National Highway Authority of India, Finance Cadre For posts of Deputy General Manager Finance and Accounts

## Policy Analysis Report: Corrigendum to National Highways Authority of India Finance Cadre Regulations **1. Executive Summary:** This report analyzes a corrigendum issued by the National Highways Authority of India (NHAI) on November 17, 2021, which modifies the National Highway Authority of India, Finance Cadre For posts of Deputy General Manager Finance and Accounts, Manager Finance and Accounts, Deputy Manager Finance and Accounts, Assistant Manager Finance and Accounts and Accountant Recruitment, Seniority Promotion Regulations, 2021. The corrigendum clarifies the acceptable qualification of "Certified Management Accountant" to be read as "Cost and Management Accountant" for specific posts. The report focuses on understanding the background, key changes, and potential impact of this amendment based solely on the provided official text. **2. Introduction:** The purpose of this report is to provide a detailed analysis of the NHAI corrigendum published on November 17, 2021, concerning the National Highway Authority of India, Finance Cadre For posts of Deputy General Manager Finance and Accounts, Manager Finance and Accounts, Deputy Manager Finance and Accounts, Assistant Manager Finance and Accounts and Accountant Recruitment, Seniority Promotion Regulations, 2021. The analysis is based exclusively on the information contained within the provided policy text. **3. Policy Overview:** * **Amendment:** This report concerns an amendment to an existing regulation. The original policy is the "National Highway Authority of India, Finance Cadre For posts of Deputy General Manager Finance and Accounts, Manager Finance and Accounts, Deputy Manager Finance and Accounts, Assistant Manager Finance and Accounts and Accountant Recruitment, Seniority Promotion Regulations, 2021" published on March 4, 2021. * **Core Objective(s):** Based on the original title and amendment, the core objective of the original policy is to establish regulations for recruitment, seniority, and promotion within the Finance Cadre of the NHAI, specifically for the posts of Deputy General Manager Finance and Accounts, Manager Finance and Accounts, Deputy Manager Finance and Accounts, Assistant Manager Finance and Accounts, and Accountant. This corrigendum aims to clarify specific qualification requirements to fulfill the original objectives of the primary legislation. **4. Background and Rationale:** The corrigendum likely addresses a discrepancy or ambiguity in the original regulations regarding acceptable qualifications for the specified finance cadre positions. The use of "Certified Management Accountant" may have caused confusion or been deemed inaccurate, necessitating the clarification to "Cost and Management Accountant." This amendment ensures that the intended and appropriate qualifications are recognized under the regulations. **5. Key Provisions / Changes:** This section focuses specifically on the changes introduced by the amendment: * **Specific Part of Original Policy Changed:** The amendment directly affects "Columns 7 and/or 11 of the Schedule" of the original regulations, presumably sections that specify required qualifications for the listed finance cadre posts. * **New Rule/Provision:** The amendment replaces the words "Certified Management Accountant" with "Cost and Management Accountant" in those specified columns for the posts of Deputy General Manager Finance and Accounts, Manager Finance and Accounts, Deputy Manager Finance and Accounts, Assistant Manager Finance and Accounts, and Accountant. * **Difference/Effect of Change:** The change aims to clarify that the recognized qualification is "Cost and Management Accountant" rather than "Certified Management Accountant." The effect is to resolve any ambiguity surrounding acceptable qualifications for the mentioned posts, ensuring that appropriately qualified candidates are eligible for recruitment, seniority consideration, and promotion. **6. Target Audience and Stakeholders:** The primary target audience and stakeholders include: * **Individuals seeking employment or promotion within the NHAI Finance Cadre:** Specifically, those aspiring to or currently holding positions as Deputy General Manager Finance and Accounts, Manager Finance and Accounts, Deputy Manager Finance and Accounts, Assistant Manager Finance and Accounts, and Accountant. * **NHAI Human Resources Department:** Responsible for implementing the recruitment, seniority, and promotion regulations. * **NHAI Administration:** As evidenced by R.K. Pandey, Member Administration, signing the corrigendum. **7. Implementation Aspects (Inferred):** * **Responsible Agency/Bodies:** The National Highways Authority of India (NHAI) is the responsible agency. The Member Administration is directly involved in issuing the corrigendum. * **Timelines/Procedures:** The amendment is effective from the date of publication, November 17, 2021. No specific procedures are outlined in the provided text, but it can be inferred that the NHAI HR department will need to update their recruitment and promotion materials to reflect the change. **8. Expected Outcomes / Impact of Changes:** The likely intended outcome of this specific amendment is to: * **Reduce ambiguity:** Clarify the accepted qualification for relevant Finance Cadre positions within the NHAI. * **Ensure appropriate candidate eligibility:** Avoid excluding qualified candidates due to confusion over the term "Certified Management Accountant". * **Facilitate smoother recruitment and promotion processes:** By providing a clear and unambiguous qualification requirement. **9. Conclusion:** The NHAI corrigendum clarifies the acceptable qualification of "Certified Management Accountant" to be "Cost and Management Accountant" for specified Finance Cadre positions within the organization. This amendment is a minor but important correction that ensures clarity and accuracy in the application of NHAI's recruitment, seniority, and promotion regulations, supporting the effective functioning of the Finance Cadre.

Key Entities Referenced