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Vol. 37 No. 3 August, 2017 Chairman’s Desk .................................................................................................................................................... 05 Articles Mandatory Accreditation of Corporate Governance ............................................................................... 06 by Dr. U. D. Choubey Integrated Reporting: Closing the Reporting gap ................................................................................... 09 by Dr. S. K. Gupta Bringing Transparency and Enhancing Public Service ........................................................................... 12 by Dr. Guruprasad Mohapatra, IAS NHPC Aligning its HR Practices for Sustainable Development ............................................................ 14 by Nikhil Kumar Jain Safety – Specific Transformational Leadership Can..............................................18 Lift Organisation to Safety Excellence by B. B. Chakarvarty An analysis of quantum and pattern of amount spent on ...................................22 CSR activities: A case study of Maharatna CPSEs by Nisha Dewan The Right to Information Act - Experiences of an Oil PSU ..................................28 by Pankaj Kumar Socio Economic Parameters & Wholesome Economic Development .................31 by Samridhi Jain Best Practices in CPSEs Development of a Gram Panchayat undertaken by Mazagon Dock ..................36 Shipbuilders Limited under CSR by Commodore Rakesh Anand, (IN Retd) Central Electronics Ltd - A Classic Turnaround Case ...........................................39 by K. C. Katta & Manoj Sharma Swachh Bharat Campaign & CSR by ITI Limited .................................................43 by S. Gopu SCOPE News SCOPE’s National Convention on Digitalization: .................................................45 Opportunities and Challenges Chairman, SCOPE addresses the Media Persons at Jaipur ..................................50 SCOPE organizes Interactive Meeting with Chairman, SEBI ..............................51 SCOPE conducts 16th National Workshop on Succession Planning ..................53 Promoting Transparency & Accountability SCOPE National Meet ...................55 on RTI Act 2005 SCOPE Academy of Public Sector Enterprises (APSE) conducts ........................58 Management Development Program for Middle Level Executives at Jaipur SCOPE Promotes Lung Health Awareness for PSEs .............................................60 SCOPE-ILO Study on Women in Leadership and Management in PSEs ..........61 PSE News PSEs CSR Initiatives ...................................................................................................66 PSEs Ink MoU .............................................................................................................68 Joint Secretary MSME visits NSIC ...........................................................................69 Dr. Harsh Vardhan commends innovative use of solar energy by CEL ............70 REC Takes Up Village Electrification on Mission Mode: .....................................70 13,685 Villages Electrified up to 20th June 2017 PfC Launches its Maiden 54EC Bond Issue ...........................................................71 fSNL, Bhilai Celebrates International Yoga Day ...................................................71 IndianOil sets up 24x7 control rooms to attend Dealer’s issues on ....................72 Daily Price Revision of Petrol and Diesel Minister of State for Shipping Cuts the first Steel Plate for ................................72 1200 Pax Passenger Vessels in CSL NLCIL Doubles its Capacity in the Past Three Years ............................................73 Record Performance by AAI for fY 2016-17 ..........................................................73 Inauguration of Bengaluru CGD Project by GAIL ................................................74 THDCIL, NALCO, MCL, NRL organize Sabka Saath Sabka Vikas Sammelan .......75 MCL records all time high growth in 2016-17 .......................................................77 PSEs Celebrate International Yoga Day 2017 .........................................................78 Personalia ....................................................................................................................80 India’s first Canal Top Solar PV system at NTPC Mouda ...................................81 CEL baggs Hindustan Ratna PSU Award ...............................................................81 Minister, MSME applauds Achievements of NSIC ...............................................82 Contents NCL organises ‘Digital Literacy Workshop’ ..........................................................82 Vol. 37 No. 3 August, 2017 3 August, 37 No. Vol. Price per copy : Rs. 50/-(Payment may be sent by DD/Cheque drawn in favour of “Standing Conference of Public Enterprises”) ADVISORY BOARD Material published in KALEIDOSCOPE may be Dr. U.D. Choubey, Director General reproduced with prior permission of the Editor and with S. A. Khan, GGM (Corp. Affairs) acknowledgment in the accepted style. P. K. Sinha, DGM (HR) The views expressed in various articles are that of the U.K. Dikshit, Adviser (Programmes) authors and not necessarily of SCOPE Management. - Editor K. N. Dhawan, Adviser (CC) Published and printed at New Delhi by & Consulting Editor A. S. Khan on behalf of Standing Conference of Public Enterprises, Core 8,1st Floor, SCOPE Compex, 7 Lodhi EDITOR Road, New Delhi-110003 Nisha Sharma Tel.: 24361495, 24360101 Ext.: 2028, 2029 Fax: 24361371 PUBLISHER E-mail: [email protected] A. S. Khan at Rave Scan (P) Limited, A-27, Naraina Industrial Area, Phase-II, New Delhi - 110028 Total Pages : 88 Designed by Akar Advertising & Marketing (P) Ltd. Annual Subscription: Rs. 500/- Tel: 011-43700100 CHAIRMAN’S DESK Good governance is the soul of democracy and key to progress of a nation and its people. Similarly, in the corporate world, ethics and transparency is instilled through corporate governance to ensure business excellence and a healthy economy. Public Sector Enterprises (PSEs) owing to their exis- tential motto of serving the people of the nation, have always maintained high ethical standards and have been complying with rules and regula- tions. However, owing to their governance structure, PSEs have been fac- ing problems to comply with certain norms of corporate governance as laid in Companies Act and SEBI Guidelines. To discuss and elaborate on the corporate governance key issues, SCOPE organized an Interactive Meeting of Chief Executives, Directors and Senior Executives of PSEs with Mr. Ajay Tyagi, IAS, Chairman, Securities & Exchange Board of India (SEBI) which was attended by many CEOs and Directors from various PSEs including listed PSEs. Various issues concerning PSEs such as limitations of PSEs regarding appointment of Independent Directors, level playing field, size of Board etc. were highlighted during the meeting. SEBI Chairman, assured to look into these issues and also agreed to have another meeting within a short span with select PSEs. As important as corporate governance is to maintain the economic integrity of an organization, sustainable develop- ment and climate change is important for the future of the world. The growing chasm between the rich and poor, the alarming scenarios posed by the climate change all over the world, has brought the requirement of serious introspection by the organizations. PSEs, being an important segment of economy, owe the responsibility to support the government in achieving Sustainable Development Goals (SDGs). Considering the importance of sustainable development and climate change, SCOPE recently organized its 2nd National Seminar on the theme. Resource persons from Ministry of Environment and forests, Niti Aayog, ILO, TERI and leading PSEs addressed the participants. The support received from the PSEs was overwhelming. I am sure, PSEs will continue their stride towards promoting the initiatives of government for bringing sustainable development and climate change. Apart from focusing on SDGs, climate change and corporate governance, SCOPE is also concerned about the chang- ing geo political landscape across the globe which has compelled it to think about the role of PSEs and its governance structure. Advanced Global Leadership Program (AGLP) is one such effort of SCOPE to provide a unique learning opportunity to the top management of PSEs and provide them a wider perspective of the rapidly changing business environment. Sixth in the series, AGLP is being conducted this year in association with IIM-Kolkata which includes visits to industries, international organizations and Universities in Europe and USA. While working with the top level management, it is equally important to hone and prepare the skills of young execu- tives at entry and middle level management, Academy of Public Sector Enterprises (APSE) has been successfully con- ducting programs to provide comprehensive training to these executives of PSEs. SCOPE-APSE recently organized five days Management Development Program for Middle Level Executives at Jaipur with the theme - Developing future Leaders: Challenges and Opportunities. With the support of PSEs, I am sure, APSE will further excel in its commitment of creating cadre of talented pool in PSEs. SCOPE is committed to bring excellence in public sector and promoting their cause. With the support of public sector fraternity, we will continue to work for them and represent them at various forums to ensure their smooth functioning

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