"The posts of Chief Executives are presently vacant in 29 CPSEs. These PSUs include MMTC, BHEL Electric Machines Ltd, National Fertilisers Ltd, NHPC and Pawan Hans Helicopters Ltd," Minister of Heavy Industries and and Public Enterprises Praful Patel said in a written reply to the Lok Sabha.
The main reasons for vacant board level posts in CPSEs include occurrence of unforeseen vacancies which arose due to resignation/death/vertical shift of incumbent, non-extension of tenure of incumbent and scrapping of panel recommended by the competent authority and creation of new board level posts, he added.
"The filling up of board level posts in CPSEs is a continuous process and these vacant posts would get filled on a regular basis once the incumbent takes charge of the post after completion of all formalities in this regard," Patel said.
The vacant board level posts are being manned by assigning additional charge arrangements so that regular functioning of these PSUs is not affected.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)