Home India Mizoram Rural Bank In exercise of the powers conferred by Section 30 read with ...
Date: 01-Nov-2024 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by Section 30 read with subsection

Issued by Mizoram Rural Bank · Not Applicable

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Executive Summary & Key Takeaways

Description of the Gazette Notification

  • This gazette notification announces amendments to the Mizoram Rural Bank (Officers & Employees) Service Regulations, 2010. The amendments primarily concern the accumulation and encashment of privilege leave and the payment of leave encashment upon retirement or termination of service.

Key Changes

  • Amendment to Regulation 61(4): The maximum accumulation of privilege leave is increased to 270 days, but encashment is limited to a maximum of 240 days.
  • Amendment to Regulation 67: Clarifications and additions regarding leave encashment upon retirement or termination of service. Specifically, it addresses scenarios involving voluntary retirement (on or after April 1, 2018), compulsory retirement (including punishment), and resignation or leaving service.
  • New provisions in Regulation 67: Added provisions specify the leave encashment amounts payable in cases of voluntary retirement after April 1, 2018, compulsory retirement (including punishment), and resignation or leaving service. For voluntary retirement after April 1, 2018, and compulsory retirement, full accumulated leave (up to 240 days) will be encashed. For resignation or leaving service, half the accumulated leave (up to a maximum of 120 days) will be encashed.
  • Effective Date: The amendments come into effect on the date of publication in the Official Gazette (November 1, 2024).

Impact Analysis

Mizoram Rural Bank Employees

  • Need for employees to understand the amended regulations and their implications for their leave accumulation and encashment.

Mizoram Rural Bank Management

  • Need for training for HR personnel on the amended regulations.

Government of India

  • Need for monitoring the implementation of the amended regulations and their impact on the bank's financial health.

Suggested Action Items

  • Regularly review the regulations to ensure they remain relevant and effective.

Key Entities Referenced

Mizoram Rural Bank: The bank whose (Officers & Employees) Service Regulations are being amended. State Bank of India: The Sponsor Bank for Mizoram Rural Bank, consulted on the amendments. National Bank for Agriculture and Rural Development (NABARD): Consulted on the amendments to the Mizoram Rural Bank regulations. Government of India: Gave prior sanction for the amendments. Mizoram Rural Bank (Officers & Employees) Service Regulations, 2010: The regulations being amended by this notification. Mizoram Rural Bank (Employees’) Pension Regulations, 2018: Regulations referenced in the amendment regarding voluntary retirement. Regional Rural Banks Act, 1976: The Act under which the Mizoram Rural Bank has the power to make these regulations.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-एम.जेड.-अ.-02112024-258420 xxxGIDHxxx CG-MZ-E-02112024-258420 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 887] नई कदल्ली, िुक्रवार, नवबं र 01, 2024/कार्तकम 10, 1946 No. 887] NEW DELHI, FRIDAY, NOVEMBER 01, 2024/KARTIKA 10, 1946 जििोरि ग्रािीण बकैं अजधसचू ना आइिोल, 18 अक्त ूबर, 2024 स.ं एिआरबी/2024–जििोरि ग्रािीण बकैं (अजधकारी और किचम ारी) सवे ा (सिं ोधन) जवजनयि, 2024.––क्षेत्रीय ग्रािीण बैंक अजधजनयि, 1976 (1976 का 21) की धारा 17 की उपधारा (1) के साथ पठित धारा 30 द्वारा प्रदत्त िजियों का प्रयोग करते हुए, जििोरि ग्रािीण बैंक का जनदेिक िंडल, प्रायोिक बैंक होने के नात े भारतीय स्ट्टेट बैंक और राष्ट्रीय कृजि और ग्रािीण जवकास बैंक के साथ परािि म करन े के बाद तथा केंद्र सरकार की पूवम िंिूरी के साथ, एतद्द्वारा जििोरि ग्रािीण बैंक के (अजधकारी और किमचारी) सेवा जवजनयिावली, 2010 ि ें और अजधक संिोधन करन े के जलए जनम्नजलजखत जवजनयि बनाता ह,ै यथा:- 1. (1) इन जवजनयिों को जििोरि ग्रािीण बैंक (अजधकारी और किमचारी) सेवा (संिोधन) जवजनयि, 2024 कहा िाएगा. (2) य ेसंिोधन, इनके सरकारी रािपत्र ि ें प्रकाजित होने की जतजथ स ेलाग ू हो िाएगं े. 2. जििोरि ग्रािीण बैंक (अजधकारी और किमचारी) सेवा जवजनयि, 2010 (जिन् ह ें इसके बाद उि जवजनयि कहा िाएगा) ि,ें जवजनयि 61 के उप-जवजनयिन (4) के जलए, जनम्नजलजखत उप-जवजनयिन प्रजतस्ट्थाजपत ककया िाएगा, यथा:- 7117 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] “(4) जविेिाजधकार अवकाि 270 कदनों स ेअजधक तक का नहीं ििा ककया िा सकता ह,ै जसवाय इसके कक िहां छुट्टी के जलए आवेदन ककया गया हो और उसे अस्ट्वीकार कर कदया गया हो: बिते कक जविेिाजधकार अवकाि का नकदीकरण अजधकति 240 कदन के जलए ही ककया िा सकेगा.” 3. उि जवजनयिों के जवजनयि 67 के,- क) दसू रे प्रावधान ि,ें “बैंक की सेवा स े सेवाजनवृत्त” िब्दों के बाद, “जवजनयिन 11 के प्रावधानों के अंतगतम ” िब्द सजमिजलत ककए िाएंगे; ख) तीसरे प्रावधान के स्ट्थान पर जनम्नजलजखत प्रावधान िाजिल ककया िाएगा, यथा:- “यह भी प्रावधान ककया िाता ह ै कक उस किमचारी के संबंध ि ें जिसकी सेवाए ं छंटनी के कारण सिाप्त 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 जवजनयिन 61 के उप-जवजनयिन (4) के अधीन ििा कर रखा था.” ग) तीसरे प्रावधान के बाद, जनम्नजलजखत प्रावधान सजमिजलत ककए िाएंगे, यथा,- “यह भी प्रावधान ककया िाता ह ै कक िहां कोई अजधकारी अथवा किमचारी, जििोरि ग्रािीण बैंक (किमचारी का नाि) पिें न जवजनयि, 2018 के जवजनयिन 27 के उप-जवजनयि (1) और (2) के तहत जवजधवत ् नोठटस देने के बाद अपनी स्ट्वेच्छा स े कदनांक 01 अप्रलै 2018 को या उसके बाद सेवा स े सेवाजनवृत्त होता ह,ै तो वह अपन े द्वारा जवजनयि 61 के उप-जवजनयि (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 ह ै कक िहां ककसी अजधकारी या किमचारी को, अजनवाय म रूप स े सेवाजनवृत्त कर कदया गया हो, जिसि ें दडं भी िाजिल ह,ै वह जवजनयिन 61 के उप-जवनयि (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 िहा ं कोई अजधकारी या किमचारी सेवा छोड़ देता ह ै या काि पर आना बंद कर दते ा ह ै या जवजनयि 10 के उप-जवजनयिन (1) के प्रावधानों के तहत पदत्याग कर देता ह,ै तो वह सवे ा की सिाजप्त की जतजथ को उसके खाते ि ें ििा जविेिाजधकार छुट्टी की आधी अवजध की पठरलजब्धयों के बराबर की राजि का भुगतान प्राप् त करने के जलए पात्र होगा, यह अवजध अजधकति 120 कदन तक की ही हो सकती ह.ै” िेठरल एल वानचोंग, अध्यक्ष [जवज्ञापन-III/4/असा./657/2024-25] नोट: जििोरि ग्रािीण बैंक (अजधकारी और किमचारी) सेवा जवजनयिन, 2010 को कदनांक आइिोल के भारत के रािपत्र, भाग III, खडं 4 असाधारण ि ें कदनांक एिआरबी/2010 की अजधसूचना संख्या 27 अक्टूबर, 2010 के िाध्यि स े प्रकाजित ककया गया था| MIZORAM RURAL BANK NOTIFICATION Aizawl, the 18th October, 2024 No. MRB/2024–Mizoram Rural Bank (Officers & Employees) Service (Amendment) Regulations, 2024.—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 Mizoram Rural Bank after consultation with State Bank Of India, being the Sponsor Bank and the National Bank for Agriculture and Rural Development and with the previous[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3 sanction of the Central Government, hereby makes the following regulations to further amend the Mizoram Rural Bank (Officers & Employees) Service Regulations, 2010, namely:- 1. (1) These Regulations may be called Mizoram Rural 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 Mizoram Rural 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: 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 Mizoram Rural 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.” SHERYL L VANCHHONG, Chairman [ADVT.-III/4/Exty./657/2024-25] Note: The Mizoram Rural Bank (Officers and Employees) Service Regulations, 2010 were published in the Gazette of India, Part III, section 4, Extraordinary dated the Aizawl, vide notification number No. MRB/2010 - Mizoram Rural Bank (Officers & Employees) Regulations, 2010 dated the 27th October, 2010. 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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