Don’t influence decisions or involve in specific cases: Piyush Goyal to CPSE non-official directors

“However, he highlighted that any mis-governance should be taken to management with utmost urgency and also, he asked to them to avoid influencing CPSE decisions while not getting involved in specific cases,” the ministry said in the statement.

BCCL
Commerce and industry minister Piyush Goyal has told the Central Public Sector Undertakings that any mis-governance should be taken to management with utmost urgency.

While interacting with the Non-official Directors (NoDs) of CPSUs under his ministries, he also asked them to avoid influencing CPSE decisions while not getting involved in specific cases.

The minister said that these directors are expected to bring alternate perspective, provide impartial view of shortcomings and suggest measures for improvement, according to a release issued by the commerce and industry ministry on Wednesday.


Goyal said that the NoDs also serve as a role model for employees and also safeguard interest of all stakeholders.

“However, he highlighted that any mis-governance should be taken to management with utmost urgency and also, he asked to them to avoid influencing CPSE decisions while not getting involved in specific cases,” the ministry said in the statement.

India Trade Promotion, ECGC Ltd. (Export Credit Guarantee Corporation of India), State Trading Corporation of India Ltd, MMTC Ltd. (Metals and Minerals Trading Corporation of India), PEC Ltd. (The Project and Equipment Corporation of India), State Trading Corporation of India Ltd Central Warehouse Corporation and Food Corporation of India. Secretary, Department of Commerce, Secretary, Food & Public Distribution and Consumer Affairs and Secretary, Department of Textile and Senior Officials of all three departments attended the meeting.
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Goyal said that NoDs’ expertise and experience will help the government in ensuring welfare of the citizens of India, and that they have assumed critical importance given increased sectoral complexities.
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