Vacant CMD positions in PSUs to be filled soon: Anant Geete

The search committee has been formed and it is working to fill all the positions, the minister said

jasleen

Jasleen Kaur | April 8, 2015 | New Delhi


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The union minister of heavy industry and public enterprises, Anant Geete said that all the vacant positions of chairman in public sector undertakings (PSUs) will be filled soon.

While addressing a Confederation of Indian Industry (CII) conference in Delhi on Tuesday, the minister said that it took some time to establish the search committee under the new government; now it is formed and it is working to fill all the positions.

Admitting that the disinvestment process under his government has been slow, the minister said the reason was the absence of a clear consensus in this matter. He informed that the government is disinvesting to an extent of 5-10% but no strong decision has been taken yet. "The government will get money through disinvestment but it is also our responsibility to provide employment and we can't get away from it."

Geete said that the Modi-led government is working to give support for growth and development for both private and public heavy industries. In this regard, he said, the PM gave make in India concept. "We have even appealed to foreign industries to invest in India. The responsibility to make it successful is on the shoulder of my ministry and we are taking appropriate steps."

The minister said that while favouring the growth of industry, his government is criticised for being pro-industry. "The biggest problem today is of unemployment. It is important that we provide work opportunity to young people and that ia possible only when industries are established. We are trying our best to achieve that."

He said there was a time when private sector did not have the capacity to enter industries and the government took the responsibility. But because of privatisation there is change in every sector and the government has very well accepted that change. He also added that it is important for both private and public sector work together to achieve overall growth.

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