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Skill Development - scope

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Public Sector Enterprises Sign MoUs<br />

CWC Signs MoU with Central Bank of India<br />

A Memorandum of Understanding was executed<br />

between Central Warehousing Corporation (CWC)<br />

and Central Bank of India recently at the Corporate<br />

Office of the Central Bank of India in Mumbai. As<br />

per the MoU, CWC will act as a Collateral Manager<br />

and the Bank will finance the CWC customers<br />

against Warehouse Receipts.<br />

Centre, Incubation Facility and Network Operation<br />

Centre of STPI across the country. Also seen in the<br />

picture are Mr. N.P. Aggrawal, SGM (BD), NBCC,<br />

Mr. Pradeep Sharma, DGM (BD), NBCC and Mr.<br />

Devesh Tyagi, Director, STPI. STPI projects are located<br />

at Bhopal, Srinagar, Bhubaneswar, Kolkata,<br />

Noida, Puducherry and Dehradun.<br />

The MoU was signed by Mr. A.K. Arora, General<br />

Manager (Finance) on behalf of CWC and Mr. R.B.<br />

Gupta, General Manager (Priority Sector) on behalf<br />

of the Central Bank of India in the presence of<br />

Mr. B. B. Pattanaik, MD, CWC, Mr. M.V. Tanksale,<br />

CMD, Central Bank of India and other senior officials<br />

of the CWC and the Bank. Addressing on the<br />

occasion, Mr. Pattanaik stated that CWC, which already<br />

has its 155 rural based warehouses registered<br />

with Warehousing <strong>Development</strong> and Regulatory<br />

Authority, is encouraging the farmers for using its<br />

warehouses by extending rebate of 30 percent in its<br />

storage charges besides imparting training on Post<br />

Harvest Technology. Pledge finance against its<br />

Negotiable Warehouse Receipt will not only help<br />

farmers in avoiding distress sale but also aid in better<br />

price realization for their produce, he added.<br />

NBCC inks MoU with STPI<br />

Mr. Anoop Kumar Mittal, CMD, NBCC and Mr.<br />

OmkarRai, DG, STPI (Software Technology Park<br />

of India) seen exchanging documents after signing<br />

an MoU with STPI recently, with regard to<br />

NBCC undertaking future works of STPI as Project<br />

Management Consultant (PMC) which shall involve<br />

planning, designing and construction of Data<br />

NSIC Signs MOU with Syndicate Bank for<br />

Financing Credit to MSME under its Bank<br />

tie up Scheme<br />

NSIC has been making sustained endeavors towards<br />

catering to the financial needs of MSMEs in<br />

India. In one such development NSIC has aligned<br />

and entered into MOU with SYNDICATE BANK<br />

recently. Under this MOU arrangement collaborative<br />

efforts would be undertaken to provide timely<br />

and affordable credit to MSMEs. The MOU was<br />

signed by Mr. Ravindra Nath Director (Finance) of<br />

NSIC and Mr. S.K. Thakkar, General Manager of<br />

Syndicate Bank.<br />

Kaleido<strong>scope</strong> July 2013<br />

95

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