DAMODAR VALLEY CORPORATION (SALARIES, ALLOWANCES AND OTHER CONDITIONS OF SERVICE OF THE CHAIRMAN, MEMBERS AND MEMBER-SECRETARY OF THE CORPORATION) (AMENDMENT) RULES, 2020
PREAMBLE
In exercise of the powers conferred by sections 5, 6 and sub-section (1) of section 59 of the Damodar Valley Corporation Act, 1948, the Central Government hereby makes the following rules to amend the Damodar Valley Corporation (salaries, allowances and other conditions of service of the Chairman, Members and Member-Secretary of the Corporation) Rules, 2013, namely:-
Rule 1 - Short title and commencement
(1) These rules may be called the Damodar Valley Corporation (salaries, allowances and other conditions of service of the Chairman, Members and Member-Secretary of the Corporation) (Amendment) Rules, 2020.
(2) They shall come into force on the date of their publication in the Official Gazette.
Rule 2 - RULE 2
In the Damodar Valley Corporation (salaries, allowances and other conditions of service of the Chairman, Members and Member-Secretary of the Corporation) Rules, 2013 (hereinafter referred to as the said rules), for rule 3, the following rule shall be substituted, namely:-
"3. Method of recruitment:- The posts of Chairman, Member-Secretary, Member (Finance) and Member (Technical) of the Damodar Valley Corporation shall be filled on deputation basis through a Search-cum-Selection Committee duly constituted in consultation with the concerned State Governments. The composition of Search-cum-Selection Committee shall be as under:
(1) Cabinet Secretary - Chairperson;
(2) Secretary (Power) - Member;
(3) One Expert Member in the field of power sector to be nominated by the Ministry of Power, Government of India;
(4) Representative of the State Government of West Bengal (Secretary level or equivalent) - Member;
(5) Representative of the State Government of Jharkhand (Secretary level or equivalent) - Member.".
Rule 3 - RULE 3
in the said rules, for rule 4, the following rule shall be substituted, namely:-
"4. Salaries:-The Chairman shall be paid a salary in the scale of rupees 2,00,000-3,70,000 on Industrial Dearness Allowance, Members and Member-Secretary shall be paid a salary in the scale of rupees 1,80,000 - 3,40,000 on Industrial Dearness Allowance.".
Rule 4 - RULE 4
in the said rules, in rule 6, for sub-rule (2), the following rule shall be substituted, namely:-
"(2) Qualification and Experience: -
(i) Chairman:-
(a) Government Officers holding post in the level-15 (Rs. 182200-224100/-) in the pay matrix or officers in equivalent level in the pay matrix, or
(b) Central Public Sector Executive holding post in the scale of rupees 1,50,000-3,00,000 with Industrial Dearness Allowance or level-15 (Rs. 182200-224100/-) in the pay matrix with Central Dearness Allowance with two years of service, or
(c) Officers of Damodar Valley Corporation holding post in level-15 (Rs. 182200-224100/-) in the pay matrix with one year of service.
Note: The officer having experience in Power Sector, Management and Finance with qualification of Master of Business Administration is desirable.
(ii) Member:-
(a) Government Officers holding post in level-14 (Rs. 144200-218200/-) in the pay matrix in the Government of India or officers in equivalent level in the pay matrix; or
(b) Central Public Sector Executive holding post in the scale of rupees 1,20,000-2,80,000 with Industrial Dearness Allowance or level-14 (Rs. 144200-218200/-) in the pay matrix with Central Dearness Allowance with two years of service; or
(c) Officers of Damodar Valley Corporation holding post in level-14 (Rs. 144200-218200/-) in the pay matrix with one year of service.
(d) Member (Technical): - The applicant shall be a graduate in Engineering preferably in Electrical or Mechanical from a recognised University or Institution having experience of working in irrigation, water supply and power generation.
(e) Member (Finance):- The applicant shall be a Cost Accountant or Chartered Accountant or Master of Business Administration with specialisation in Finance from a recognised University or Institution having experience of working at a senior level in Corporate Financial Management and Accounts including costs and Budgetary Control, Institutional Finance, Working Capital Management in an organisation of repute.
(iii) Member-Secretary:-
(a) Government officers holding post in level-14 (Rs. 144200-218200/-) in the pay matrix in the Government of India or officers in equivalent level in the pay matrix, or
(b) Central Public Sector Executive holding post in the scale of rupees 1,20,000-2,80,000 with Industrial Dearness Allowance or level-14 (Rs. 144200-218200/-) in the pay matrix with Central Dearness Allowance with two years of service, or
(c) Officers of Damodar Valley Corporation holding post in level-14 (Rs. 144200-218200/-) in the pay matrix with one year of service.
(d) The applicant shall be a post graduate, preferably with specialisation in Human Resources (HR) or Industrial Relation (IR). The applicant should have knowledge of Behavioral Science, Organization Structural, Material Management and knowledge of the Financial Planning and its control as well as general administration. He should also have experience of working at a senior level in a large organization.".
