National News

SAIL’s Chairman AK Chaudhary nominated as Chairman of CII PSE Council

Steel Authority of India (SAIL)’s Chairman AK Chaudhary has been nominated the Chairman of the Confederation of Indian Industries (CII) PSE Council 

PSU Watch Bureau
  • Public Sector Enterprises council of CII works with the government and the PSUs on various policy issues

  • Steel Authority of India (SAIL)'s Chairman AK Chaudhary has been nominated as the new Chairman of CII's PSE Council

New Delhi: The Confederation of Indian Industries (CII), one of the largest of its kind in the country, has nominated Steel Authority of India (SAIL)'s Chairman AK Chaudhary as the Chairman of its PSE Council. This PSE Council plays a vital role in the overall functioning of CII, which works with the government and the public sector enterprises on various policy issues and serves as a reference point for the industry. Formed in 2007, the council has grown from strength to strength over the years. As per now, it consists of 96 members comprising 10 Maharatnas, 14 Navratnas and 72 Miniratnas. The CII Council has been taking up various transformative development agenda to build systematic and active engagements with the central public sector enterprises with the latest being focusing on the path charted by Prime Minister for a self-reliant India. Accordingly, the annual flagship event of the council scheduled to be held shortly is being planned on the lines and visions of "Atmanirbhar Bharat."

The Chairman of CII PSE Council acts as the key interface between the government and the members of the council. The chairman also represents the council in all the meetings and networking with the government/policymakers for taking forward the economic and enterprise policy advocacy framework.

On this appointment, Chaudhary said, "Every responsibility comes with expectations towards the fulfilment of related milestones. The position of Chairman CII PSE Council also carries with it the responsibility of protecting the interests of all member PSEs. CII is a premier industry body acting as channel and platform for the industry and as the Chairman of its PSE Council, my focus would be on this aspect by channelizing their efforts towards building an "Atmanirbhar Bharat."

Chaudhary had assumed the position of Chairman of SAIL on September 22, 2018. He has a rich experience of more than 35 years in the Iron & Steel Sector while working with Steel Authority of India Limited (SAIL), including the experience as Director (Finance) of the Company, a position he held for more than seven years prior to the current assignment. He has acquired all-round knowledge of the entire steel industry while working in different capacities in the company.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)

IIFCL in talks with ADB, Korean Exim Bank to raise $600 million

Govt notifies telecom cyber security rules; sets timelines for telcos to report security incidents

Govt invites job applications for PNGRB's Member post

Power Minister visits NHPC’s Nimoo Bazgo Power Station in Ladakh

Delegates from 18 countries attend RBI's policy conference of Global South central banks