NEW DELHI, Oct 22:
Amid the Government’s push to reforms, Prime Minister Manmohan Singh will meet the chiefs of PSUs tomorrow to discuss ways to push economic growth through enhanced investments, besides providing them greater autonomy and empowerment.
The meeting, to be attended by 25 heads of companies, mostly Maharatnas and Navratnas, will be the first interaction of the Prime Minister collectively with captains of Public Sector Undertakings (PSUs) whose turnover has jumped enormously since the economic liberalisation was unleashed in 1990s.
It will give an opportunity to the captains of the PSEs such as like ONGC, NTPC and BHEL to convey their views to the Prime Minister on several key issues like autonomy and empowerment of CPSEs, their disinvestment plans and changes in the Memorandum of Understanding (MoU) system, sources said here today.
The meeting will also discuss flexibility to the boards of CPSEs, professionalism in boards, future investment plans and capital expenditure as well as their plan to go global, they said.
The meeting was initiated by Heavy Industry and Public Enterprises Minister Praful Patel. Last month, he had said his ministry would take up with the Prime Minister ways to improve the functioning of CPSEs.(PTI)
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