EY to evaluate 50 public undertakings against private rivals in T.N.
The HinduThe Tamil Nadu government has chosen Ernst & Young, a multinational consultancy firm, as a consultant for the financial and operational analysis of 50 selected Public Sector Undertakings in the State. The objective is the financial and operational analysis of past and current performances, through annual/quarterly reports, current board notes, medium-term vision statements and the performance trends of the PSUs and Statutory Boards under Bureau of Public Enterprises in Tamil Nadu. The consultant will study the past performance of about 50 selected enterprises based on published or readily available data for the last 10 years and benchmark performances with those of private sector competitors, taking half the number of selected enterprises, in a cycle of three months. The consultant will also simultaneously start work on current performance of all the State PSUs and Statutory Boards under the Finance Department.
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