No to freebies by new ministers

PSU heads surprised by a perceptible change at the centre

GN Bureau | June 9, 2014



The offices of power minister Piyush Goyal, petroleum minister Dharmendra Pradhan and steel minister Narendra Singh Tomar have not sought freebies such as air tickets, guest houses, personal staff or vehicles for their families or staff members, a rare sight.

Two weeks into the tenure of the Narendra Modi-led government and executives of blue-chip public sector companies are already feeling a perceptible change at the centre, according to a report published in The Economic Times. Admitting that the first task of chairmen of public sector giants after the installation of a new central government often used to be to ensure a fleet of swanky sedans and household helps, among other facilities, to make life easier for the staff of the ministers, senior executives say this is definitely a welcome change.

The central ministers have always had at their say and call chief executives seeking quick approvals for juicy contracts, foreign junkets and extension to their tenures; directors aspiring to head blue-chip companies; and senior executives whose job is to liaise with these privileged people - the bunch that surrounds powerful cabinet ministers and deftly makes political masters inaccessible to the world. But executives of firms such as NTPC, ONGC, SAIL, BHEL, IOC and Gail say the new government seems different.

With companies making profits of thousands of crores of rupees, a few air tickets, paid holidays in luxury resorts and white goods were a small price to pay to get the top authorities to look aside when there was some bungling in business. But this time, the ministers demand performance, not indulgence, senior government officials and executives said.

While Pradhan is keeping his entire focus on enhancing oil and gas output and he has directed state-run oil companies to improve management efficiency on priority. Goyal has been even more blunt in his approach as he did not give appointments to many top executives of power and coal PSUs to offer bouquets.

Comments

 

Other News

BHEL commissions supercritical thermal power plant in UP

With the commissioning of the third unit of the Prayagraj Super Thermal Power Project (PSTPP), Bharat Heavy Electricals Limited (BHEL) has successfully executed the 1,980 MW coal-based supercritical thermal power project in Uttar Pradesh.   The first two units of the project

A corporation to be set up for Digital India

The ministry of electronics and information technology (MEITY) will set up a new body, Digital India Corporation (DIC), to execute prime minister’s ambitious Digital India programme. The corporation will subsume some of the existing agencies within the ministry including the National e-Gove

India, Japan to build Asia-Africa corridor to checkmate OBOR

While India and China are pitted against each other in South Asia and the Southeast Asian region, and the former’s refusal to participate in Beijing held summit on One Belt One Road (OBOR) initiative was a low point in their bilateral ties, New Delhi is now preparing an initiative that will r

Pragati Maidan to be turned into exhibition-cum-convention centre

The existing Pragati Maidan complex is set to get a new face with its redevelopment into a world class state-of-the-art integrated exhibition-cum-convention centre (IECC).   CMD, India Trade Promotion Organisation (ITPO), L C Goyal and CMD, NBCC (India) Limited, Anoop Kumar M

GAIL clocks 57% rise in profit after tax in 2016-17 FY

GAIL (India) Limited has registered 57 percent rise in profit after tax (PAT) for the 2016-17 fiscal with the PAT increasing to Rs 3,503 crore from Rs 2,226 crore in the last fiscal.   The rise in profit was boosted mainly by a turnaround in the company’s petrochemical

The case of former coal secy and the anti-corruption law

  A senior bureaucrat, apparently much respected among the administrative circles, faces two years in jail. His crime: a decision that may have come from the political leadership.   HC Gupta, a former coal secretary, is among the three bureaucrats convicted b



Video

प्रभुनाथ सिंह को हत्याकांड में उम्रकैद की सजा

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter