PSUs

Contrary to PSEB’s view, Ministry pursues a CMD’s case

By IndianMandarins- 22 Mar 2023
1874

contrary-to-pseb-s-view-ministry-pursues-a-cmd-s-case

New Delhi (22.03.2023): Power corridors are abuzz that a CMD heading a ‘Schedule A’ state-owned company (CPSE) is keen to become CMD of another ‘Schedule A’ PSU under the same ministry but rules do not permit him even to apply. But some way out has been sought to accommodate him.
If some well-placed sources are to be believed the selection board (PESB) is of the view that it infringes the clause of ‘Job hopping’ while the ministry finds and wants to make it the fit case. Reportedly, the administrative ministry of the PSU has moved papers to the higher offices allowing the name of the CMD to be shortlisted for the post.

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