
 Union of India - Act
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 The Damodar Valley Corporation (Appointment of Financial Adviser) Rules 2005
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 UNION OF INDIA
   
 India
 
 The Damodar Valley Corporation (Appointment of Financial Adviser) Rules 2005
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 Rule THE-DAMODAR-VALLEY-CORPORATION-APPOINTMENT-OF-FINANCIAL-ADVISER-RULES-2005 of 2005
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* Published on 3 August 2005
* Commenced on 3 August 2005
 The Damodar Valley Corporation (Appointment of Financial Adviser) Rules 2005
 
 Published vide Notification No. G.S.R. 518(E) , dated 3rd August, 2005
 
 Ministry of Power
 
 G.S.R. 518(E) . - In exercise of the powers conferred by Section-7, sub section-(a) of the Damodar Valley Corporation Act 1948 XIV of 1948 the Central Government hereby makes the following rules regulating the appointment of Financial Advisor (FA), Damodar Valley Corporation (DVC), a Corporation under the Ministry of Power, namely:-
 
### 1. Short title and commencement.
(1) These rules may be called the Damodar Valley Corporation (Appointment of Financial Adviser) Rules 2005.
 
(2) They shall come into force on the date of their publication in the Official Gazette.
 
### 2. Number of post, classification and scale of pay.
 - The number of post, its classification and the scale of pay attached thereto shall be as specified in columns 2 to 4 of the Schedule annexed to these rules.
 
### 3. Method of recruitment, age, qualification etc.
 - The method of recruitment to the said post, age limit, qualification and other matters relating thereto shall be as specified in columns 5 to 14 of the said Schedule aforesaid.
 
### 4. Disqualification.
 - No person shall be eligible for appointment to the said post:
 
(a) Who has entered into or contracted a marriage with a person having a spouse living; or
 
(b) Who having a spouse living, has entered into or contracted a marriage with any person,
 
 Provided that the Central Government may, if satisfied that such marriage is permissible under the personal law applicable to such person and the other party to the marriage and that there are other grounds for so doing, exempt any person from the operation of this rule.
 
### 5. The conditions of service for which the provisions have not been made in these rules, including entitlement of leave salary, leave travel concession traveling allowances, medical facilities, shall be such as are admissible to a Group 'A' officer of the corresponding status in the Central Government.
 
### 6. Power to relax.
 - Where the Central Government is of the opinion that it is necessary or expedient so to do, it may, by order, for reasons to be recorded in writing, relax any of the provisions of these rules with respect to any class or category of persons.
 
### 7. Savings.
 - Nothing in these rules shall affect reservations, relaxation of age limit and other concessions required to be provided for the Schedule Castes, the Scheduled Tribes and other special categories of persons in accordance with the orders issued by the Central Government from time to time in this regard.
 
 Schedule
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|  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
| 
 Name of the post
  | 
 No. of post
  | 
 Classification
  | 
 Scale of pay
  | 
 Whether Selection or Non-selection Post
  | 
 Whether benefit of added years of service
 
 Admissible Under Rule 30 of the Central Civil Service (Pension) |
| 
 (1) | 
 (2) | 
 (3) | 
 (4) | 
 (5) | 
 (6) |
| 
 Financial Adviser
  | 
 1 (one) | 
 Group A
  | 
 Rs. 18,400 – 22,400
  | 
 Selection
  | 
 Not applicable
  |
| 
 | 
 | 
 | 
 | 
 | 
 |
| 
 Age limit for direct recruits
  | 
 Educational and other qualification required for
 
 direct recruit
  | 
 Whether age and education qualification prescribed
 
 for direct recruits will apply in the case of promotee
  | 
 Period of probation, if any
  | 
 Method of recruitment
 
 whether by direct recruitment or by promotion or by deputation
 
 or transfer and percentage of the vacancies to be filled by
 
 various methods
  |
| 
 (7) | 
 (8) | 
 (9) | 
 (10) | 
 (11) |
| 
 Not applicable
  | 
 Not applicable
  | 
 Not applicable
  | 
 Not applicable
  | 
 By deputation
  |
| 
 | 
 | 
 | 
 | 
 |
| 
 In case of recruitment by promotion or deputation
 
 or transfer, grades from which Promotion or deputation or
 
 transfer to be made
  | 
 If Departmental Promotion Committee exists, what
 
 is composition
  | 
 Circumstances in which Union Public Service
 
 Commission is to be consulted in making recruitment
  |
| 
 (12) | 
 (13) | 
 (14) |
| 
 Deputation –The Officers of Central or State Government holding a post not
 
 below the Rank of Director to the Government of India.Desirable
 
 –Experience in
 
 administrative financial and budgetary matters.Period
 
 of deputation –The
 
 term of office of Financial Adviser shall be five years from the
 
 date on which he joins the post in Damodar Valley Corporation.
  | 
 Search-cum-Selection
 
 Committee
  | 
 Consultation with Union Public Service Commission
 
 not required
  |
| 
 (i)  Secretary,
 
 Ministry of Power(ii)  Chairman, Damodar Valley Corp.(iii)
 
 Chairman, Central Electricity(iv)  Representatives of Deptt.
 
 of Public Enterprises (not below the rank of Addl. Secy)(v) Representative of Department of Expenditure (not below the rank
 
 of Additional Secretary
  | 
 -Chairman-Member-Member-Member-Member
  |
| 
 | 
 | 
 |

