New Year Bonanza for office-bearers of Khadi institutions
Much on success mantra of corporate giants ‘Give the best to get the best', KVIC has taken a historic decision since its inception in 1956. Yes, taking serious notes of the low profitability of the Khadi Institutions (KIs) due to the low remuneration of its office-bearers, i.e., Secretaries and Chairmen, the KVIC has decided to increase their salary/remuneration linking with the turnover/sales performance of each KI from 1st Jan, 2018. It would not only make them economically strengthened, rather it would also inspire them to yield the best to get the best. Giving this information, KVIC Chairman VK Saxena said that at present, except few KIs, most of them pay very meager amount of remuneration to its office-bearers -- ranging from Rs 5,000 to Rs 10,000/ month. “It was the need of the hour to connect their salary/remuneration with the sales performance of their respective KIs. It will act as a morale booster for them to work hard for an overall improvement of the institutions,” he said, adding, “Most of the profitability is blocked in the form of large inventories and sundry debtors. low remuneration also opens up ways for the office-bearers to use unfair means to earn extra money from the KIs, to meet out their house hold expenditure.” Not only that, it would also encourage everyone from artisan to office-bearers to give their best to increase their income and consequently increasing the employment opportunities. The KVIC Chairman further informed that this issue was discussed on many occasions at various forms including with the Minister of MSME, Giriraj Singh and it was unanimously proposed to give proper increase in their monthly remuneration of Secretaries and Chairmen of KIs.
SIlK FAB Exhibition starts at Kaiserbagh Baradari, lucknow
The exhibition-cum-sale of exquisite silk handloom fabrics that enables an interface between weavers and consumers commences on Wednesday at Kaiserbagh, lucknow. Silk Fab exhibition is an initiative of the office of Development Commissioner for Handlooms, Ministry of Textiles, GoI through National Handloom Development Corporation (NHDC) ltd to provide direct access to the handloom weavers to market their products to consumers in various cities of India. The participants are from various State Government Bodies/Apex Societies, Primary Handloom Weavers Co-operative Societies and Handloom Agencies. About 110 agencies belonging to 13 States are participating. The handloom sector of India employs 45 lakh directly or indirectly which is next only to agricultural sector. The art of handloom weaving has traditional values attached to it and each region has exquisite varieties. The uniqueness of silk products such as Pochampalli, Paithani, Kanjivaram, Banarasi, Jamdani, Baluchari, and Ikkat, to name a few attracts customers across the globe with exclusive weaves, designs and traditional motifs. Through these exhibitions, handloom agencies not only market their products at reasonable rates but also get to know customers' choice with regard to colour, design and weaving for future improvement of the product.
ONGC organises cyclothon in 6 metros to create awareness on fuel conservation
ONGC has organised cyclothon in six metro cities to create awareness on fuel conservation as well as protection of environment. The cyclothons, organised in Dehradun, Ahmedabad, Vadodara, Kolkata, Agartala and Chennai during November and December 2017, drew over 5,000 participants from all walks of life. In order to spread the message across the country about the importance of fuel conservation, ONGC has been actively participating in various initiatives including this cyclothon. The genesis of organising the cyclothons lies in Prime Minister's clarion call to people through ‘Mann Ki Baat' to voluntarily dispensing with the use of petrol & diesel for one day every week. The call was aimed at conserving fuels which is of utmost importance in nation building. The objective of promotion of cycling through this event is to instill socio-environmental consciousness and garner support for fuel saving. More than 5,000 people pledged their support to not use vehicle at least one day in a week and contribute to the larger mission of fuel conservation and environment protection. State Police Authorities and District administration shared all support to make the cyclothons a grand success.
ONGC Videsh receives Golden Peacock Award for Risk Management
ONGC Videsh received Golden Peacock Award for Risk Management 2017 instituted by the Institute of Directors (IOD) recently during Global Convention on Corporate Ethics & Risk Management held at Singapore. Award was handed over to Narendra K Verma, MD and other EC members of ONGC Videsh by Head-Risk who received the Award on behalf of the company at Singapore. Executive Committee with Risk Management team during Award trophy and Citation handover Narendra Kumar Verma, Managing Director, while complimenting Team ONGC Videsh on this achievement, exhorted to keep momentum and achieve greater heights in Risk Management and sustainability practices, leading to improved organisational performance.
CWC MD opens drinking water facility under CSR
CWC contributed funds under CSR for providing the drinking water facility, toilet facility and desk and almirahs to the Government Prathmic School, Ayadnagar, Distt Hapur, Uttar Pradesh. JS Kaushal, Managing Director, CWC, New Delhi visited the school complex recently for inauguration of the said facilities for the benefit of the students.
BIRAC gets SKOCH Order-of-Merit Award
Biotechnology Industry Research Assistance Council (BIRAC) was awarded SKOCH Order-of-Merit Award during the 50th SKOCH Summit held recently in New Delhi. BIRAC was nominated under ‘SKOCH Technologies for Growth Award 2017' category for the project ‘Creating Biotechnology Innovation Ecosystem in India from Concept to reality'. The Award was presented by Sameer Kochhar. Skoch Group is working towards inclusive growth of India since 1997, led by digital, social and financial inclusion. They are able to achieve their goal by the help of its group companies that include a consulting wing, a media wing and a charitable foundation. The Chairman, Sameer Kochhar, has been consistently promoting participatory democracy, empowerment, and bringing improvements in delivery systems.