PSUs can now hire talent from private sector

Cabinet gives nod to selection of candidates from SPSEs and private sector as non-internal candidates for five years for appointment in CPSEs

GN Bureau | June 2, 2016


#PSUs   #cabinet   #CPSEs   #SPSEs   #private sector   #talent  

 The central public sector enterprises (CPSEs) can now hire talented and experienced people from state public sector enterprises (SPSEs) and private sector. The union cabinet on Wednesday gave ex post facto approval to the proposal, according to the news reports.

Under the proposed amendments, candidates can be selected from the SPSEs and private sector as non-internal candidates for five years for appointment in CPSEs.
 
Another amendment pertains to holding of office by the Public Enterprises Selection Board [PESB] chairperson and members for three years from the date of assumption of charge or until they attain the age of 65 or until further orders, whichever is earlier.
 
According to the official statement, the amendments will continue to provide a wider pool of professionals for selection by allowing the candidates from SPSEs and private sector to be considered for senior positions in the CPSEs.
 
Also, it added, the move will benefit CPSEs by the skill-sets and domain expertise of those coming from the SPSEs as well the private sector. It will also ensure that the CPSE senior management gets the benefit of the perspective gained both within and outside.

Comments

 

Other News

Mumbai Development Plan annoys activists and experts

Approximately one-eighth of Mumbai’s existing landmass is proposed to be added for development works, especially for housing of low income groups. Maharashtra CM Devendra Fadnavis gave green signal to the 2034 development plan that will make more land available by adding over 3,650 he

My musical journey has been really beautiful: Harshdeep Kaur

Harshdeep Kaur is a playback singer better known for her Sufi renditions. She sings Hindi as well as Punjabi. She sang ‘Ik Onkar’ in Rang De Basanti apart from several other soulful songs. Her track ‘R.I.P.’ composed by AR Rahman was part of Oscar-winner Danny Boyle’s film

BJP lawmakers top the list in hate speech cases

Out of all MPs and MLAs in office, 58 have declared cases related to hate speech. This includes union minister for drinking water and sanitation Uma Bharti along with 14 other Lok Sabha MPs. The list also includes 8 state ministers. A party wise analysis reveals that BJP has the highest numb

After its withdrawal from Meghalaya and Arunachal, is it time to review AFSPA in other areas too?

After its withdrawal from Meghalaya and Arunachal, is it time to review AFSPA in other areas too?

Togadia, Sinha and anti-Modi prejudices masked by empty rhetoric

There is an uncanny similarity in the pathological opposition to prime minister Narendra Modi by two members of the right wing, Pravin Togadia and Yashwant Sinha. They come from a diverse social and political background; yet they share a common strand that shows an unmitigated hatred towards

“We are becoming American digital colonies”

Data is the new oil; and it needs to be protected. In an interaction with Governance Now, Lionel Baraban, CEO of Famoco, talks about how the French tech firm is developing secure business devices to safeguard data against going to other countries. What are the major roles o

Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter