"Father of PSUs in India" V. Krishnamurthy Passed Away

Venkataraman Krishnamurthy, an Indian civil servant known as the "Father of Public sector undertakings in India" has passed away on 26 June 2022.

He was well-known for his leadership and successful contribution in turning around Bharat Heavy Electricals Limited (BHEL), Maruti Udyog Limited (MUL), Steel Authority of India Limited (SAIL), and GAIL (India) Limited (GAIL) into the most profit making industry in India and globally.
He also worked with India's first Prime Minister Jawaharlal Nehru at the Planning Commission from 1954 in the Second Five Year plan in-charge of power projects and then with former Prime Ministers Lal Bahadur Sastri, Indira Gandhi, Morarji Desai, Rajiv Gandhi and Manmohan Singh in various positions in the Government of India.
He was awarded with the Padma Shri, Padma Bhushan and Padma Vibhushan.
He was also awarded with ‘The Grand Cordon of the Order of the Rising Sun’ by Japan.