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SAIL Chairman Receives Excellence Awards
10/22/2009 - Prime Minister Manmohan Singh confers the SCOPE Award for Excellence under the “Individual” category on Steel Authority of India Ltd. Chairman S.K. Roongta, along with three other major awards for the company.
Prime Minister of India Dr. Manmohan Singh recently conferred the SCOPE Award for Excellence & Outstanding Contribution to Public Sector Management under the “Individual” category on Steel Authority of India Ltd. (SAIL) Chairman S.K. Roongta for 2007-08.
Roongta also received three other major awards for SAIL: the Gold Trophy in the “Institutional” category for 2006-07, and two MoU (Memorandum of Understanding) Excellence Awards in the categories “Mining & Metals” and “Listed Companies” for 2007-08.
The SCOPE Excellence Awards, which recognize the contribution of public enterprises and encourage outstanding persons for their achievements and leadership qualities, are decided annually after evaluation of established performance criteria by a jury and assisted by the International Management Institute. The five-member jury for 2007-08 was headed by Justice P.N. Bhagwati.
The MoU Excellence Awards, instituted by the Department of Public Enterprises under the Ministry of Heavy Industries & Public Enterprises, recognize the 12 best-performing Central Public Sector Enterprises under the MoU scheme with the government—one each from 10 industrial sectors and two from among listed companies and turnaround enterprises.
SAIL notes that it has achieved the “Excellent” MoU rating for the last seven years.
