Business Corner

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Ram Vilas Paswan launches handbook

Ram Vilas Paswan, the Union Minister of Consumer Affairs, Food and Public Distribution launched the ‘Handbook for Implementation of Cash Transfer of Food Subsidy' in New Delhi on Friday. The handbook has been jointly developed by Department of Food and Public Distribution (DoFPD) and World Food Programme (WFP). Meanwhile, he asserted that foodgrain at subsidized prices is  being allocated for welfare and development of weaker sections of  society to ensure adequate standards of nutrition in Welfare Institutions and SC/ST/OBC Hostels. Paswan chaired the meeting of Food Secretaries of States/UTs to discuss execution of Welfare Intuitions and Hostels Schemes.

Khadi grows as Sales jump 132% in last 4yrs

If figures matter, the signature fabric of India seems paving way every year for the country's economic transformation. In the FY 2017-18, the sale of Khadi which includes solar and poly vastra  has grown to Rs 2503 crore, i.e. 25% up with respect to Rs 2007 crore in FY 2016-17. Khadi and village industries, however, have scripted many success stories in the post-2014 era, when Prime Minister Narendra Modi led from the front with his vision of ‘Khadi for economic transformation'. Incredibly, the total average Khadi sale, which was Rs 914.07 crore during the year 2004 to 2014, jumped to Rs 1828.30 crore in three years after that, i.e. between 2015 to 2018, with over 100% increase.

Celebration of 1st World Bicycle Day on June 3

On the eve of the first World Bicycle Day on June 3 which is recently announced by United Nations, New Delhi Municipal Council and Smartbike in association with World Cycling Alliance are organising a Mega Cycling Event at Connaught Place on Sunday, the June 3, 2018.  This was announced by Chairman, New Delhi Municipal Council (NDMC), Naresh Kumar while addressing a press conference on the arrangements of Mega Cycling Event to be held on World Bicycle Day. The Mega Cycling Event will have participation of thousands of cyclists and it will be flagged off by Vice President of India from the Charkha Museum, Connaught Place, New Delhi.

Mining can help society prosper: CMD NAlCO

Sustainable Mining can bring prosperity to Odisha and India,as in Australia and Canada, because it has the potential to provide employment and can play a huge role in alleviating poverty, said Dr. Tapan Kumar Chand, CMD, NAlCO, at the Sustainable Mining Summit held here on Friday, organised under the aegis of Federation of Indian Mineral industries (FIMI). Corporate stalwarts, policy-makers, leaders of the mining industry gathered in large numbers to deliberate and strategize on the way forward to ensure an environment which promotes and encourages sustainable mining.

SCOPE Participates in IlO Summit at Geneva

Dr. U.D. Choubey, Director General, SCOPE participated in the 107th International labour Organization (IlO) Summit  in Geneva. Speaking in the plenary session as a Delegate from India, Dr. Choubey highlighted the initiative of Government of India in the area of decent world of work, gender related issues, skill development, employment generation, security to formal and informal workers in India, innovative skill development programme and incentivizing small, medium enterprises (SMEs) and green initiatives.

Summer Sports coaching camp valedictory FETE

Summer Sports Coaching camp -2018 was organised by Sports Development Centre, NlC India limited at Bharathi Stadium complex from 24 April to 30 May 2018. The camps were conducted in two phases. Experienced coaches in the field of Athletics, Basketball, Cricket, Chess, Football, Hockey, Kabaddi, Kho-Kho, Volleyball, Swimming and Yoga. A total of 540 students participated and benefitted. On the concluding day of the camp a function was organised at Bharathi stadium .I.Nedumaran, DGM/Education,Sports & Culture, Chief Guest of the function addressed the gathering and distributed the certificates and caps to the participants.

PFC Composter Machine in Kalkaji INAUGURATED

In yet another initiative taken during the ongoing Swachhta Pakhwada, under the aegis of Ministry of Power, Power Finance Corporation has installed a Composter Machine in Kalkaji Mandir on Friday. The Bio-waste decomposing machine was inaugurated by Ajay Bhalla, Secretary (Power), Govt. of India in the presence of CMD, PFC, Rajeev Sharma, seniors officials of MCD, PFC and pundits of the Temple administration.

NTPC participates in 7 Power and Energy Africa

NTPC, India's largest power generating company with a commissioned capacity of 53,651 MW plans to become a 130 GW company by 2032, showcased India's Green Power at the three day Exhibition and Conference on Power and Energy 2018 at KICC, Nairobi, Kenya from 29 - 31 May, 2018. Ranked among leading power majors globally, NTPC highlighted its expertise and technical knowhow to execute green power projects of any scale and size.

NORTHERN RAIlWAY HONOURS NINE EMPlOYEES

In keeping with the practice of honoring employees, whose alertness and prompt action have resulted in averting a possible accident, through Safety Awards and as recognition of meritorious services, Northern Railway honored the services of  nine  of its employees through Safety Awards at a ceremony held at Northern Railway Headquarters Office, Baroda House, New Delhi on Friday. The Awards were presented by Vishwesh Chaube, General Manager, Northern Railway. Also present on this occasion were Rajesh Tiwari ,Additional General Manager, Northern Railway , Seema Kumar, Chief  Safety Officer, Northern Railway, and the Principal Heads of all departments of Northern Railway.

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