<p>The decision to facilitate the running of DVC in line with modern corporate practices was taken by the Union Cabinet.<br /><br />Under the proposed structure, the DVC board will have four full-time members, including Chairman, and six part-time members, including those representing the Centre and the state governments of Jharkhand and West Bengal.<br /><br />The part-time members will also include independent experts in the field of irrigation, water supply and electricity transmission, an official statement said. The Chairman will also be CEO of the Corporation which was constituted by an Act of Parliament in 1948. It was mandated with authority and autonomy for an integrated development of Damodar River Valley.<br /><br />The bill to amend Damodar Valley Corporation Act will be introduced in the ensuing session of Parliament, it said. The changes in the management structure are brought about as per recommendations of a study conducted by the Hyderabad-based Administrative Staff College of India (ASCI).<br /><br />As per the current organisational structure of the company, there is a Chairman and two members representing Jharkhand and West Bengal. Over the last more than sixty years, the role and expectations from DVC have changed significantly due to industrial development in the valley area.<br /><br />The proposed amendment shall broad base and professionalise DVC by bringing outside professional independent experts to discharge its responsibilities more effectively and efficiently.</p>
<p>The decision to facilitate the running of DVC in line with modern corporate practices was taken by the Union Cabinet.<br /><br />Under the proposed structure, the DVC board will have four full-time members, including Chairman, and six part-time members, including those representing the Centre and the state governments of Jharkhand and West Bengal.<br /><br />The part-time members will also include independent experts in the field of irrigation, water supply and electricity transmission, an official statement said. The Chairman will also be CEO of the Corporation which was constituted by an Act of Parliament in 1948. It was mandated with authority and autonomy for an integrated development of Damodar River Valley.<br /><br />The bill to amend Damodar Valley Corporation Act will be introduced in the ensuing session of Parliament, it said. The changes in the management structure are brought about as per recommendations of a study conducted by the Hyderabad-based Administrative Staff College of India (ASCI).<br /><br />As per the current organisational structure of the company, there is a Chairman and two members representing Jharkhand and West Bengal. Over the last more than sixty years, the role and expectations from DVC have changed significantly due to industrial development in the valley area.<br /><br />The proposed amendment shall broad base and professionalise DVC by bringing outside professional independent experts to discharge its responsibilities more effectively and efficiently.</p>