Date: 2014-11-20Category: Extra OrdinaryState: Union GovernmentCountry: India
The Central Govt. hereby makes the following regulations to amend the Pandyan Grama Bank (Officers and Employees) Service Regulations, 2010, These regulations may be called Pandyan Grama Bank Staff (Officers and Employees) Service (Amendment) Regulations, 2013.
**Executive Summary:**
This notification announces amendments to the Pandyan Grama Bank Officers and Employees Service Regulations, 2010, as authorized by Section 30 of the Regional Rural Banks Act, 1976. The amendments, effective from the date of publication in the Official Gazette, pertain to the definition of "Competent Authority" and related regulations. These changes are made after consultation with the Indian Overseas Bank, the National Bank for Agriculture and Rural Development, and with the prior approval of the Central Government.
**Key Points / Main Content:**
* **Regulation Title:** These regulations are called the Pandyan Grama Bank Staff Officers and Employees Service Amendment Regulations, 2013.
* **Effective Date:** The regulations come into force on the date of their publication in the Official Gazette.
* **Amendment to the Definition of "Competent Authority":**
* For Officer Scale III and IV, the Competent Authority is the Chairman.
* For Officer Scale I and II, the Competent Authority is the General Manager.
* For Group B Office Assistant Multipurpose and Group C Office Attendant Multipurpose, the Competent Authority is an officer not below the rank of Scale IV, as decided by the Board.
* **Amendment to Regulation 50:**
* When the Chairman is the Competent Authority, the Board makes decisions.
* When the General Manager is the Competent Authority, the Chairman makes decisions.
* When the Board decides on the Competent Authority under sub-clause (ii) of clause (g) of sub-regulation 2, the General Manager makes decisions.
**Impact Analysis**
**Pandyan Grama Bank Staff (Officers and Employees):**
* *Impact:* The amendments clarify the levels of authority for different officer scales and employee groups within the bank, which impacts reporting structures and decision-making processes.
* *Action Required:* Staff should familiarize themselves with the revised definitions of "Competent Authority" to understand who is authorized to make decisions related to their roles and responsibilities.
**Board of Directors:**
* *Impact:* The Board's role in determining the Competent Authority for certain employee groups is reinforced.
* *Action Required:* The Board needs to ensure decisions regarding Competent Authority are made and communicated clearly.
**Chairman and General Manager:**
* *Impact:* Their respective roles as Competent Authorities for specific officer scales are defined.
* *Action Required:* The Chairman and General Manager need to exercise their authority in accordance with the new regulations.
Key Entities Referenced
Pandyan Grama Bank: A Regional Rural Bank, the subject of the policy document.
Regional Rural Banks Act, 1976: The Act of the Indian Parliament that empowers the regulations of Regional Rural Banks.
Indian Overseas Bank: The Sponsor Bank of Pandyan Grama Bank.
National Bank for Agriculture and Rural Development: A national level bank involved in consultation regarding the regulations.
Pandyan Grama Bank Officers and Employees Service Regulations, 2010: The original service regulations being amended by this notification.
Pandyan Grama Bank Staff Officers and Employees Service Amendment Regulations, 2013: The title of the amended regulations.
Virudhunagar, Tamil Nadu: The location of the Administrative Office of Pandyan Grama Bank where the notification was issued.
S. Karthikeyan: Chairman of Pandyan Grama Bank