SCOPE Chairman CS Verma for PSU’s greater autonomy New Delhi, he Chairman of Standing Conference of Public Enterprises (SCOPE) and Steel Authority of India Limited (SAIL), Mr CS Verma today demanded greater operational autonomy and freedom for Public Sector Enterprises (PSEs). Speaking at the CII National Conference and Annual Session 2014 here, Verma categorically stated that Article 12 of the Constitution of India, which mandates PSEs to function as ‘extended arm of the government’, runs contrary to the commercial interest of PSEs. The session was chaired by Member, Planning Commission, Mr Arun Maira. Mr Verma’s suggestions were met with approval and appreciation by other panelists on the dais, namely, CMD NTPC Mr Arup Roy Choudhary, CMD Coal India Mr Narsing Rao and CMD MTNL Mr AK Garg.
Posted on: Sat, 29 Mar 2014 03:44:42 +0000
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