Question

The government of India has given autonomy to the Board of Directors of PSUs in _______.​

Answer 1

The government of India has given autonomy to the Board of Directors of PSUs in the appointment of operational directors for businesses under their administrative authority.

• The public authority has given adaptability to services and divisions in the determination of practical overseers of organisations under their regulatory control without looking for endorsement of the Public Enterprises Selection Board in a bid to give them independence in recruiting.
• As navaratnas and micro ratnas, some PSUs have received unique status.
• Beforehand the PSU needed to initially take their endorsement from Public Enterprises Selection Board so they can start recruiting process.

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Answer 2

Answer:

The government of India has given autonomy to the Board of Directors of PSU in hiring of functional directors of companies under their administrative control. Previously, the PSU has to first take their approval from Public Enterprises Selection Board so that they can initiate the hiring process.

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