While presenting SCOPE awards, the president stressed on improvement in performance in domestic and global markets
Jasleen Kaur | April 11, 2016
President Pranab Mukherjee has advised central public sector enterprises (CPSEs) to collaborate and pool their resources to face and overcome competition, in a globally integrated economy.
Mukherjee, while addressing the Standing Conference of Public Enterprises (SCOPE) Meritorious Awards in Delhi, on Monday said that the financial, technical and manpower resources of CPSEs need to be shared to enable better and more optimal solutions in increasingly customer driven markets. “The exceptional human capital available with CPSEs should be harnessed to develop suitable strategies and interventions which lead to improvement in performance and expansion of operations both in domestic and global markets.”
While drawing attention to the need of taking immediate steps to identify and unlock the surplus land available with CPSEs, the president said the same can be used in generating much needed public investments to boost the economy and increase employment opportunities.
Meanwhile, Oil & Natural Gas Corporation Limited was awarded as the best institution in the Maharatna/Navratna category for the year 2010-11, 2011-12, 2013-14. S Varadarajan, CMD Bharat Petroleum Corporation Limited and Nishi Vasudeva, former CMD Hindustan Petroleum Corporation Limited were awarded for Individual Leadership in Maharatna/Navratna PSEs for 2013-14.
SCOPE also awarded a special citation for Outstanding Woman Manager in CPSEs, thus applauding the role of women executives in the public sector. Vartika Shukla, executive director, Engineers India Limited was awarded as the outstanding women manager in PSEs for 2013-14.
Anant Geete, minister of heavy industries and public enterprises said that CPSEs and heavy industry ministry have a vital role to play in making ‘Make in India’ a reality.
UD Choubey, director general, SCOPE said while CPSEs are contributing a lot in the national economy, there is a need for further reforms in the sector. He said that the trend in other economies including those in south Asian countries is moving towards sovereign holding companies. He also said SCOPE will soon start an academy of CPSEs, which will provide training to the critical mass of CPSEs.
Oil & Natural Gas Corporation Limited: Institutional (Maharatna/Navratna PSEs) for 2010-11, 2011-12, 2013-14
SJVN Limited: Institutional (Miniratna I & II PSEs)
S Varadarajan, CMD Bharat Petroleum Corporation Limited: Individual Leadership (Maharatna/Navratna PSEs) 2013-14
Nishi Vasudeva, former CMD Hindustan Petroleum Corporation Limited: Individual Leadership (Maharatna/Navratna PSEs) 2013-14
WAPCOS Limited: Institutional (Miniratna I & II PSEs) 2011-12
R K Gupta, CMD, WAPCOS Limited: Individual Leadership (Miniratna I & II PSEs) 2013-14
Indian Renewable Energy Development Agency Limited: Institutional (Other Profit Making PSEs) 2013-14
NTPC – SAIL Power Company Private Limited (a joint venture of NTPC and SAIL): Institutional (Other profit making PSEs) 2013-14, 2011-12
Vartika Shukla, Executive Director, Engineers India Limited: Outstanding Women managers in PSEs 2013-14
Hindustan Aeronautics limited: Institutional (Maharatna/navratna PSEs) 2011-12
Neyveli Lignite Corporation Limited: Institutional (Maharatna/navratna PSEs) 2011-12
National Seeds Corporation Limited: Special Institutional category (Turnaround) 2011-12
Artifical Limbs manufacturing Corporation of India: Special Institutional Category (Turnaround) 2011-12
GAIL (India) Limited: Institutional (maharatna/Navratna PSEs) 2010-11
Goa Shipyard Limited: Institutional (miniratna I & II PSEs) 2010-11
Petronet LNG Limited (joint venture of Oil and Gas Companies): Institutional Category 2010-11
Cement Corporation of India Limited: Special Institutional (Turnaround) 2010-11
India’s 14th president is going to be former Bihar governor Ram Nath Kovind, a dalit. He triumphed over former Lok Sabha speaker Meira Kumar in the vote count that took place on Thursday. Kovind succeeds Pranab Mukherjee, who demits office on July 25. He becomes the
Dear “Professor” Vice Chancellor, When the clamour is made all around us, and rightly so, about the condition of growing degeneration of quality education in the higher institutions of learning in our country, you have justly – for which you must be
In 2016, 38 bills were enacted in parliament. During that year, on average, the time spent on legislative debate (without interruptions) was 23 percent in the Lok Sabha and 16 percent in the Rajya Sabha (calculated from the PRS Legislative Research data). Time is, however, just one measure
Tyre manufacturer MRF (originally Madras Rubber Factory), which enjoys instant brand recall thanks to the presence of its logo on cricket superstar Virat Kohli’s bat, figures among the most prominent industries in Tamil Nadu. But the state does not figure in its future plans. Like another TN industry
Do you think the Central Water Commission needs to take on the responsibility of irrigation governance?
Is right to privacy a fundamental right? The Supreme Court on Wednesday heard arguments on the contentious issue linked to the Aadhaar debate. Here`s how the issue has been addressed by different countries, with the first reference dating to 1890. The Supreme Court on Tuesday s