New Delhi, Dec 20 IBNS | 8 months ago

Steel Authority of India Limited (SAIL) recently won the PSE Excellence Award-2013 for Corporate Social Responsibility & Sustainability in Maharatna and Navratna category.


Advisor to the Prime Minister of India, T K A Nair and Secretary, Department of Public Enterprises (DPE) O P Rawat presented the trophy and the certificate to Chairman, SAIL C.S. Verma in the award function held here on Monday.

In his acceptance speech, Verma dedicated the award to SAIL team and stated that while investing in addition of new capacities, SAIL would also invest more in social and sustainability initiatives.

The PSE Excellence Awards have been instituted by the Department of Public Enterprises, Government of India and Indian Chamber of Commerce.

SAIL said that its business activities have direct and indirect impact on the society.

It strives to integrate its business values and operations in an ethical and transparent manner to demonstrate its commitment to sustainable development and to meet the interests of its stakeholders, officials said.

On the health front, SAIL has established super-speciality hospitals and primary health centres, to provide specialised and basic healthcare to people living in the vicinity of its Plants & Units.

SAIL owns, maintains and supports several schools in its steel townships to provide modern education to children.

SAIL has provided access to lakhs of people across villages in its peripheries by constructing and repairing of roads.

It has provided access to water infrastructure to people living in far-flung areas by installing water sources, thereby providing drinking water access to people over the years.

In order to bridge the disparity between rural and urban areas as also to provide comprehensive development of both physical and social infrastructure, many villages have been identified in 8 states as 'Model Steel Villages' for holistic development, SAIL noted.

(Posted on 20-12-2013)