They need something. I think it’s very difficult to operate in their condition given the personnel strength with which they work. We also need to do a little more to attract good people to come on deputation and we need to give them teeth. We will work on that. Of course, it will be done through statutory intervention.

•The Prime Minister has time and again talked about maintaining sobriety by CEOs while deciding their salaries. How do you propose to tackle this?

It is an issue. Let us see what final view emerges on that. I’m much more interested in redefining and restructuring the role of independent directors. They should be responsible for what they are capable of doing. By the end of the year you’ll find all these issues addressed.

•Regarding the Equal Opportunites Commission, what exactly would your draft focus on?

The draft will definitely not focus on individuals, but on structures, systems and groups of people. That’s the basic theme of the Equal Opportunities Commission. It is not a Commission for individual grievance. The Commission will, of course, also have the diversity index, which is very important for national understanding of what we are trying to do, why we are trying to do it. It’s important to understand what diversity a particular institution has and then use that both as a benchmark and as an aspiration.