Union Cabinet approves amendment to Damodar Valley Corporation Act, 1948 in 2011

This approval is for the reconstitution of the Damodar Valley Corporation with four full time members, namely, Chairman, Member (Technical), Member (Finance) and Member Secretary; and six part time members, namely – one representative from the Central Government; two representatives – one each from the Government of Jharkhand and the Government of West Bengal; three independent experts- one each from the field of irrigation, water supply and generation or transmission of electricity. The Chairman will be the Chief Executive Officer of the Corporation. The posts of Financial Adviser and Secretary will be abolished.

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