Home India Food Corporation of India In exercise of the powers conferred by Section 45 of Food Co...
Date: 2020-08-05 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by Section 45 of Food Corporations Act

Issued by Food Corporation of India · Not Applicable

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Executive Summary & Key Takeaways

Executive Summary: This notification announces the Food Corporation of India Staff Second Amendment Regulations, 2020, effective from the date of publication in the Official Gazette. It amends the Food Corporation of India Staff Regulations, 1971, regarding acceptance of gifts and investment in stocks by employees. The amendments are made under Section 45 of the Food Corporations Act, 1964. Key Points / Main Content: Gift Acceptance: * Category I and II employees cannot accept gifts exceeding Rs. 5,000 without Corporation sanction. * Category III and IV employees cannot accept gifts exceeding Rs. 2,000 without Corporation sanction. * Employees who are members of Indian delegations may receive and retain gifts from foreign dignitaries, following the Foreign Contribution Acceptance or Retention of Gifts or Presentations Rules, 2012. Investment in Stocks: * Employees are prohibited from speculating in stocks, shares, or other investments. * Occasional investments through authorized stock brokers or licensed persons are permitted. * Frequent purchase or sale of shares is considered speculation. Impact Analysis: FCI Employees (Category I, II, III, and IV): * Impact: New regulations govern gift acceptance limits based on employee category and restrictions on stock market speculation. * Action Required: Comply with revised gift acceptance limits and restrictions on stock market activities. Food Corporation of India: * Impact: Enforcement and oversight of the amended regulations. * Action Required: Enforce the new regulations regarding gift acceptance and investment activities.

Key Entities Referenced

Food Corporation of India: An organization that is amending its Staff Regulations. Food Corporations Act, 1964: The act that confers powers exercised in the notification. Food Corporation of India Staff Regulations, 1971: The staff regulations being amended. Central Government: The entity providing sanction for the amendments. Food Corporation of India Staff Second Amendment Regulations, 2020: The name of the current amendment to the regulations. Official Gazette: The publication in which the notification will be published. Foreign Contribution Acceptance or Retention of Gifts or Presentations Rules, 2012: Rules governing the acceptance of gifts from foreign dignitaries. New Delhi: Location of Notification
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-05082020-220865 xxxGIDHxxx CG-DL-E-05082020-220865 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 306] िई दिल्ली, बुधवार, अगस्ट्त 5, 2020/ श्रावण 14, 1942 No. 306] NEW DELHI, WEDNESDAY, AUGUST 5, 2020/SRAVANA 14, 1942 भारतीय खाद्य जिगम अजधसचू िा िई दिल् ली, 30 िुलाई, 2020 स.ं 125 स.ंईपी-36(1)2017.—खाद्य जिगम अजधजियम, 1964 (1964 का 37वां) की धारा 45 द्वारा प्रित्त िजियों का प्रयोग करत े हुए तथा केंद्र सरकार की पूवाािुमजत स े भारतीय खाद्य जिगम (कमाचारीव ंि) जवजियम, 1971 म ें संिोधि करि े के जलए भारतीय खाद्य जिगम एतिद्वारा जिम्नजलजखत जवजियम बिाता ह,ै यथा :- 1. संजिप्त िीर्का तथा आरंभ: (i) ये जवजियम, भारतीय खाद्य जिगम (कमाचारीव ंि) (िसू रा सिं ोधि) जवजियम, 2020 कहलाएंगे। (ii) ये सरकारी गिट म ेंअजधसचू िा की तारीख स ेलागू होंगे। 2. पररभार्ा: इि जवजियमों म ें िब्िों की पररभार्ा और उिका अथ ा तथा पिों के पििाम का अथ ा वही होगा िैसादक खाद्य जिगम अजधजियम, 1964 तथा भारतीय खाद्य जिगम (कमाचारीव ंि) जवजियम, 1971 म ेंदिया गया ह।ै 3. भारतीय खाद्य जिगम (कमाचारीव ंि) जवजियम 1971, जवजियम 43 (iii), 43 (v) और 46 म ें जिम्नािुसार संिोधि दकए गए ह:ैं- 3500 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4] जवजियम 43 (iii) दकसी भी अन्य मामल े म,ें यदि उपहार का मूल्य जिम्न राजि स े अजधक हो तो कार्माक, जिगम की मंिरू ी के जबिा कोई उपहार स्ट्वीक त िहीं करेगा: (क) श्रेणी- I अथवा श्रणे ी- II के दकसी भी पि पर धाररत कार्माक के मामल े म ेंरु.5000/- (ख) श्रेणी- III तथा श्रणे ी- IV के दकसी भी पि पर धाररत कार्मका के मामल े म ेंरु.2000/- जवजियम 43 (v) उपरोि उप-जवजियमों (ii) और (iii) म ें जिजहत होि े के बाविूि, जिगम का कार्माक भारतीय प्रजतजिजध मडं ल का सिस्ट्य होत े हुए अथवा जविेिी अंििाि (उपहार तथा भेंट की स्ट्वीक जत अथवा रखिा) जियम, 2012 के प्रावधािों के अिुसार जविेिी उच्च पिाजधकाररयों स े उपहार ल ेसकता ह ैतथा रख सकता ह।ै जवजियमि - 46 - (i) कोई भी कार्माक दकसी स्ट्टॉक, िेयर अथवा जिवेि म ेंअटकल(स्ट्पेक्युलेट) िहीं लगाएगा। प्रावधाि ह ै दक इस उप-जियम म ें कुछ भी स्ट्टॉक ब्रोकरों अथवा जवजधवत रूप स े अजधक त और लाइसेंसिुिा अथवा जिन्होंिे संबंजधत कािूिों के तहत पंिीकरण का प्रमाण-पत्र प्राप्त दकया ह,ै के माध्यम स े दकए गए यिा-किा जिवेिों पर लाग ू िहीं होगा। स्ट्पष्टीकरण: अक्सर खरीि अथवा जबक्री अथवा िोिों के िेयरों, प्रजतभूजतयों अथवा अन्य जिविे को इस उप-जियम के अथ ा के अिुसार मािा िाएगा । सीमा कक्क ड़, सजचव [जवज्ञापि-III/4/असा./165/2020-21] रटप्पणी: मुख्य जवजियम भारत के रािपत्र म ें दििांक 08.05.1971 की अजधसूचिा के माध्यम स े प्रकाजित दकए गए थ ेतथा तििरूु प अंजतम बार जिम्न के माध्यम स ेसंिोजधत दकय े गए । क्र .सं. िीर्ाक दििांक 1. भा॰ खा॰ जि॰,(कमाचारीव न्ि) (िसू रा संिोधि) जवजियम, 2019 03.09.2019 2. भा॰ खा॰ जि॰,(कमाचारीव न्ि) (तीसरा संिोधि) जवजियम, 2019 06.01.2020 3. भा॰ खा॰ जि॰, (कमाचारीव न्ि) (पहला संिोधि) जवजियम, 2020 23.06.2020 FOOD CORPORATION OF INDIA NOTIFICATION New Delhi, the 30th July, 2020 No. 125 No. EP-36(1)2017.—In exercise of the powers conferred by Section 45 of Food Corporations Act, 1964 (37 of 1964) and with the previous sanction of the Central Government, the Food Corporation of India hereby makes the following Regulations further to amend the Food Corporation of India (Staff) Regulations, 1971 namely:- 1. Short Title and Commencement: (i) These Regulations shall be called the Food Corporation of India (Staff) (Second Amendment) Regulations, 2020. (ii) These shall come into force from the date of Notification in the Official Gazette.[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3 2. Definitions: The definition and meaning of the words and designation of posts in these Regulations shall have the same meaning as contained in the Food Corporations Act, 1964 and the Food Corporation of India (Staff) Regulations, 1971. 3. In FCI (Staff) Regulations 1971, Regulations 43(iii), 43(v) and 46 may be amended as under:- Regulation 43 (iii) In any other case, an employee shall not accept any gift without sanction of the Corporation if the value thereof exceeds: (a) Rs.5,000/- in case of an employee holding any Category-I or Category-II posts; (b) Rs.2,000/- in case of an employee holding any Category-III or Category-IV posts. Regulation 43 (v) Notwithstanding anything contained in Sub-Regulations (ii) & (iii) above, a Corporation employee being a member of Indian delegation or otherwise, may receive and retain gifts from foreign dignitaries in accordance with the provisions of the Foreign Contribution (Acceptance or Retention of Gifts or Presentations) Rules, 2012, as amended from time to time. Regulation – 46 – (i) No employee shall speculate in any stock, share or other investment. Provided that nothing in this sub-regulation shall apply to occasional investments made through stock brokers or other persons duly authorized and licensed or who have obtained a certificate of registration under the relevant laws. Explanation: Frequent purchase or sale or both of shares, securities or other investment shall be deemed to be speculation within the meaning of this sub-regulation. SEEMA KAKAR, Secy. [ ADVT.-III/4/Exty./165/2020-21] Note:- The Principal Regulations were published in the Gazette of India vide Notification dated 8.5.1971 and subsequently have been amended being lastly vide:- SL. No Title Dated 1 FCI (Staff) (2nd Amendment) Regulations, 2019 03.09.2019 2 FCI (Staff) (3rd Amendment) Regulations, 2019 06.01.2020 3 FCI (Staff) (1st Amendment) Regulations, 2020 23.06.2020 Loaded 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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