NALCO to hire 11,000 people in near future

NALCO says that it would offer cashless model to help MSMEs

GN Bureau | July 3, 2018


#NALCO   #PSU  

Considering the fact of three-fold growth in the consumption of steel and aluminium by 2030, NALCO CMD Tapan Kumar Chand has asserted that skilled manpower will be highly valued because of the improvement in the sector.

He said, “The pattern of employment is undergoing a drastic change. The skill sets need to be realigned to meet the demands of the industries and cutting edge technology will provide the competitive edge.”

Stressing on the importance of generating employment, he said, ‘’As Aluminium sector is expected to grow substantially, NALCO is geared up for the next wave of expansion. Over 11,000 people will be recruited by NALCO in the near future and we will shortlist the candidates from UPSC screened list. We will not take written test for these candidates since they have already been screened by the UPSC.’’

He said, “Out of Rs 28,000 crores that is planned to be pumped in for expansion, NALCO has already committed around Rs 8,000 crores for expansion of various mega projects to generate employment.’’

He lauded the contribution of the micro, small and medium enterprises (MSMEs) for their role in creating employment opportunities for nearly 15 lakh people in Odisha, but opined the MSMEs were limited by their ability to leverage purchasing power parity and lack of brand recognition. To address such issues, he said, “We are ready to offer cashless model to help the MSME players and lend NALCO’s credible brand name for their sustainability. All of us must come together to foster entrepreneurship of small and medium enterprises. There is huge scope as India is poised to be the third largest economy, leading to huge increase in the GDP.”
 

Comments

 

Other News

The missing men in India`s family planning story

Every pregnancy requires two people. Yet India`s family planning programme continues to ask only one of them to bear almost all of its medical consequences. The newly released National Family Health Survey-6 (2023-24) confirms just how entrenched this asymmetry remains: 36.5% of currently married women a

`Development must be judged beyond GDP, with rights and justice at core`

Delivering the IXth Chief Justice M.C. Chagla Memorial Lecture on ‘Human Rights and Sustainable Development Goals’, in Mumbai Friday,  former Chief Justice of India Bhushan R. Gavai questioned whether conventional economic indicators such as gross domestic product (GDP), national income,

RTI exposes Rs 16,909 crore cost blowout on Mumbai-Goa Highway

Seventeen years after the centre first approved the widening of National Highway 66 between Mumbai and Goa into a four-lane highway, a fresh RTI reply has revealed a sharp escalation in the project`s sanctioned cost.   According to the RTI reply obtained by activist Jeetendra

"India`s semiconductor ecosystem is expanding rapidly"

Prime minister Narendra Modi on Thursday inaugurated SEMICON India 2026 in New Delhi. Addressing the occasion and highlighting the significance of the event`s fifth edition, the PM drew a parallel between the launch of Semicon India and Vishwakarma Diwas. He pointed out the beautiful coincidence of

Cabinet approves raising EPFO wage ceiling from Rs.15,000 p.m. to Rs.25,000

The union cabinet, chaired by the prime minister, has approved the proposal of the Ministry of Labour & Employment to enhance the wage ceiling for mandatory coverage under the Employees’ Provident Fund Organisation (EPFO) from Rs.15,000 to Rs.25,000 per month. The decision is expected to bring

UPI continues to remain free for peer-to-peer transactions: Finance Ministry

The new UPI framework introduced has no impact on any person to person transactions, and UPI will continue to remain completely free for all person-to-person transactions, irrespective of the amount transferred, the finance ministry clarified on Tuesday.   Payments to merchan

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter