Economy of India Current Affairs - 2020
Indian Railways unveiled ‘eDrishti’ software that will help Union Railway Minister to keep track of punctuality of trains as well as freight and passenger earnings and much more from anywhere in the country. The software has been developed by Centre for Railway Information System (CRIS) to help Minister keep track of all information related to Indian Railways, one of the world’s largest rail networks.
Using this software, Railway Minister can track any information with just a click of mouse — whether from his office or while on the move. It will also enable Minister to know at any given point of time day’s freight and passenger earnings, freight loading and unloading, punctuality, progress of major projects, public grievances, movement of trains across the country, details of railway stations and much more.
It also has been connected with base kitchens of Indian Rail Catering and Tourism Corp (IRCTC) as many complaints comes regarding the quality of food served on trains. Through live video, Minister will be able to monitor the goings on in IRCTC kitchens. It will also provide the live status of reserved and unreserved passengers travelling on trains besides providing the exact location of trains at any point of time.
Tags: Centre for Railway Information Systems • Drishti • Economy of India • eDrishti software • India
Union Government has conferred status of Miniratna: Category–I to National Projects Construction Corporation Limited (NPCC). The empowerment of miniratna status to NPCC will help company to take speedy decisions by enhancing delegation of powers to Board.
National Projects Construction Corporation Limited (NPCC)
NPCC is schedule ‘B’ Central Public Sector Enterprise (CPSE) under administrative control of Ministry of Water Resources. It incorporated in 1957. It is premier construction company having mandate with creation of infrastructure to provide impetus for economic development of the country. It also has been awarded ISO 9001:2015 Certification. NPCC is making continuous profit since 2009-10 and is having positive networth for last six years. It has ambitious business plan with enhanced order book position of Rs. 11833 crore.
Department of Public Enterprises under Ministry of Heavy Industries & Public Enterprises grants status of Maharatna, Navratna, and Miniratna to Public Sector Undertakings (PSUs) and Central Public Sector Enterprises (CPSEs) based upon profit made by these enterprises. These statuses give financial and administrative power to the companies to a certain extent. At present there are total 8 Maharatna, 16 Navratna, 60 Miniratna Category-I and 15 Miniratna Category-II CPSEs.