Addressing the Administrators’ Meet on Company Governance, Pandey stated, “Well timed completion of all tasks is of utmost significance, in order to begin producing well timed revenues other than avoiding price overruns.”
Pandey additionally stated that there’s a want for CPSEs is to undertake common efficiency analysis of CPSEs in order to evaluate their efficacy in direction of fulfilment of core targets for which they’ve been constituted.
“Most of the CPSEs are dealing with difficult occasions because of the aggressive situation. Due to this fact, it’s excessive time to transform such challenges into alternatives for progress of the businesses,” Pandey stated.
He additionally stated that CPSEs ought to persistently work in direction of indigenisation in step with the imaginative and prescient of ‘Atma Nirbhar Bharat’ and assist the nation in changing into a International Manufacturing Hub.