The Ad-hoc Group of Experts (AGE) Report serves as a comprehensive analysis and strategic roadmap crafted by a panel of specialized individuals convened for a particular purpose. This document represents the culmination of collaborative efforts from experts spanning diverse disciplines, pooling their knowledge and insights to address pressing issues or challenges. Characterized by its interdisciplinary approach, the AGE Report amalgamates research, data analysis, and expert opinion to provide valuable recommendations and actionable strategies. Serving as a catalyst for informed decision-making, the report not only synthesizes existing knowledge but also offers innovative perspectives and solutions to navigate complex problems in a rapidly evolving landscape. As a testament to collective expertise and dedication, the AGE Report stands as a testament to the power of collaboration and expertise in shaping policies, practices, and pathways towards a brighter future.
Ad-hoc Group of Experts (AGE) Report on Empowerment of Central Public Sector Enterprises (CPSEs):
- Formation and Leadership:
- The AGE was set up in 2004, with Arjun Sengupta leading the group of experts.
- Recommendations in 2006:
- Greater Autonomy: The report recommended providing greater autonomy for public sector units.
- Independent Boards: Suggested that central PSUs should have truly independent boards empowered to make decisions on various aspects, including mergers, joint ventures, pricing, exports, appointments, selection of dealers, promotions, and employee transfers.
- Reduced Ministry Interference: Proposed that ministries should refrain from interfering in the functioning of PSUs under them. PSU managements should be accountable to the board rather than the ministry.
- Sector-Specific Supervision: Advocated for sector-specific supervisory boards for effective supervision, limiting ministry reviews to twice a year.
- Limited CAG Supplementary Audit: Recommended that supplementary audits by the Comptroller and Auditor General of India (CAG) for PSUs should be an exception rather than the rule, as it delays the publication of audited accounts required by SEBI.
- Reworking Accountability to Parliament: Called for reworking the accountability of PSUs to Parliament to prevent compromising sensitive trade data and impeding their functioning as commercial enterprises.
- Government Response:
- The government accepted some recommendations, particularly those related to enhancing the financial powers of Navratna, Miniratna, and other profit-making CPSEs.
- Remaining recommendations on ownership issues, government company audits, constitutional aspects (Article 12), parliamentary accountability, vigilance, and CPSE management are under examination.
The AGE Report aimed at empowering CPSEs by reducing bureaucratic interference, enhancing autonomy, and optimizing their commercial functioning. Implementation of these recommendations would contribute to a more efficient and independent public sector.
FAQs
Q: What is an Ad-hoc Group of Experts (AGE) Report?
An Ad-hoc Group of Experts (AGE) Report is a comprehensive analysis compiled by a specialized team convened for a specific purpose or issue. This group is assembled temporarily to address a particular problem, provide insights, and propose solutions based on their expertise.
Q: How is an AGE Report different from other reports?
Unlike regular reports, an AGE Report involves the collaboration of experts from diverse fields, ensuring a multifaceted examination of the subject matter. The report typically offers innovative perspectives and recommendations tailored to the specific challenge or task at hand.
Q: Who comprises the Ad-hoc Group of Experts?
The AGE typically consists of seasoned professionals, scholars, researchers, and practitioners renowned in their respective domains. These experts are chosen based on their expertise relevant to the issue under consideration, ensuring a well-rounded evaluation and recommendations.
Q: What are the key components of an AGE Report?
An AGE Report typically includes a thorough analysis of the problem, background information, methodologies employed, findings, conclusions, and recommendations. It may also incorporate case studies, statistical data, and expert opinions to bolster its credibility and relevance.
Q: How are AGE Reports utilized?
AGE Reports serve as valuable resources for policymakers, organizations, and stakeholders seeking informed strategies and decisions. These reports provide evidence-based insights and actionable recommendations, guiding initiatives, policy formulation, and problem-solving efforts in various fields ranging from public policy to scientific research and beyond.
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