SCOPE favours a new reform committee for PSUs

DG SCOPE

Dr. U.D. Choubey, Director General of SCOPE, has called for establishing a committee to bring in fresh reforms in the management of public sector enterprises.

Speaking at an international workshop on Governance of State Owned Enterprises (SOEs) held in New Delhi recently, he said there was marked change in perception of corporate governance in the post recession period for State Owned Enterprises (SOEs).

He pointed out that many countries including those from Asian Region have already opted for reforming the ownership/Board structure and strategy for public sector enterprises (PSEs). Therefore, he added, it was time India also reformed its public enterprises for ensuring best practices in corporate governance, board structure, ownership policy and community relations.

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