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SCOPE launches SCOPE Economic Forum

SCOPE has launched “SCOPE Economic Forum” to brainstorm on various important Economic and Regulatory policy issues at National as well as Global level from Public Sector perspective. The first meeting of the forum was addressed by Mr. Atul Chaturvedi, Chairman, PESB and Dr. U. D. Choubey, Director General, SCOPE. Select Directors, Executive Directors & General Managers of CPSEs participated in the meeting held on Friday the 31st October 2014 at SCOPE Convention Centre.

Mr. Chaturvedi while launching the Forum said that developing better understanding of domestic and global economic environment is imperative in the present times for the CPSEs to set and achieve the Global Benchmarks in a seamless world of business. He urged the participants to make the Forum effective with intellectual and innovative inputs and help in widening the knowledge base.

Dr. U.D. Choubey, DG, SCOPE in his address said that SCOPE in its endeavor to achieve excellence in CPSEs has formed this Forum which will act as a “Think Tank” to brainstorm on various economic and policy issues and analyze their impact on the functioning of CPSEs. The Forum would also focus on the issues for improving the Rural Economy. He said SCOPE vision is to take the forum to a higher level like World Economic Forum in due course of time.

The Forum will consist of 5 patrons including Chairman SCOPE & PESB Chairman. Dr. U. D. Choubey, DG, SCOPE will be the Member Secretary of the Forum besides 12 Members on Advisory Board. Dr. Sanjay Dham, General Manager (Corporate Planning), Indian Oil Corporation will be the coordinator of the Forum. Power Sector being a crucial sector of the economy, it was decided that to bring out a policy document on reforms in power sector by January 2015. 

Ne w Delhi,
November 5, 2014
Hon’ble President Shri Pranab Mukherjee Presents SCOPE Meritorious Awards to CPSEs

Hon’ble President of India, Shri Pranab Mukherjee presented the SCOPE Meritorious Awards in Specialized Fields to the best performing CPSEs and addressed the Chief Executives during  the SCOPE Meritorious Awards Presentation Ceremony organized jointly by Standing Conference of Public Enterprises (SCOPE) and Department of Public Enterprises (DPE) here today.

Shri Anant Geete,   Hon’ble Union Minister of HI&PE, Shri P. Radhakrishnan, Hon’ble Minister of State for HI&PE, Shri C.S. Verma,  Chairman, SCOPE,  and Dr. U.D. Choubey, Director General, SCOPE, also addressed the function.

 Hon’ble President presented Gold Trophies of the SCOPE Meritorious Awards to SAIL (Environmental Excellence & Sustainable Development);  BPCL (Corporate Governance), IOCL (CSR & Responsiveness); HAL (R&D, Technology Development & Innovation); BEL (Best Practices in Human Resource Management); PFC (Best Managed Bank, Financial Institution or Insurance Company); and   NSKFDC  (Best Managed Bank Set up under Section 25).

Commendation Certificates were presented by Union Minister of HI&PE to OIL  (Environmental Excellence & Sustainable Development); WAPCOS (Corporate Governance); IRCON International Ltd (CSR & Responsiveness);  REIL (R&D Technology Development & Innovation);  THDC India Ltd ( Best Practices in Human Resource Management).  

EIL, NBCC and CONCOR were felicitated on becoming Navratna PSEs and were presented Gold Trophies.

SCOPE Meritorious Awards are highly prestigious in areas of economy and other segments of corporate governance and management, to encourage and motivate PSEs to achieve higher goals of excellence and performance.

Photo Caption:  Winners of the SCOPE Meritorious Awards  with Shri Pranab Mukherjee, Hon’ble President of India, Shri Anant Geete, Hon’ble Union Minister of HI&PE, Shri P. Radhakrishnan, Hon’ble Minister of State for HI&PE, Shri K.D. Tripathi, Secretary, DPE, Shri C.S. Verma, Chairman, SCOPE, Shri K.L. Dhingra, Vice Chairman, SCOPE and Dr. U.D. Choubey, Director General, SCOPE at the SCOPE Meritorious Awards Presentation Ceremony organized jointly by SCOPE and DPE at Vigyan Bhawan, New Delhi.  The Winners of the SCOPE Meritorious Awards were SAIL, BPCL, IOCL, HAL, BEL, PFC, NSKFDC.  Commendation Certific.

November 5, 2014
Hon’ble President Presents SCOPE Meritorious Awards to CPSEs

New Delhi,  The President of India, Shri Pranab Mukherjee presented the SCOPE Meritorious Awards today and addressed the top echelons of India’s economic policy makers, Chief Executives, Directors and Senior Executives of PSEs who gathered for the Awards Presentation Ceremony organized by Standing Conference of Public Enterprises (SCOPE) and Department of Public Enterprises (DPE). Union Minister of HI&PE Shri Anant Geete, Minister of State for HI&PE Shri P. Radhakrishnan, Chairman, SCOPE, Shri C.S Verma, and Director General, SCOPE, Dr. U.D. Choubey also addressed the participants.

Speaking on the occasion, the President complimented SCOPE for its initiative in instituting the SCOPE Meritorious Awards with the objective of identifying and recognizing outstanding performers in various segments of business activity.  The President commended the performance of CPSEs.  He said, “As envisaged at the time of their creation, they have proved to be the backbone of our developmental effort and rightly recognized as drivers of growth in infrastructure and other critical sectors of the economy”.

Making a special mention about ‘Make in India’ campaign of the  Government to transform India into a truly world-class, global manufacturing hub, the President said that CPSEs have a vital role in making this a reality as over the years, they have established excellent manufacturing facilities in various parts of the country. He  advised to “critically re-appraise existing systems and procedures and develop newer, more efficient ways of doing business with a view to taking full advantage of the latent potentialities that exist, both on  the material and human front, in your organizations”.   

The President said that the CPSEs have, over time, contributed greatly towards fulfilling their Corporate Social Responsibility obligations. They have actively partnered Government in implementing its social and economic policies. He was confident that they would continue to take the lead in the ‘Swachh Bharat’ campaign and other socially oriented schemes being launched by the Government.  

Addressing the gathering, the Minister of HI&PE Shri Anant Geete said CPSEs in India have been synonymous with industrial growth of the country. CPSEs have been augmenting the government resources through dividends, taxes and duties, etc. and thus playing the role of wealth generator for the government as well as our citizens.  He hoped that the management of CPSEs will continue to take proactive steps in improving the performance of their respective CPSEs and the Government on its part, will continue to extend requisite support to CPSEs so that they can play an even bigger role in the economic and industrial development of the country. 
Shri P. Radhakrishnan, MOS HI&PE said CPSEs have successfully faced various challenges since their inception and it is our solemn obligation to ensure that they continue to grow and prosper as a strong and profitable public sector, which will ultimately result in overall development of the country.  He said CPSEs have also been playing a key role in implementation of policies for inclusive growth of country.  Their appraoch towards CSR planning is  based on long term sustainable development. He complimented Public Sector Fraternity for demonstrating their commitment towards “Swachh Bharat Mission".

Mr. Radhakrishnan said CPSEs  have always placed major thrust on human resource development. They have set up skill development and training institutes to cater to their requirement. They are also engaged in construction of infrastructure for schools, polytechnics, etc. for their employees and also for people living around their units. They should give further thrust to education, training and skill development which will help in achieving ‘Make in India’initiative of the government.

Mr. C.S. Verma, Chairman, SCOPE in his welcome address said since 1991, CPSEs have registered 17 times growth in turnover, which is 20 % of India’s GDP.  Their net worth have grown by 15 times and net profit by 51 times.  They are committed to the social progress of the government and are playing a major role in projects like Clean India Campaign.  CPSEs have already earmarked a major chunk of their CSR Budget towards this mission.

He said that  SCOPE has been striving and advocating for another round of policy initiatives for grant of further operational and financial autonomy to PSEs.  Empowering of PSEs as commercial entities and their Boards to take pro-active strategies  and ensure their implementation is the need of the hour.

Dr. U.D. Choubey, DG, SCOPE in his vote of thanks said that PSEs have been partnering with the nation in its socio economic goals and reaffirmed the commitment on behalf of PSEs to come to the expectations of the nation.  He said the post meltdown trend worldwide has been to relinquish ownership rights and control by administrative ministries and create a supreme sovereign department or a sovereign wealth fund for PSEs for investing in equity in domestic and international markets. A change in governance, management and operational and compensation flexibility are almost surely needed in India to improve the functioning of most PSUs, Dr. Choubey said.

Hon’ble President presented Gold Trophies of the SCOPE Meritorious Awards to SAIL, BPCL, IOCL, HAL, BEL, PFC and NSKFDC. EIL, NBCC and CONCOR, the New Navratna CPSEs,  were also felicitated and were presented Gold Trophies. SCOPE Commendation Certificates were also awarded by Shri Anant Geete, Hon’ble Minister of HI&PE  to OIL, WAPCOS, IRCON, REIL and THDC. 


Oct 15, 2014

The Vice President of India Shri M. Hamid Ansari released a book entitled “Untold Story of the Indian Public Sector” authored by Dr. U.D. Choubey, the Director General of SCOPE (Standing Conference of Public Enterprises) here today. Addressing on the occasion, the Vice President said that in our country, people in high positions remain shy in sharing their experiences. Dr Choubey has done a commendable job in penning down his vast experience in Public Sector. The book throws light on various aspects of working in Public Sectors. He congratulated the author for bringing out such a useful book for enlightenment of people.

The book provides a clear presentation of the overall environment and workings of the Public Sector that the author experienced. It is up-to-date, often forthright, and futuristic. Millions of young men and women today aspire to join the esteemed ranks in Indian Public Sector to contribute to the creation of a new nation. Unfortunately, over the years the Public Sector has seen tremendous denigration. 

2nd October 2014
SCOPE Launches Cleanliness Drive under SWACHH BHARAT MISSION

SCOPE organized Cleanliness Drive as a part of Swachh Bharat Mission coinciding with the birth anniversary of Mahatma Gandhi here today. The entire mission was laid by Mr. C.S. Verma, Chairman, SCOPE and Chairman, SAIL and Dr. U. D. Choubey, Director General, SCOPE with participation from large number of representatives from public sector enterprises and SCOPE employees. They paid floral tribute to the Father of the Nation before starting the cleanliness drive. 

On the occasion, Mr. C.S. Verma, Chairman, SCOPE administered the Pledge for cleanliness to all the representatives of PSEs.  He urged them to follow the same in letter and spirit in line with the nationwide drive of Swachh Bharat Mission. 

29th August 2014.
SCOPE Programme on Global Leadership

Mr. Atul Chaturvedi, Chairman, Public Enterprises Selection Board (PESB) inaugurated the Programme on Global Leadership. Mr. C.S. Verma, Chairman, SCOPE & Chairman, SAIL and Dr. U.D. Choubey, Director General, SCOPE also addressed the Program. It was organized by SCOPE with external resource from IIM - Calcutta.

August 1, 2014

SCOPE for Further Reforms in Public Sector Enterprises

Speaking in the inaugural session of the two-day Seminar on Companies Act, 2013 organized by ICSI, Dr. U.D. Choubey, Director General, SCOPE, complimented the government for bringing  Companies Act 2013. He also  advocated for bringing further reforms in the governance of public sector enterprises. Accountability of both the owner (government) and the  Boards of PSEs is essentially required to improve over all governance\, he added.

Dr. Choubey also pleaded for convergence of various regulatory mechanism which is highly complex and heterogeneous. Advocating the need for corporate social responsibility and inclusiveness, he highlighted the enormous contribution of social component by PSEs.


16th July 2014

SCOPE Calls for Faster Project Execution

While inaugurating the Workshop on Project Management, Dr. U.D. Choubey, Director General, SCOPE, called for a multi-pronged approach towards achieving project excellence in view of the huge capital investment of Rs. 2.47 lakh crore provided to public sector enterprises in the Union Budget 2014-15. The Workshop was jointly organized  by SCOPE and  Project Management Associates (PMA) here today. 

Dr. Choubey said that a Project Manager  has to play an important role in creating  the  brand image of the company  by  executing the project without any time or cost overruns. He informed that there is dearth of sufficient number of trained qualified project managers in the country and priority should be given on   capacity building of the  Managers. The Project Management has gone a sea change and the delay of  projects  have  tremendous impact on the economy of the country, he added.

Dr. Choubey said PMA has a larger role to play by way of not only certification course but also international accreditation for various organizations particularly the public sector enterprises.

12th July 2014
SCOPE’s View on Union Budget 2014-15

Dr. U.D. Choubey, Director General,  SCOPE, the apex body of PSUs,  complimented Union Finance Minister for envisaging long term economic growth instead of short term which is most common practice in political economy.  He appreciated the statement of the Finance Minister that “It is the beginning and not the end”. Dr.  Choubey   also recognized that implications of the Budget has been largely welcomed by the public sector fraternity because of encouragement to manufacturing, power and infrastructure sectors.

On PPP Model, Dr. Choubey cautioned that our earlier experience for PPP model requires retrospection.  He also advocated that over and above developing 100 Smart Cities, there is need to develop 10,000 Smart Villages to improve the rural economy.           For meeting the  deficit target of 4.1%, he was of the opinion that instead of disinvestment of PSUs, other ways should be examined by way of improving the productivity and overall governance.


New Delhi
11th July 2014

SCOPE’s View on Union Budget 2014-15 Implications

SCOPE organized its Post-Union Budget Seminar on "Implications of Union Budget 2014-15) here today.  Padma Bhushan Dr. M.B. Athreya, Management Guru, Dr. U.D. Choubey, Director General, SCOPE, Dr. N.R. Bhanumurthy, Professor, NIPFP, Mr. R.P. Tak, CMD, Cement Corpn. of India, Mr. Raju Kumar, Partner (T&RS) and Mr. Bipin Sapra, Partner (TC&E), Ernst & Young addressed the Seminar. Dr. U.D. Choubey, DG, SCOPE on the occasion complimented Union Finance Minister for envisaging long term economic growth instead of short term which is most common practice in political economy. For meeting the deficit target of 4.1%, Dr. Choubey was of the opinion that instead of disinvestment of PSUs, other ways should be examined by way of improving the productivity and overall governance. 

New Delhi
20th June 2014

SCOPE For Energy Saving

In a time when Delhi is fighting with energy crisis, timely initiative and continuous monitoring by SCOPE have brought down the energy consumption substantially in the two towers of SCOPE at Lodhi Road and Laxmi Nagar, said Dr. U.D. Choubey, Director General, SCOPE. These two towers accommodate Corporate/Regional offices of 65 public sector enterprises. The maintenance of the buildings is looked after by a professional team of SCOPE engineers.   

According to Dr. Choubey, the power consumption  have been brought down from 31.98 million units  in 2012-13 to 30.75 million units in 2013-14, a saving of 1.23 million units.  The fuel consumption also came down to 15,577 ltr in 2013-14 from 20,078 ltr, recording a reduction of 22% over the previous year.  The piped natural gas consumption has also been brought down.

Dr. Choubey also said that SCOPE has fixed a target for 10% reduction in energy consumption for the next year.

22nd May 2014

SCOPE for Adoption of Integrated Risk Management Measures in CPSEs

SCOPE and Price waterhouse Coopers (PwC) jointly organized Seminar on “Enterprise Risk Management” for senior executives of public sector enterprises here today. Dr. U.D. Choubey, Director General, SCOPE inaugurated the Seminar and addressed the delegates.  Mr. R.P. Tak, CMD, Cement Corporation of India (CCI) and Mr. Sivarama Krishnan, Exe. Director, PwC also addressed the session.   

Inaugurating the Seminar, Dr. U.D. Choubey, DG, SCOPE said that in the globalized and market driven environment today, risk management has become very crucial as the companies are exposed to various kinds of  financial and natural risks in business. He warned the enterprises that if risks are not identified and  monitored properly, these can affect their performance goals and sustainability before they finally become redundant.

Dr. Choubey  also informed the participants  that returns in any form – revenue, profit, growth and success -  are directly linked to the level of risks.  There is, therefore,  need to build adequate risk management mechanism as contained in the Companies Act 2013, SEBI Guidelines, and Guidelines on Corporate Governance issued by DPE.

Mr. R.P. Tak, CMD, CCI, in his address said effective risk management is a part of corporate governance.  He said Governance demands that the affairs of the companies are  carried out in such a way  to ensure that the interests of the stakeholders are protected to the best of management’s ability.  
Mr. Sivarama Krishnan, Executive  Director, PwC in his address said that risk management system is a thought process model and leads the organization to path of progress.

16th May 2014

SCOPE Organizes Workshop on Performance Appraisal in CPSEs

NEW DELHI . Speaking on the occasion, Dr. U.D. Choubey, Director General, SCOPE highlighted the importance of the Performance Appraisal and added that potential Appraisal System has become more important to identify those employees who could share the higher responsibilities. This will help a better succession planning and it should be given top most priority in public sector enterprises.

Dr. Choubey informed that succession planning is on weak footing in public  enterprises and there is need for faster filling of positions at higher responsibility including Board level decisions and that of CEOs.


12th May 2014

Dr. U.D. Choubey Nominated as Member of Central Board for Workers Education

Dr. U.D. Choubey, Director General, SCOPE has been nominated as Member, Central Board for Workers Education by the Government of India, Ministry of  Labour & Employment for a period of 3 years.   As Director General of  SCOPE, the apex  body of PSEs, Dr. Choubey has played a major role in promoting excellence in public sector enterprises

3rd May, 2014

SCOPE Board calls for ‘Holding Company’ to manage ownership in PSEs

Executive Board of SCOPE led by Mr. C.S. Verma, Chairman, SAIL and SCOPE and Dr. U D Choubey, DG, SCOPE met at Bangalore on 2nd May 2014.  Key issues for enhanced functioning of CPSEs were deliberated during the meet which include, measures for enhanced autonomy to PSE Boards, succession planning, talent management, and corporate governance. 

The Board emphasised on measures for greater autonomy and efficiency of CPSEs through further reforms aimed at separating the management from ownership in these organisations.  This was the need of the hour, keeping in view the challenges of the dynamic market conditions, they said.  Discussions in favour of a holding company to represent government ownership to start with major CPSEs viz. Mahartnas & Navratnas was emphasized upon.  The concept of a holding company was discussed on lines already successfully operating globally, such as Temasek of Singapore which was incorporated in 1974 to hold and manage investments and assets previously held by the Singapore government, leaving the Ministry of Finance to focus on its core role of policy making and regulations. 

In addition, further course of action was deliberated to set up a Public Sector Academy for training and capacity building of new recruits and Refresher courses for middle level executives of PSEs.  SCOPE also decided to organize & facilitate an international tour to study the global best practices of managing State-Owned Enterprises in major economies like China and Singapore during this meet.

The highlights of performance and contribution of CPSEs was also circulated on the occasion which includes; a net profit of Rs. 1.15 lakh crores in FY’13; Net Worth of Rs. 8.67 lakh crores (as on 31st March, 2013) with an investment of Rs. 8.51 lakh crore (as on 31st March, 2013).  CPSEs have made a contribution of Rs. 1.63 lakh crore during FY’13 to the Central Exchequer and have a turnover equivalent to 20%-24% of India’s GDP in the recent years.  They remain one of the major employers in the country providing employment to around 14 lakh employees. 


New Delhi,
4th April 2014

SCOPE Convention Centre/Banquet Hall Opened for CPSEs at SCOPE Minar Complex
DMr. C.S. Verma, Chairman, SCOPE & Chairman, SAIL inaugurated the newly built Banquet Hall of the SCOPE Convention Centre at SCOPE Minar Complex, Laxmi Nagar, Delhi in the presence of Dr. U.D. Choubey, Director General, SCOPE today. Members of the Maintenance Management Organization (MMO) and senior executives of SCOPE were also present on the occasion. Mr. Verma said upgraded facilities of SCOPE Convention Halls is now open for holding Conferences, Seminars, Board Meetings etc. by PSEs.

A large number of CPSEs will be using the Convention Centre facilities for organizing the Meetings and other programmes. The SCOPE Minar houses offices of around 40 CPSEs. April , 4 , 2014.

New Delhi,
23 March  2014

SCOPE Workshop on  Global CSR Practices

Standing Conference of Public Enterprises (SCOPE) organized an Interactive Workshop on Effective Implementation of CSR activity worldwide. The Capacity Building Programme was organized in academic collaboration with European Institute for Asian Studies (EIAS) and International Labour Organization (ILO).  Ms. Kusumjit Sidhu, IAS, Secretary,  Department of Public Enterprises, inaugurated the Programme.  Dr U.D. Choubey, Director General, SCOPE, Mr. Axel Goethals, CEO, EIAS, and Mr. Gotabaya Dasanayaka, Senior Specialist, ILO, also addressed the Inaugural Session.

Dr. U.D. Choubey, Director General, SCOPE while addressing the inaugural session  said that with the globalization of Indian economy and revolution in internet technology, the expectations of people from the business entities have gone very high.  Corporates, therefore, need to coin a parallel vision for their business and society. He said, worldover, the concept of creating shared value i.e. integration of business and social needs is gaining ground.  Public Sector Enterprises (PSEs) have been playing an exemplary role as good corporate citizens.  They have been fulfilling their social and welfare obligations with transparency and commitment.


New Delhi,
12  March  2014

SCOPE Organizes Seminar on “Wellness, Happiness and
Health &   and Medical Camp for Public Sector Employees

SCOPE, the apex body of PSEs and the World Wellness Foundation (WWF) jointly organized a Seminar on “Wellness, Happiness and Health: A Way to Nirvana (Indo-US Dialogue) for the employee of public sector enterprises at the SCOPE Convention Centre, New Delhi today.  The Seminar was addressed by Dr. U.D. Choubey, Director General, SCOPE, Dr. Rick Levy, President, The Levy Centre for the Healing Arts, USA, Dr. H.K. Chopra, President, WWF and Senior Consultant Cardiologist, Moolchand Medcity and Ms. Ketki J. Anantpure,  Nutrition Advisor,  Pune.   On this occasion, a medical camp for  blood sugar and blood pressure check up  was also  organized for PSEs employees.

Photo Caption: Dr. U.D. Choubey, Director General, SCOPE addressing the Seminar on "Wellness, Happiness and Health : A Way to Nirvana (Indo-US Dialogue) jointly organized by SCOPE, the apex body of public sector enterprises and World Wellness Foundation at SCOPE Convention Centre New Delhi.

6 to 8 March 2014

DG, SCOPE Addresses Media Persons at Jaipur

Dr. U.D. Choubey, Director General, SCOPE addressed the media persons on 6th March 2014 at Hotel Clarks Amer, Jaipur.  He was in Jaipur to address the CEOs/Directors and senior executives of public enterprises during the Interactive Session on “Implementation of RTI Act 2005 in CPSEs” and Workshop on “The Board Interview”  organized by SCOPE from 6th to 8th March 2014 in Jaipur.

Dr. Choubey informed the media that  RTI Act 2005 has tremendously enhanced the image of the country and the CPSEs the world over.   The Act has helped in containing the corruption and bringing more transparency in the working of CPSEs. He, however, emphasized the need for capacity building of CIC so that huge backlogs of appeals are removed.

Dr. Choubey urged for level playing field between public sector and private sector.  He said since lot of public money is being spent by private corporate institutions, NGOs, and  in public-private partnership projects, RTI should also  be extended to them for bringing transparency and accountability.

Briefing about the Workshop on  “The Board Interview”, Dr. Choubey said that it is one of the most prestigious programmes of SCOPE which is grooming effective leaders in PSEs by facilitating their transition from the role of a senior management level to that of a Board level position.

Dr. Choubey emphasized the need of appointing yet another Expert Committee for review of Corporate Governance norms in the country. He informed that the world over in the post-recession period, the developed and developing nations are bringing out drastic reforms in Corporate Governance by way of creation of Sovereign Committees and also Sovereign Wealth Fund to help the PSEs.

Speaking on the empowerment of PSEs, Dr. Choubey said that SCOPE’s emphasis has been that autonomy is a key in management of PSEs and there is need for complete separation of ownership (government) and Board level Management (PSEs). Ownership should not transgress into the management domain and there should be a balance between autonomy and State control, he added.

While briefing about SCOPE, Dr. Choubey  said that the apex body is  promoting excellence in public sector and  bringing greater professionalization of PSEs Boards, improving their Corporate Governance  and encouraging them to explore new horizons in the global market.

New Delhi,
6 Feb, 2014

SCOPE Programme on “Key Managerial Personnel

SCOPE and The Institute of Company Secretaries of India (ICSI) jointly organized a two-day Programme on “Key Managerial Personnel under the Companies Act 2013”. Dr. U.D. Choubey, Director General, SCOPE inaugurated the Programme which was also addressed by  Mr. Nesar Ahmed, Immediate Past President, ICSI  and Mr. M.S. Sahoo, Secretary, ICSI.

While inaugurating the Programme, Dr. U.D. Choubey, DG, SCOPE observed that the Companies Act 2013 may require revisit after some time because of trend in Corporate Governance norms the world over.

New Delhi,
29th-30th January 2014

Program on "Environment & Safety – Prevention and
 Management of Chemical Accidents"


SCOPE organized the 8th Program on “Environment & Safety – Prevention and Management of Chemical Accidents” on 29th-30th January 2014 at SCOPE Convention Centre, New Delhi.  The Program was sponsored by the Ministry of Environment & Forests (MoEF),  Govt. of India.

Dr. Muzaffar Ahmad, Hon’ble Member (in the rank of Union Minister of State,. National Disaster Management Authority (NDMA) inaugurated the program and addressed the participants.  Dr. Ahmad also delivered a Special Address on “Chemical Emergency Planning (Preparedness & Response) Rule 1996 vis-à-vis NDMA Chemical Disaster Management Planning for Industry – Scope and Role Clarity in Execution”. Mr. Sushil Kumar, IAS, Addl. Secretary, MoEF and Member, Central Pollution Control Board, delivered the Keynote address.  Dr. U.D. Choubey, Director General, SCOPE delivered the Welcome address. Mr. B.B. Chakraborty, Program Director shared the Program perspective.

 Mr. B.B. Pattanaik, MD, Central Warehousing Corporation and Member, SCOPE Executive Board delivered the Concluding address. The Program was attended by a large number of senior and middle level executives of public enterprises.

While delivering the Inaugural address, Dr. Muzaffar Ahmed, Hon’ble Member, NDMA said that  after paradigm shift from relief to prevention of chemical accidents, role of Government, Local Community, Hazardous Units, NGOs and Chemical Industrial Associations etc. has become crucial.  He mentioned that  chemical accidents are of low frequency but loss is great to both human and non-human and the large community surrounding the industry are affected.  “We have a long way to go to achieve excellence in chemical safety”, said Dr. Ahmad, adding that there is need to understand chemical hazard in chemical and pharmaceutical industries and make new rules in the chemical safety. 

Dr. Ahmad informed that NDMA has made robust Chemical Disaster Management Plan documents. He stressed that corporates and NGOs have to work together through district/state level authorities for understanding the role and responsibilities of various agencies during disasters through mock drill. There is also need for revamping of Factories Inspectorate for which NDMA and the Ministry of Labour & Employment are working jointly, he added. 

Dr U.D. Choubey, Director General, SCOPE in his address said that there is need for strong regulatory norms for prevention and management of chemical accidents.   He said in the present era of rapid growth of oil-chemical, and other processed industries, the manmade chemical hazards have increased manifold.    Therefore,  prevention of such hazards has assumed paramount importance. He also emphasized the need for convergence of various policies and programmes to mitigate the impact of chemicals.

Dr. Choubey said PSEs have accorded high priority to Environment, Safety and Health.  Issues related to Occupational Health, Safety & Environment Protection and their remedial measures are discussed in the Board Meetings of PSEs on regular basis. Chemical Industry is one of the oldest industries in India which accounts for 17.6 percent of the manufacturing sector output; 13-14 percent in exports; and 8-9 percent in imports. and contributes three percent  of the GDP,  he added.   

Mr. Susheel Kumar, IAS, Addl. Secretary, MoEF & Chairman, CPCB in his address mentioned various steps taken by the Ministry of Environment & Forests with regard to management of chemical accidents.  He also emphasized the need to organize programmes with top management of PSEs to understand changes needed in the system. MoEF has brought out a number of Acts/Regulations  and it is appropriate time for review critically these and make necessary changes for effective implementation at site location. He advised the participants to review status of storage and handling of electronic and plastic waste and chemical hazardous waste and suggest the revision needed for effective implementation.  Critical review is being done at the government level before grant of clearance to new industries which are handling hazardous chemicals, he informed.

Mr. B.B. Pattanaik, MD, CWC in his concluding address appreciated SCOPE for continuing its endeavor to reduce chemical hazards successfully.  He emphasized the need for enhancing awareness in safe handling/storage of chemicals through various training programmes.

Mr. Pattanaik said that after the Bhopal Disaster in 1984, many regulations have come in the area of chemical safety not only in India but in other countries as well.  Awareness in common man has increased but lot more needs to be done to minimize chemical accidents.  He added that use of chemicals is increasing day by day and exposures to chronic toxicity can lead to cancer in the affected people.  There is need for referring to MSDS/CSDS, for religiously using PPEs, to minimize the adverse impact on the working people.

Earlier, Mr. U.K. Dikshit, Adviser (Progms), SCOPE while welcoming the Chief guest in the concluding session highlighted his continuous association with the HSE/OSH Network activities and his commitment to improve HSE/OSH implementation in PSEs. He mentioned that many companies have institutionalized the documentation of chemical hazards but there are few who are yet to do the same.

While giving participants feedback on the Program, Mr. A.K. Ghosh, SM (Tech), NFL and Mr. Ashish Thapliyal, CM, ONGC thanked SCOPE for organizing this specialized program. They  suggested that similar customized programs could be organized specific to sector/industry at site locations where the need for safety improvement is maximum. They assured that the learning from this program would be implemented more effectively in their respective organizations.

During the course of two days, various technical sessions were held which were addressed by Mr. Hirak Dutta, ED, OISD, Ministry of Petroleum & Natural Gas, Dr. D. Saha, Senior Scientist, CPCB, Dr. R.N. Jindal, Addl. Director, MoEF, Mr. B.P. Baliga, ED (HSE), IOCL, Mr. P. C. Srivastava, ED (HSE), BPCL, Mr. Ashish  Thapliyal, CM (HSE), ONGC,  Mr. V.K. Sharma, former Chief Inspector of Factories, Delhi and Dr. M. Ahmad, Consultant, Occupational Health.

The program was attended by a large number of senior and middle level executives working in the Safety Departments of public enterprises.

New Delhi,
10th September 2013

Dr. U.D. Choubey, DG, SCOPE Nominated on the Board of Governors of National Safety Council
Dr. U.D. Choubey,  Director General, Standing Conference of Public Enterprises (SCOPE),  has been nominated as a Member on the Board of Governors of the National Safety Council by the Govt. of India. for his  outstanding contribution in promoting excellence in the public sector enterprises.

New Delhi,
6th September 2013

SCOPE to Develop Global Leaders in CPSEs

 SCOPE, the apex body of PSEs, and Indian Institute of Management, Calcutta (IIM-C) jointly organized the prestigious 2nd Advanced Global Leadership Programme 2013 at SCOPE Convention Centre, New Delhi today.  Dr. Nitish Sengupta, Chairman, Board for Reconstruction of Public Sector Enterprises (BRPSE), Mr. O.P. Rawat, IAS, Secretary, Department of Public Enterprises (DPE), Mr. C.S. Verma, Chairman, SCOPE & Chairman, SAIL and Dr. U.D. Choubey, Director General, SCOPE addressed the Programme which  is being attended by top and senior level executives from PSEs.

Dr. U.D. Choubey, DG, SCOPE in his address said that with globalization and opening up of the world markets, there is need to develop global leaders in  public sector.  He emphasized the need to align leader with the leadership development so that there is complete connectivity between the two which percolates downward in the company to help them compete at the global level.

Dr. Choubey said Indian Public Sector during  six decades of its existence have built a pool of talented dynamic leaders who have brought the PSEs to the forefront in the economic development of the country. He advised that learning from the western management should be adapted keeping in mind India’s environment and culture.

Mr. C.S. Verma, Chairman, SCOPE said dynamics of business are changing and so are the equations. In this environment, there is need to have a clear vision, acquire a global perspective and a dynamic approach to meet the challenges of globalization, and at the same time, lead the Enterprises successfully.Public Sector, over the years, has produced many great leaders for the country in tune with the Government policy of Economic Growth with Social Justice. He also emphasized the need of empowerment and level playing field for the Public Sector.

Mr. O.P. Rawat, Secretary, DPE said leadership is an ability to influence self by being right, authentic, innovative and effective and then to influence others. Leaders need to build their strength, capacities and capabilities to align with the vision of the organization.

Secretary DPE said that change has to be managed proactively. DPE is in the process of revamping the MoU system which will be PSU friendly, have realistic yet  challenging targets. The existing Guidelines on CSR, Corporate Governance and Role & Responsibilities of Independent Directors have been reviewed in line with the New Companies Act. Cabinet would soon consider the proposed reforms recommended by Roongta Committee and endorsed by the Group of Ministers, he added.

Dr. Nitish Sengupta, Chairman, BRPSE said, Public Sector is the pride of nation. During the two global crises which came in quick succession, public sector demonstrated tremendous performance. It did not reduce employment, did not reduce its production and in fact produced more and employed more and emerged as White Knights for the Government in meeting the crisis. The need of the hour is now to become global managers and in doing so one needs to constantly learn, unlearn and relearn, he added.

New Delhi
30th August 2013

SCOPE Organizes Programme on “Service Tax” for Senior Finance Executives of CPSEs

SCOPE, the apex body of PSEs, and The Institute of Cost Accountants of India (ICAI) jointly organized a programme on “Service Tax” today at SCOPE Convention Centre, New Delhi, which was attended by a large number of   senior Finance Executives of Public Enterprises.

Dr. U.D. Choubey in his message to the Programme said that “Service Tax” has emerged as a significant contributor to the tax revenue.  From a modest beginning in 1994, revenue from service tax has increased manifold and with the introduction of negative list of services, the revenue from this tax is likely to increase further in the coming years.

Dr. Choubey said with almost 30% share in the indirect tax revenue and with many new issues like reverse charge mechanism point of taxation, bundled services, declared services, a programme on “Service Tax” at this juncture to fully comprehend these issues is very much called for and is the need of the hour.  His Message was read by Mr. B.V.K.K. Rao, Adviser (Finance), SCOPE who also delivered the Welcome Address.

Mr.  S.R. Bhargave, Council Member and  Dr. A.S. Durga Prasad, Vice-President, The Institute of Cost Accountants of India, Mr. Subhash C. Agarwal, Director (Finance), Cement Corporation of India & former Chairman, Northern India of the Institute also addressed the participants. 

Mr.  Subhash Agrawal stressed the need for clarity in service tax areas especially when assesses have increased from 4000 in 1994-95 to 14 lakh in 2012-13.  Mr. Sanjay Bhargave outlined the theme of the seminar.   Dr. Durga Prasad congratulated SCOPE and The Institute of Cost Accountants of India for their efforts in organizing the programme. Ms. Nisha Dewan proposed the Vote of Thanks.

New Delhi,
23rd August 2013


 SCOPE, the apex body of PSEs, and Institute of Chartered Accountants of India (ICAI) jointly organized a Conference on “International Taxation”  today at SCOPE Convention Centre, New Delhi today which was attended by a large number of senior Finance Executives of public enterprises.

Dr. U.D. Choubey, Director General, SCOPE in his message to the Conference said that the PSEs are recognized as the catalyst for growth. Empowerment to PSEs has contributed to these enterprises entering global forays by way of Joint Ventures, Overseas Acquisitions etc.  As many as 147 CPSEs out of 225 operating public enterprises either have foreign exchange earnings or foreign exchange expenditures.  To comprehend that tax implications as a result of global presence of CPSEs, the Programme on International Taxation is most relevant and is the need of the hour, he added.

Ms. Neeru Abrol, CMD, NFL and former Member of SCOPE Executive Board, Mr. K. Raghu, Vice President, ICAI, Mr. V.K. Gupta, Chairman, CMII & Central Council Member, ICAI and  Mr. B.V. K.K. Rao, Adviser (F&A) also addressed the Conference.


 Ms. Neeru Abrol, CMD, NFL  appreciated SCOPE for organizing such an important event on “International Taxation” keeping in view the growing importance and significance of the subject.  She hoped that the Conference would create adequate awareness among PSEs on the international taxation specially for those enterprises operating globally having either foreign exchange earnings or foreign expenditures.

Mr. K. Raghu, Vice President, ICAI  said that the Finance Executives of PSEs have a important role to play in view of the rupee falling and the subsequent turbulence in the economy of the country. He advised them to have short term and long term goals to navigate through this turbulent time. Mr. Raghu appreciated that the public sector contribution to the Indian economy is excellent and it showcases the accountability of the PSEs towards the tremendous growth of the  economy in the past.

Dr. Surinder Pal, Secretary, CMII proposed vote of thanks.

New Delhi,
July 26, 2013

SCOPE Chairman Urges PSEs Employees to adopt a Healthy and Disciplined Lifestyle to Combat Stress in Competitive Environment

SCOPE and World Wellness Foundation jointly organized a Seminar on “Heart & Diabetes Wellness Programme” for the benefit of the employees of public sector enterprises at SCOPE Convention Centre, New Delhi. Mr. C.S. Verma, Chairman, SCOPE & Chairman, SAIL along with Dr. H.K. Chopra, Chairman, World Wellness Foundation & Convener, SCOPE Health Committeeaddressed the PSE executives on how to maintain a healthy lifestyle and manage stress in today’s competitive environment. 

Mr. C.S. Verma, Chairman, SCOPE in his address urged the employees of PSEs to adopt a healthy and disciplined lifestyle to combat stress in the fast changing competitive environment.  He said, today, Corporates are concerned about the health of its employees as their health has a direct impact on the turnover, productivity and performance of the organization.

Mr. Verma emphasized that Wellness Programmes are the need of the hour and health education is vital as it increases awareness about lifestyle diseases and its prevention.  In this endeavour, SCOPE would continue to organize many more such seminars and programmes across the country to reach out to each and every employee of the public sector.

Dr. H.K.Chopra, Chairman, World Wellness Foundation in his address informed that India is the world capital in diabetes and  is also going to become the world capital in heart diseases by 2015 because of malnutrition and wrong food habits of the people. He advised the participants to discipline themselves and take necessary precautions to avoid heart attacks and diabetes.

Dr. Chopra said that life style optimization is the need of the hour and the public sector enterprises should become the role model for others.  He advised for a regular exercise so that people do not fall victim to pre-mature bypass surgery.  

Other renowned  Speakers/Experts from Medical fraternity of international repute included Dr. Pradeep Nambiar, Chairman, Deptt. Of Cardiothoracic & Vascular Surgery, Moolchand Medcity & Rockland Hospital, Dr. Sarita Gulati, Sr. Consultant Cardiologist, Metro Heart Institute, Dr. Krishna C.K. Jr. Consultant, Critical Care, Moolchand Medicity and Dr. A.K. Khanna, Patron, World Wellness Foundation

The programme was preceded  by Heart, BP and Blood Sugar Checkup by a team of experienced medical practitioners in which a large number of  PSEs employees participated.


New Delhi,
July 23, 2013

Skill Development & Capacity Building of CPSEs

SCOPE, organized a Release Function of the Special Issue of its monthly magazine, KALEIDOSCOPE  on “Skill Development and Capacity Building of CPSEs’ at SCOPE Convention Centre, New Delhi today afternoon.

Mr.  O.P. Rawat, IAS, Secretary, Department of Public Enterprises (DPE)  released the Special Edition of KALEIDOSCOPE during the function which was also addressed by  Mr. C.S. Verma, Chairman, SCOPE.   Mr. Dilip Chenoy, MD & CEO, National Skill Development Corporation (NSDC) made a presentation on “Leveraging the NSDC Skills Ecosystem for Training and Standards.” The function was attended by a large number of Chief Executives,  Directors and senior executives of CPSEs besides senior government officials.

Mr. C.S. Verma, Chairman, SCOPE and Chairman, SAIL in his address emphasized the need to focus on the training of the young population of the country. The demographic profile of India is changing making the country one of the youngest nations in the world. There lies a great opportunity to leverage the nation’s young human resource to help grow the country economically.

Chairman SCOPE said, India requires 347 million skilled manpower in the next 10 years. This is a daunting task as there is acute shortage of skilled manpower. Public sector enterprises can play a pivotal role in bridging this skill deficit in the country.

Mr. O.P. Rawat, Secretary, DPE in his address emphasized that skill development training should be broad based for developing trainer entrepreneurs in the country. These entrepreneurs should set up their own enterprises to train people all over the country and abroad. He said the world population is ageing and the advantageous demographic dividend India has should not only focus on meeting the domestic requirements but should cater to the world.

Secretary DPE also emphasized the need to integrate other factors such as health, hygiene, yoga etc with skill development to ensure overall development. He said that today’s youth is impatient and the policy decisions with respect to skill development needs to be quick to guide them in the positive direction to help them shoulder the responsibility towards nation and world at large.


SCOPE to take slew of measures to enhance PSEs’ effectiveness &contribution to nation’s growth

Kolkata, 8th June 2013: Chairman of the Standing Conference of Public Enterprises (SCOPE), the apex body of PSEs in India, Mr. C.S. Verma, who is also Chairman, Steel Authority of India Ltd, today held a meeting of Chief Executives/Directors and senior executives of SCOPE member PSEs based in the eastern region to galvanise Central Public Sector Enterprises to overcome their constraints and emerge competitive so as to increase their contribution to the nation’s economy.

The meeting helped identify issues of concern in eastern region PSEs and unanimity emerged on charting out sustainable solutions for overcoming them. Mr.Verma, after taking over recently as Chairman, SCOPE, has taken the initiative of activating Regional Chapters of SCOPE to evolve a consensus and agenda of common issues affecting their performance and competitiveness.

He said the industry environment in the country is very dynamic and more functional and operational autonomy should be given to the PSEs to global competitiveness and thereby enhance their contribution to India’s growth.

Mr.Verma said that SCOPE would effectively act as “the voice of PSEs and would enhance its policy advocacy efforts in order to resolve the issues and concerns of PSEs at appropriate levels in government”. He emphasized the need to extend the “right enablers” for those PSEs which required to be turned around into profitable organizations.

SCOPE would undertake an international study on the functioning of effective PSEs in different countries and will develop the best model for PSEs in the country to keep pace with the changes taking place across the world, he added.

At the meeting, Mr.Verma said that the suggestion of setting up of a Public Sector Academy for leveraging the talent pool in the public sector for competency building of senior and middle level executives at the induction level shall be explored shortly. SCOPE would also provide a platform for information and knowledge sharing amongst PSEs in the areas of human resource, technology development, skill development, etc., to facilitate these enterprises to learn the best practices from each other to emerge globally competitive.

Chief Executives and other senior executives of PSEs present at the meet were of the opinion that SCOPE should emerge as a more effective voice of PSEs to take up issues of enhanced functional autonomy of PSEs. Some of the other issues which emerged during deliberations included professional functioning of the Boards, including the Independent Directors, succession planning, skill development in PSEs, pay related issues in PSEs, etc.

A large number of Chief Executives/Directors and senior executives of Eastern Region PSEs attended the meeting and deliberated on the issues being faced by these enterprises in the Eastern Region of the country.

There are 35 PSEs in the Eastern Region with a total turnover of Rs. 122,117.94 crore with a total employment of 2,80,484 persons.

16th May 2011

Dr. U.D. Choubey, DG, SCOPE Invited  to Chair
OECD Meeting  in  Seoul,   Korea

It has been honour to Dr. U.D. Choubey, Director General, Standing  Conference of Public Enterprises (SCOPE) who has been invited by OECD (Organization for Economic Co-operation and Development, France)  to chair during the  9th Meeting of Asia Network on Corporate Governance in State Owned Enterprises” being held in Seoul, Korea on 17-18th May 2011. Dr. Choubey is the only Indian representative who has been invited to chair a session in the forthcoming OECD event.
            This opportunity shall provide Dr. Choubey to share Indian perspective of recent initiatives taken in Public Sector Enterprises in India on Corporate Governance with special emphasis on role of Independent Directors and recent reforms in SOEs in India.

May 09, 2011                     SCOPE’s Special Drive for ‘CHILDREN OF LESSER GOD’

Standing Conference of Public Enterprises (SCOPE), the apex body of Public Sector Enterprises (PSEs), has launched a Special Drive for those “sons and daughters of lesser God” who belong to  drop-outs, downtrodden and of deprived class in the age group of 10 to 20 years. The objective is  to prepare them to assimilate in the mainstream of the country’s economy when they reach the active period of their life in 20s and 30s. Dr. U.D. Choubey, Director General, SCOPE stressed that if immediate attention is not given under CSR, these “children of the lesser God” may pose serious and severe complex problem by way of resorting to un-permitted activities.  
            Dr. Choubey in a communication to Chief Executives of Public Sector Enterprises has urged that in order to promote further excellence in PSEs, they should  find ways and means and implement Special Corporate Social Responsibility (CSR) Programmes for this critical mass of adolescents/emerging youths.  He said SCOPE has also written to the Department of Public Enterprises (DPE), Ministry of HI&PE to advise all the PSEs to initiate CSR Programmes for these children.
The PSEs have been doing commendable job by undertaking CSR activities which has been well recognized and appreciated by one and all. They will now give more emphasis on CSR components and its execution for those Children of Lesser God.

SCOPE Workshop on Occupational Safety & Health (OSH) Network in PSEs

Standing Conference of Public Enterprises (SCOPE) has identified Occupational Safety and Health (OSH) as a key area and is establishing an OSH Network for promoting best practices among PSEs to enhance their performance and productivity.
SCOPE in collaboration with International Labour Organization (ILO) organized a Workshop on “Occupational Safety & Health (OSH) Network in PSEs” here today which coincides with the Annual World Day for Safety & Health at Work.  Dr. U.D. Choubey, Director General, SCOPE delivered the inaugural address while Ms. Ingrid Christensen, Sr. Specialist (OS&H), ILO spoke about significance of World Day for Safety and Health at Work. Mr. Gotabaya Dasanayaka, Sr. Specialist on Employers Activities, ILO gave the overall perspectives of the workshop while Mr. U.K. Dikshit, Director (Programmes), SCOPE was the workshop facilitator.
The workshop is being attended by about 30 nodal officers of PSEs responsible for Occupational Safety and Health areas in their respective enterprises.  
Photo Caption:
Dr. U.D.Choubey, Director General, SCOPE (centre) delivering the inaugural address at the SCOPE-ILO Workshop on “Occupational Safety & Health (OSH) Network in PSEs”. Sitting on his left is Ms. Ingrid Christensen, Senior Specialist (OS&H), ILO and on his left Mr. Gotabaya Dasanayaka, Sr. Specialist on Employers Activities, ILO.



Public Sector Flag Released

Today, Central Public Sector Enterprises (CPSEs) stand tall establishing their credentials successfully first showing resilience after liberalization of Indian economy and now helping the country to maintain growth path during recent disturbing turbulence in world economy.  Some of the areas of achievements of CPSEs have been self-reliant growth, emergence as globally competitive enterprise, growing wealth creators, expanding beyond borders, setting up benchmarks in corporate governance practices and caring for people and environment for inclusive growth of the country.

Standing Conference of Public Enterprises (SCOPE), the apex organization of Public Sector Enterprises, in its pursuit to promote excellence and competitiveness of public enterprises and to apprise the public at large about the glorious history, achievements and remarkable performance of PSEs, for the first time in 2010 decided to observe 10th April as Public Sector Day which also coincides with formation day of SCOPE.

It is a matter of pride that the initiative of SCOPE to celebrate Public Sector Day assumes significance and has become a Red Letter Day in the history of PSEs.  This year, Public sector fraternity had a weeklong public sector day celebrations commencing on 10th April 2011.

President Graces Public Sector Day Celebration

Hon’ble President of India, Smt. Pratibha Devisingh Patil addressed the top echelons of India’s economic policy makers, Chief Executives, Directors and Senior Executives of PSEs who gathered for the Celebration of the 2nd Public Sector Day organized by Standing Conference of Public Enterprises (SCOPE) and Department of Public Enterprises (DPE) at Vigyan Bhawan, on 11th April 2011.

On the occasion, the President launched a Public Sector Flag signifying invaluable contribution made by PSEs in socio economic development of the country, harmony among them and exemplifying their shared goals, strength and ambitions as well as ideals.  With the release of the Public Sector Day Flag, the initiatives of SCOPE because a milestone in the history of the Public Sector.

Union Minister of Heavy Industries & Public Enterprises, Shri Praful Patel, Minister of State for HI&PE, Mr. Sai Prathap, Chairman, BRPSE, Dr. Nitish Sengupta, Secretary, DPE, Mr. Bhaskar Chatterjee, Chairman, SCOPE Mr. Arup Roy Choudhury and Director General, SCOPE Dr U.D. Choubey  also addressed the participants.

Gold Trophies of the SCOPE Meritorious Awards in Specialized Fields were presented by the President. Mr. C.S. Verma, Chairman, SAIL received SCOPE Gold Trophy for Environmental Excellence, Mr. A.K. Datt, CMD, BEL for Corporate Governance, Mr. S. Roy Choudhury, CMD, HPCL Ltd for Corporate Social Responsibility,  Mr. B.P. Rao, CMD, BHEL for R&D, Technology Development; Mr. R.S. Butola, Chairman, IndianOil for Best Practices in Human Resource Management, Mr K.R. Kamath, CMD, Punjab National Bank for Best Managed Bank & FI; and, Mr. Lalit Kohli, MD, NSKFDC for Best Managed Section 25 PSE.

Commendation Certificates were received by Mr. G.B. Joshi, Director (Personnel), NMDC Limited for CSR, Mr. A.K. Singh, CMD, CMPDI for R&D, Technology Development and Mr. Satnam Singh, CMD, Power Finance Corpn for Best Managed Bank & FI.

The Chief Guest also presented SCOPE felicitation Trophies to the Chief Executives of existing Maharatna PSEs -  IOC, NTPC, ONGC & SAIL. Mr. R.S. Butola, Chairman, IOC, Mr. Arup Roy Choudhury, CMD, NTPC; Mr. A.K.  Hazarika, CMD, ONGC, and Mr C.S. Verma, Chairman, SAIL were felicitated.

The President also conferred coveted Maharatna Status to Coal India Limited.  Mr. N.C. Jha, CMD, CIL received the certificate while Neyveli Lignite Corpn was conferred Navratna Status.  Its CMD, Mr. A.R Ansari received the Certificate.  Pawan Hans Helicopters Ltd was conferred Miniratna status and its CMD Mr. R.K. Tyagi received the certificate.