NEW DELHI-New Perspective for Steel Development

NEW DELHI New Perspective for Steel Development B M THE ouster of K C Khanna from the office of the chairman and managing director of the Steel Authority of India (SAIL) and his transfer to the relatively obscure post of chairman of the Mineral Development Board, which he has so far declined to accept, has caused a flutter among top managements of public sector enterprises. Khanna was after all, regarded as a man with pull and connections in the highest quarters and had won kudos for executing the Kudremukh iron ore project which had been personally assigned to him by the Prime Minister herself. What then happened for Khanna to so suddenly lose his good standing with the powers-that-be? So much so that he was not even remotely aware of what was in store for him till he was actually .served with the sack order.