This notification, issued under the Central Vigilance Commission Act, 2003, delineates the specific levels of officers within various government-controlled entities. It categorizes public sector undertakings (PSUs) into Schedules A, B, C, and D, specifying officer requirements for their Boards. Additionally, it outlines the designation levels for officers in the Reserve Bank of India, NABARD, SIDBI, General Insurance Companies, Life Insurance Corporations, and other local authorities. The notification details that Chief Executives and Board-level executives in certain PSUs must be of E-8 grade and above, while others require E-7 grade and above. For financial institutions, officers in Grade ‘D’ and above, Managers and above, and Senior Divisional Managers and above are specified. For societies and local authorities, officers drawing a salary of Rs. 8700/- p.m. and above, based on the Central Government DA pattern, are designated.
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MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS
(Department of Personnel and Training)
NOTIFICATION
New Delhi, the 12th September, 2007
S.O. 1538(E).-In exercise of the powers conferred by clause (b) of sub-section (2) of section 8 of the Central Vigilance Commission Act, 2003 ( 45 of 2003), the Central Government hereby specifies the following level of officers mentioned in column (3) of the table below of the corporations established by or under any Central Act, the Government companies, societies and other local authorities owned or controlled by the Central Government mentioned in column (2) of the said Table for the purpose of clause (d) of sub-section (1) of section 8 of the said Act:-
TABLE
Sl. No. Name and categories of corporation/ $\quad$ Level of officers Government companies/societies and other
Level of officers local authorities
(1)
(2)
(3)
- Schedule ‘ $A$ ‘ and ‘ $B$ ‘ Public Sector Undertakings
- Schedule ‘ $C$ ‘ and ‘ $D$ ‘ Public Sector Undertakings
- Reserve Bank of India, NABARD and SIDBI
- General Insurance Companies
- Life Insurance Corporations
- Societies and other Local Authorities
Chief Executive and Executives on the Board and other officers of E-8 and above.
Chief Executive and Executives on the Board and other officers of E-7 and above.
Officers in Grade ‘D’ and above.
Managers and above.
Senior Divisional Managers and above.
Officers drawing salary of Rs. 8700/- p.m. and above on Central Government D.A. pattern, at on the date of the notification and as may be revised from time to time.
[No. 418/2/2004-A.V.D.IV]
P. K. TRIPATHI, Jt. Secy.