Adani Energy completes acquisition of Essar's Mahan-Sipat Transmission assets (See 'Corp Brief') Arbitration - Since settlement has not worked out Court decided to refer matter to arbitration : HC (See 'Legal Desk') Power Finance Corporation announces Highest Annual Profit (See 'Corp Brief') SEBI Act - Considering receipt of settlement amount by SEBI and fulfilment of non-monetary term of settlement, adjudication proceedings initiated against Applicant can be disposed of : SEBI (See 'Legal Desk') PMLA Act -Without discussion as to how property is involved in money laundering conclusions recorded by Adjudicating Authority cannot sustain : Tribunal (See 'Legal Desk') Mines Ministry organizes Workshop on Offshore Mining (See 'Corp Brief') SAFEMA - Appellant have furnished evidence which show satisfactorily that they took all reasonable steps to realise export proceeds : Tribunal (See 'Legal Desk') Companies Act - Winding up petition can be dismissed when contentions raised by parties constitute triable issues as Company Court cannot enter into adjudication of disputed facts of amount due and payable : HC (See 'Legal Desk') NHAI organises Workshop on implementation of Insurance Surety Bonds (See 'Corp Brief') Competition Act - In absence of any apparent anti-competitive conduct, decision of purchase or sale of product and quantity thereof is driven by commercial considerations of market players : CCI (See 'Legal Desk') Slum Rehabilitation Act - Preferential right to owner is available only when someone other than owner is being preferred and owner has never before been given or availed of right to develop : HC (See 'Legal Desk') CPC - Application can be dismissed as Intervener has already initiated its own remedy by way of independent Execution Petition : HC (See 'Legal Desk') Principal Scientific Adviser chairs meeting to discuss Biomass Cultivation (See 'Corp Brief') SEBI Act - Appellant has not shown sufficient cause for condonation of delay in filing appeal : SAT (See 'Legal Desk') PMLA - When questions relating to legality of arrest is under consideration, more holistic and libertarian view is to release Chief Minister of Delhi on interim bail for Lok Sabha General Elections : SC (See 'Legal Desk') Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 - Order for forfeiture of properties is rightly made as property is occupied through lllegal earning : Tribunal (See 'Legal Desk') India Pavilion at World Hydrogen Summit showcases Green Hydrogen Mission (See 'Corp Brief') Arbitration Act - As petitioner is not notified as 'financial institution' or 'bank' under RDB Act, there is no bar on parallel proceedings to co-exist under A&C Act as well as SARFAESI Act : HC (See 'Legal Desk') Cr.P.C. - Once order issuing process has been set aside, then applicant has no right to file application u/s 482 of Cr.P.C. for quashment of complaint case : HC (See 'Legal Desk') Competition Act - WordPress.org is justified in taking appropriate action against any developer found non-compliant with prescribed standards and regulations : CCI (See 'Legal Desk')

Railway Minister calls for crowd-sourcing of ideas for boosting profitability

Published: Jul 17, 2020

By TIOLCORPLAWS News Service

NEW DELHI, JULY 17, 2020: MINISTRY of Railways conducted first ever online Workman Sanghosti in which representatives of Railways Worker's Unions participated from across the country. This "Workmen Sangosthi" was attended by Mr Piyush Goyal, Minister of Railways and Commerce & Industry, Mr Suresh C Angadi, Minister of State of Railways, Mr V.K.Yadav, Chairman, Railway Board along with senior officers of Railway Board.

During the Sangosthi, office bearers of both the federations- AIRF and NFIR, Mr Rakhal Das Gupta, Mr Gumman Singh, Mr Shiv Gopal Mishra and Dr. M.Raghavaiah and other office bearers of the Federation presented their views.

Addressing the Sangosthi, Mr Piyush Goyal expressed the gratitude for Railway workmen for performing duties relentlessly during the lockdown period. The Minister said, "From highest level to the lowest level, all officers and staff have sincerely performed their duties during the lockdown. Presently, Indian Railways is going through critical time due to the pandemic. The Minister urged the leaders of the federations to ponder how Railways can overcome this crisis that is looming across the world due to this pandemic. He also asked Railway federations to come up with unique ideas how Railways revenue can be increased, costs minimised, freight share be improved and how the railways can move further and faster. He also asked all to think about the safety and welfare of existing employees. He stressed upon the collective effort required by Railways officers, unions and staff during this phase..

In a unique move , the Minister has sought crowd sourcing of ideas for boosting profitability and transformational changes from the railway employees. The heart of railway employees beats for the organisation. They would be having ideas which can boost the profitability of Railways. The Minister directed the General Managers and Divisional Railway Managers to actively seek these ideas from the employees and transmit the same to the Ministry.

Addressing the Sangosthi, Shi Suresh C. Angadi, Minister of State of Railways said, that Indian Railways had never stopped in last 167 years but it was stopped due to this pandemic. All Railway employees have worked tirelessly during the pandemic. He congratulated the staff of Indian Railways for working as a warriors. The Minister expressed that in future also Railway staff would work hard and make Indian Railways as the best Railways in the world.

Earlier, Dr. Aanand S. Khati, DG/HR, Railway Board informed that Indian Railways has more than 12.18 lacs employees on roll. 1.21 lakh employees have been recruited recently. Process for recruitment of 1.40 lakh vacancies has been initiated.

During the Sangosthi, Office bearers of the Federations highlighted the work done by Railway employees in challenging Covid times and sought active engagement in the process of transformational changes sweeping the Railways.

Office bearers of the Railway Unions said that Railway employees were standing with Ministry in its mission for development of Railways. Improvement of Efficiency and financial health is not only in the interest of the employees but of the nation. They said Railway employees were capable of taking any responsibility for the same.

TIOL CORP SEARCH

TIOL GROUP WEBSITES