Gazette Tracker
Gazette Tracker

Core Purpose

Notification amending the Himachal Pradesh Gramin Bank (Officers and Employees) Service Regulations, 2010 to revise privilege leave accumulation and encashment entitlements.

Detailed Summary

By notification No. HPGB/HO/HRD/2024 dated 4th July, 2024, the Board of Directors of Himachal Pradesh Gramin Bank, in exercise of powers under Section 30 read with sub-section (1) of Section 17 of the Regional Rural Banks Act, 1976 (21 of 1976), and after consultation with sponsor bank Punjab National Bank and the National Bank for Agriculture and Rural Development, with the previous sanction of the Central Government, made the Himachal Pradesh Gramin Bank (Officers and Employees) Service (Amendment) Regulations, 2024 to further amend the Himachal Pradesh Gramin Bank (Officers and Employees) Service Regulations, 2010; the amendments substitute regulation 61(4) to raise the cap on accumulated Privilege Leave to 270 days (with encashment restricted to a maximum of 240 days), and amend regulation 67 to add the words 'under the provisions of regulation 11' to the second proviso, substitute the third proviso to entitle employees terminated by retrenchment to payment equivalent to accumulated privilege leave emoluments, and insert further provisos entitling employees who voluntarily retire on or after 1st April 2018 (under the Himachal Pradesh Gramin Bank (Employees') Pension Regulations, 2018), employees compulsorily retired (including as a punishment measure), and employees who leave or discontinue service, to specified privilege leave encashment (up to a maximum of 120 days in the last case); the regulations were signed by Rajendra Singh, Chairman, and the 2010 principal regulations were noted as published on 23rd October, 2013 and previously amended by notifications dated 6th March, 2014 and 3rd December, 2018.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-12072024-255363 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 510] NEW DELHI, THURSDAY, JULY 11, 2024/ASHADHA 20, 1946 4168 GI/2024 HIMACHAL PRADESH GRAMIN BANK NOTIFICATION New Delhi, the 4th July, 2024 No. HPGB/HO/HRD/2024. —In exercise of the powers conferred by Section 30 read with sub-section (1) of Section 17 of Regional Rural Banks Act, 1976 (21 of 1976), the Board of Directors of Himachal Pradesh Gramin Bank after consultation with Punjab National Bank, being the Sponsor Bank and the National Bank for Agriculture and Rural Development and with the previous sanction of the Central Government, hereby makes the following regulations to further amend the Himachal Pradesh Gramin Bank (Officers and Employees) Service Regulations, 2010, namely:- 1. (1) These Regulations may be called Himachal Pradesh Gramin Bank (Officers and Employees) Service (Amendment) Regulations, 2024. (2) They shall come into force on the date of their publication in the official Gazette. 2. In the Himachal Pradesh Gramin 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 the 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-regulation (1) and (2) of regulation 27 of the Himachal Pradesh Gramin 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 form service or regains 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." RAJENDRA SINGH, Chairman [ADVT.-III/4/Exty./277/2024-25] Note: The Himachal Pradesh Gramin Bank (Officers and Employees) Service Regulations, 2010 were published in the Gazette of India, Part III, section 4, dated the October 23rd, 2013, vide notification number 276 dated October 23rd, 2013 and subsequently amended vide notification number 79 dated the 6th March, 2014 and vide notification no. 462 dated 3rd December, 2018.

Never miss important gazettes

Create a free account to save gazettes, add notes, and get email alerts for keywords you care about.

Sign Up Free