Public sector undertakings under the Ministry of Steel and Mines have donated Rs 15 crore to the Prime Minister's National Relief Fund (PMNRF) for rescue and relief operations in flood-ravaged Jammu & Kashmir.
As part of efforts to ensure safety of women, public sector units (PSUs) are being roped in to build toilets, a priority area for NDA government, Minister for Women and Child Development Maneka Gandhi has said.
Thus, while it is believed that higher independent board composition is a sound corporate governance practice, it is of little help due to its contradictory results. That's because the independent directors (though independent) are mere puppets of the top management and cannot influence the ultimate decision making.
The government today directed the
PSUs to ensure that its decision to carve out 4.5 per cent
sub-quota for minorities out of 27 per cent for OBCs, is
implemented in all recruitments from January 1, this year.