The ACC is believed to have defined annual turnover for selection of candidates from state PSEs and Pvt sector companies in the category of non-internal candidates for appointments to Board level posts in CPSEs of different categories. DOPT had sent the proposal to ACC on December 07, 2016.
The average audited annual turnover of three financial years preceding the calendar year in which the post is advertised shall be considered for applying the approved limits. Accordingly, for Schedule 'A' Maharatna CPSEs, the limit would be Rs 10,000 Cr or above, for Navratna it would be Rs 5,000 Cr or above, whereas for Miniratna and Others it would be Rs 2,000 Cr and Rs 1500 Cr respectively.
For Schedule B Miniratna and Other CPSEs, the limit would be Rs 1,000 Cr and Rs 750 Cr respectively. Similarly, for Schedule-C and Schedule-D CPSEs, the annual turnover limits would be Rs 500 Cr and Rs 250 Cr.
In the absence of revision of annual turnover limits, there was a lull in terms of advertisements of board level posts in CPSEs after 12 July 2016. Now it is expected that the PESB websites would be flooded with advertisements of board level posts in CPSEs with doors opened for candidates from state PSEs and private sector companies.
Web-link: 08 February 2017
End of the roadblock; PESB set to open bord-level vacancies
http://www.indianmandarins.com/end-of-the-roadblock-pesb-set-to-open-bord-level-vacancies/