National
Cabinet nod to close Burn Standard, Rs 417 cr for severance package
New Delhi, April 4 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the closure of Burn Standard Company Ltd (BSCL) – a central public sector enterprise (CPSE) under the Railways Ministry.
The government would provide one-time grant of Rs 417.10 crore towards severance package and for clearing the current liabilities of the beleaguered company.
In addition, outstanding loan of Rs 35 crore given to the company by the centre would also be written off, an official statement said.
“This decision has been taken in view of the continuous poor physical and financial performance of the company for more than 10 years despite financial assistance and other support provided by government, and low probability of its revival in the future,” it said.
According to the centre, 508 employees of BSCL will benefit from Voluntary Retirement Scheme.
–IANS
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The RG Marathon Championship Run 2023 in Goa was a testament to inclusivity. Initially resistant to including persons with disabilities, it eventually featured wheelchair and standing categories, thanks to advocates’ efforts. Participants showed exceptional determination, emphasizing unity in diversity. Despite challenging weather, they demonstrated the power of community support, highlighting the need for accessibility and inclusion in all state-level events in Goa.
Following the marathon, a gathering of differently-abled individuals, predominantly wheelchair users, convened for a celebratory lunch at Barzilla. The event, orchestrated by Mr. Shariq Khan and Mr. Zain Aftab, proprietors of Barzilla, honored the birthday of Sadaf Fatima, who also uses a wheelchair and is Mr. Shariq Khan’s wife.
The lunch featured esteemed guests including the Tourism Minister of Goa, MLA Rohan Khaunte of Porvorim, Social Welfare Minister Subhash Phal Desai, and the State Commissioner for Persons with Disability in Goa, Guruprasad Pawaskar. The event was impeccably hosted by Ms. Falak Fatima and Mr. Adarsh Parashar, offering activities such as Karaoke and Billiards. The youth of Goa exhibited their unwavering support for the community, making the party an unequivocal success.
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