REGISTERED No. D. 281 रजिस्ट्री सं ० डी० 221
भारत को राजपत्र The Gazette of Judia
प्रसावारण
EXTRAORDINARY
भाग II-खण्ड 3-उपखण्ड ( ii )
PART II- Section 3-Sub - section ( ii)
प्राधिकार से प्रकाशित
PUBLISHED BY AUTHORITY
सं० 306]
नई दिल्ली, बुधवार, सितम्बर 3 , 1969/ भात्र 12, 1891
No. 306 ] NEW DELHI, WEDNESDAY , SEPTEMBER 3 , 1969 / BHADRA 12 , 1891
इस भाग में भिन्न पृष्ठ संख्या दी जाती है जिससे कि यह अलग संकलन के रूप में रखा जा सके ।
Separate paging is given to this Part in order that it may be filled as a separate compilation .
CABINET SECRETARIAT
(Department of Cabinet Affairs )
NOTIFICATION
New Delhi , the 3rd September 1969
S.O. 3624.- In exercise of the powers conferred by clause ( 3 ) of article 77 of the Constitution, the President hereby mamakes the following rules further to amend the Government of India (Allocation of Business ) Rulos , 1961 , namely : -
1. Short title and commencement .- ( 1 ) These rules may be called the Govern- ment of India (Allocation of Business ) ( Seventy- fourth Amendment ) Rules , 1969 .
( 2) They shall come into force at once .
2. In the Government of India ( Allocation of Business ) Rules , 1961.- (a) in the First Schedule , for entry 4 , the following entry shall be substituted , namely : -
"4. Ministry of Finance:
(1 ) Department of Banking .
( ii) Department of Economic Affairs .
( iii) Department of Expenditure .
(iv) Department of Revenue and Insurance. " ;
( 1225 )
[PART B- THE GAZETTE OF INDIA EXTRAORDINARY
1226
(b) in the Second Schedule , under the heading " Ministry of Finance "- (i) for the sub -heading " A. Department of Economic Affairs " and the entries thereunder , the following sub- headings and entries shall be substituted , namely : -
"A. Department of Banking
1 All Indian Banks , whether nationalised or not .
2. All foreign banks so far as their operations in India are concerned .
3. All matters relating to the Reserve Bank of India , except those which Affairs Department . remain directlytly the concern of the Economic Aff
4. All matters relating to Co - operative Banking which are the concern of the Ministry of Finance .
5. All long - term financial institutions excluding the Life Insurance Corpora- tion and the Unit Trust of India .
6. Chit Funds and other non -banking Companies accepting deposits .
7. Other matters relating to banking in India.
8. Administration of all Statutes , Regulations and other laws connected with items 1 to 7 above .
B. Department of Economic Affairs
I. Exchange Control
1. Administration of the Foreign Exchange Regulations Act , other than en- forcement work mentioned under the Department of Revenue and Insurance .
2. Foreign exchange budgeting .
3. Control of the foreign exchange resources including scrutiny of proposals for imports from the foreign exchange point of view ,
4. Foreign investment .
5. Import and export of gold and silver .
II . Foreign Aid for Economic Development
6. Technical and economic assistance received by India under-
(a) The Technical Co- operation Scheme of the Colombo Plan .
(b) The United States Point Four Programme .
(c) The United Nations ' Technical Assistance Administration Programme .
(d) Ad hoc offers of Technical Assistance from various foreign countries .
7. Technical assistance given by India to the Member countries of the Colombo Plan under Technical Co- operation Scheme of the Colombo Plan .
8. All matters relating to the Meetings of Colombo Plan Council and the Consultative Committee of the Plan and-
(1 ) U. S. Technical Co - operation Mission.
( 11) U. S. Development Loan Fund .
( iii) Colombo Plan .
( iv) Norwegian Aid.
(v) Ford Foundation and Rockefeller Foundation .
(vi) Loans and Credit from foreign countries .
(vii) Loans and credit from IBRD and IMF , Export - Import Banks , etc.
III . Internal Finance
9. Currency and Coinage , that is to say , questions relating to-
(a) the Security Press and the Mints including the Assay Department and Silver Refinery Project :
(b) coinage; and
(c) Note issue .
10. Functions of the Treasurer of Charitable Endowments for India .
11. Investment Policy .
THE GAZETTE OF INDIA EXTRAORDINARY
SEC. 3 ( i ) ]
1227
IV . Economic Advice
12. Preparation of briefs and submission of material on financial and economic questions relating to India's participation in the United Nations and Allied Organisations ( as for example , Economic and Social Council, Economic Commission for Asia and Far East , etc. ) .
V. Budget
13. Ways and Means .
14. Preparation of Central Budget , other than Railways Budget , including Supplementary, Excess Grants .
15. Borrowing and Floatation of Market loans by the Central and State Governments.
16. Borrowing of Public Bodies such as Corporations , Municipalities , etc. 17. Administration of the Public Debt Act.
18. Administration of the Central Treasury Rules .
19. Fixation of Interest rates , including Borrowing Rates , Productivity Test Rates , etc.
20. Accounting and Audit procedures including classification of transactions .
21. Financial matters relating to partition , Federal Financial Integration and Reorganisation of States .
22. Administration of the Contingency Fund of India Rules .
23. Treasury bills including ad hocs to replenish the Central balances .
24. Sterling pensions- Transfer of responsibility to U.K. Government and actuarial calculation of the liability involved .
25. Conspectus of Central and State Government Budgets .
26. Finance Commission .
27. Taxation Enquiry Commission .
28. Grants to the Indian Institute of Public Administration .
29. Small Savings , including the administration of the National Savings Organisations .
VI. Stock exchanges
30. Administration of Securities Contracts (Regulation) Act , 1956 .
31. Regulation of Stock Exchanges .
VII . Stock Issues
32. Control over the Issues of Capital by Joint Stock Companies .
VIII . Liaison with Reserve Bank
33. Direct liaison with the Reserve Bank of India on all matters covered by the entries in items I to VII above. " ;
(ii) for the sub -heading "B. Department of Expenditure " the following sub- heading shall be substituted , namely :-
"C. Department of Expenditure" ; and
( fil ) for the sub - heading " C. Department of Revenue & Insurance" the following sub -heading shall be substituted , namely:
"D. Department of Revenue and Insurance" .
V. V. GIRI , President .
[No. 74 / 7 / CF -69- ) J. S. MONGIA , Jt . Secy
PRINTED BY THE GENERAL MANAGER , GOVERNMENT OF INDIA PRESS , MINTO ROAD , NEW DELHI AND PUBLISHED HY THE MANAGER OF PUBLICATIONS , DELHI , 1969