The incumbent CMD of Engineering Projects India Limited (EPIL), S P S Bakshi, may create a record of sort by holding the post of a CPSE Chief for a decade.
The ACC has cleared the proposal of the Department of Heavy Industries recommending Bakshi's extension beyond 04 May 2014. Bakshi completed five years tenure as CMD at a time when PSU chiefs, having substantial time as residual service, had nightmares.
Bakshi completed five years tenure as CMD when Modi Govt came to power at the Centre with a thumping majority. Keeping in view the denial of extension of service for NTPC & SAIL CMDs, the extension given to Bakshi is being seen as a reward from the Govt.
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Bakshi gets mandate to complete almost 10 yrs as CMD
By IndianMandarins - 2016-05-18 00:16:04
The incumbent CMD of Engineering Projects India Limited (EPIL), S P S Bakshi, may create a record of sort by holding the post of a CPSE Chief for a decade.
The ACC has cleared the proposal of the Department of Heavy Industries recommending Bakshi's extension beyond 04 May 2014. Bakshi completed five years tenure as CMD at a time when PSU chiefs, having substantial time as residual service, had nightmares.
Bakshi completed five years tenure as CMD when Modi Govt came to power at the Centre with a thumping majority. Keeping in view the denial of extension of service for NTPC & SAIL CMDs, the extension given to Bakshi is being seen as a reward from the Govt.
