NHAI officials who join private firms within a year of retirement need nod
ROADS & HIGHWAYS

NHAI officials who join private firms within a year of retirement need nod

In a move to check National Highways Authority of India (NHAI) engineers joining private highway builders and consultants sometimes less than a year after retirement giving rise to potential conflict of interest, the highway authority has now made it mandatory for such officials to get prior approval for any commercial employment that they want to take up during the cooling-off period.

Though this norm is applicable for all Central Service Group-A officials, NHAI officials were not covered under this as most of them are not recruited as Group A officials.

Notifying the new norm, the authority said that in order to safeguard interests of the NHAI or government it has been decided to adopt Rule 9 of Central Civil services (Pension) Rules 2021 as it relates to matters of commercial employment after retirement in respect of officers and employees of NHAI.

It specifies that all NHAI employees or ex-employees need to obtain previous sanction from the authority to accept any commercial employment within one year of retirement.

As per the notification, the employees need to submit details of the commercial organisation, type of business of the entity and whether the officer had dealt with the company in the past three years. The employees will also need to give an undertaking that the proposed employment will not involve conflict of interest with policies of NHAI that they have dealt with in the past three years. They will have to submit qualifications for the job in the firm and the nature of the future job.

In a move to check National Highways Authority of India (NHAI) engineers joining private highway builders and consultants sometimes less than a year after retirement giving rise to potential conflict of interest, the highway authority has now made it mandatory for such officials to get prior approval for any commercial employment that they want to take up during the cooling-off period.Though this norm is applicable for all Central Service Group-A officials, NHAI officials were not covered under this as most of them are not recruited as Group A officials.Notifying the new norm, the authority said that in order to safeguard interests of the NHAI or government it has been decided to adopt Rule 9 of Central Civil services (Pension) Rules 2021 as it relates to matters of commercial employment after retirement in respect of officers and employees of NHAI.It specifies that all NHAI employees or ex-employees need to obtain previous sanction from the authority to accept any commercial employment within one year of retirement.As per the notification, the employees need to submit details of the commercial organisation, type of business of the entity and whether the officer had dealt with the company in the past three years. The employees will also need to give an undertaking that the proposed employment will not involve conflict of interest with policies of NHAI that they have dealt with in the past three years. They will have to submit qualifications for the job in the firm and the nature of the future job.

Next Story
Building Material

Trishakti Industries Secures Major Tata Steel Order

Trishakti Industries Limited has secured a significant order from Tata Steel Ltd for the deployment of advanced machinery and skilled manpower at one of the steel major’s flagship project sites.The contract, awarded domestically, involves the hiring of machines along with manpower, with execution set to be completed by 20th September 2025. The initial contract period is 12 months. The total fresh capital expenditure for the project is approximately Rs 1.5 million, while the overall contract value is expected to exceed Rs 5 million inclusive of taxes.This order marks a reinforcement of top-ti..

Next Story
Real Estate

Kalpataru Projects Secures Rs 27.2 Billion in New Orders

Kalpataru Projects International Limited (KPIL), a leading EPC player in the power transmission and distribution (T&D) and civil infrastructure sector, along with its international subsidiaries, has received new orders and notifications for projects worth approximately Rs 27.2 billion.The projects include:Power Transmission & Distribution (T&D) initiatives in India and overseas.Buildings and Factories (B&F) projects in India.Manish Mohnot, MD & CEO of KPIL, said, “We are delighted with the strong ordering momentum in our T&D and B&F businesses. The orders include ..

Next Story
Infrastructure Energy

ACME Solar Secures Rs 38.92 Billion Financing for Barmer Project

ACME Solar Holdings rose 2.05 per cent to Rs 308.50 after its wholly owned subsidiary, ACME Venus Urja, secured long-term project financing of Rs 38.92 billion from the State Bank of India (SBI).The funds will be utilised for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project in Barmer, Rajasthan. The loan repayment is structured over 19 years.The Barmer-based FDRE project is contracted with NHPC at a tariff of Rs 4.64 per unit. It will integrate solar power generation with a Battery Energy Storage System (BESS) to ensure higher reliability and d..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?