7 PSEs to get Navaratna status soon: Santosh Mohan Dev

Kolkata, May 25 (UNI) Seven Public Sector Enterprises(PSEs) will get Navaratna status following the approval of Public Sector Enterpise Board(PSEB) which is yet to give a nod to the appointment of the Independent Directors for these PSEs.

Speaking on the sidelines of a programme organised by Bengal National Chamber of Commerce and Industry, Minister of Heavy Industries and Public Sector Santosh Mohan Dev today said, ''In order to get Navaratna status, all the seven PSEs will have to appoint independent directors.

PSEB will approve the directors and they will get the Navaratna status by next two months.

He said the apex committee has already recommended the grant of Navaratna status to seven PSEs. These are Bharat Electronics Ltd and Hindustan Aeronautics Ltd(HAL) in Bangalore, NALCO in Bhubaneswar, National Mineral Developnment Corporation in Hyderabad, Power Finance Corporation, Power Grid Corporation of India Ltd and Rural Electrification Corporation in New Delhi.

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