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StatesPosted at: Jul 30 2016 9:57PM


J&K for freeing PSUs from govt intervention

Srinagar, Jul 30 (UNI) To promote professional corporate governance in Public Sector Undertakings (PSUs) of Jammu and Kashmir, Minister for Finance, Dr Haseeb A Drabu, today asked them to move away from the government as much as possible.
“The PSUs like the State Financial Corporation (SFC) should do serious human resource planning to ably respond to the changing dynamics of the financial markets,” the Finance Minister said while speaking at the 56th Annual General Meeting (AGM) of the SFC here.
The Finance Minister said the time has come to set the Public Sector Undertaking free of government intervention which was known to prove adverse for the health of such institutions.
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