Mineral production grows by 8 percent in February (See 'Corp Brief') SARFAESI Act - Court refrains to adjudicate matter on merits when matter is already pending in DRAT : HC (See 'Legal Desk') Coal production in April up by 7.4% (See 'Corp Brief') SEBI Act - Appellants have made case for stay as rigours of directions of SEBI order would adversely affect business of Appellant as well as their clients : SAT (See 'Legal Desk') Trade Mark Act - Marks 'BETSONE' and 'BETASON' are deceptively similar to registered trademark 'BETNESOL' and visually, phonetically and structurally alike, with minimal alterations : HC (See 'Legal Desk') Voting by tribal communities blossoms as ECI's outreach to them bears fruit (See 'Corp Brief') SARFAESI Act - No fault can be found with respondent financial institution invoking Section 14 of SARFAESI Act by approaching District Magistrate, Rewa : HC (See 'Legal Desk') Ministry of Parliamentary Affairs observes Swachhata Pakhwada (See 'Corp Brief') Arbitration Act - Arbitral award cannot be interfered with if view of arbitral tribunal is plausible one : HC (See 'Legal Desk') IBC - Asset memorandum shall not be accessible to any person during liquidation : IBBI (See 'Legal Desk') Critical Minerals Summit concludes (See 'Corp Brief') Cr.P.C. - While adjudicating on bail application court is duty bound to ensure that accused's right to life and right to health is not violated : HC (See 'Legal Desk') PMLA - Petitioner cannot claim bail as matter of right for treatment only at specialized hospital of his choice : HC (See 'Legal Desk') SEBI (Research Analysts) Regulations, 2014 for ontravention of RA Regulations Certificate of Registration of Noticee Gaurav Sarda can be cancelled : SEBI (See 'Legal Desk') REC Ltd declares financial results, records highest ever annual net profit (See 'Corp Brief') Trade Marks Act - Defendant's adoption of Trademark is not in good faith and potential confusion encroaches upon Plaintiff's statutory trademark rights : HC (See 'Legal Desk') SEBI Act - Noticee was maintaining call records which were sent to SEBI : SEBI (See 'Legal Desk') Arbitration - Petition u/s 29A for extension of mandate of Arbitral Tribunal can be filed even after mandate has expired : HC (See 'Legal Desk') Mines Ministry to hold 2-day Critical Minerals Summit (See 'Corp Brief') IBC - When one party owes debt to another and creditor is claiming under written agreement providing for rendering 'service', debt is operational debt if claim of debt has some connection with service : SC (See 'Legal Desk') Companies Act - Stamp duty @5% market value of property is liable to be paid only when property is situated within State of Madhya Pradesh otherwise not : HC (See 'Legal Desk') SEBI Act - Final opportunity of inspection of documents and cross-examination of witnesses should be given to Appellants : SAT (See 'Legal Desk') SARFAESI Act - Mere discovery of new or important matter or evidence is not a sufficient ground for review ex debito justitiae : HC (See 'Legal Desk') Conference organized on Maritime Amrit Kaal Vision 2047 (See 'Corp Brief') PMLA -Bail application can be dismissed as petitioner failed to satisfy conditions for grant of bail : HC (See 'Legal Desk') CSIR, NIScPR organize national workshop to celebrate World Intellectual Property Day (See 'Corp Brief') SEBI Act - Appellants have failed to substantiate their claim of financial distress nor have they brought any new fact or circumstances requiring grant of interim relief : SAT (See 'Legal Desk') ACC delivers lifetime highest annualised PAT (See 'Corp Brief') Trade Mark Act - Marks are visually phonetically and deceptively similar to Plaintiffs' trademarks : HC (See 'Legal Desk') SJVN inaugurates First Multi-purpose Green Hydrogen Pilot Project (See 'Corp Brief') IBC - Even if CIRP commences, Directors, who are incharge of affairs of Company cannot be absolved of any wilful default committed by borrower Company : HC (See 'Legal Desk') REC to extend loan of Rs 1869 Cr for Kiru Hydro Electric Project (See 'Corp Brief')

GE collaborates with MSDE for Skill India Mission

Published: Jun 14, 2017

By TIOLCORP News Service

NEW DELHI, JUNE 14, 2017: GENERAL Electric (GE) in partnership with the Ministry of Skill Development and Entrepreneurship (MSDE) is planning to source workers and skilled technicians from Bihar itself, in line with its Greenfield manufacturing base being set up in Marhaura (Bihar), service facilities in Roza (UP) and Gandhidham (Gujarat). This project was launched as a part of Prime Minister 's ‘Make in India' scheme in which GE agreed to invest close to USD 200 million and will certainly boost employment opportunities for the local people. Under this project, GE even plans to set up state of the art Skilling Centres with support from the Ministry.

GE Power India, part of the General Electric Company was the first corporate donor to contribute to the National Skill Development Fund, a special fund setup under the Ministry of Skill Development & Entrepreneurship. GE Power has allocated INR 50 lacs in CSR contributions towards this effort covering the current financial year.

As part of the project, the production of first railway coaches will start from mid-next year from Saran. GE, in collaboration with India Railways, is nearing completion of a Diesel Locomotive Manufacturing Plant in Marhaura, Saran district in Bihar. A new transmission line to Marhaura is being created to provide electricity to this factory. GE is also coming up with a state of the art maintenance shed for diesel locomotives in railway's land in Roza near Shahjahanpur.

To discuss the progress of the project, a delegation of GE led by its Vice chairman John G. Rice called on Mr Rajiv Pratap Rudy. During the meeting Mr Rudy expressed his desire that GE should conduct skill mapping of the surrounding areas in consequent wake of the requirement of skilled workforce in setting of the plant. He stated that the nearing ITIs can be leveraged to offer skilled resources. GE can also set up and additional infrastructure for training. The Minister further suggested to the GE delegation that old colonial infrastructure can be revamped to set up health care centres which GE can run under its CSR initiatives.

Mr Rudy flagged the issue of alarming levels of arsenic in the ground water of Bihar which he has been combating through his own personal funds and MPLAD budget allocations. He suggested the amble scope of development work on the said issue.

GE delegation updated the minister that they are working on extending support for ancillary industries in that region. Mr Rudy was informed that GE Healthcare, an arm of General Electric is working in line with the Skill India Mission and aim at creating 1, 00,000 strong skilled healthcare workforce in India by partnering with National Skill Development Corporation (NSDC) and has now set up skilling centres in 15 cities where they are training individuals to be lab technicians, X-Ray machine operators and Radiology equipment operators. 

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