India Leadership Conclave presents you top six visionary leaders who are leading the country’s top public sector undertakings. Here are the nominees
India’s Most Promising Leadership in Public Administration 2017
1. Dr. PV Ramesh, CMD, REC Limited.(43)
2. Mr. Dinesh K Sarraf,CMD, Oil and Natural Gas Corporation Ltd (ONGC).(44)
3. Mr.Gurudeep Singh, CMD,NTPC.(45)
4. Mr.Sutirtha Bhattacharya,CMD,Coal India Limited.(46)
5. Mr. Anupam Shrivastava, CMD, BSNL.(47)
6. Dr. M Ravi Kanth, CMD, Housing & Urban Development Corporation Ltd.(48)
The Overview
India’s public sector undertakings have been described as crown jewels of our socialist legacy. Post Independence, India was grappling with grave socio-economic problems, such as inequalities in income and low levels of employment, regional imbalances in economic development and lack of trained manpower, weak industrial base, inadequate investments and infrastructure facilities, etc. Hence, the roadmap for Public Sector was developed as an instrument for self-reliant economic growth. The country adopted the planned economic development polices, which envisaged the development of PSUs.Initially, the public sector was confined to core and strategic industries. The second phase witnessed nationalization of industries, takeover of sick units from the private sector, and entry of the public sector into new fields like manufacturing consumer goods, consultancy, contracting and transportation etc. The Industrial Policy Resolution 1948 outlined the importance of the economy and its continuous growth in production and equitable distribution. In this process, the policy envisaged active engagement of the State in development of industries. In India, PSUs have played an integral role in economic development and industrialization. Post-Independence, PSUs were set up with the objective to build a base for solid infrastructure and bring about a planned development of the entire country. In many ways, PSUs were the extended arms of the government for development.
Today, PSUs have expanded their horizon to several sectors such as steel, engineering, heavy machinery, petro-chemicals, textiles, manufacturing and pharmaceuticals. There are more than 250 Central PSUs, and the financial investment stood at `9,92,971 crore as on March 31, 2014. The gross turnover of Central PSUs is around 25 per cent of the India’s GDP. These units employ nearly 1.5 million people and contribute in generating around five per cent of the total employment in the organised sector. But the expansion also brought along several challenges. After the economic reforms and liberalization in 1991, the government opened sectors exclusively reserved for PSUs to the private sector leading to increased competition from both domestic private companies and large MNCs.
India Leadership Conclave is India’s the most definitive destination of leadership gatherings of the influential leaders of the country & abroad with a focus to continuously innovate & debate ideas that are complex & important. Over the last seven editions, India Leadership conclave has emerged not only as a leadership brand but also defied the age old practices of rules & traditions that are irrelevant, Indian Affairs, the flagship media brand of Network 7 Media Group is hosting the high profile 8th Annual India Leadership Conclave & Indian Affairs Business Leadership Awards, also known as ILC Power Brand in Mumbai on Friday,4th august 2017 at Hotel Sahara Star Mumbai, India in partnership with top Govt agencies & apex trade bodies. More than 400 influential leaders of the country from politics to business, health to social & others have marked 4th august to attend. The conclave starts over a breakfast & is debating on a powerful theme “Transformation” to be addressed by the business tycoons, rebel leaders, authors, social & healthcare reformers in recent times. The day long conclave will culminate on the much awaited annual award ceremony in a glittering award night where who’s & who’s of india would be present.
The most credible annual award ceremony being rated in asia as a top destination of assembly of powerful leaders from various fields. India Leadership Conclave & Awards, over the last seven years has emerged as a hub of leadership dialogue & dissemination of ideas. Maharashtra is the state partner of this year’s annual event under the theme “Transformation”. More than 400 thought leaders of the country will be present in full attendance like previous annual ceremonies. The last two years have seen remarkable changes in India’s development paradigm. We have set forth on the Transforming India journey, with coordinated efforts by all Ministries to change the lives of citizens. India is in the spotlight globally and domestically significant steps have been taken towards social and financial inclusion to ensure holistic development of all sections of the society. The Transforming India microsite is a repository for sharing the impact of various governance initiatives with citizens in real time. This community based platform facilitates two-way communication between the Government and its people. We look forward to your continuous engagement in this journey of Transforming India.