Government eye on IAS-IPS, IFS officers, sought details of private investment

The Center has asked All India Service officers to provide information if their total transactions in the stock market, shares, or other investments exceed six months' basic pay. The Central Government has issued instructions to the officers of All India Services to provide information to the DoPT. This order will be applicable to all the officers of All India Services working in various states apart from the Centre.

According to the information, DoPT Secretary Ramlakhan has issued instructions to the Chief Secretaries of all the states in this regard. Along with this, a form has also been sent to provide information in this regard. This information will be given under section 16(4) of the All India Services (Conduct) Rules, 1968. This information will be different from the information given by the officers every year regarding their movable and immovable property. It is worth noting that on behalf of the Center, the officers of the All India Service have to send information regarding their movable and immovable property to the DoPT every year.

As per the instructions, if the officers of All India Services IAS, IPS, and IFS invest in shares, securities, debentures, or otherwise, they will have to give information in this regard to DoPT. It has been clarified in the instructions that if the officer invests an amount equal to about six months of his basic salary in a year, then he will have to provide information about it in the prescribed form.

In sub-rule (1) of rule-16 of the All India Services (Conduct) Rules, 1968, issued by the Centre, it has been clarified that any kind of investment in shares, securities, and other investments shall be included in the movable property of the personnel.