No fixed tenure for public sector chiefs: government
The government said Wednesday it had taken no decision to give a fixed tenure to CMDs or functional directors of public sector undertakings even by extending their service.
Minister of State in the Prime Minister's Office Jitendra Singh gave this information in the Lok Sabha.
He said in a statement that functional directors were appointed on the board of public sector undertakings for five years or till the age of superannuation, whichever was earlier.
If the initial tenure of five years of an incumbent ends prior to his attaining the age of superannuation, the term could be extended till the day of superannuation, the minister said.
This would be subject to the officer meeting the prescribed performance benchmark and on being clear from the vigilance angle, Jitendra Singh said.
"There is no decision of the government to give a fixed tenure to chairman-and-managing director or functional director of any public sector undertaking even by allowing them to continue beyond the age of superannuation," he said.
(Posted on 07-08-2014)
Information on States of India:
Andaman Nicobar | Andhra Pradesh | Arunachal Pradesh | Assam | Bihar | Chandigarh | Chhattisgarh | Dadar Nagar Haveli | Daman Diu | Delhi | Goa | Gujarat | Haryana | Himachal Pradesh | Jammu Kashmir | Jharkhand | Karnataka | Kerala | Lakshadweep | Madhya Pradesh | Maharashtra | Manipur | Meghalaya | Mizoram | Nagaland | Orissa | Pondicherry | Punjab | Rajasthan | Sikkim | Tamil Nadu | Tripura | Uttar Pradesh | Uttaranchal | West Bengal
INDIA REGIONAL MAPS:
Andhra Pradesh Travel Map | Bihar Travel Map | Goa Travel Map | Gujarat Travel Map | Haryana Travel Map | Himachal Pradesh Map | Karnataka Travel Map | Kerala Travel Map | Maharashtra Travel Map | Punjab Travel Map | Rajasthan Travel Map | Sikkim Travel Map | Tamil Nadu Travel Map | Uttar Pradesh Travel Map | West Bengal Travel Map |
KERALA TRAVEL MAPS:
TRAVEL MAPS OF INDIA:
INDIA CITY MAPS: