541 board level posts lying vacant in CPSEs -Governance Now

541 board level posts lying vacant in CPSEs

Top posts at companies like MTNL, Oil India, Eastern Coalfields need to be filled up

GN Bureau | May 6, 2016

#MTNL #vacant posts #PSUs #Oil India

More than 500 posts, including those of full-time and part-time directors, are lying vacant in various central public sector enterprises (CPSEs).

Several posts of chairman and managing directors (CMDs) of companies such as MTNL, Hindustan Cables, ITI Ltd, Oil India, Eastern Coalfields, Scooters India, Hindustan Paper Corporation, Jute Corporation of India among others are also vacant.

In a written reply to Rajya Sabha on Thursday, GM Siddeshwara, minister of state for heavy industries and public enterprises said, “As per available information, 101 posts of functional directors and around 440 positions of non-official directors are presently vacant in various CPSEs."

The boards of CPSEs consist of functional (full-time), government (part-time) and non-official (part-time) directors. The selection of functional directors is made by the Public Enterprise Selection Board (PESB).

The minister said, “The selection of non-official directors is made by the search committee and the reconstituted search committee has till April 2016 recommended names for filling up around 260 positions of non-official directors on the boards of various CPSEs.”

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