India’s Centre has tightened FY27 performance norms for central public sector enterprises, linking accountability to measurable outcomes. CPSEs can lose full marks if they miss mandatory CSR activity targets or breach MSME procurement and payment requirements, including failing to disclose unpaid bills in annual reports. The evaluation also penalises gaps in succession planning through mark deductions, and adds a heavier focus on R&D and innovation, especially for firms with import dependence. The Centre circulated the guidelines this month under a committee chaired by the cabinet secretary.
The Department of Posts aims for a Rs 4,000 crore revenue increase this year, building on a Rs 2,100 crore rise in the previous fiscal year. Officials say post offices are being reshaped into profit centers, with operational changes like 24-hour delivery and longer hours, alongside tighter accountability and performance monitoring to sustain growth.
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A West Bengal police officer’s candid bike ride video has gone viral after the polls, sparking debate over police neutrality and accountability. In the clip, she addresses public criticism and says her role is to follow government directives, raising uncomfortable questions about how officers distance themselves from past actions and what citizens should demand in a democracy.
India’s governance is being judged by optics, not outcomes. Editorials point to archaeology and housing projects launched with fanfare, yet facing a hard reality: key staff are missing and homes may be finished but lack basic services like toilets and electricity. The gap between official claims and lived conditions signals mismanaged resources and development that looks good on paper, not in homes.
HDFC Bank’s chair exit has triggered fresh calls for accountability, with experts urging the formation of a committee of independent directors to examine what led to the move. The push suggests concerns about governance clarity and potential internal disagreements, while others frame it as a chance to reset leadership priorities and strengthen oversight.
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