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SAIL bags FICCI Award for Rural & Community Development
Initiatives '06-07
New Delhi,
February
15, 2008
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Steel
Authority of India Limited (SAIL) was today honoured with
the FICCI Annual Award 2006-07 for outstanding achievement
in the category of Rural & Community Development
Initiatives. SAIL Chairman S.K. Roongta received the award
from Prime Minister Dr. Manmohan Singh at a function held
at the FICCI Golden Jubilee Auditorium in New Delhi. SAIL
was selected for the annual award by an eminent jury
headed by former Chief Justice of India P.N.Bhagwati.
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The FICCI award
recognises the developmental activities undertaken by SAIL
during the last five years for rural development, including
application of science & technology, animal husbandry and
growth of rural industry, infrastructure, education, health
and family welfare.
The scope and
coverage of the activities included the extent to which SAIL
has contributed beyond its formal allotted assignments to
undertake or stimulate new initiatives on rural development
like skill development and empowerment of rural people through
training programmes; women's empowerment; promotion of rural
enterprises like handlooms and handicrafts; involvement of
panchayats; linkage with ongoing rural
development/anti-poverty or other programmes of the
Government, etc. The prospects of continuity of developmental
activities and potential for future growth was also considered
by the jury for the award.
The award states, "Steel Authority of India Ltd has done
commendable work in supporting educational, charitable and
welfare institutions. SAIL has taken major initiatives towards
promoting education, healthcare, drinking water,
infrastructure and economic development of communities,
covering wider areas adjoining its plants. SAIL has allocated
2% of its budgeted distributable surplus towards these
developmental activities. The community development
initiatives of SAIL in coordination with state and central
governments involve local panchayats to ensure that the
benefits arising out of their activities reach the masses at
the grassroots level."
SAIL was also the first PSU to receive the
Businessworld-FICCI-SEDF Corporate Social Responsibility Award
for the year 2006.
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