Parliamentary panel on finance suggests task force to fill 38 vacant DIPAM positions

A parliamentary panel on finance has suggested forming a task force to fill 38 vacant positions within the Department of Investment and Public Asset Management (DIPAM). This move comes after the panel highlighted a significant 43 percent vacancy rate within DIPAM, which severely impacts the department's ability to manage public assets worth over Rs 42.76 lakh crore. The task force is expected to address the shortage of skilled personnel and help DIPAM effectively manage its vast portfolio of public assets. This development is significant for the economy as it could…

Why it matters

The vacancy rate in DIPAM affects its management of public assets. This could lead to inefficiencies in the department's operations, but the impact on the market is unclear.

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