New Delhi: Aiming to drive and improve professionalism in PSUs, Standing Conference of Public Enterprises (SCOPE), the apex body of Public Sector Units (PSUs) is all set to prepare a matrix which will help in making the board of PSUs more effective.

SCOPE is likely to handover a draft containing guidelines to the government in this regard. The apex body has also recommended extensive training for the independent directors in order to develop professionalism among them.

U D Choubey, Director General of SCOPE said, “The directors appointed in the public sector units carry experience of various fields.  Such situation is likely to create difference between the directors and workers of the concerned PSU and that is why we have recommended training for the newly appointed directors in the respective field where the company functions.”

Generally, there are three types of directors in PSUs, functional directors from within the company, government nominees and independent directors – each with different interests.

According to Choubey, “Only the first category of directors have complete experience in the working of PSUs while directors nominated by the government work under social or political agenda. Similarly, independent directors lack experience of the respective field where they have been appointed.”

“Over 300 posts of independent directors are lying vacant in PSUs,” Choubey added.

 

(JPN/Bureau)