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Date: 2021-10-26 Category: Extra Ordinary State: Union Government Country: India

National Institutes of Food Technology Entrepreneurship and Management Rules 2021

Issued by Ministry of Food Processing Industries · Not Applicable

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Executive Summary & Key Takeaways

Executive Summary: This document outlines the National Institutes of Food Technology, Entrepreneurship and Management Rules, 2021, enacted under Section 38 of the National Institutes of Food Technology, Entrepreneurship and Management Act 2021. These rules, effective from the date of publication in the Official Gazette, cover the filling of council vacancies, removal of council members, meeting procedures, appointment of the Board Chairperson, and financial account maintenance. The annual audited accounts must be sent to the Central Government by October 31st of the following year. Key Points / Main Content: Council Membership: * Vacancies for non-ex-officio members are filled by the Secretary soliciting nominations from academic/scientific institutions and food/beverage industry associations. * The Chairperson of the Council makes nominations from the received names. * The Ministry of Parliamentary Affairs handles nominations under clause i of subsection 2 of section 28. Removal of Council Members: * The Central Government can remove a member for reasons including moral turpitude, insolvency, unsound mind, physical/mental incapability, absence from three consecutive meetings without permission, financial conflict of interest, or abuse of position. * The member must be given a reasonable opportunity to be heard. Council Meetings: * The Council must meet at least twice a year. * Meetings are convened by the Chairperson, Secretary, or a requisition of at least seven members. * Half of the members constitute a quorum. * A meeting notice with the agenda must be sent at least ten days in advance. * The Chairperson presides over meetings; decisions are made by majority vote with Chairperson approval. * The Secretary prepares and circulates meeting minutes. Board Chairperson Appointment: * A Search-cum-Selection Committee of five eminent persons is constituted by the Central Government. * The appointment process should begin three months before the current Chairperson's tenure ends. * The Committee submits a panel of three names to the Central Government. * The appointee must declare no conflict of interest. * Removal requires Central Government approval. * The Chairperson shall not be appointed for more than two terms and must be below 70 years of age at the time of appointment. Financial Accounts and Records: * Institutes must maintain accounts and records in the format prescribed by the Ministry of Finance. * Separate ledger accounts are required for funds received from the Government of India. * Annual statements of accounts and balance sheets, authenticated by the Director and passed by the Board of Governors, must be forwarded to the Comptroller and Auditor General of India by June 30th of the following year. * The audited annual statement, along with the audit report, must be sent to the Central Government by October 31st of the following year. Impact Analysis: Central Government: * Impact: Responsible for removing Council members, appointing the Board Chairperson, and receiving audited annual statements. * Action Required: Oversee Council member removals, constitute the Search-cum-Selection Committee, approve Board Chairperson appointments, and review annual financial reports. Council Secretary: * Impact: Manages the nomination process for Council vacancies and is responsible for convening and managing Council meetings. * Action Required: Solicit nominations, prepare meeting agendas, send meeting notices, and record/circulate meeting minutes. Council Members (Other than Ex-Officio): * Impact: Can be removed under specific conditions and must attend meetings regularly. * Action Required: Attend meetings, avoid conflicts of interest, and adhere to ethical standards. Institutes (National Institute of Food Technology, Entrepreneurship and Management): * Impact: Must adhere to specific financial accounting and reporting requirements. * Action Required: Maintain accounts as per Ministry of Finance guidelines, prepare annual statements, and submit audited reports to the Comptroller and Auditor General of India and the Central Government. Board of Governors: * Impact: Responsible for passing the annual statement of accounts and balance sheet. * Action Required: Approve the annual statement of accounts and balance sheet. Director: * Impact: Authentication of the annual statement of accounts and balance sheet, forward the duly audited annual statement of accounts. * Action Required: Authenticate the annual statement of accounts and balance sheet, forward the duly audited annual statement of accounts. Comptroller and Auditor General of India: * Impact: Receives annual statements of accounts for auditing. * Action Required: Audit the annual statements and provide an audit report.

Key Entities Referenced

National Institutes of Food Technology, Entrepreneurship and Management Act 2021: An act mentioned as 'Act' defining the rules for the National Institutes of Food Technology, Entrepreneurship and Management. It is referred to as 19 of 2021. National Institutes of Food Technology Entrepreneurship and Management Rules 2021: Rules established in accordance with the National Institutes of Food Technology, Entrepreneurship and Management Act 2021. Ministry of Food Processing Industries: The ministry responsible for issuing the notification regarding the rules for the National Institutes of Food Technology, Entrepreneurship and Management. Council: Governing body associated with the National Institutes of Food Technology, Entrepreneurship and Management. Secretary of the Council: An administrative role responsible for correspondence and managing the Council's affairs. Central Government: The governing authority with powers to make rules, remove council members, and appoint the Chairperson of the Board. Board of Governors: Governing body of individual National Institute of Food Technology, Entrepreneurship and Management. Comptroller and Auditor General of India: An authority consulted by the Ministry of Finance and Central Government regarding financial statements and audits of the Institutes.
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रजजस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एxलx.x-GअID.-E2xx6x1 02021-230736 CG-DL-E-26102021-230736 ऄसाधारण EXTRAORDINARY भाग II—खण् ड 3—ईप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 4098] नइ ददल्ली, मगं लवार, ऄक्त बू र 26, 2021/कार्ततक 4, 1943 No. 4098] NEW DELHI, TUESDAY, OCTOBER 26, 2021/KARTIKA 4, 1943 खाद्य प्रसस्ट्ं करण ईद्योग मत्रं ालय ऄजधसचू ना नइ ददल्ली, 26 ऄक् तूबर, 2021 का.अ. 4453(ऄ).—केंद्रीय सरकार, राष्ट्रीय खाद्य प्रौद्योजगकी, ईद्यजमता और प्रबंध संस्ट्थान ऄजधजनयम 2021, (2021 का 19) की धारा 38 द्वारा प्रदत्त िजियों का प्रयोग करते हुए, जनम्नजलजखत जनयम बनाती ह,ै ऄथाात: - 1. संजिप्त नाम और प्रारंभ - (1) आन जनयमों का संजिप् त नाम राष्ट्रीय खाद्य प्रौद्योजगकी, ईद्यजमता और प्रबंध संस्ट्थान जनयम 2021 ह।ै (2) ये राजपत्र में ईनके प्रकािन की तारीख को प्रवृत् त होंगे। 2. पररभाषाएँ - (1) आन जनयमों म,ें जब तक दक संदभा स ेऄन्यथा ऄपेजित न हो - (क) "ऄजधजनयम" स े राष्ट्रीय खाद्य प्रौद्योजगकी संस्ट्थान, ईद्यजमता और प्रबंध ऄजधजनयम 2021, (2021 का 19) ऄजभप्रेत ह।ै (ख) "सजचव" से पररषद का सजचव ऄजभप्रेत ह।ै (ग) ईन िब् दों और पदों का जो आसमें प्रय‍क् त ह ं और पररभाजषत नह ह,ं दकन् त‍ ऄजधजनयम में पररभाजषत ह,ं वही ऄथ ा होगा जो ईनके ईस ऄजधजनयम में ह ै। 3. पदेन सदस्ट्य से जभन्न, पररषद ्के दकसी सदस्ट्य की ररजि को भरने की रीजत- (1) सजचव, धारा 28 की ईप-धारा (2) के खडं (छ) के ऄधीन नामजनदेिन के जलए िैिजणक और वज्ञै ाजनक संस्ट्थान या स‍जवख् यात संगोनों के प्रधान को, य‍जिय‍क् त समय के भीतर पररषद को ईपय‍क् त नामों की जसााररि करन े हते ‍ 6178 GI/2021 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] जलखेगा जो सामान् य ूपप से ईस तारीख स े जजसको ससे अमत्रं ण जारी दकए गए ह,ं से अो सप् ताह से ऄनजधक होगा । (2) सजचव, धारा 28 की ईप-धारा (2) के खडं (ज) के ऄधीन नामजनदेिन के जलए खाद्य और पये पदाथ ा ईद्योग संघों के प्रधान को, य‍जिय‍क् त समय के भीतर पररषद को ईपय‍क् त नामों की जसााररि करने हते ‍ जलखेगा जो सामान् य ूपप से ईस तारीख स ेजजसको ससे अमंत्रण जारी दकए गए ह,ं से अो सप्ताह से ऄनजधक होगा। (3) ईपरोि ईपजनयम(1) और ईप जनयम(2) के ऄधीन प्राप्त नामों को नाम जनदेिन करने के जलए पररषद के ऄध्यि के समि रखा जाएगा। (4) सजचव, धारा 28 की ईप-धारा (2) के खंड (i) के ऄधीन नाम जनदेिन करन े के जलए संसदीय काया मंत्रालय को जलखेगा। 4. पदेन सदस्ट्य स ेजभन्न पररषद के दकसी सदस्ट्य को हटाना - (1) केंद्रीय सरकार, पररषद के दकसी ससे सदस्ट् य को अदेि द्वारा हटा सकेगी, – (क) जजसे दकसी ससे ऄपराध के जलए जसद्धदोष ोहराया गया ह,ै जजसमें नैजतक ऄधमता ऄन् तवजा लत ह;ै या (ख) जजसे ददवाजलया न् यायजनण त दकया गया ह;ै या (ग) जो जवकृत् त जचत् त ह;ै या (घ) जो िारीररक या मानजसक ूपप से सदस्ट् य के ूपप म ेंकाया करन ेके ऄयो्‍ य ह;ै या (ड.) जो पररषद की लगातार तीन बैोकों से ईसकी जबना ऄनम‍ जत के ऄन‍पजस्ट्थजत रहा है; या (च) जजसन े ससा जवत् तीय या ऄन् य जहत ऄर्तजत कर जलया ह ै जजससे सदस्ट् य के ूपप म ें ईसके कृत् यों पर प्रजतकूल प्रभाव पड़न े की संभावना ह;ै या (छ) जजसने ऄपनी जस्ट्थजत का ससा दरु‍ पयोग दकया ह ै जजससे ईसके पद पर बन े रहन े से लोक जहत पर प्रजतकूल प्रभाव पड़ेगा: परंत ‍ दकसी सदस्ट् य को आस जनयम के ऄधीन तब तक नह हटाया जाएगा जब तक ईसे मामल े में स‍न े जान े का य‍जिय‍क् त ऄवसर प्रदान नह दकया गया ह।ै 5. पररषद की बोै क का स्ट्थान और समय, ईसकी गणपर्तू त और ईसकी काय ासचं ालन करन ेकी प्रदिया (1) पररषद, एक कैलेंडर वष ा के दौरान कम से कम दो बार बैोक करेगी। (2) पररषद की बैोकें, पररषद के ऄध्यि द्वारा स्ट्वप्रेरणा स े या सजचव के ऄनर‍ ोध पर ऄथवा पररषद के कम स े कम सात सदस्ट्यों द्वारा हस्ट्तािररत ऄध् यपेिा पर ब‍लाइ जाएंगी। (3) पररषद की बैोक का स्ट्थान और समय पररषद के ऄध्यि द्वारा जवजनजित दकया जाएगा और अधे सदस्ट्यों स े गणपूर्तत होगी । (4) प्रत्येक बैोक की सूचना कायासूची का ईल् लेख करते हुए सदस्ट्य-सजचव द्वारा प्रत्येक सदस्ट्य को बैोक की तारीख से कम से कम दस ददन पूव ाईस बोै क के स्ट्थ ान, तारीख और समय का ईल्लेख करते हुए भेजी जाएगी: परंत ‍ ऄध्यि तत्काल म‍द्दों पर जवचार करन े के जलए ऄल्प सूचना पर पररषद की कोइ बैोक बल‍ ा सकेगा । (5) दकसी बैोक की सूचना ऄजधमानतः इमेल स े भेजी जा सकेगी या रजजस्ट् रीकृत या स्ट् पीड पोस्ट् ट स े या दस्ट् ती द्वारा पररषद के कायाालय म ें ऄजभजलजखत प्रत्येक सदस्ट्य के पते पर पररदत् त की जा सकती ह ै और यदद सूचना ससी भेजी जाती ह ै तो ईस े सम् यक ूपप स े पररदत् त हुअ समझा जाएगा ईस समय जब सूचना डाक के सामान्य िम म ें पररदत् त की जाएगी: परंत ‍ सूचना ाैक्स या लघ ‍ संदिे सेवा के माध्यम से भी भेजी जा सकेगी। (6) ऄध्यि, बैोकों की ऄध्यिता करेंगे। (7) पररषद, ईन सभी मदों पर जो ईसकी ऄजधकाररता में अती ह ं और व् यजकक राष्ट्रीय खाद्य प्रौद्योजगकी ईद्यजमता और प्रबंध संस्ट्थानों के जवजभन्न िासी बोडा द्वारा जनदेजित मदों पर भी जवचार करेगी ह ै।[भाग II—खण् ड 3(ii)] भारत का राजपत्र : ऄसाधारण 3 (8) कायासूची में दकसी मद को सजम्मजलत करन े के जलए प्रस्ट्तावों की सूचना बैोक से कम से कम पाँच ददन पूव ा सजचव के पास पहुचं जाएगी: परंत ‍ पररषद का ऄध्यि ससी मद को सजम्मजलत करना ऄन‍ज्ञात कर सकेगा जजसके जलए सम् यक सूचना प्राप्त हुइ हो (9) पररषद की बैोक म ें जवचार दकए गए सभी प्रश्न ईपजस्ट्थत सदस्ट्यों के बहुमत और पररषद के ऄध्यि के ऄन‍मोदन से जवजनजित दकए जाएंग े । (10) प्रदिया के सभी प्रश्नों के संबंध में पररषद के ऄध्यि का जनणाय ऄंजतम होगा। (11) पररषद की बैोक की कायावाजहयों का कायावृत्त सजचव द्वारा तैयार दकया जाएगा और पररषद के सदस्ट्यों को पररचाजलत दकया जाएगा। (12) पररषद के ऄध्यि द्वारा कायावृत्त की प‍जि तथा हस्ट्तािर के पश् चात, ईन्ह ें ऄजधसूजचत कायावृत् त प‍जस्ट्तका म ें ऄजभजलजखत दकया जाएगा, जजसे कायाालय समय के दौरान हर समय पररषद के सदस्ट्यों के जनरीिण के जलए ख‍ला रखा जाएगा। 6. बोडा के ऄध्यि की जनयज‍ ि की रीजत- (1) बोडा के ऄध्यि की जनय‍जि के जलए, एक खोज-सह-चयन सजमजत होगी जजसमें प्रिासकों, ईद्योगपजतयों, जििाजवदों, वैज्ञाजनकों, प्रौद्योजगकीजवदों और प्रबंध जविेषज्ञों में स े च‍ने गए पांच प्रजतजकत व्यजियों को िाजमल दकया जाएगा, जजसका गोन केंद्रीय सरकार द्वारा दकया जाएगा। (2) ऄध्यि की जनय‍जि प्रदिया वतामान पदधारी का कायाकाल पूरा होन े स े कम स े कम तीन मास पूवा अरंभ होगी और वतामान पदधारी के कायाकाल पूरा होने स ेतीस ददन पूवा परू ी की जाएगी: परंत‍ यदद ऄध्यि के पद के जलए चयन प्रदिया ईपरोक्त ऄवजध के भीतर पूरी नह होती ह,ै तो बोडा के सदस्ट्य ऄपने बीच म ें से एक कायावाहक ऄध्यि का च‍नाव तीन मास से ऄनाजधक व या दकसी जनयजमत ऄध्यि की जनय‍जि होने तक, जो भी पहले हो, के जलए करेंगे। (3) ऄध् यि के त् यागपत्र या मृत्य‍ के कारण ईभूभूत होने वाली ररजि की ददिा में बोड ा के सदस्ट्य ऄपने बीच म ें से एक कायावाहक ऄध्यि का चन‍ ाव तीन मास या दकयी जनयजमत ऄध्यि की जनय‍जि होन े तक, जो भी पहल े हो, के जलए करेंगे। (4) दकसी भी व्यजि को दो कायाकालों से ऄजधक के जलए ऄध्यि के ूपप में जनयि‍ नह दकया जाएगा। (5) कोइ व्यजि जजसन े जनय‍जि की तारीख को सत्तर वष ा की अय ‍ पूरी नह की है तथा ईसका कोइ जहतों का टकराव नह ह,ै ऄध्यि के ूपप में जनय‍जि के जलए पात्र होगा। (6) खोज-सह-चयन सजमजत केंद्रीय सरकार को तीन नामों के पैनल को ऄन् तर्तव्‍ट करन े वाली एक सूची प्रस्ट् त‍त करेगी। (7) ऄध्यि के ूपप में दकसी व्यजि की जनय‍जि से पूवा, वह एक घोषणा करेगा/करेगी दक संस्ट्थान के कायों में दकसी भी रीजत म ें ईसके जहतों का कोइ टकराव नह ह ै और यदद ईसके कायाकाल के दौरान पश् चातवत स्ट् तर पर ससा कोइ जहतों का टकराव पाया जाता ह ैतो तर‍ ंत पद से आस्ट्तीाा दे दगे ा/देगी। (8) केंद्रीय सरकार के ऄन‍मोदन के जसवाय दकसी भी ऄध्यि को ईसके पद स ेहटाया नह जाएगा। 7. लखे ों और ऄजभलखे ों का प्रूपप और ईजचत रखरखाव (1) संस्ट्थान, भारत के जनयंत्रक महालेखा परीिक के परामि ा से, जवत्त मंत्रालय द्वारा जवजहत लेखों के समान प्रूपप के ऄन‍सार जवत्तीय जववरणों के ूपप में ऄपन ेलेखों और ऄजभलेखों को बनाए रखगें े। (2) संस्ट्थान, भारत सरकार स े प्राप्त सभी जनजधयों के जलए पथृ क बहीखाता रखेगा और ससे ऄन‍दानों के ईजचत ईपयोग के संबंध में संस्ट्थान लखे ों का रखरखाव करेगा । (3) संस्ट्थान, जवत्तीय जववरणों को बनाए रखन े म ें भारत के जनयंत्रक महालेखा परीिक के परामिा स े केंद्रीय सरकार द्वारा समय- समय पर जारी/दकए साधारण जनदेिों का पालन करेगा। 8. सस्ट्ं थान के लखे ों का वार्तषक जववरण तयै ार और प्रस्ट्तत‍ करना4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] (1) संस्ट्थान, भारत के जनयंत्रक महालेखा परीिक के परामि ा से, जवत्त मंत्रालय द्वारा जवजहत लेखों के समान प्रूपप के ऄन‍सार जवत्तीय पररणामों को दिााने वाल ेऄपने वार्तषक लेखा जववरण और तल‍ न पत्र तैयार करेंगे। (2) जनदेिक, जनदेिक द्वारा समम्य ूपप से ऄजधप्रमाजणत और िासी बोडा द्वारा पाररत संस्ट्थानों के वार्तषक लेखा जववरण और तल‍ न-पत्र को अगामी वषा के 30 जून के ऄपश्च ात भारत के जनयंत्रक और महालेखा परीिक को ऄग्रेजषत करेगा । (3) संस्ट् थानों का सम् यक ूपप स े संपरीजित वार्तषक लेखा जववरण जनयंत्रक-महालेखा परीिक द्वारा यथा प्रमाजणत, ईस पर लेखा संपरीिा ररपोटा सजहत, जनदेिक द्वारा प्रत्येक जवत्तीय वषा के जलए केंद्रीय सरकार को संसद के दोनों सदनों के समि रखन े हते ‍ अगामी वषा के 31 ऄक्त ूबर तक ऄग्रजे षत दकया जाएगा। [ाा. सं. I-11013/1/2020-अइडी] जमनहाज अलम, संय‍ि सजचव MINISTRY OF FOOD PROCESSING INDUSTRIES NOTIFICATION New Delhi, the 26th October, 2021 S.O. 4453(E).—In exercise of the powers conferred by section 38 of the National Institutes of Food Technology, Entrepreneurship and Management Act 2021, (19 of 2021) the Central Government, hereby makes the following rules, namely:- 1. Short title and commencement - (1) These rules may be called the National Institutes of Food Technology Entrepreneurship and Management Rules 2021. (2) They shall come into force on the date of their publication in the Official Gazette. 2. Definitions - (1) In these rules, unless the context otherwise required - (a) “Act” means the National Institutes of Food Technology, Entrepreneurship and Management Act 2021 (19 of 2021); (b) “Secretary” means the Secretary of the Council. (c) Words and expressions used herein and not defined, but defined in the Act, shall have the same meanings assigned to them in the Act. 3. The manner of filling up the vacancy of a member of the Council other than an ex-officio member – (1) For nomination under clause (g) of sub-section (2) of section 28, the Secretary shall write to the head of Academic and Scientific Institution or organizations of repute for recommending suitable names to the Council within a reasonable time not ordinarily exceeding eight weeks from the date on which such invitations are issued. (2) For nomination under clause (h) of sub-section (2) of section 28, the Secretary shall write to the head of Food and Beverages Industry Associations for recommending suitable names to the Council within a reasonable time not ordinarily exceeding eight weeks from the date on which such invitations are issued. (3) The names received under sub-rules (1) and (2) above shall be placed before the Chairperson of the Council for making nomination. (4) For making nomination under clause (i) of sub-section (2) of section 28, the Secretary shall write to the Ministry of Parliamentary Affairs for nominations.[भाग II—खण् ड 3(ii)] भारत का राजपत्र : ऄसाधारण 5 4. Removal of a member of the Council other than an ex-officio member - (1) The Central Government may, by order remove any member of the Council, who - (a) has been convicted of an offence which, in the opinion of the Central Government involves moral turpitude; or (b) has been adjudged as an insolvent; or (c) is of unsound mind; or (d) has become physically or mentally incapable of acting as a member; or (e) has been absent from three consecutive meetings of the Council without its permission; or (f) has acquired such financial or other interest as is likely to affect prejudicially his function as a member; or (g) has so abused his position as to render his continuance in office detrimental to the public interest: Provided that no member shall be removed under this rule, unless he has been given a reasonable opportunity of being heard in matter. 5. Time and place of meeting of the Council, its quorum and the procedure for conducting business therein - (1) The Council shall meet at least twice during a calendar year. (2) The meetings of the Council shall be convened by the Chairperson of the Council suo-moto or at the request of the Secretary or on a requisition signed by not less than seven members of the Council. (3) The time and place for the meeting of the Council shall be decided by the Chairperson of the Council and half of the members shall form a quorum. (4) A notice of every meeting containing the agenda shall be sent by the Secretary to every member at least ten days before the date of the meeting, mentioning therein the place, date and time of the meeting: Provided that the Chairperson may call a special meeting of the Council at short notice to consider urgent issues. (5) The notice of a meeting may be sent preferably by email or by registered post or speed post or delivered by hand at the address of each member as recorded in the office of the Council and if so sent shall be deemed to be duly delivered at the time at which notice would be delivered in the ordinary course of post: Provided that the notice may also be sent through facsimile or short message service. (6) The Chairperson shall preside over the meetings. (7) The Council shall consider all items which falls within its jurisdiction and also items referred to it by various Board of Governors of the individual National Institute of Food Technology, Entrepreneurship and Management. (8) Notices of motions for inclusion of any item in the agenda shall reach the Secretary at least five days before the meeting: Provided that the Chairperson of the Council may permit inclusion of any item for which due notice has been received.6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] (9) All questions considered at the meeting of the Council shall be decided by a majority of the members present and with the approval of the Chairperson of the Council. (10) The decision of the Chairperson of the Council in regard to all questions of procedure shall be final. (11) The minutes of the proceedings of a meeting of the Council shall be drawn up by the Secretary and circulated to the members of the Council. (12) After the minutes are confirmed and signed by the Chairperson of the Council, they shall be recorded in a notified minute book which shall be kept open for inspection of the members of the Council at all times during office hours. 6. Manner of Appointment of Chairperson of the Board - (1) For appointment of Chairperson of the Board, there shall be a Search-cum-Selection committee comprising of five eminent persons chosen from amongst administrators, industrialists, educationists, scientists, technocrats and management specialists to be constituted by the Central Government. (2) The appointment process of Chairperson shall begin at least three months prior to the completion of the tenure of the current incumbent and shall be completed thirty days before the completion of tenure of the current incumbent: Provided that if the process of selection for the post of Chairperson is not completed within the aforesaid period, the members from amongst themselves shall elect an acting Chairperson for a period not exceeding three months or till a regular Chairperson is appointed, whichever is earlier. (3) In case of vacancy arising out of resignation or death of the Chairperson, the members from amongst themselves shall elect an acting Chairperson for a period not exceeding three months or till a regular Chairperson is appointed, whichever is earlier. (4) No person shall be appointed as Chairperson for more than two terms. (5) A person who has not attained the age of seventy years as on the date of appointment and has no conflict of interest, shall be eligible for appointment and as Chairperson. (6) The Search-cum-Selection Committee shall submit to the Central Government a list containing a panel of three names. (7) Prior to the appointment of a person as Chairperson, he or she shall give a declaration that he or she has no conflict of interest in any manner with the affairs of the institute, and in case, any such conflict of interest is found in later stage during his or her tenure, shall resign from the position forthwith. (8) No Chairperson shall be removed from his or her post except with the approval of the Central Government. 7. Form and Maintenance of proper accounts and records - (1) The Institutes shall maintain its accounts and records in the Form of financial statements as per uniform format of accounts prescribed by the Ministry of Finance in consultation with Comptroller and Auditor General of India. (2) The Institutes shall maintain separate ledger accounts for all funds received from the Government of India and maintain accounts of the Institutes regarding proper utilization of such grants.[भाग II—खण् ड 3(ii)] भारत का राजपत्र : ऄसाधारण 7 (3) The Institutes shall follow the general directions issued from time to time by the Central Government in consultation with the Comptroller and Auditor General of India in maintaining the financial statements. 8. Preparation and submission of annual statement of accounts of the Institutes - (1) The Institutes shall prepare its annual statement of accounts and balance sheet showing the financial results as per uniform format of accounts prescribed by the Ministry of Finance in consultation with Comptroller and Auditor General of India. (2) The annual statement of accounts and balance sheet of the Institutes, duly authenticated by the Director and passed by the Board of Governors shall be forwarded to the Comptroller and Auditor General of India, not later than the 30th June of the following year. (3) The duly audited annual statement of accounts of the Institutes as certified by the Comptroller and Auditor General of India together with the audit report thereon shall be forwarded by the Director for every financial year to the Central Government by 31st October of the following year for laying before the both Houses of Parliament. [F.No. I-11013/1/2020-ID] MINHAJ ALAM, Jt. Secy. 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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