Business Corner

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CABINET APPROVES ESTABlISHMENT OF NIMHR AT BHOPAl

The Union Cabinet Chaired by Prime Minister Narendra Modi has approved the establishment of National Institute of Mental Health Rehabilitation (NIMHR) at Bhopal as a Society under the Societies Registration Act, 1860 under the aegis of the Department of Empowerment of Persons with Disabilities. The estimated cumulative cost of the project is Rs 179.54 crore in first three years. This includes non-recurring expenditure of Rs 128.54 crore and recurring expenditure of Rs 51 crore. The Union Cabinet has also approved the proposal to create three Joint Secretary level posts, which include one post of Director of the Institute and two posts of Professors.

SCOPE Workshop on Strategic Performance Measurement

SCOPE organized a Workshop on “Strategic Performance Measurement –  Route to Successful Strategy Execution”  which was inaugurated by Ved Prakash, Chairman, SCOPE & CMD, MMTC limited in the  presence of large many senior executives of public sector enterprises.  Dr. U.D. Choubey, Director General, SCOPE, Saptarshi Roy, Director (HR), NTPC & Member of SCOPE Executive Board, Ashok Bhat, and Dr. Punam Sahgal, Resource Persons also addressed the inaugural session. Ved Prakash Chairman, SCOPE said that new developments in view of globalization, advancement in technology and  artificial intelligence is challenging  the working system in  organizations. He emphasized the need for development of performance measures that are aligned to organisation’s goals and drives performance.

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