On June 22nd, the Minister of State (Independent Charge) for Science and Technology and Minister of State for Personnel, Mr. Jitendra Singh, lauded how the country’s Public Sector Undertakings (PSUs) were living up to the global benchmarks and making a consistent contribution to the Indian economy and being the engines of growth and development.
While attending the ET Government PSU Awards organised by the ‘Economic Times,’ Mr. Singh said, “India, today excels in most of the global benchmarks, in some areas it is at par with other big nations, whereas in other areas it is much ahead of them. It is due to their unparalleled efforts that India has risen in the global innovation index. Today, it is ranked 40 worldwide, ahead of many economies of comparable size, whereas it was at rank 81 in 2014.”
He further elaborated, “In the category of skill development, Hindustan Aeronautics Limited (HAL) received the gold award while BHASHINI was awarded gold in the adoption of AI and predictive technology category. Other categories were employee self-service where HPCL was the recipient of the gold award. (In) Indigenous technology adoption (category) BHEL was given a gold award. Other winners were CDAC, EESL and so forth.”