The revival of 'The Pioneer' media group is on the cards as there are plans to improve its content and increase its digital presence by introducing new technology so that 'The Pioneer' becomes the number one newspaper in Uttar Pradesh.
In his maiden interaction with the employees of 'The Pioneer' group here on Saturday, NCLT-appointed Interim Resolution Professional (IRP) Ranjeet Kumar Verma said that plans were in place to take 'The Pioneer' to its old glory.
"'The Pioneer', both English and Hindi, is a big brand and we will ensure that this brand reaches out to every section of society. We will start afresh and take the company to a new height. There are challenges and we will overcome them and make 'The Pioneer' the number one newspaper of Uttar Pradesh," he said.
Verma said that his priority would be to address serious issues raised by the employees.
"We will ensure all the facilities to the employees, including payment of the dues and timely clearance of the salary," he said and added that in future the performance of the employees would be incentivised, thereby meaning that those employees working hard would be rewarded.
The Delhi bench of the National Company Law Tribunal (NCLT) last month initiated insolvency proceedings against the CMYK Printech, which runs the operation of 'The Pioneer' newspaper, following a plea by one of its directors.
"I am here as a representative of the court and my main objective is to keep 'The Pioneer' group going. I can assure one and all that 'The Pioneer' is not going to close down," he said.
In the meeting, there was free exchange of ideas. The employees, both from the editorial and marketing departments, shared their views on the revival of 'The Pioneer'. They also explained the problems they were facing.
"I expect the working of the company to return to normal very soon," Verma said.
Resident Editor of 'The Pioneer' Vijay Prakash Singh also attended the meeting and shared his views on the revival of 'The Pioneer' group.