Indianmandarins has reliably learnt that with the final decision taken over the 'turnover' issue of state PSUs and private sector companies, the  PESB has overcome the roadblock and it may soon start advertising several dozens of board-level posts which are either lying vacant or set to fall vacant in Central PSUs. In terms of advertisement of board-level posts in CPSEs, there has been a lull since 12 July 2016 after the post of MD in Bengal Chemicals & Pharmaceutical Ltd (BPCL) was advertised. In fact, the PESB had been waiting for firm modalities to comply with its June 10, 2016, notification which has opened the doors for Pvt Sector executives and State PSU executives for Board level positions in CPSEs. Since the rank of Additional Secretary is one of the basic criteria to apply for CMD of a Schedule-A CPSE, it had to be decided what parameters and benchmark should be fixed for executives from Pvt Sector Companies, e.g. for Schedule-A category CPSE, a Pvt Company should be judged in terms of a certain value of Net Profit, Networth, Net Annual TurnOver, etc. Since the modalities are said to have been finalized and duly approved by DPE & ACC, the PESB may start advertising the board level posts in PSUs.