Total 53 CPSEs without CMD, 70% Independent director post vacant
Published on: March 17, 2026, 11:33 p.m. | Source: The Economic Times
A parliamentary panel has identified a significant managerial crisis within Central Public Sector Enterprises. Many CPSEs are operating without full-time leaders, impacting decision-making and accountability. The panel also highlighted funding issues and a shortage of independent directors. Recommendations include reviewing dividend policies and improving leadership appointments to boost CPSE competitiveness.
