SCOPE Awards given to the various PSEs at Public Sector Day Celebration

The President Smt. Pratibha Devisingh Patil gave away the SCOPE meritorious awards in specialized fields for the year 2009-10 on the occasion of Public Sector Day Celebrations organised jointly by Department of Public Enterprises(DPE) and Standing Conference of Public Enterprises(SCOPE).

Speaking on the occasion the President said that she would like the PSEs to come up with a new viable model of engaging with the farming community that takes into account local conditions, and attracts and creates confidence in farmers by making them stakeholders. In such a model, the corporate sector would become contributors to and, in turn, gain from bringing rural prosperity and enhancing agricultural productivity.

The President gave away the SCOPE Gold trophy to:

• Steel Authority of India Ltd. for Environmental Excellence & Sustainable Development
• Bharat Electronic Limited for Corporate Governance
• Hindustan Petroleum Corporation Ltd. (HPCL) for Corporate Social Responsibility & Responsiveness
• Bharat Heavy Electricals Ltd. (BHEL) for R&D, Technology Development & Innovation
• Indian Oil Corporation Ltd. (IOCL) for best practices in Human Resource Management
• Punjab National Bank (PNB) for best managed bank, financial institution or insurance company
• National Safai Karmacharis Finance & Development Corporation for best managed PSE set up under section 25.

Commendation certificates were given to:

• NMDC Limited for corporate social responsibility & responsiveness
• Central Mine Planning & design institute Ltd. for R&D, Technology Development & Innovation
• Power Finance Corporation for best Managed Bank, Financial Institution or Insurance Company.

The President gave the SCOPE felicitation award to the Maharatna CPSES – Indian Oil Corporation Limited, NTPC Limited, Oil & Natural Gas Corporation Limited and Steel Authority of India Limited. On the occasion, the President also released the Public Sector Flag.

The President also gave away certificates of conferment of Mahartna status to Coal India Limited, conferment of Navratna status to Neyveli Lignite Corporation Limited and conferment of Miniratna status to Pawan Hans Helicopters Limited.