No second term to chief, members of govt's headhunter PESB

The chief and members of Centre's headhunter Public Enterprises Selection Board (PESB) will not get a second term, as per the recently amended rules.
Earlier, they were entitled for reappointment for a second term.
"The chairperson or members shall hold office for a period of three years from the date of assumption of charge or until attainment of the age of 65 years or until further orders, whichever is earliest," as per the new norms notified by the Personnel Ministry.
The PESB recommends the names of top-level appointees, including Chairman, Managing Director or Chairman-cum-Managing Director, and Functional Director of Central Public Sector Enterprises (CPSEs). It consists of a chairperson and three full-time members.

Candidates from state public sector enterprises and the private sector will also be considered for appointments in CPSEs for a period of five years, the new rules said.
The Ministry has yesterday written to all secretaries of central government ministries about the changes in the rules.
The new norms also have a provision to include an official from the Prime Minister's Office in the panel to recommend candidates for the post of chairman and members of the PESB.
The Cabinet Secretary-led Committee will have Additional Principal Secretary to the Prime Minister as one of the members. The panel will continue to have top bureaucrats of three key departments -- Secretary (Personnel), Secretary (Finance) and Secretary (Public Enterprises) -- as its members.