NPCC to now build roads, buildings -Governance Now

NPCC to now build roads, buildings

The company faced many ups and downs in last 50 years

GN Bureau | January 10, 2018

#NPCC #National Project Construction Corporation Ltd #PSU #Arjun Ram Meghwal

National Project Construction Corporation Ltd. (NPCC), a PSU of the ministry of water resources, river development and Ganga rejuvenation, will now undertake basic infrastructure projects like road, buildings and environment related projects, said union minister Arjun Ram Meghwal.

Addressing a function organized on the occasion of 61st Annual Day celebration of NPCC at New Delhi, Meghwal said that government is giving proper attention on development of infrastructure projects as well as on the projects related to linking of rivers and cleaning Ganga.

He said that NPCC has begun working as nodal agency in Jharkhand for clean Ganga mission.

NPCC CMD Sanjay Kundu narrated the achievement of the company and said that it was possible only due to collective efforts of the employees, cooperation of shareholders, clients and stakeholders.

He said the company faced many ups and downs in last 50 years and was revived by the government of India during 2009-10 and since then it is continuously earning profits. He informed the company paid a dividend of Rs. 1.02 crore for the year 2015-16 after a gap of almost 50 years. The dividend paid by the company to the government for the year 2016-17 was Rs. 2.05 crore.

During the last six decades NPCC has created land marks by completing innumerable projects even in remote areas where private sector companies did not venture.

Comments

Other News

‘Oral cancer deaths in India cause productivity loss of 0.18% GDP’

A first-of-its-kind study on the economic loss due to premature death from oral cancer in India by the Tata Memorial Centre has found that this form of cancer has a premature mortality rate of 75.6% (34 premature events / 45 total events) resulting in productivity loss of approximately $5.6 billion in 2022

Days of Reading: Upendra Baxi recalls works that shaped his youth

Of Law and Life Upendra Baxi in Conversation with Arvind Narrain, Lawrence Liang, Sitharamam Kakarala, and Sruti Chaganti Orient BlackSwan, Rs 2,310

Voting by tribal communities blossoms as ECI’s efforts bear fruit

The efforts made by the Election Commission of India (ECI), over last two years, for inclusion of Particularly Vulnerable Tribal Groups (PVTG) communities and other tribal groups in the electoral process have borne fruit with scenes of tribal groups in various states/UTs participating enthusiastically in t

GST revenue for April 2024 at a new high

The gross Goods and Services Tax (GST) collections hit a record high in April 2024 at ₹2.10 lakh crore. This represents a significant 12.4% year-on-year growth, driven by a strong increase in domestic transactions (up 13.4%) and imports (up 8.3%). After accounting for refunds, the net GST

First Magahi novel presents a glimpse of Bihar bureaucracy a century ago

Fool Bahadur By Jayanath Pati (Translated by Abhay K.) Penguin Modern Classics, 112 pages, Rs 250 “Bab

Are EVs empowering India`s Green Transition?

Against the backdrop of the $3.5 billion Production-Linked Incentive (PLI) scheme launched by the Government of India, sales of Electric Vehicles (EVs) are expected to grow at a CAGR of 35% by 2032. It is crucial to take into account the fact that 86% of EV sales in India were under the price bracket of $2