PSUs : Burning Oil for the Cause
June 10, 2026
  • Read Ecopy
  • Circulation
  • Advertise
  • Careers
  • About Us
  • Contact Us
Android AppiPhone AppArattai
Organiser
  • ‌
  • Bharat
    • Assam
    • Bihar
    • Chhattisgarh
    • Jharkhand
    • Maharashtra
    • View All States
  • World
    • Asia
    • Europe
    • North America
    • South America
    • Africa
    • Australia
  • Editorial
  • International
  • Opinion
  • RSS @ 100
  • More
    • Op Sindoor
    • Analysis
    • Sports
    • Defence
    • Politics
    • Business
    • Economy
    • Culture
    • Special Report
    • Sci & Tech
    • Entertainment
    • G20
    • Azadi Ka Amrit Mahotsav
    • Vocal4Local
    • Web Stories
    • Education
    • Employment
    • Books
    • Interviews
    • Travel
    • Law
    • Health
    • Obituary
  • Subscribe
    • Subscribe Print Edition
    • Subscribe Ecopy
    • Read Ecopy
  • ‌
  • Bharat
    • Assam
    • Bihar
    • Chhattisgarh
    • Jharkhand
    • Maharashtra
    • View All States
  • World
    • Asia
    • Europe
    • North America
    • South America
    • Africa
    • Australia
  • Editorial
  • International
  • Opinion
  • RSS @ 100
  • More
    • Op Sindoor
    • Analysis
    • Sports
    • Defence
    • Politics
    • Business
    • Economy
    • Culture
    • Special Report
    • Sci & Tech
    • Entertainment
    • G20
    • Azadi Ka Amrit Mahotsav
    • Vocal4Local
    • Web Stories
    • Education
    • Employment
    • Books
    • Interviews
    • Travel
    • Law
    • Health
    • Obituary
  • Subscribe
    • Subscribe Print Edition
    • Subscribe Ecopy
    • Read Ecopy
Organiser
  • Home
  • Bharat
  • World
  • Operation Sindoor
  • Editorial
  • Analysis
  • Opinion
  • Culture
  • Defence
  • International Edition
  • RSS @ 100
  • Magazine
  • Read Ecopy
Home Bharat

PSUs : Burning Oil for the Cause

PSUs : Burning Oil for the Cause

Archive ManagerArchive Manager
Jun 6, 2016, 01:03 pm IST
in Bharat
Follow on Google News
FacebookTwitterWhatsAppTelegramEmail

 

Public Sector Undertakings (PSUs) have been termed as white elephants for a long time. They are not fulfilling their expected mandate is the implied meaning of this; forget about the contributing to the social and national cause. The PSUs, especially under the Ministry of Petroleum and Natural Gas, perhaps have decided to get away with the ‘liability tag’. The recent restoration of Veer Savarkar Flame at the Cellular Jain in Andaman by the Indian Oil Foundation (IOF) is a classic example of this.
The story began in the year 2000 when the IOF was created as a non-profit trust with the objective of protecting, preserving and promoting this glorious past. In collaboration with the Archaeological Survey of India (ASI) and the National Culture Fund of the Ministry of Culture, Government of India the foundation decided to adopt at least one heritage site in every State and Union Territory with an initial corpus of Rs. 25 crore and an annual contribution of Rs. 10 crore, exclusively by the Indian Oil. In 2004 itself, IOF erected a plaque in the memory of Veer Savarkar at the Cellular Jail where the great revolutionary spent 16 years of life as a freedom fighter. With the advent of UPA rule, the plaque was removed from there to insult one of the greatest sons of Mother Bharat. At the same time, the whole Corporate Social Responsibility (CSR) initiatives took a back seat. The NDA government under Prime Minister Modi has revived the spirit of this responsibility which is paying great dividend through the implementation of various government programmes by these PSU led initiatives. The CSR Rules that came into existence on April 1, 2014 state that firms with a net worth of Rs 500 crore or revenue of Rs 1,000 crore or net profit of Rs 5 crore spend 2 per cent of their average profit in the past three years on social development-related activities listed in Schedule VII of the Rules. This has certainly boosted the possibility of substantial contribution by the PSUs for the social sector.
The IOF initiative is not limited to protection and promotion of the culture but extended to various social programmes. In January this year, Minister of State (I/C) for Petroleum and Natural Gas Dharmendra Pradhan inaugurated the Golden Jubilee Skill Development Centre Dakshata, which has been set up in Indian Oil’s Barauni Refinery Township in partnership with CII. The Centre is training about 400 youth in a year in selected trades, creating employment avenues for them. Several other initiatives have also been launched for the benefit of the neighbouring villagers like Nishakt Sahayata Yojana for providing artificial limbs and medical assistance to physically challenged, Surya Jyoti Yojana for distribution of solar lanterns, Balika Uthhan Yojana which aims to encourage girl students through distribution of educational aids and Pashu Swasthya  Sanrakshan Yojana for improving the health of village cattle through mobile veterinary clinics, ultimately ushering in prosperity for the village communities.
The story of taking additional responsibility is not limited to IOF. While replying to a question in Lok Sabha during the budget session, the Minister informed that the idea of setting up Skill Development Institute in different regions of the country. Oil India Ltd. (OIL) and Oil and Natural Gas Corporation Limited (ONGC) hasve volunteered to take up one such project in North-East India with outlay of Rs 99.51 crore and 19.97 crore each in the state of Assam. Under Swach Vidhyala Abhiyan, ONGC has successfully completed the construction and renovation work of 8202 toilets in 5995 schools across 10 states of the country. Hartoki water project, which is 60 kms North West of Aizwal, the capital of Mizoram, is credited as one of the most unique projects which is designed in a way that the entire village of more than 500 households get non-stop running water without using any electricity. It is through the gravity that water from the fountainhead now reaches the massive tank near the village and from there to each household. The project involved the challenge of laying 5 kilometre long pipeline from across the river and connecting to each household apart from the massive 1.7 Lakhs litre tank constructed at the hill-top just above the village, in partnership with Public Health Engineering Department of Mizoram.
GAIL, the largest gas transmission and marketing company in Bharat has spent Rs 160.56 crore on various projects such as, Installation of mechanised laundry in Govt. General Hospital, Kakinada, East Godavari, Andhra Pradesh, E-Shiksha – Computer Literacy to Youth in various Villages through Mobile Van in Guna District of Madhya Pradesh and Providing individual solar lighting system in 1000 houses of village Bhagyanagar, Ajitmal, and Achalda Block of Auraiya District of Uttar Pradesh. This financial year total allocated CSR Budget of GAIL is Rs.162.63 Cr which is 2.7 per cent more than the previous year. Similar initiatives are taken up by the Bharat Petroleum Corporation Limited (BPCL) in the fields of Swacch Bharat Abhiyan, Rain Water Harvesting an Education in the 26 backward districts of 7 states. HPCL has taken forward Swavalamban (Self Reliance), Suraksha (Security) and Unnati (progress) schemes with the partnership of CII, Transport Corporation of India Foundation and NIIT respectively in 35 districts of 14 states.
All these initiatives are set to change the narrative about the functioning of the PSUs. The organisations generally perceived to be inefficient and non-responsive are actively coming forward to contribute and carry forward various government schemes. Such integral approach of implementing flagship programmes for addressing the critical issues before the nation can transform the delivery mechanism of services. If these PSUs continue to carry this            additional responsibility, besides their stated mandate, their CSR models can become role models of Collective Social Responsibility for other           organisations.       – Oganiser Bureau

ShareTweetSendShareSend
✮ Subscribe Organiser YouTube Channel. ✮
✮ Join Organiser's WhatsApp channel for Nationalist views beyond the news. ✮
Previous News

Editorial : Congress Caught in ?Catch 22?

Next News

Report/Veer Savarkar Jyot : Restoring the Honour through Eternal Flame

Related News

Mansoor Ahmed and daughter Shamshad Begum arrested for Rs 5.3 cr government job scam

Karnataka Job Scam Busted: Mansoor, daughter Shamshad Begum arrested for Rs 5.3 crore fraud; 40+ aspirants duped

Shamli Conversion Case: Delhi Nikahnama, Name Changes and Pakistan-Based Preacher Videos Under Scanner; Father Awaits Ayush Malik’s Return Home

Shamli Conversion Case: How a Delhi nikahnama, Pakistani cleric’s lectures and an affair changed Ayush Malik’s life

CM Suvendu Adhikari announces 125-ft Syama Prasad Mookerji statue in Kolkata on 125th birth anniversary

CM Suvendu Adhikari announces 125-foot Syama Prasad Mookerjee statue in Kolkata to mark his 125th birth anniversary

“They Took My Son Away”: Ayush Malik’s Father Accuses Chandni Qureshi of Conversion Plot and Property Grab in Shamli

“They ruined my family, took my son away”: Ayush Malik’s father says changes began when he started growing a beard

Back-to-Back Love Jihad Cases in Lucknow: PGI Woman Goes Missing, Another Alleges Conversion Pressure After Marriage Promise

Back to back Love Jihad in Lucknow: PGI woman missing after meeting Irshad, Another alleges conversion by Zubair Ansari

New update in Nashik TCS Coporate Jihad Case as accused were asked to read a book titled The Life of Muhammad

Nashik TCS Corporate Jihad: Investigators probe claims victims were asked to read book ‘The Life of Muhammad’

Load More

Latest News

Mansoor Ahmed and daughter Shamshad Begum arrested for Rs 5.3 cr government job scam

Karnataka Job Scam Busted: Mansoor, daughter Shamshad Begum arrested for Rs 5.3 crore fraud; 40+ aspirants duped

Shamli Conversion Case: Delhi Nikahnama, Name Changes and Pakistan-Based Preacher Videos Under Scanner; Father Awaits Ayush Malik’s Return Home

Shamli Conversion Case: How a Delhi nikahnama, Pakistani cleric’s lectures and an affair changed Ayush Malik’s life

CM Suvendu Adhikari announces 125-ft Syama Prasad Mookerji statue in Kolkata on 125th birth anniversary

CM Suvendu Adhikari announces 125-foot Syama Prasad Mookerjee statue in Kolkata to mark his 125th birth anniversary

“They Took My Son Away”: Ayush Malik’s Father Accuses Chandni Qureshi of Conversion Plot and Property Grab in Shamli

“They ruined my family, took my son away”: Ayush Malik’s father says changes began when he started growing a beard

Back-to-Back Love Jihad Cases in Lucknow: PGI Woman Goes Missing, Another Alleges Conversion Pressure After Marriage Promise

Back to back Love Jihad in Lucknow: PGI woman missing after meeting Irshad, Another alleges conversion by Zubair Ansari

New update in Nashik TCS Coporate Jihad Case as accused were asked to read a book titled The Life of Muhammad

Nashik TCS Corporate Jihad: Investigators probe claims victims were asked to read book ‘The Life of Muhammad’

MEA hails 12 years of Modi government

MEA celebrates PM Modi’s 12 years in office, says India “witnessed remarkable transformation” in foreign policy

Hawkers protest in West Bengal

The Left’s Selective Morality: From Sainbari to Hawker protests

Odisha CM Mohan Charan Majhi and Union Minister of Law and Justice Arjun Ram Meghwal along with other dignitaries on the stage on the occasion of completion of 12 years of the Central Government

PM Modi’s 12-years of governance marks era of transformation, growth & global recognition: Odisha CM Mohan Majhi

Modi govt clears Rs 13,000 Crore Great Nicobar Airport Project (This is an AI generated image)

India’s strategic move in Great Nicobar: Rs 13,000 crore airport to double strength in the Indian Ocean

Load More
  • Privacy
  • Terms
  • Cookie Policy
  • Refund and Cancellation
  • Delivery and Shipping

© Bharat Prakashan (Delhi) Limited.
Tech-enabled by Ananthapuri Technologies

  • Home
  • Search Organiser
  • Bharat
    • Assam
    • Bihar
    • Chhattisgarh
    • Jharkhand
    • Maharashtra
    • View All States
  • World
    • Asia
    • Africa
    • North America
    • South America
    • Europe
    • Australia
  • Editorial
  • Operation Sindoor
  • Opinion
  • Analysis
  • Defence
  • Culture
  • Sports
  • Business
  • RSS @ 100
  • Entertainment
  • More ..
    • Sci & Tech
    • Vocal4Local
    • Special Report
    • Education
    • Employment
    • Books
    • Interviews
    • Travel
    • Health
    • Politics
    • Law
    • Economy
    • Obituary
  • Subscribe Magazine
  • Read Ecopy
  • Advertise
  • Circulation
  • Careers
  • About Us
  • Contact Us
  • Policies & Terms
    • Privacy Policy
    • Cookie Policy
    • Refund and Cancellation
    • Terms of Use

© Bharat Prakashan (Delhi) Limited.
Tech-enabled by Ananthapuri Technologies