Member (Fin): Rationale for DVC notification

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 DCV, Member Finance, PESB, DOPT
After GoI’s gazette notification dt. 10.06.2016 (Web-link below), the post of Member (Finance), Damodar Valley Corporation (DVC) has been the first to be advertise on Saturday for filling a vacancy under the new guidelines. However, the post of Member-Finance has been advertised without making provisions for candidates belonging to the Pvt. Sector and state PSEs.
Since DVC is not a CPSE but a statutory body constituted through an act of Parliament, the Central govt. has to make a prior notification before starting the selection process. For instance, in 2013, the Ministry of Power notified through a Gazette notification for the selection of the board-level officials. Therefore, in the present case of selection of Member-Finance, the earlier panel of PESB for the post and a new advertisement issued.
 Web-link: 24 August 2016

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