Business Standard

Sunday, December 22, 2024 | 12:33 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Inquiry on retired officers connected with mines allotment

Parliamentary panel says joining private sector after retirement in violation of laws

Press Trust of India New Delhi
 A Parliamentary panel has asked the government to conduct an inquiry into the matter of some officers of the Coal Ministry and PSUs, who were directly or indirectly connected with mines allotment, joining private sector after retirement in violation of norms.

Officers of the Coal Ministry and public sector units, who were connected with the allotment of coal blocks, joining the private mining companies after retirement raises serious doubts over their being impartial when they were associated with the process of allotment of coal blocks, it said.

The Standing Committee on Coal and Steel also wanted the Ministry of Coal to immediately conduct an inquiry into the matter.
 

It also wanted the Coal Ministry to furnish details of officers in the Ministry, Coal India Ltd (CIL) and its subsidiaries, who joined private companies against the guidelines set for the purpose.
The committee in its report  further said the Department of Public Enterprises had issued guidelines whereby director-level officers of coal companies are required to intimate or take permission from the government regarding employment after retirement or voluntary retirement scheme.

The panel said that the board level officials of PSUs are also required to seek permission from the respective companies to join the private sector after retirement.

The committee said that it is "surprised to note from the reply of the Ministry of Coal that no such record (pertaining to officers of the Coal Ministry, CIL and its subsidiaries who have joined private companies against the guidelines set for the purpose) have been maintained as most of the officers do not go on retirement from this Ministry but only are repatriate to their respective cadre".

The panel further said that it would like the Coal Ministry to obtain record of all such officers who after their retirement have joined private companies, especially those who were allocated coal blocks.

"As regards the recommendation of the Ministry of Coal to the Department of Public Enterprises to review the time limit of the cooling off period from the existing one year to at least 2 years, the Committee desire that the matter may again be pursued with the Department of Public Enterprises and the Committee be apprised of the same."

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 07 2014 | 5:21 PM IST

Explore News