Home India J & K Grameen Bank In exercise of the powers conferred by Section 30 read with ...
Date: 22-Aug-2024 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by Section 30 read with sub section 1 of Section 17 of the Regional Rural Banks Act

Issued by J & K Grameen Bank · Not Applicable

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Executive Summary & Key Takeaways

Description of the Gazette Notification

  • This gazette notification announces amendments to the J&K Grameen Bank (Officers & Employees) Service Regulations, 2010. These amendments primarily concern the accumulation and encashment of privilege leave and the payment of emoluments upon retirement or cessation of service.

Key Changes

  • Maximum accumulation of privilege leave is capped at 270 days, but encashment is limited to a maximum of 240 days.
  • Regulation 67 is amended to clarify the payment of emoluments for privilege leave upon retirement or termination of service. Specific provisions are added for voluntary retirement (on or after April 1, 2018), compulsory retirement (including punishment), and resignation or leaving service.
  • For voluntary retirement after April 1, 2018, employees are eligible for payment equivalent to emoluments for the accumulated privilege leave (up to the 240-day limit).
  • For compulsory retirement (including punishment), employees are eligible for payment equivalent to emoluments for any accumulated privilege leave.
  • For resignation or leaving service, employees are eligible for payment equivalent to emoluments for half of their accumulated privilege leave (up to a maximum of 120 days).

Impact Analysis

Impact on J&K Grameen Bank Employees

  • Employees need to be informed about the changes and their implications for their financial planning.

Impact on J&K Grameen Bank

  • Potential need for adjustments to budgeting and financial forecasting.

Impact on Sponsor Bank (J&K Bank) and NABARD

  • Potential need for adjustments to their own internal policies and procedures related to similar benefits for their employees.

Suggested Action Items

  • The bank should conduct a financial impact assessment to determine the budgetary implications of the amendments.

Key Entities Referenced

J&K Grameen Bank: The bank whose service regulations are being amended. J&K Bank: The sponsor bank for J&K Grameen Bank, involved in the consultation process. National Bank for Agriculture and Rural Development (NABARD): Another entity involved in the consultation process. Regional Rural Banks Act, 1976: The Act under which the J&K Grameen Bank operates and which provides the legal basis for these amendments. J&K Grameen Bank (Officers & Employees) Service Regulations, 2010: The regulations that are being amended by this notification. J&K Grameen Bank (Employees’) Pension Regulations, 2018: Regulations referenced in the amendment regarding voluntary retirement. Central Government: Gave prior sanction for the amendments.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-जे.के.-अ.-23082024-256581 xxxGIDHxxx CG-JK-E-23082024-256581 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 646] नई कदल्ली, बृहस्ट्प जतवार, अगस्ट्त 22, 2024/श्रावण 31, 1946 No. 646] NEW DELHI, THURSDAY, AUGUST 22, 2024/SHRAVANA 31, 1946 ि ेएण्ड के ग्रामीण बकैं अजधसचू ना नरवाल, िम्मू, 14 अगस्ट्त 2024 सख्ं या िके ेिीबी/एचओ/एचआरडीडी/2024-25/2978.—क्षत्रे ीय ग्रामीण बैंक अजधजनयम, 1976 (1976 का 21) की धारा 17 की उपधारा (1) के साथ पठित धारा 30 द्वारा प्रदत्त िजियों का प्रयोग करत े हुए, ि े एण्ड के ग्रामीण बैंक का जनदेिक मडं ल, प्रायोिक बैंक होने के नाते ि े एण्ड के बैंक और राष्ट्रीय कृजि और ग्रामीण जवकास बैंक के साथ परामिश करन े के बाद तथा केंद्र सरकार की पूवश मंिूरी के साथ, एतद्द्वारा िे एण्ड के ग्रामीण बैंक के (अजधकारी और कमशचारी) सेवा जवजनयमावली, 2010 म ेंऔर अजधक संिोधन करन े के जलए जनम्नजलजखत जवजनयम बनाता ह,ै यथा:- 1. (1) इन जवजनयमों को िे एण्ड के ग्रामीण बैंक (अजधकारी और कमशचारी) सेवा (संिोधन) जवजनयम, 2024 कहा िाएगा. (2) य ेसंिोधन, इनके सरकारी रािपत्र में प्रकाजित होने की जतजथ से लाग ूहो िाएगं े. 2. िे एण्ड के ग्रामीण बैंक (अजधकारी और कमशचारी) सेवा जवजनयम, 2010 (जिन् ह ें इसके बाद उि जवजनयम कहा िाएगा) म,ें जवजनयम 61 के उप-जवजनयमन (4) के जलए, जनम्नजलजखत उप-जवजनयमन प्रजतस्ट्थाजपत ककया िाएगा, यथा:- “(4) जविेिाजधकार अवकाि 270 कदनों स े अजधक तक का नहीं िमा ककया िा सकता है, जसवाय इसके कक िहा ं छुट्टी के जलए आवेदन ककया गया हो और उसे अस्ट्वीकार कर कदया गया हो: 5372 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] बिते कक जविेिाजधकार अवकाि का नकदीकरण अजधकतम 240 कदन के जलए ही ककया िा सकेगा.” 3. उि जवजनयमों के जवजनयम 67 के,- क) दसू रे प्रावधान म,ें “बैंक की सवे ा से सेवाजनवृत्त” िब्दों के बाद, “जवजनयमन 11 के प्रावधानों के अतं गतश ” िब्द सजम्मजलत ककए िाएंग;े ख) तीसरे प्रावधान के स्ट्थान पर जनम्नजलजखत प्रावधान िाजमल ककया िाएगा, यथा:- “यह भी प्रावधान ककया िाता ह ै कक उस कमशचारी के संबंध म ेंजिसकी सेवाएं छंटनी के कारण समाप्त कर दी िाती ह,ैं वह जविेिाजधकार अवकाि की अवजध के जलए पठरलजब्धयों के बराबर की राजि का भगु तान प्राप् त करन े के जलए पात्र होगा, िो उसने जवजनयमन 61 के उप-जवजनयमन (4) के अधीन िमा कर रखा था.” ग) तीसरे प्रावधान के बाद, जनम्नजलजखत प्रावधान सजम्मजलत ककए िाएंगे, यथा,- “यह भी प्रावधान ककया िाता ह ै कक िहा ं कोई अजधकारी अथवा कमशचारी, िे एण्ड के ग्रामीण बैंक (कमशचारी) पेंिन जवजनयम, 2018 के जवजनयमन 27 के उप-जवजनयम (1) और (2) के तहत जवजधवत ् नोठटस दने े के बाद अपनी स्ट्वेच्छा से कदनांक 01 अप्रैल 2018 को या उसके बाद सेवा से सेवाजनवृत्त होता है, तो वह अपने द्वारा जवजनयम 61 के उप-जवजनयम (4) के अधीन संजचत जविेिाजधकार अवकाि की अवजध के जलए पठरलजब्धयों के बराबर की राजि का भुगतान प्राप् त करन े के जलए पात्र होगा. यह भी प्रावधान ककया िाता है कक िहां ककसी अजधकारी या कमशचारी को, अजनवायश रूप से सेवाजनवृत्त कर कदया गया हो, जिसम ें दडं भी िाजमल ह,ै वह जवजनयमन 61 के उप-जवनयम (4) के अधीन, ककसी भी अवजध की पठरलजब्धयों के बराबर की राजि का भुगतान प्राप् त करने के जलए पात्र होगा. यह भी प्रावधान ककया िाता ह ैकक िहां कोई अजधकारी या कमशचारी सेवा छोड़ देता ह ै या काम पर आना बंद कर देता ह ै या जवजनयम 10 के उप-जवजनयमन (1) के प्रावधानों के तहत पदत्याग कर देता ह,ै तो वह सेवा की समाजप्त की जतजथ को उसके खाते म ें िमा जविेिाजधकार छुट्टी की आधी अवजध की पठरलजब्धयों के बराबर की राजि का भुगतान प्राप् त करने के जलए पात्र होगा, यह अवजध अजधकतम 120 कदन तक की ही हो सकती ह.ै” संिय गुप्ता, अध्यक्ष [जवज्ञापन-III/4/असा./415/2024-25] नोट: िे एण्ड के ग्रामीण बैंक (अजधकारी और कमशचारी) सेवा जवजनयमन, 2010 को कदनांक 4 नवंबर, 2010 के भारत के रािपत्र, भाग III, खंड 4 म ें कदनांक 6 नवंबर,2010 की अजधसूचना संख्या 293 के माध्यम से प्रकाजित ककया गया था और बाद में कदनांक 24 नवंबर, 2014 की अजधसूचना संख्या 342 और कदनांक 28 नवंबर, 2018 की अजधसूचना संख्या 453 द्वारा सिं ोजधत ककया गया था. J&K GRAMEEN BANK NOTIFICATION Narwal, Jammu, the 14th August, 2024 No. JKGB/HO/HRDD/2024-25/2978.—In exercise of the powers conferred by Section 30 read with sub- section (1) of Section 17 of the Regional Rural Banks Act, 1976 (21 of 1976), the Board of Directors of J&K Grameen Bank after consultation with J&K Bank, being the Sponsor Bank and the National Bank for Agriculture and Rural Development and with the previous sanction of the Central Government, hereby makes the following regulations to further amend the J&K Grameen Bank (Officers & Employees) Service Regulations, 2010, namely:- 1. (1) These Regulations may be called J&K Grameen Bank (Officers & Employees) Service (Amendment) Regulations, 2024. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the J&K Grameen Bank (Officers and Employees) Service Regulations, 2010 (hereinafter referred to as said regulations), in the regulations 61 for sub-regulation (4), the following sub-regulation shall be substituted, namely:- "(4) Privilege Leave may be accumulated up to not more than 270 days, except where leave has been applied for and it has been refused:[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3 Provided that encashment of Privilege Leave shall be restricted up to a maximum of 240 days." 3. In the said regulations, in regulation 67,- (a) In second proviso, after the words "retires from the service of the Bank", the words "under the provisions of regulation 11" shall be inserted; (b) For third Proviso, the following proviso shall be substituted, namely:- "Provided also that in respect of the employee where his services are terminated owing to retrenchment, he shall be eligible to be paid a sum equivalent to the emoluments for the period of privilege leave he had accumulated subject to sub-regulation (4) of regulation 61." (c) After third proviso, the following provisos shall be inserted, namely,- "Provided also that where an officer or employee voluntarily retires from service on or after the 1st of April 2018, after giving due notice under sub- regulations (1) and (2) of regulation 27 of the J&K Grameen Bank (Employees’) Pension Regulations, 2018, he shall be eligible to be paid a sum equivalent to the emoluments for the period of privilege leave he had accumulated, subject to sub-regulation (4) of regulation 61. Provided also that where an officer or employee has been compulsorily retired including as a measure of punishment, he shall be eligible to be paid a sum equivalent to the emoluments of any period, subject to sub- regulation (4) of regulation 61. Provided also that where an officer or employee leaves or discontinues from service or resigns under the provisions of sub-regulation (1) of regulation 10, he shall be eligible to be paid a sum equivalent to the emoluments in respect of privilege leave to the extent of half of such leave to his credit on the date of cessation of service, subject to a maximum of 120 days." SANJAY GUPTA, Chairman [ADVT.-III/4/Exty./415/2024-25] Note: The J&K Grameen Bank (Officers and Employees) Service Regulations, 2010 were published in the Gazette of India, Part III, Section 4 dated the 4th of November, 2010 vide notification number 293 dated the 6th of November, 2010 and subsequently amended vide notification number 342 dated the 24th of November, 2014 and notification number 453 dated the 28th of November, 2018. 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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