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Independent directors of telecom PSUs may lose perks
New Delhi: Independent directors and government nominees on the board of directors of telecom PSU companies may lose their perks. A directive in this regard is expected to be issued by the heavy industries and public enterprises ministry soon.

Independent directors and government nominees on the boards of MTNL, BSNL, Telecom Consultancy India, and Indian Telephone Industries will no longer get air-conditioners, air-conditioned DLY cars, computers, fax machines, charges on hiring part-time computer operators, stenographers from public sector enterprises, and reimbursements of electricity charges, furniture, furnishings, including curtains and carpets.

The heavy industries and public enterprises ministry, which has nominal control over this issue, has advised the department of telecom "to immediately ask the concerned PSUs to withdraw these facilities provided to the independent and government nominee directors, lest it sets a precedent for other state-run units."
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domain-B : Indian business : News Review : 01 September 2003 : general