As many as 42 posts of Chairman and Managing Directors and Managing Directors are lying vacant in Central Public Sector Enterprises, including 'Maharatna' corporations, Union minister Jitendra Singh said on Wednesday.
The posts are vacant due to varying reasons including decision to not fill up some posts because of the company being loss making/ sick, scrapping of panels and non-availability of suitable candidates, he told Lok Sabha. "Filling up of vacancies at CMDs and MDs level in CPSEs is an ongoing process. Timelines have been laid down for each stage of the appointment process," said Singh.