Bhubaneswar, Jan 7: Most of the people in the country lack awareness about the vigilance procedures, which results in corruption and misconduct said K.V. Chowdary, Central Vigilance Commissioner on the 15th Edition of Nalco Foundation Day Lecture Series on ‘Preventive Vigilance here on Wednesday.
In his speech, Chowdary emphasized that the vigilance system and procedures should be consistent and simplified, as well as the mechanism should be robust, continuously tested. Chowdary also focused on a systematic and continuous feedback system. He opined that the PSUs and corporates, along with the government bodies should give due importance to preventive vigilance as well as predictive vigilance.
At the outset, CMD, Nalco delivered the welcome address and introduced the topic. In his address Chand reiterated: “As a corporate philosophy, Nalco has focused on value-based management, taking manifold steps to promote transparency, fairness, responsibility and accountability that are cardinal principles of Corporate Governance.”
On this occasion, a book namely ‘Aluminium: the Strategic Metal’, authored by NALCO’s CMD Tapan Kumar Chand was also released. The book aims at promoting the strategic use of aluminium.
The first-ever Nalco Kalidas Awards were also handed over to Prof. Harekrishna Satapathy, VC, Rashtriya Sanskrit Vidyapeetha, Tirupati and Prof. Gangadhar Panda, VC, Shri Jagannath Sanskrit Vishvavidyalaya, Puri for their significant contributions in the field of teaching and propagating Sanskrit. Both the awardees received cash award of Rs.50, 000/- each, citations and scrolls of honour from the Chief Speaker Chowdary.
