Development of Navratna PSUs

development-of-navratna-psus-indian-bureaucracy
development-of-navratna-psus-indian-bureaucracy

he Government has already delegated financial and operational powers to the Boards of Navratna Central Public Sector Enterprises (CPSEs) in the areas of capital expenditure, investment in joint ventures/subsidiaries, human resources management, entering into technology joint ventures or strategic alliances, etc. in order to provide flexibility in decision making so as to enable these CPSEs to improve their competitiveness and performance.

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