PSUs Current Affairs

Government announces PM’s Shram Awards for 2016 to 50 workers

The Ministry of Labour & Employment has announced Prime Minister’s Shram Awards for the year 2016 to be awarded to 50 workers including 3 women employed in Departmental Undertakings & Public Sector Undertakings (PSUs) of Central/ State Governments and Private Sector Units employing 500 or more workers. In 2016, 34 workers are from PSUs and 16 workers are from Private Sectors.

2016 Shram Awards

Shram Ratna Award: No nomination was found suitable for it.

Shram Bhushan: 12 workers from SAIL, BHEL and TATA Steel Ltd. were selected.

Shram Vir/Shram Veerangana Award: 18 workers from Naval Dockyard, Ordinance Factory, Rashtriya Ispat Nigam, TATA Steel, Hindalco Industries, Paradeep Phosphates Ltd., Brahmos Aerospace were selected.

Shram Shree/Shram Devi Award: 20 workers from Cement Corporation of India, Naval Ship Repair Yard, TATA Motors, Surat Lignite Power Plant, Larsen & Toubro Ltd. etc were selected.

Shram Awards

They were instituted in 1985 and are announced every year by Ministry of Labour and Employment. These awards are given to workers in PSUs, Departmental Undertakings of Central/State Governments and Private Sector units employing 500 or more workers.

Objective: It recognises workers for their distinguished performance, innovative ability, outstanding contribution in the field of productivity and exhibition of exceptional courage and presence of mind.  It also recognises outstanding contributions made by workmen as defined in Industrial Dispute Act, 1947 in organizations both in public and private sector

There are four types of Shram awards viz. Shram Ratna (monetary award of Rs. 2 lakhs and Sanad), Shram Bhushan (Rs. 1 lakh and Sanad), Shram Vir / Shram Veerangana (Rs. 60000 and Sanad), Shram Devi / Shram Shree (Rs. 40000 and Sanad).

Tags:

DCI and NHAI ink MoU to facilitate supply of sand for highways construction work

Dredging Corporation of India (DCI) and National Highways Authority of India (NHAI) have signed a MoU for facilitating the supply of sand for highways construction work.

The MoU aims to fill sand supply gap by facilitating the availability of sand for concessionaires working on highways projects who were facing shortage of sand at many sites.

Key Facts

Under this MoU, DCI intends will do dredging operations at locations in South East Asia and generate large volumes of sand. This dredging will be done for purpose of obtaining sand. Business intermediaries will ship and store this sand at various ports in India and market it for highways projects. NHAI will facilitate process by displaying availability of sand at various stockyards at ports.

Dredging Corporation of India (DCI)

DCI is Indian Government Miniratna undertaking engaged in business of dredging. It was established in 1976 and reports to the Ministry of Shipping. It is headquartered at Visakhapatnam and has project offices at many seaports in India.

DCI is involved in maintenance dredging, capital dredging, beach nourishment, land reclamation, shallow water dredging, Project Management consultancy and Marine construction. It also occasionally dredges at foreign seaports in countries such as Sri Lanka, Taiwan and Dubai.

Tags:

12345