Question : Vacant Posts of Directors in PSEs and PSBs

(a) whether the Government has taken any steps to fill up the vacant Non-Official Part-time (OPTN), women and Independent Directors in various Public Sector Enterprises (PSEs) and Public Sector Banks (PSBs);

(b) if so, the details thereof and the decision taken by the Government in this regard;

(c) whether the Government has taken steps to include subject experts and eminent professionals in the respective fields instead of appointing on political lineage; and

(d) if so, the details thereof and the list of appointments made in the last three years, year/company-wise?

MINISTER OF STATE FOR LAW AND JUSTICE (SHRI P. P. CHAUDHARY)
AND CORPORATE AFFAIRS (???? ??. ??. ?????)
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(a):- Appointment of Directors/Women Directors in CPSUs and PSBs are made on the basis of prescribed guidelines. Government has prescribed the time-lines for various associated activities such as furnishing the proposal, processing of proposals for obtaining recommendations of Search Committee and processing the recommendations of Search Committee for obtaining the approval of competent authority to ensure timely appointments to the Boards of the CPSUs and PSBs.

(b) to (c):- The Government has laid down the criteria in terms of educational qualifications, age and experience for persons to be considered for appointment as non-official Directors on the Boards of CPSEs. In terms of laid down criteria, professionals of repute having more than 15 years of relevant domain experience in fields relevant to the company''s area of operation and persons of eminence with proven track record from Industry, Business, Agriculture or Management are eligible to be considered for such appointments. For Public Sector Banks also, the guidelines for appointment of Non-Official Directors provide for consideration of persons from amongst the persons of eminence with special academic training or practical experience in relevant fields, chartered accountants, academicians, and retired senior government officials.

(d):- Details of appointments made during the 3 years are provided at Annexure.

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