Parliament sharpens PSU oversight as India opens up strategic sectors

Parliamentary Oversight of PSUs to Increase, Says COPU Chief

India’s Parliament is set to significantly step up its scrutiny of Central Public Sector Enterprises (CPSEs) through the Committee on Public Undertakings (COPU). The move comes as the government seeks stronger governance and accountability in state-owned companies, especially in strategic sectors such as nuclear energy and rare earths. COPU plans to review nearly two dozen PSUs this term, a substantial increase from previous years.

Our Founder & MD, Mr. Shriram Subramanian, shared his expert perspective, emphasizing that stronger parliamentary oversight can enhance compliance among listed public sector companies, many of which have historically lagged in meeting regulatory standards such as board composition and other SEBI requirements. This intensified scrutiny is expected to drive improved governance and operational efficiency across these enterprises.

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