Importance of financial inclusion in the indian scenario

There should be no discrimination between men and woman.

Importance of financial inclusion in the indian scenario

Importance of financial inclusion in the indian scenario

Page last modified on: The Award is based on the internationally recognized EFQM Excellence Model and is considered to be one of the highest recognition in the country in the area of Business Excellence.

The award has been instituted with the aim of enhancing the Competitiveness of India Inc. Appreciating the concerted efforts made by the employees, Dr. Tapan Kumar Chand, CMD of the company, conveyed hearty congratulations to NALCO Collective and said, that with our new business plan in place, we now focus on business excellence rather than just being a business organization.

The refinery had clocked the highest ever Alumina Hydrate production of Known for its excellent quality, the alumina produced is highly sought in the international market. The week-long programme began with the administering of integrity pledge among the employees.

On the occasion, Dr. In his address, Dr. Chand underscored the importance of effective vigilance system and termed it as a promoter of good governance.

He also stressed on the value system and organizational culture to strengthen the vigilance mechanism. Dr Chand also briefed about the best practices and system study improvements implemented in NALCO for bringing total transparency in the eyes of general public. Murthy, GM Vigilance proposed the vote of thanks.

It may be noted that as part of the ongoing outreach programmes, NALCO has been associated in a special drive for administrating e-integrity pledge and physical integrity pledge at different schools and colleges in Bhubaneswar, Cuttack, Angul and Damanjodi of Odisha, showing a way in for individual and group commitment to anti-corruption.

The prize distribution ceremony was held yesterday at the Jawaharlal Nehru Indoor Stadium in Cuttack. NALCO is gearing up and all set to meet this challenge.

On the concluding Day of the conclave, the Company took an innovative approach of inviting students and youngsters to the pavilion to give a firsthand experience of the technology and know more about NALCO and its activities.

Besides, a large number of girl students enrolled under the flagship CSR programme NALCO ki Ladli also visited the pavilion and were presented with personal hygiene kits.

The net profit of the company has gone up from Rs. While the net profit of NALCO in the H1 of current fiscal has increased around three-fold, operating Profit of the company has increased more than four-fold, registering Rs.

Importance of financial inclusion in the indian scenario

According to the reviewed financial results for the 2 nd quarter and first half of the financial year taken on record by the Board of Directors in the meeting held at Bhubaneswar today, NALCO has achieved a net profit of Rs.

Despite high volatility in alumina and aluminium markets due to US Trade Sanctions etc. NALCO has been able to significantly improve its performance due to the New Business Model introduced by the company one and a half year back, which has helped in doubling its net profit during the last financial year and significant improvement further in Q1 ofwherein NALCO registered a net profit of Rs.

Under the New Business Model, the focus has been on reducing the specific consumption, cost reduction, production augmentation, strategic marketing in spot market etc.

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For this, the company has sought online applications through its website, till Interested engineers may apply online at www.

This international conference is being attended by more than 6, delegates from across the world representing more than 90 countries with thousands of miners, corporates, consultants, technocrats and investors.

The participation of India aims to explore the avenues for collaboration in the fields of acquisition of mineral resources, mining and metallurgical technology, exploration in geo science studies etc.

State governments and industry bodies are also encouraged to participate in these events.International Journal of Financial Studies (ISSN ) is an international, peer-reviewed, scholarly open access journal on financial market, instruments, policy, and management research published quarterly online by MDPI..

Open Access - free for readers, with article processing charges (APC) partially funded by institutions through Knowledge Unlatched and partially funded by MDPI. Reasons Financial Inclusion in India is Important: Financial inclusion of the unbanked masses is a critical step that requires political will, bureaucratic support and constant pressure by the RBI.

It is expected to unleash the hugely untapped potential of the bottom-of-pyramid section of Indian economy. A nail in the coffin for the largest QE trade Weekly investor research. 29 October The rise in US company costs exposed by the latest round of results is by far the most important change in the global financial landscape in the past couple of weeks.

Financial inclusion is important priority of the country in terms of economic growth and advanceness of society. It enables to reduce the gap between rich and poor population. In the current scenario financial institutions are the robust pillars of progress, economic growth and development of the economy.

FINANCIAL INCLUSION IN INDIA- IMPACT & CHALLENGES Financial inclusion in India – The way forward ABSTRACT: The government of India & RBI has out with a major initiative towards ensuring the inclusive growth through financial inclusion so that the access .

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