Question

The government of India has given autonomy to the Board of Directors of PSU in_______

Answer 1

Explanation:

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 hiring process.

According to this, the eligibility criteria and qualification came under the control of  the concerned ministry

Answer 2

The autonomy has been given for the selection of personnel.

• The specific term PSU stands for Public Sector Undertaking.

• In order to allow prime ministries and departments autonomy in recruiting, the government has knowingly allowed them considerable flexibility in unanimously selecting functional directors of companies.

• The key personnel will be carefully selected under their administrative control without seeking approval from the Public Enterprises Selection Board.