By the Way

Snafu in PSUs

img-dec2015-29Public Sector Undertakings (PSUs) are crucial for any government but it’s very difficult to understand their complete network and they are dealt with by related domain ministries. The Modi government has a massive restructuring and disinvestment plan for PSUs. Approximately 50 of them can sustain themselves, the rest are like the burden on Atlas’ shoulders. But the government is cautious regarding those PSUs that need a Chairman and Managing Director (CMD). It appears there is a crisis of competent and worthy people to appoint. The National Mineral Development Corporation, the Steel Authority of India and NTPC are examples of important PSUs which are headless. These are massive PSUs with budgets equalling the national budgets of some of the tiny European countries. Functioning without a head or led by an officer with additional charge affects the performance of the organisation. Major policy decisions are not being taken. And this impact travels down the line in the organisation. Though CMDs for NMDC and SAIL have been selected by the PESB, their files are awaiting approval for months. Nothing can be done to speed it up. The PM cannot be directly approached for this. Sorry status quo.

VOL. 9, ISSUE 9 | DEC, 2015

Click to comment

You must be logged in to post a comment Login

Leave a Reply

To Top
Latest Articles
close slider

Lastest Articles

 
From the Editor : Anil Tyagi
 
Eyes Wide Shut : A unique initiative
 
Police Reforms : Crime and Politics
 
Police Reforms : Fear remains the key
 
Police Reforms : Sensitising the police
 
Governance : Railways – Sarkar or Vyapar ?
 
Governance : AFSPA – A law that needs to go
 
Governance : A case of an FIR and an award
 
Governance : Development Agenda for New India 2022
 
Governance : Time to cash in
 
Governance : Too much noise
 
Corruption : FROM RAJ TO RAFALE – 1 : Clive of Corruption
 
Bric a brac : Amit Shah takes centrestage
 
Bric a brac : Arrogant ministers and the media
 
Bric a brac : AICC faces space constraint
 
Bric a brac : Now, Made in Gujarat
 
By the way : Rockstar Amitabh
 
By the way : J&K Police needs a DG
 
By the way : Roaring Khandelwal
 
By the way : Super Chief Minister!