Rao is expected take over the new post on June 2
GN Bureau | May 21, 2014
Coal India Ltd (CIL) chairman S Narsing Rao has decided to resign from the state-run minor to become the chief adviser to K Chandrasekhar Rao, who is set to become the first chief minister of Telengana. Rao is expected take over the new post on June 2.
According to rules, a chairman needs to provide three months before he leaves. However, Rao hopes he will be relieved sooner. This would make CIL headless at a time when the central government is changing. At present, the senior most director at CIL is R Mohan Das, who is director-personal. However, the senior most directors have not always been appointed as acting chairman by the government.
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