The Narendra Modi government is readying a reform blueprint to revitalise public sector companies with measures, including listing such enterprises on stock exchanges, fixing tenures for the top management and increasing accountability for their boards to instil efficiency. The government has dusted off the three-year old S K Roongta committee report on reforming central public sector units, which had not been implemented by the previous regime."A fresh Cabinet note has been floated," a government official familiar with the move told ET. The panel headed by former Steel Authority of India chairman had submitted its report to the Planning Commission during the previous United Progressive Alliance government.
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