The Public Administration Ministry can allow government employees to invest in the stock market of the country. The Government Servants (Conduct) Rules, 1979 Act which is returned after scrutiny. Subject to the approval of the concerned authorities, government employees can buy and sell primary shares or bonds of any company registered in the stock market. However, according to the draft law, they cannot engage in such activities during office.

It is also learned that for the past six years, the government has been trying to amend the existing Government Servants (Conduct) Rules, 1979, but now it is at the final stage. In this context, the stock market expert Professor Abu Ahmed said that government officials and employees can invest in the stock market without any obstacles. There is no prohibition in law. Anyone trying to spread confusion about this should be strictly resisted. He said that it is better for government officials and employees to invest in the stock market. Because if not, where will they take their savings? If teachers of government universities or educational institutions can invest, then where is the obstacle for other government officials?

Recently, this initiative has gained momentum. In this context, a government official told Business Mirror that the law does not prohibit government officials and employees from investing in the stock market. However, the Government Servants (Conduct) Rules, 1979 state that investment cannot be made in ‘speculative’ markets. Those who do not have investments in the stock market in this trend try to discourage others.
(Source: Ministry of Public Administration)