Tuesday 18th June 2024

Delay in appointments deters comprehensive progress in PSEs

Apr 28th, 2019 11:52 am | By | Category: SPECIAL NEWS COVERAGE

About more than a dozen Public Sector undertakings are with out regular heads for a span ranging from three months to more than a year, which often leads to delays in critical decisions.

The Public Enterprises Selection Board PESB which is a nodal body for the appointment of top management posts in PSUs usually sends out recommendations at least 4 to 6 months before the positions fall vacant. The delays begin after this, From the here given PSU list many of the posts of CMD’s and MD’s have been advertised also.

“The ministry in question and bodies like the CVC have to take the final decision on the PESB’s recommendations which can be turned down.

An unusual delay in appointment of such key positions causes too much to business activity at a time when the economy is doldrums. Such retards in the public sector undertakings reason its economic activity to battle entirely avoidable challenges of leadership.

List of PSU don’t have regular heads.

Indian Renewable Energy Development Agency Ltd. (IREDA).

Pawanhans Helicopter

Navratna CPSE, NBCC (India) Ltd.,

National Small Industries Corporation (NSIC),
Damodar Valley Corporation (DVC).

Projects & Development India Ltd. (PDIL)

Bridge and Roof Company (India) ltd.

Bengal Chemicals & Pharmaceuticals Limited.

FCI Aravali Gypsum & Minerals India Ltd.

State Trading Corporation of India Limited (STC).

Central Railside Warehouse Company Ltd.

Power Grid Corporation of India Ltd.

Karnataka Antibiotics & Pharmaceuticals Limited (KAPL)

Brahmaputra Valley Fertilizer Corporation Limited (BVFCL).

Engineering Projects (India) Ltd.

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