Restriction in conduct rules on investments by employees
GOVERNMENT OF INDIA MINISTRY OF PERSONNEL,PUBLIC GRIEVANCES AND PENSIONS RAJYA SABHA UNSTARRED QUESTION NO-1223 ANSWERED ON-28.12.2017 Restriction in conduct rules on investments by employees 1223 . Shri Narayan Lal Panchariya (a) whether there are any restrictions under relevant conduct rules on investments by Central Government employees in stock market/financial market instruments; (b) if so, the details thereof and the reasons therefor; (c) whether Government is considering any proposal for giving greater freedom to Central Government employees to invest in such instruments; and (d) if so, the details thereof? ANSWER MINISTER OF STATE IN THE MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS AND MINISTER OF STATE IN THE PRIME MINISTER’S OFFICE (DR. JITENDRA SINGH) (a) & (b): Yes Sir. Rule 16 of the Central Civil Services (Conduct) Rules, 1964, is relevant for investment by Central Government employees in stock/ financial market instruments. The provisions of Rule 16 are repr...