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Article: SCI must improve corporate governance for efficiency: Govt.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- May 3, 2007
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SCI must improve corporate governance for efficiency: Govt
New Delhi, May 3 (PTI) The government today said the Shipping Corporation of India (SCI) will have to improve its corporate governance to ensure efficiency and transparency before it is conferred the Navratna status.
In a reply to a query in the Rajya Sabha Shipping Minister T R Baalu said, many areas of deficiency have been noticed in corporate governance of SCI which are needed to be removed in the interest if efficiency and transparency.
"SCI is taking corrective measures to ensure that its internal governance ...