Government of India
Ministry of Heavy Industries & Public Enterprises
Department of Public Enterprises
Public Enterprises Bhawan,
Block No. 14, CGO Complex,
Lodhi Road. New Delhi-110 003
Dated : 7th, Jaunary, 2012
Subject: Restrictions on top level executives of Central Public Sector Enterprises (CPSEs) joining private commercial undertakings after retirement.
The undersigned is directed to refer to this Department’s O.M. of even number dated 15th May, 2008 (copy enclosed) on the subject mentioned above.
2. The Government has reviewed the position regarding time limit of 30 days for concerned administrative Ministry / Department to communicate the decision on the application(s) seeking permission to accept any appointment/post after retirement in view of the fact that in many cases, a functional Director/CMD would have worked in more than one CPSE during the last five years preceding the retirement and therefore the concerned administrative Ministry / Department would require more than 30 days to consider all aspects/factors as brought out in OM. dated 15th May, 2008 before arriving at a final decision on such applications. It has accordingly been decided to revise Para 7 of the DPE O.M. dated 15th May, 2008 laying down time limits to read as follows.