िवभाग (दीपम)'' उप-शीषक(cid:6981) के अधीन,- (i) (cid:7079)िवि(cid:7397) 4 क(cid:7409) मद (ख) के (cid:7021)थ ान पर, िन(cid:7013)न िलिखत मद रखी जाएगी, अथा(cid:6981)त:्- ‘‘(ख). के(cid:7008)(cid:7076)ीय पि(cid:7011)लक से(cid:6989)टर उ(cid:7378)म(cid:7298) क(cid:7409) िव(cid:7004)त ीय पुनस(cid:7304)रचना के मामल(cid:7298) म(cid:7286) और पूंजी बाजार के मा(cid:7007) यम से उ(cid:7334) उ(cid:7378)म(cid:7298) म (cid:7286)िविनधान को आक(cid:7414)षत करने के िलए सरकार को सलाह दने ा ।''; 325 GI/2017 (1)(cid:32)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] (ii) (cid:7079)िवि(cid:7397) 5 का लोप (cid:7408)कया जाएगा। (cid:7079)णब मुखज(cid:7278) रा(cid:7398)पित [फा. स.ं 1/21/6/2016-मिं (cid:7074).] दीि(cid:7385) उमाशकं र, संयु(cid:7334) सिचव CABINET SECRETARIAT NOTIFICATION New Delhi, the 16th January, 2017 S.O. 194(E).—In exercise of the powers conferred by clause (3) of article 77 of the Constitution, the President hereby makes the following rules further to amend the Government of India (Allocation of Business) Rules, 1961, namely:- 1. (1) These rules may be called the Government of India (Allocation of Business) Three Hundred and Thirtieth Amendment Rules, 2017. (2) They shall come into force at once. 2. In the Government of India (Allocation of Business) Rules, 1961, in the SECOND SCHEDULE, under the heading “MINISTRY OF FINANCE (VITTA MANTRALAYA)”,- (A) under the sub-heading “A. DEPARTMENT OF ECONOMIC AFFAIRS (ARTHIK KARYA VIBHAG)”,- (i) in entry 28, the words “other than Railway Budget” shall be omitted; (ii) after entry 47, the following entry shall be inserted, namely:- “47A. Financial policy in regard to the utilisation of the proceeds of disinvestment channelised into the National Investment Fund.”; (B) under the sub-heading “D. DEPARTMENT OF INVESTMENT AND PUBLIC ASSET MANAGEMENT (DIPAM) (NIVESH AUR LOK PARISAMPATTI PRABANDHAN VIBHAG (DIPAM))”,- (i) in entry 4, for item (b), the following item shall be substituted, namely:- “(b). Advise the Government in matters of financial restructuring of the Central Public Sector Enterprises and for attracting investment in the said Enterprises through capital market.”; (ii) entry 5 shall be omitted. PRANAB MUKHERJEE President [F. No. 1/21/6/2016-Cab.] DEEPTI UMASHANKAR, Jt. Secy.(cid:32) (cid:32) Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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