New KRAs added to CPSE brass’ appraisal

Implementation of revised appraisal guidelines means that chairman and managing director as well as other top-level officials of a CPSE could lose their performance-related pay (PRP) in case they are unable to meet their target in key result areas (KRAs) including rationalisation of subsidiaries or joint ventures, market capitalisation improvement goals, return on capital employed, asset turnover ratio.

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