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CMD post vacant in 25 central PSEs: govt

MMTC, National Fert among those without a head, govt cites resignation, non-confirmation as reason

Read more on:    PSU | MMTC | RITES | NEPA | National Fertilisers | Praful Patel
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As many as 25 central public sector enterprises, including MMTC and National Fertilisers, have vacant posts of chief executives, at present, Parliament was informed today.

"As per available information, currently Chairman and Managing Director/Managing Director are not in position in 25 central public sector enterprises (CPSEs)," Minister of Heavy Industries and Public Enterprises Praful Patel said in a written reply to the Lok Sabha.

These 25 state-owned companies include NEPA, RITES and National Fertilisers Ltd, he added.

The main reasons for vacant board-level posts in CPSEs include occurrence of unforeseen vacancies which arise due to resignation and non-confirmation/non-extension of tenure of incumbent, Patel said.

Besides, he said, decision of the concerned administrative ministry to keep a particular post in abeyance and delay in obtaining vigilance clearance of competent authority are other factors for the vacant posts.

Further, he said, the government has already made additional charge arrangements to fill these posts so that the normal working of concerned CPSEs is not affected.

The government has also recently issued detailed guidelines and prescribed definite time schedule for activities associated with the process of filling up board level posts in CPSEs.

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TCS chief Chandrasekaran takes over as Nasscom Chairman

TCS chief N Chandrasekaran today took over as Nasscom Chairman for 2012-2013, the software industry body.

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