Centre seeks applicants for PESB chief’s post -Governance Now

Centre seeks applicants for PESB chief’s post

The current chairman is set to retire in November and suitable candidates can apply for the job till October 3

GN Bureau | September 5, 2016

#Ajit Kumar Seth #chairman's post #PESB

The ministry of personnel on Friday dashed off a ‘wireless message’ to chief secretaries of all states and union territories seeking applications from suitable candidates for the post of chairperson of Public Enterprises Selection Board (PESB).

Current chairman Ajit Kumar Seth is set to retire in November. Suitable candidates can apply for the job till October 3, according to a news report published in The Hindu.

The move of the ministry came amid growing criticism of the Modi government on its indifference in filling up large number of vacancies in public sector undertakings. The PESB is a high-powered body constituted by the centre with the objective of evolving a sound managerial policy for the central public sector enterprises and to advise the government on appointments to top management posts.

The PSEB makes recommendations to concerned ministries, who in turn, after the due process, forward them to the appointments committee of the cabinet headed by the prime minister.

As per the government resolution, the chairperson of PESB shall be a distinguished serving or former chief executive of a public or private or joint sector enterprise, a distinguished person with experience in selection of top management personnel or a distinguished serving or former civil servant with experience in management of public sector enterprises or in areas of finance, industry and economic affairs.

Comments

Other News

From one cow to a dairy business

In 2012, Anita Dash wasn`t dreaming of building a dairy brand. She wasn`t studying business models or planning market expansion. Like countless mothers across India, her focus was on something much simpler: giving her children a better future. At the time, her most valuable

Ethanol blending: The two sides of a story

India`s crude oil consumption is estimated to be around 88.5% imported from abroad. This one single figure is also responsible for why ethanol has become both an economic strategy and fuel policy at the same time. In an economy like India, which depends so heavily on foreign oil, any increase in internat

Food inflation: Not a macroeconomic statistic but a developmental indicator

India`s retail inflation shows a reassuring picture at first glance. According to the latest data, Consumer Price Index (CPI) inflation edged up to 4.38% in June 2026 from 3.93% in May 2026, but continued to remain within the Reserve Bank of India`s (RBI) target band of 4% (+/- 2%). However, beneath this

Skin in the game or masterful market timing?

When a company founder opens their personal chequebook to buy shares in their own business, stock markets usually applaud. To the average retail investor, it feels like the ultimate vote of confidence, a sign that the people running the show have real skin in the game and believe brighter days are ahead.

India’s freedom struggle was shaped by wider Asian political thought

As we mark 80th anniversary of independence, ‘Asianism and the Fall of Empire’ (HarperCollins India) by historian Mithi Mukherjee offers a new perspective on Ind