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

What makes Sundargarh the cradle of hockey in India

Neha Lakra, 20, doesn’t forget to practise hockey, at least for four hours, every day. Whether at home or at the Panposh sports hostel in Rourkela where she is training under the guidance of coaches, her routine doesn’t change. “I can’t sleep unless I have worked on the ground,&rdqu

Where the true sadhana of Vedanta is to be found

Somewhere Among the Stars: Reflections of a Mystic By Adi Varuni Kali/BluOne Ink, 282 pages, Rs 395 Decades ago, when an unknown N

India celebrates National Voters’ Day

The 13th National Voters’ Day was celebrated across the country Wednesday with president Droupadi Murmu gracing the national event held here. Kiren Rijiju, union minister for law & justice, was the guest of honour. The chief election commissioner, Rajiv Kumar, election commissioners Anup Chandra

INS Vagir to give fillip to Navy: Admiral Hari Kumar

The Indian Navy commissioned its fifth stealth Scorpene class Submarine INS Vagir on Monday at the Naval Dockyard, Mumbai in the presence of Admiral R Hari Kumar, Chief of the Naval Staff. Vagir was launched on November 12, 2020, under Project 75 (P75) and post completion of sea trials it w

Uddhav joins hands with Prakash Ambedkar ahead of BMC polls

Ahead of the Mumbai civic polls, former Maharashtra chief minister Uddhav Thackeray on Monday announced an alliance with Prakash Ambedkar`s Vanchit Bahujan Aghadi (VBA). Addressing a joint press conference, Thackeray said their grandfathers, Keshav Thackeray and Dr. B.R. Ambedkar, were conte

How women leaders enable collective action at local level

Ela R. Bhatt, the founder of SEWA, once said, “There is ample proof to demonstrate that women can and do build strong and vital organizations around issues that relate to them, and find viable solutions out of their own experiences.” Women Leadership Schools (WLSs) promoted by Se

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now



Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter