Implementation of Reservation in Public Sector Banks

Implementation of Reservation in Public Sector Banks

Reservation for SC, ST, OBC in the posts and services in Public Sector Undertakings (PSUs), Financial Institutions including the Public Sector Banks

Provisions Relating to Reservations

The instructions issued by Government on India under Article 16 (4) and 16 (4A) of the Constitution are, mutatis mutandis, followed by the Public Sector Undertakings (PSUs), Financial Institutions including the Public Sector Banks under the Central Government. Implementation of the reservation provisions are insisted upon as a pre-condition to receive grants-in-aid by the voluntary organizations, autonomous bodies/institutions etc. where:-

Also check: Dopt Orders on Reservation

(a) the recipient body employs more than 20 persons on a regular basis and at least 50% of its recurring expenditure is met from grants-in-aid from Central Government; and

(b) the body is registered society of a cooperative institution and is in receipt of a general purpose annual grants-in-aid of Rs. 2 lakhs and above from the Consolidated Fund of India.

Also see: Reservation Policy in Central Government Services

Ministries/Departments have been directed to include suitable clause in the terms and conditions under which voluntary agencies/organizations etc. are given grants-in-aid by the Government for reservation for SCs/STs/OBCs in the posts and services under such organisations or agencies. It has further being provided that while sanctioning further grants, the progress made in employing SCs/STs/OBCs should be kept in view.

This information was provided by the Union Minister of State (Independent Charge) Development of North-Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr Jitendra Singh in written reply to a question in Lok Sabha today.

Source: PIB

Reservation in Banking Sector News 2020