42 CPSEs functioning without a regular chairman, MD: Govt

Image
Press Trust of India New Delhi
Last Updated : Apr 11 2017 | 4:42 PM IST
As many as 42 central public sector enterprises in the country are at present functioning without a regular chairman or managing director or CMD.
Some of the firms having vacant board level posts include Andrew Yule & Company, Bharat Coking Coal, Cotton Corporation of India, HLL Lifecare Ltd, ITI Ltd, HMT, India Tourism and Development Corporation, Rashtriya Chemicals and Fertilisers, Eastern Coalfields Limited, NMDC and Hindustan Cables.
"There are 42 central public sector enterprises (CPSEs) which presently do not have a regular Managing Director/ Chairman and Managing Director/Chairman," Minister of State in the Department of Heavy Industries and Public Enterprises Babul Supriyo said in a written reply to the Lok Sabha today.
"The filling up of Board level posts in CPSEs is a continuous process and these 42 vacant posts would get filled in due course after completion of necessary formalities," the minister said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Apr 11 2017 | 4:42 PM IST

Next Story