The Securities Markets Code, 2025: Strengthened Enforcement, Weakened Accountability? (See 'CORP EINSICHT') India far more urban in functional terms than official definitions: Survey (See 'Corp Brief') Economic Survey lays stress on swadeshi for strategic resilience (See 'Corp Brief') 5G services now available in over 99% districts (See 'Corp Brief') Survey asks States to focus on entrepreneurial policy making (See 'Corp Brief') Health insurance accounts for 41% of Gross Domestic Premium (See 'Corp Brief') IBC - NCLT can't decide title disputes over assets, including IPRs such as trademarks, unless they have direct & proximate nexus with insolvency resolution process: SC (See 'Legal Desk') 'Vande Mataram', 'Anand Math', 'Atulya Bharat' tunes to regale audience at Beating Retreat ceremony (See 'Corp Brief') Youth Lead Democracy: Model Youth Gram Sabha Awards Conferred in Delhi (See 'Corp Brief') Misc - Execution sale during pendency of insolvency proceedings held void; Official Receiver can seek annulment even without expressly invoking Section 56: HC (See 'Legal Desk') Union fisheries secretary engages shrimp farmers, boosts scientific innovation in aquaculture (See 'Corp Brief') Learjet 45 aircraft VT-SSK crash at Baramati Airport of M/s VSR Ventures PVT LTD (See 'Corp Brief') SAFEMA - contravention of Sections 3(d) and 7(1)(a)can be established based on documentary evidence & circumstantial corroboration applying the standard of preponderance of probabilities, even in absence of direct evidence of cash payment: SAFEMA (See 'Legal Desk') CCI nod to acquisition of certain shareholding of Toyota Industries Corp (See 'Corp Brief') IBC - Resolution Professionals under IBC are public servants under Prevention of Corruption Act: HC (See 'Legal Desk') Department of Posts signs Agreement with Stock Holding Services Limited for access to capital market services (See 'Corp Brief') SEBI - Failure to make timely disclosure of material developments relating to a proposed scheme of arrangement & delayed disclosure of outcome of board meeting constitutes violation of LODR Regulations: SEBI (See 'Legal Desk') MSME beneficiaries invited as special guests for R-Day celebrations (See 'Corp Brief') PMLA - Offence of money-laundering is independent offence regarding process or activity connected with proceeds of crime which had been derived or obtained as result of criminal activity relating to or in relation to scheduled offence: SAFEMA (See 'Legal Desk')

Pradhan participates at National Vendor Development Program for SC/ST Entrepreneurs

Published: Jan 14, 2020

By TIOL News Service

NEW DELHI, JAN 14, 2020: THE Union Minister of Petroleum and Natural Gas & Steel, Mr. Dharmendra Pradhan, yesterday flagged off 3121st Bulk LPG Tanker Truck and participated in the Special National Vendor Development Program on Petroleum & Steel sectors for SC/ST Entrepreneurs, organised by Dalit Indian Chamber of Commerce and Industry (DICCI).

Speaking on the occasion, Mr Pradhan said the Government has gone beyond providing scholarships and reservations for SC/STs, and is empowering them to become entrepreneurs. "Inspired by the vision of Babasaheb, Hon'ble Prime Minister Mr. Narendra Modi has worked with the spirit of Sabka Saath, Sabka Vishwas, Sabka Vikas to unleash the entrepreneurial spirit of SC/ST community, disadvantaged sections of the society and minorities. Prime Minister Mr. Narendra Modi has envisioned that the SC/ST community should become the owners of businesses and be job creators instead of just being job seekers. Under his leadership, India is establishing a new model of affirmative action for the world.", he said.

Speaking about Government's various efforts towards welfare of SC/ST communities, Mr. Pradhan said, "Government has come up with Rs.100 lakh crore worth of National Infrastructure Pipeline. We made a plan to open 75,000 petrol pumps, out of which 20,000 have been reserved for the SC/ST brothers and sisters. Out of this, more than 17 thousand LOIs have already been given to them, and work has begun for putting up 3600 Retail Outlets. Out of over 8cr Ujjwala connections, over 3cr. connections have been handed over to the SC/ST families". The Minister further said that various Ministries have ensured handholding of SC/ST entrepreneurs to make Stand Up India, a success. He said that government has simplified procedures, established policies, worked with all stakeholders to support the entrepreneurial spirit of SC/ST brothers and sisters and to ensure new entrepreneurs are not at a disadvantage. He said that the Government has ensured that PSUs procure at least 25% of their requirements from the MSMEs and banks have been targets to lend to start-ups, giving impetus to entrepreneurial spirit among the disadvantaged sections of the society.

The Minister also presented token of appreciation to Bank of Baroda, Oriental Insurance Company, Ashok Leyland, Tata Motors, Indian Oil Corporation Ltd, Bharat Petroleum Corp. Ltd., Hindustan Petroleum Corp. Ltd. among others, for their contributions.

DICCI is apex body of SC/ST Entrepreneurs in the country with 29 state and 7 international chapters. DICCI organizes NVDP and industrial exhibitions and trade fair to showcase products manufactured by SC/ST businessmen, to leverage market access support & networking. The Special NVDP was attended by around 700 SC-ST medium and small enterprises from across the country.

TIOL CORP SEARCH

TIOL GROUP WEBSITES