EDP Notes

1) SLPEs in Kerala are marginal players in their structure fields. Some sectors like Titanium
have the potential to create fortune 500 SLPEs in Kerala. This policy hopes to convert that dream to
a reality.
2) Government will facilitates strategic tie up with reputed State and Central Government
organizations with a view to tap new markets, technology support and appropriate participation in
growth and development of SLPEs.
3) Government will encourage merging of SLPEs having same lines of business.
4) Government reiterates its commitment to protect productive employment in SLPEs.
5) Professionals will be appointed as Chief Executive Officer (CEO) in SLPEs.
6) To facilitate implementation of the best practices in Board level, Governance of SLPEs,
the Director Boards will be strengthened with representatives of Banks, professional institutions
and domain Specialists.
7) Constitution of Board Level Committees as per relevant statues will be ensured.
8) For effective monitoring of restructuring plan implementation and performance of
SLPEs, an internet based performance Monitoring System will be set up in Public Sector
Restructuring and Internal Audit Board (RIAB).
9) Profitability linked incentive schemes and profit linked incentive schemes will be
implemented mapping with the responsibilities of various organizational levels.
10) Constitution of a state level Core Committee for PSU Restructuring involving bankers
with RIAB as the technical secretariat and constitution of similar SLPE level committees is a step
in strengthening the interface between the SLPEs and the Government.