News Report

BJPfying Indian PSUs: Are Independent Directors of The Companies, Independent Enough???

A recent RTI has made some startling revelations regarding India’s top PSUs and the independent directors appointed on their boards. Not much of a surprise but definitely concerning revelation is that almost half of them are linked to the Ruling Bharatiya Janata Party.
So is there a deliberate effort to BJPfying of the PSUs as far as the posts of Independent directors are concerned? The response to RTI filed by the Indian Express showed that there are 172 Independent Directors in 98 PSUs. Of them, at least 86, serving on 67 PSU boards, are linked to the ruling BJP. The records of As many as 146 Central Public Sector Undertakings were scrutinized for the same.

#PSUs #IndependentDirector #BJP #SambitPatra #ModiGovt #RTI #Maharatna #Navratna #MiniRatna #BHEL #ONGC #GAIL #SAIL #HPCL #HAL #HindustanAeronauticsLtd #NBCC

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