Steel Authority of India Limited has got Golden Peacock Environment Management Award

New Delhi, June, 28: Steel Authority of India Limited (SAIL) has got the Golden Peacock Environment Management Award for the year 2011. SAIL's ambitious initiatives and achievements in the environment management, has made them suitable candidate for the award. The award was presented by Union Minister for Home Affairs P. Chidambaram in a function. 

The Golden Peacock Award, is created by the Institute of Directors, New Delhi, are presented annually under the multiple categories. The winners of the Golden Peacock Awards for 2011 were selected by an expert jury headed by Justice P.N. Bhagwati, former Chief Justice of India and Member, UN Human Rights Commission, and were honored on the juncture of the 13th World Congress on Environment Management.

Talking at a panel discussion during the 'Environmental Initiatives for Corporate Sustainability' seminar, SAIL Chairman, C.S. Verma, told that the steel industry "is putting in concerted efforts and adopting a multi-pronged strategy" to minimise the emission of greenhouse gases and to achieve greater sustainable practices.

Highlighting the achievements of SAIL in this endeavor, he said that in the last four years; SAIL has succeeded in reducing particulate emissions by 52%, specific water consumption by 11% and specific energy consumption by 5%, while increasing solid waste utilization by 18 %. SAIL has continuously been undertaking continuous proactive steps in complete environment management and preservation.

To improve the environment in the premises of plants and in its surrounding habitat, company has put in strong efforts such as constant operation of air pollution control systems, regular maintenance and sewage treatment plants, recycling of solid wastes and adoption of cleaner and environment friendly technologies.

Source:www.goindocal.com

Chinese Fears Against Popular Anti Corruption Websites

Beijing,June,27 :China is inching towards the web revolution as Chen Hong and his team of 30 volunteers are working to improve www.ibribery.com, the website which allowed people to post anonymous tips on official bribery. 

With approximately 200,000 unique visitors in two weeks, it had proved too popular for the comfort of the “communist government”, which responded by blocking access to the site for people inside China.

A visibly worried Chen pulled the site off net till he could reach an understanding with the government as he “didn't want the site to be perceived as a threat, but more to help them (the government) solve problems that already exist”. However, the government feared that such sites could be used by groups as a tool to rally for anti government and anti establishment protests.

The lack of freedom of speech and the freedom of press, together with government’s tendency to stifle non governmental dissent “to preserve social stability” and a weak judicial system, have further aggravated the problems  of common citizens and devoid of any other forum to air their grievances, many of them even “commit suicide".

Public surveys routinely list corruption as the No. 1 grievance of the people despite the numerous campaigns over the past decade by the government to end the menace. "Bribery has just become a way of life in China and everyone is affected\".  It has worsened with economic prosperity. 

The watchdog group Transparency International\'s 2010 Corruption Perceptions Index, which rates countries on a scale of 0 to 10, with 0 being highly corrupt, and 10 being highly clean, allotted a meager 3.5 for China, the same rating as Thailand, Serbia, Greece and Colombia, while the United States got 7.1, and Denmark, New Zealand and Singapore, which were at the top received 9.3.

And this is despite the harsh punishments imposed on those convicted of corruption charges amongst whom are many senior party politicians and government ministers.

Chen’s website was inspired by an Indian website for similar purposes named, www.ipaidabribe.com, run by a Bangalore-based non-profit group. Later some other bribery centered websites like www.522phone.com and www.wohuixingle.info also surfaced which have now been shut down too due to pressures of the “communist regime”.

Wu Yuliang, a vice chairman of the Communist Party's anti-corruption agency, says that the government values the role that  net can play in combating corruption. Still, such websites should operate in accordance to law. \"The government should look at these sites as a good thing and we should encourage similar forums to help push reform, transparency, and more public involvement in China", says He Zengke, Director of the Institute of Contemporary Marxism at the Central Compilation and Translation Bureau, a Communist Party research institute.

With approximately 450 million netizens, China boasts of the largest numbers of internet users at world level. The net has thus become a convenient forum to air grievances as well as for efforts to circumvent  the restrictions on free speech and government control. 

Meanwhile Chen planned to apply for a license with China's Internet control body and gain approval to operate the site on the mainland. 

By:Rajesh Kumar Pandey

www.goindical.com

http://goindocal.com/world-%BB-china--chinese-vernment-fears-popular-anti-corruption-websitesgo-1348.htm

JPSC 4th PT Result in July

Ranchi, June, 23:Recently appointed chairman Jharkhand Public Service Commission (JPSC) Shiv Basant is expected to take charge on June 30. He is currently holding the top post of the State Finance Commission, is waiting for his application for voluntary retirement (VRS) getting cleared.

As per sources in the Personnel Department, the Jharkhand Government has sent his application to the Union Government couple of days ago and waiting for its approval on it. 

“The State Government has cleared his case and a letter seeking VRS to Shiv Basant has been sent to New Delhi. As soon as we get the clearance, his services as IAS will come to an end. It will clear his ways joining the JPSC,” said a senior official of the Department.

Sources in the Government had indicated that Shiv Basant would join the JPSC on June 30 as its chairman. 

His application of VRS is likely to be cleared within a week’s time from the Union Government with his retirement his tenure with the State Finance Commission will also come to an end.

The staffs in the JPSC have revealed that the already delayed result of the 4th Combined Civil Services PT would be released after Basant takes the charge. “Normal work is continuing. But the result is expected to come-up after his joining the office. As the Government has issued the notification (of Basant’s appointment) we would like to wait,” said a senior officer in JPSC. 

Present administration in the commission is looking under-prepared as far as the result of preliminary exam is concerned. A section of examinees had complained about considerable number of questions repeated that had already being asked in the UPSC examination. With the Controller of Examination of JPSC recommending for re-examination, Basant’s decision would be extremely crucial in this matter. 

The Government had decided on May 24 to Shiv Basant as full-fledged chairman of the Commission. 

The post of the chairman of JPSC is vacant since the arrest of Dilip Prasad who was the last fulltime chairman of the JPSC. Currently Praveez Hassan, is officiating as acting-chairman in Commission.

Source: www.goindocal.com

MP PET 2011 Result

The result or the Madhya Pradesh Pre Engineering Test, conducted by the MP government on May 22, are expected to be announced next week.

There are 159 institutes in Madhya Predesh thai  offers BE course through MP PET.The MP PET results 2011 can be seen from Madhya Pradesh Professional Examination Board (Madhya Pradesh Vyavsayik Pareeksha Mandal) official website.

As far as reservation of seats are concerned, 90 % seats in the government and government aided colleges are reserved for Madhya Pradesh candidates while five per cent are for candidates residing outside MP. For NRIs too there is a 5 % reservation.

And as far as private of self-financing institutes are concerned 75 % of seats are reserved for MP candidates, 20 % for outside candidates and five per cent for NRI candidates.

A candidate must have passed 10+2 or equivalent examination with Physics, Chemistry and Mathematics for appearing in the examination. Those who are appearing for class 12th exams in 2010 can also apply.

FedEx reported a strong fourth-quarter profit

FedEx reported a strong fourth-quarter profit Wednesday despite fuel and economic challenges and forecast robust 2012 earnings, sending its shares up 3 percent in premarket trading.

"Our actions to improve yields continue to drive revenue and earnings growth across our transportation segments," said Alan B. Graf, FedEX chief financial officer. "Even with higher planned capital spending in fiscal 2012, margins, cash flows and returns are expected to improve year over year."

The No. 2 package delivery company has been able to pass through higher costs via fuel surcharges and still has room to raise prices without major push-back from consumers, most analysts said.

Net profit rose 33 percent to $558 million, or $1.75 per share in the quarter that ended May 31, from $419 million, or $1.33 per share a year ago.

Analysts, on average, forecast a $1.72 per share profit, according to Thomson Reuters. It was not immediately clear if the two numbers were directly comparable FedEx forecasts fiscal 2012 profit rising to $6.35 to $6.85 per share.

That forecast is based on the current market outlook for fuel prices and continued moderate global economic growth. FedEx said it plans to spend $4.2 billion in fiscal 2012, which includes the delivery of aircraft, payments toward future aircraft deliveries and investments in facilities, vehicles and technology.

Capital spending in fiscal 2011 was $3.4 billion, of which $2 billion was for aircraft and related equipment. The company has been upgrading its fleet to more fuel efficient aircraft.

Fourth-quarter revenue rose 12 percent to $10.55 billion from $9.43 billion a year ago, Memphis, Tennessee-based FedEx said on Wednesday. Wall Street analysts expected $10.4 billion in revenue, on average, according to Thomson Reuters.

Adjusted earnings were $4.90 per share in 2011, up from $3.76 a year ago and directly in line with the consensus forecast.

Source CNBC.COM