PSUs

ongc:-aggarwal-appointed-as-govt-nominee-director

ONGC: Aggarwal appointed as Govt Nominee Director

Rajesh Aggarwal (IAS:1989:MH) has been appointed as Government Nominee Director of ONGC (w.e.f. 24.03.2020); a Maharatna PSU under the Ministry of Petroleum & Natural Gas. Aggarwal had recently replaced Rajiv Bansal (IAS:1988:NL) as who is currently serving as Additional Secretary & FA in MoPNG. The information was also shared by the Oil PSU in a regulatory filing to the stock exchange on Wednesday.

27 Mar 2020
iocl:-kothari-appointed-as-government-nominee-director

IOCL: Kothari appointed as Government Nominee Director

Dr Navneet Mohan Kothari (IAS:2001:MP) has been appointed as Government Nominee Director of Indian Oil Corporation Limited (w.e.f. 25.03.2020); a Maharatna PSU under the Ministry of Petroleum & Natural Gas (MoPNG). He had recently replaced Ashish Chatterjee (IAS:1999:TN) as Joint Secretary, MoPNG.

27 Mar 2020
ongc:-aggarwal-appointed-as-govt-nominee-director

ONGC: Aggarwal appointed as Govt Nominee Director

By IndianMandarins 27 Mar 2020

Rajesh Aggarwal (IAS:1989:MH) has been appointed as Government Nominee Director of ONGC (w.e.f. 24.03.2020); a Maharatna PSU under the Ministry of Petroleum & Natural Gas. Aggarwal had recently replaced Rajiv Bansal (IAS:1988:NL) as who is currently serving as Additional Secretary & FA in MoPNG. The information was also shared by the Oil PSU in a regulatory filing to the stock exchange on Wednesday.

iocl:-kothari-appointed-as-government-nominee-director

IOCL: Kothari appointed as Government Nominee Director

By IndianMandarins 27 Mar 2020

Dr Navneet Mohan Kothari (IAS:2001:MP) has been appointed as Government Nominee Director of Indian Oil Corporation Limited (w.e.f. 25.03.2020); a Maharatna PSU under the Ministry of Petroleum & Natural Gas (MoPNG). He had recently replaced Ashish Chatterjee (IAS:1999:TN) as Joint Secretary, MoPNG.

mrs-esha-appointed-as-government-nominee-director-on-gail’s-board

Mrs Esha appointed as Government Nominee Director on GAIL’s Board

By IndianMandarins 26 Mar 2020

Mrs Esha Srivastava, a 2004 batch Indian Foreign Service officer, was on Thursday appointed as a Government Nominee Director on the Board of Directors of Gas Authority of India Limited (GAIL), a Maharatna PSU under the Ministry of Petroleum & Natural Gas (MoPNG). Presently, she is Director (International Cooperation), MoPNG.

coal-india-comes-out-with-its-own-hand-senitiser

Coal India comes out with its own hand senitiser

By IndianMandarins 26 Mar 2020

In the wake of coronavirus (COVID-19) outbreak, hand sanitisers have become an important tool to control the spread of deadly virus. Significantly, Regional Institute-2, Dhanbad of Central Mine Planning & Design Institute Limited (CMPDIL), a fully owned subsidiary of Coal India Limited (CIL), has made its own alcohol-based hand sanitiser in its lab and distributed it to employees and visitors to prevent the spread of COVID-19. This sanitiser is based on a WHO recommended formula. When challenges crop up, CIL never lets the people down.

ntpc-flexes-muscle,-augments-capacity:-a-glance-

NTPC flexes muscle, augments capacity: A glance

By IndianMandarins 26 Mar 2020

India’s largest power company, NTPC ( National Thermal Power Corporation Limited)  on Wednesday announced the increase of its total installed capacity to 58,816 MW with the commissioning of the second unit of 660 MW at Khargone Super Thermal Power Project in Madhya Pradesh.

The present installed capacity of NTPC group comprises 55 NTPC stations which include 24 coal-based, seven combined cycle gas and liquid fuel, two hydro, one Wind, 11 solar PV projects and ten joint venture stations. The capacity will have a diversified fuel mix and by 2032, non-fossil fuel-based generation capacity shall make up nearly 30 percent of NTPC’s portfolio.

NTPC has been operating its plants at high-efficiency levels. Although the company has 15.56 percent of the total national capacity, it contributes 22.74 percent of total power generation due to its focus on high efficiency.

NTPC Limited is an Indian public sector undertaking engaged in the business of generation of electricity and allied activities. It is India’s largest energy conglomerate with roots planted way back in 1975 to accelerate power development in India. It is a company incorporated under the Companies Act 1956 and is promoted by the government of India.

pangariha-holds-bureaucracy-responsible-for-slow-reform

Pangariha holds bureaucracy responsible for slow reform

By IndianMandarins 26 Mar 2020

In his latest book, former vice chairman of government think tank NITI Aayog Arvind Panagariya delves about Indian bureaucracy that often sufferfrom a socialist overhang leading it to slow down even in the cases of such reforms that the top leadership seeks to implement.

Panagariya writes in his book that the government attempts to privatize a large number of PSUs remained stalled despite the PM’s push to get cabinet approval for the list of companies drawn up by the NITI Aayog.
However, once the matter went to the DIPAM, it remained stuck there,” Panagariya says in his book — ‘India Unlimited, Reclaiming the Lost Glory’, adding that labour law reforms offered another example of how the bureaucracy blocked efforts of the political executive. 
He feels bureaucracy’s adherence to socialism remains deeply rooted in the education its members receive in Indian universities, where faculty members are often wedded to anti-business and anti-market ideology.The book offers many such examples where anyone finds it difficult to break steel framework of bureaucracy. In another example related to civil services reform. PM took s initiative for lateral entry at the top levels of the bureaucracy but going by available information, a conclusion could be reached upon that bureaucracy slowed down the process to such an extant that it was only at the very end of his term that nine officers could be inducted from outside, sense Panagariya, who is a professor of economics at Columbia University.


pfc-extends-support-to-fight-covid-19-in-rajasthan

PFC extends support to fight COVID-19 in Rajasthan

By IndianMandarins 24 Mar 2020

New Delhi, 24th March, 2020: Power Finance Corporation Ltd (PFC), the leading NBFC in power sector has agreed in principle to provide a financial assistance of Rs. 50,00,000 (Rupees Fifty Lakh only) to Indian Red Cross Society.

Under the CSR Initiative, the financial aid provided by PFC will be used for distribution of Health Masks and Sanitizers, as a part of preventive measures against COVID-19, in the Sate of Rajasthan through Indian Red Cross Society.

PFC stands strongly by the society in these testing times. As a responsible corporate, PFC will work towards implementation of all precautionary measures to deal with the pandemic.

covid-19-crisis:-time-to-give-govt-officials,-civil-servants-and-public-sector-their-due-

COVID-19 Crisis: Time to give govt officials, civil servants and public sector their due

By IndianMandarins 24 Mar 2020

Country’s entire civil society responded generously to PM Modi’s call for Janata Curfew by blowing Conch cells, clapping and cranckling plates to express gratitude and solidarity with the doctors and paramedics serving Coronavirus patients. But is that enough? The PM thanked Air India for its services in bringing Indians stranded in countries affected from Coronavirus.

But the fact of the matter is that the entire government machinery, public sector enterprises, civil servants, government officials across the hierarchy need to be thanked and applauded for relentless service directly or indirectly putting their own lives at risk.

People quite often make careless remarks on government establishments but the country is watching that entire machinery is involved ensuring health services, enforcement agencies ensuring law & order, issuing SOPs, circulating guidelines, executing regulatory mechanism, securing supply of food, fuel, milk, medicine, water, electricity, banking and and what not.

Ministries, departments, municipal bodies are at work round the clock. There are numerous government officials who are working day and night in the service of the nation. For example; a Director level officer in National Pharmaceuticals Pricing Authority suffering auto-immune disease refused his family’s request to abstain from office in the hours of emergency needs. Another IAS officer Nikunja Dhal (1993), Principal Secretary, Health, Govt of Odisha, showed exemplary courage and sense of responsibility when he joined office the very next day he performed the last rites of his father. Lateral entry in Civil Service from corporate sector is appreciated in bureaucracy but it’s not corporate sector which contributes in the hours of crisis the way the government framework does. It does not mean at all that the country does not recognises the service and contribution of private sector in nation building. 

Amid lockdown a long list of service and officials going viral on social media which reads;

  1. Aviation sector: It is Indian Air Force and much maligned Air India that were at the front. But where were private aviation operators. The only private payer that was involved at the last moment was Air Asia.
  2. Security as Airports, government offices and Border posts: Who is screening people at Arrival at airports and at different other places from Parliament to Krishi Bhawan to Air Ports. It is paramilitary forces, state police and other government employees while private sector employees or people having huge package in the IT sector are missing from the scene. They can be found causing ruckus at the air ports obstructing works of these people.
  3. Who is manning isolation centres: Defence services personnels and government health workers and government hospitals are at service. Not private luxury hospitals and they are demanding money to conduct Covid-19 tests up to Rs 5000. It is government doctors and health workers who are serving these patients not private hospital doctors with 6 digit salary.
  4. Now the question is, where is the private sector? Has any big corporate house come forward to pitch in? Has any private sector airline volunteered? Has any private hospital chain deputed doctors? Have they opened quarantine centres? In fact, many private corporates houses are not even allowing people to work from home till the time lockdown happened let alone coming forward to take responsibility of disinfecting at least their areas but waiting for the government to do it! The Central government had to issue directives for establishments and outlets to provide things like sanitizers at entry points.
  5. But people always support private sector and criticise the government establishment which is overburdened everywhere. If a Yes Bank collapses, SBI needs to take care but SBI will be criticised for everything. The police that is enforcing law and order and telling people to stay put at home which should actually be the common sense. So be responsible citizen and support government employees in this critical situation instead of causing more trouble to them.

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