PMO to monitor selection of PSU telco heads
In a clear indication that the Prime Minister is closely monitoring all decisions in the telecom ministry, the Prime Minister's Office (PMO) has now stepped in to select the chairman and managing director (CMD) of Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL).
In a clear indication that the Prime Minister is closely monitoring all decisions in the telecom ministry, the Prime Minister's Office (PMO) has now stepped in to select the chairman and managing director (CMD) of Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL).
The PMO on Wednesday approved constitution of a search committee under Cabinet Secretary K.M. Chadrasekhar for the selection of the CMDs.
Generally, CMDs of all public sector undertakings are selected through the public enterprise selection board (PESB). Though PESB is an independent body, the concerned ministries have an important role to play in the selection of CMDs.
With the Prime Minister constituting a search committee, the selection process has become broadbased.
Secretaries of Department of Telecommunications (DoT) P. J. Thomas and Ministry of Personnel, Public Grievances and Pension Shantanu Consul are other members of the search committee. The outside members include former Telecom Regulatory Authority of India (TRAI) Member and ex-CMD of BSNL D.P.S. Seth; HDFC Chairman Deepak Parekh, and the US-based scientist Paul Raj.
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