Tuesday, 09 August 2022



LATEST NEWS Jee Ayaan Nu! Zee Punjabi's new show “Pollywood Gupshup” with your Balle Balle celebs Good News For Audi Fans, The New SUV Is Coming Next Month; Teaser Released Let's come together to remember our freedom fighters : Anurag thakur Happy Bhullar, Another Member Of The Bambiha Gang Arrested By Punjab Police Italy kicks off monkeypox vaccination campaign Bhagwant Mann Secures Rs 2800 Crore Worth Benefits For Punjab From Centre Includes Rs 1760 Crores Pending Rdf Payments I am not against temples : Actor Soori Eyes firmly on Test series vs England, Proteas set to take on Lions in warm-up he's 'not that posh' but 'badly behaved' : Hugh Grant Rise in night temperature may up your death risk 6-fold : Study India logs 12,751 fresh Covid cases, 42 deaths Serena Williams wins first singles match since 2021 French Open Muharram symbolises supreme sacrifice : K. Chandrasekhar Rao WhatsApp now gives over 2 days to delete messages after sending Opportunity for Arshdeep Singh, Avesh Khan, Ravi Bishnoi and Deepak Hooda to stake claim for T20 World Cup berths Manoj Prabhakar takes over as Nepal cricket team head coach Barcelona ready to challenge Real in title race : Robert Lewandowski FBI searches Donald Trump's Florida home Gurmeet Singh Meet Hayer directs education department to constitute high level committee to probe irregularities in aided and private colleges Ecuador's monkeypox cases rise to 10, with one death Shehnaaz Gill Opens Up About Her Exit From Salman Khan’s Kabhi Eid Kabhi Diwali. Says, ‘These Rumors Are..’


Venkaiah Naidu lauds PSEs for contribution to economic growth

Web Admin

Web Admin

5 Dariya News

Hyderabad , 08 Dec 2017

Vice President M. Venkaiah Naidu on Friday said that the Public Sector Enterprises (PSEs) have contributed immensely to the country's economic growth.Inaugurating the Diamond Jubilee celebrations of the National Mineral Development Corporation (NMDC) here, he said PSEs helped the country in building a sustained industrial base and technological competencies in a number of areas.He congratulated NMDC, the largest iron ore mining company, for earning a profit of Rs 4,293 crore (before tax) in financial year 2016-17 and thus emerging as one of the top profit-making Navratna PSEs in the country.Naidu also commended NMDC for bringing the entire area of Bastar in Chattisgarh to the mainstream of civilization by opening up mines and employing tribals in the area.He said the mining industry is contributing around 2.2-2.5 per cent of India's overall GDP, it is far below the potential of India's rich mineral resources, which have to be explored and fully tapped.Stating that the country is on a high growth path, the Vice President said it needs more steel raw materials to build its infrastructure and strengthen its manufacturing base.He noted that NMDC is implementing its strategic management plan to achieve 67 million tonnes per annum (MTPA) production capacity by 2021-22 and is also well poised to reach 100 MTPA production capacity by 2030.Naidu said that NMDC's Corporate Social Responsibility (CSR) initiatives in remote backward areas of Chattisgarh which face problem due to left-wing extremism are commendable.NMDC has spent Rs 798 crore on CSR initiatives in the last five years, he said.Union Steel Minister Chaudhary Birender Singh said that India will soon become a steel export country as the industry is poised to witness a growth of 8 to 10 per cent. He said the 3 MTPA green field steel plant at Nagarnar, Chattisgarh will bring much needed development in the entire region.Minister of State for Science & Technology and Earth Sciences, Y. S. Chowdary said that NMDC is adopting eco-friendly practices and safe mining procedures.


Tags: Venkaiah Naidu



related news




Photo Gallery



Video Gallery



5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2022 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD