Rs 210 crores one time saving and Rs 75 crore recurring annual savings from award winning projectsNew Delhi:"It is a matter of pride for all of us that 76% of awardees who have won the Vishwakarma Rashtriya Puraskar (VRP) are from Steel Authority of India Limited," stated SAIL Chairman Mr CS Verma at a felicitation ceremony for VRP awardees organised at SCOPE Complex yesterday. Continuing with its glorious tradition of previous years, 88 out of total 118 awardees for the performance year 2011 were from SAIL, who were awarded by Union Minister of Labour and Employment Shri Sis Ram Ola at a glittering ceremony held at Vigyan Bhawan yesterday. Estimated annual savings resulting from implementation of works mentioned in SAIL's award winning projects are over Rs 75 crore on a recurring basis and Rs 210 crore on a one-time basis.SAIL won 18 out of 28 awards, which went to employees from SAIL's five plants including Bhilai Steel Plant, Bokaro Steel Plant, Rourkela Steel Plant, Durgapur Steel Plant and Salem Steel Plant.In the Prime Minister's Shram Awards for 2012 announced early this month, SAIL won 6 out of the 16 awards conferred on PSUs; SAIL employees constituted half of the total Shram awardees.Instituted by the Government of India in 1965, the Vishwakarma Rashtriya Puraskar is a national award given every year by the Ministry of Labour in association with the Directorate General, Factory Advice Service & Labour Institutes. The Shram awards, on the other hand, are given in recognition of distinguished performance, innovative abilities, outstanding contribution in the field of productivity and exhibition of exceptional courage and presence of mind.Photo captions:SAIL Chairman Mr C.S. Verma with SAIL Directors and VRP winners at a felicitation ceremony organized for winners on September 18
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