It is seen that 4 Independent Directors for BSNL have been appointed by the government of India for a period of three years. It is also stipulated that their TA and DA for attending the meetings will be paid as per rules.
BSNL is a 100% government owned company and for many years there was no Independent Director. It was functioning well. When the BSNL is facing severe financial problems and even medical bills / medical allowance are not being paid, what is the necessity of Independent Directors ? What is their duty? Why unnecessary expenditure ?