CPSE boardrooms set for 200-strong 'independent' influx

The government is urgently seeking to appoint 208 independent directors to central public sector enterprises (CPSEs) to address a critical shortage. With independent director vacancies at 86% as of December 2024, the move aims to bolster corporate governance and independent scrutiny. The focus will be on listed CPSEs initially, with a search committee working to expedite the process.