Centre considers plan of building “talent pool” for top roles at PSUs

The Indian government is considering developing a talent pool for top-level positions at central public sector enterprises (CPSEs). This initiative aims to ensure a smooth transition and continuity in decision-making at PSUs by having a succession line of officials ready to take on top roles. The plan involves working with senior management in PSUs to nurture potential candidates for higher responsibilities. Currently, top PSU officials are selected through an interview process, which can be time-consuming and leave vacancies at critical positions. By creating a talent pool, the government hopes to maintain efficiency in operations and professionalize the working of PSUs. This move is part of the broader strategy to see PSUs as value creators in the economy, with the Department of Public Enterprises and the Department of Investment and Public Asset Management working to improve their performance and expand capacity.