Standing Conference of Public Enterprises (SCOPE), an apex body of central PSUs, is mulling setting up an independent training institute for member public sector enterprises (PSEs).

“There have been good suggestions for an academic training institute for entry level and middle level management employees of public sector enterprises and we will look into it,” SCOPE and Steel Authority chairman, C S Verma said today.

He was addressing the media after meeting eastern region SCOPE members after a gap of seven years, marking the revival of the eastern chapter.

The institute could also be used as a knowledge platform for sharing technology, among others, especially for smaller PSEs.

Verma said that there has to be a level playing field.

Smaller PSUs were struggling with issues pertaining to industry, HR, market and technology.

Of the 220 operating central PSUs in the country, 35 were located in the eastern region.

The latest total combined turnover of the PSUs of the east was Rs 1,22,117 crore while 12 were in loss with the total loss at Rs 1,429 crore.

Verma said SCOPE would support PSEs of the eastern region using possible means.

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