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    <title>Need for Continued Adherence to Good Corporate Governance : Deshmukh</title>
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    <description>Continued adherence to good corporate governance and sensitivity to social obligations is urged for CPSEs, with government empowerment of boards and a policy framework providing operational freedom to operate on commercial lines. The Memorandum of Understanding system, described as an effective performance management tool, has been extended to all CPSEs and made more objective to monitor and incentivize outcomes, linking governance reforms and board empowerment to enhanced productivity and competitiveness.</description>
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