25 CEOs of state-run firms to meet PM today

October 23, 2012 09:52

25 CEOs from Central Public Sector Enterprises or CPSEs will be calling on Prime Minister Manmohan Singh today to discuss the state of public sector units in the country.

"The meeting will give the opportunity to the Captains of Public Sector Enterprises to convey their views to the Prime Minister on several key issues like autonomy and empowerment of the Public Sector Enterprises, plans on their disinvestments, improvement in their MoU system, flexibility to the boards of CPSEs, professionalisation of boards of CPSEs, future investment plans and capital expenditure as well as their plan to go international etc,"says an official in the Ministry of Heavy Industries.

The delegation will be led by Heavy Industries Minister Praful Patel. The meeting, sources say, is Mr Patel's brainchild after complaints from senior PSU officials who say they are rarely consulted before taking major decisions such as disinvestment.

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