Sudhir Garg, till recently the Union Joint Secretary MSME has been charged with additional portfolio of Chairman and Managing Director of National Small Industries Corporation as an interim measure with effect from October 1, 2018. The inability of the Public Enterprises Selection Board to fill the vacancy with a suitable candidate has paved the way for this arrangement.
The interim arrangement will last for a period of three months awaiting further orders. The course of action leading to this appointment was recommended by the Public Enterprises Selection Board to the union ministry after four of the short-listed candidates to fill the post were found unsuitable.
The MSME ministry exercises administrative control over the NSIC.