(a) the names of the Public Sector Undertakings (PSUs) in which IAS and IPS officers are posted as CMD and at other senior positions;
(b) the performance of the said PSUs in comparison to other PSUs; and
(c) the reaction of the Government thereto?
(a) the names of the Public Sector Undertakings (PSUs) in which IAS and IPS officers are posted as CMD and at other senior positions;
(b) the performance of the said PSUs in comparison to other PSUs; and
(c) the reaction of the Government thereto?
THE MINISTER OF STATE FOR HEAVY INDUSTRIES AND PUBLIC ENTERPRISES
(SHRI G.M. SIDDESHWARA)
(a): As per available information, presently, officers belonging to Indian Administrative Service (IAS) and Indian Police Service (IPS) have been posted on deputation basis on Board level positions in five Central Public Sector Enterprises (CPSEs), namely, (i) Air India Limited (AIL), (ii) National Scheduled Tribes Finance and Development Corporation (NSTFDC), (iii) India Tourism Development Corporation Limited (ITDC), (iv) National Highways & Infrastructure Development Corporation Limited (NHIDCL) and (v) National Highways Connectivity Company Limited (NHCCL).
(b) and (c): The performance of the above mentioned five CPSEs for the year 2013-14 is as under:
(Rs. in crore)
Name of CPSE Performance of the CPSE
Total Revenue Net Profit Net Worth
AIL 19,230 (-) 5,389 (-) 15,333
NSTFDC 27 18 575
ITDC 470 9 316
NHIDCL Set up in 2014
NHCCL Set up in 2014
The performance of CPSEs is not merely linked to the persons posted at senior positions in the CPSEs. There are many other important factors, which decide their performance, such as the nature of their business environment, changes in the global/national/sectoral competitive scenario, effect of business cycles on the sector concerned, level of technology, marketing efforts, manpower strength, company’s strategic vision and its implementation, etc. Further, there are wide variations among CPSEs in terms of their nature of operations, sector/cognate group to which they belong, size of operations, schedule, Maharatna/ Navratna/Miniratna status, etc., thus making it difficult to make any meaningful comparison between CPSEs where IAS and IPS officers are posted vis-à-vis other CPSEs.
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