The Economic Times

Stronger push for accountability: Evaluation tightened, faltering CPSEs to face strict penalties

New performance rules for central public sector enterprises are now in effect. Strict penalties will be applied for not meeting corporate social responsibility goals. Delays in paying small businesses will also incur penalties. Failure to prepare succession plans will result in mark deductions. These changes aim to boost accountability and support small businesses. The new parameters are set for FY27.