New Delhi: The government has asked administrative ministries to fill top management vacancies at central public sector enterprises (CPSEs) within the next three months amid concerns that leadership vacuum is delaying strategic decisions in some of India's biggest state-run companies, people aware of the development said.
The direction follows a meeting chaired by the cabinet secretary, TV Somanathan, last month on the functioning of strategic CPSEs. Participants flagged concerns over three dozen vacant board-level positions and prolonged 'additional charge' arrangements at the meeting. "The latest trigger was that one of the leading CPSEs was sitting on an important project for three months just because the post was vacant and the person in charge was reluctant in giving approval," a senior official told ET, requesting anonymity.
