Business Standard

Online database of Boards of Directors of CPSEs

Image

Announcement Economy

The Department of Public Enterprises (DPE) has taken the initiative to build and maintain a database of incumbents of Boards of Directors of CPSEs. In its Results Framework Document for the year 2009-10, DPE had committed to launch an online portal for database of Directors of CPSEs by 15th March, 2010.

Towards achieving the above initiative and fulfilling the commitment under RFD, DPE launched the Online Database on 9th March, 2010 which is available on DPE website (www.dpe.nic.in). This system has been developed with the help of DPE-NIC and has latest information regarding all three categories of Directors, viz. functional, official and non-official, on the Boards of CPSEs.

 

In order to keep the database updated and current, all CPSEs have been advised to nominate a nodal officer (preferably Company Secretary) in order to inform DPE about change in incumbency position of Board of Directors of respective CPSEs. To date, 145 CPSEs have nominated nodal officers who are regularly keeping DPE informed of any change in the incumbency of their respective Boards.

This database would help in maintaining and disseminating proper information regarding incumbency of Directors of CPSEs. It will also help administrative Ministries better plan for early filling of existing and future vacancies on the Boards of CPSEs.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 13 2010 | 8:06 PM IST

Explore News