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SAIL Receives Awards for Innovation
10/08/2009 - Steel Authority of India Ltd. is presented 14 of the total 28 Vishwakarma Rashtriya Puraskar awards presented by the Government of India for performance year 2007.
At a recent function held at Vigyan Bhawan, 14 of the total 28 Vishwakarma Rashtriya Puraskar awards presented by the Government of India for performance year 2007 went to Steel Authority of India Ltd. (SAIL). Sixty-three of the total 121 Vishwakarma Rashtriya Puraskar awardees, or 52%, were SAIL employees.
The awards were presented by Shri Mallikarjun Kharge, Union Minister for Labor and Employment.
Vishwakarma Rashtriya Puraskar is a national award given every year by the Ministry of Labor in association with the Directorate General Factory Advice Service & Labor Institutes to workers of industrial undertakings in recognition of their outstanding suggestions leading to cost reduction, improvement in quality, productivity, and working conditions such as safety, health, and environment conservation in their organizations.
According to SAIL, the 14 innovative suggestions from its employees have helped the company achieve total annual savings of more than Rs. 250 crore, of which around Rs. 130 crore would be recurring savings.
The 63 SAIL employees are from four plants: Bokaro Steel Plant, Bhilai Steel Plant, Rourkela Steel Plant, and Salem Steel Plant. SAIL employees won in three different categories: one Class A, five Class B, and eight Class C awards. The winners received cash prizes of Rs. 75,000; Rs. 50,000; and Rs. 25,000, respectively, along with a certificate of merit.
