42 posts of CMDs, MDs vacant in key CPSEs

NEW DELHI: As many as 42 posts of Chairman and Managing Directors (CMDs) and Managing Directors are lying vacant in Central Public Sector Enterprises, including ' Maharatna' corporations, Union minister Jitendra Singh said today.

The posts are vacant due to varying reasons including decision to not fill up some posts because of the company being loss making/ sick, scrapping of panels and non-availability of suitable candidates, he told Lok Sabha in a written reply.

"Filling up of vacancies at CMDs and MDs level in CPSEs is an ongoing process. To expedite the process, timelines have been laid down for each stage of the appointment process and the administrative ministries or departments advised to adhere to the same," said Singh, Minister of State for Personnel, Public Grievances and Pensions.