(a) whether the Government is implementing any concrete steps to increase the competence and performance of Navratna Public Sector Undertakings in the country; and
(b) if so, the details thereof?
(a) whether the Government is implementing any concrete steps to increase the competence and performance of Navratna Public Sector Undertakings in the country; and
(b) if so, the details thereof?
THE MINISTER OF STATE FOR HEAVY INDUSTRIES AND PUBLIC ENTERPRISES
(SHRI BABUL SUPRIYO)
(a) and (b) : The Government has already delegated financial and operational powers to the Boards of Navratna Central Public Sector Enterprises (CPSEs) in the areas of capital expenditure, investment in joint ventures/subsidiaries, human resources management, entering into technology joint ventures or strategic alliances, etc. in order to provide flexibility in decision making so as to enable these CPSEs to improve their competitiveness and performance.
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