NSDC head appoinment row; FinMin sets conditions

The finance ministry has stepped into douse the controversy arising out of the appointment of S Ramadorai as chairman of National Skill Development Corporation (NSDC). According to top government sources, finance ministry circulated a note last week laying down the terms & conditions that the chairman of the NSDC would have to follow reports CNBC-TV18’s Ronojoy Banerjee.

Also Read: Ramadorai's appointment as NSDA head hits roadblock

The first time this controversy arose was specifically with respect to Ramadorai's appointment as chairman to National Skill Development Agency (NSDA). However, in this case the finance ministry is taking preventive steps and that is why they have jumped in. Now, they have also set the specific terms and conditions for the appointment of the chairman of National Skills Development Corporation (NSDC) which incidentally at this point in time Ramadorai is chairing.
According to sources, a note has been circulated across all the board members of NSDC. One of the key condition that the finance ministry has put which says that the chairman will have to take a detailed declaration under the seal and signature that he does not and will not have any financial or any other interest which is likely to affect prejudicially his functions as chairman of NSDC.
These conditions have been circulated with the approval of the Prime Minister himself. The NSDC is going to put this before its board members on the August 22 and will also come with a specific definition of what conflict of interest will be. The conflict of interest that they are likely to lay down would be that in case any of the board members proposal comes up where one of the board members could have an interest then they will have to excuse themselves from the proceedings of the board.
Dilip Chenoy, MD and CEO of NSDC confirmed of board meeting on August 22.