Bokaro, Feb 13 (KNN) Vendor development program was held at BSL's Human Resource Development Center on February 11. The aim of the program was to discuss SAIL's participation in the "Purvodaya Mission" and the proposed plans to encourage local industries / MSMEs in Bokaro.

Around 70 MSME representatives/entrepreneurs from Bokaro participated in the event organised under the chairmanship of VK Pandey, Executive Director (Materials Management), BSL.

It is noteworthy that SAIL has started its participation in “Purvodaya” to promote industrial infrastructure around its plants located across the country and achieve overall socio-economic development through a special incentive scheme.

The plan, titled "Development of Steel Areas: With SAIL", aims to contribute to the overall development of the districts where these plants are located.

Chief General Manager (M) cum Regional Manager, Munish Ahuja, GM (DIC) Bokaro, ADO (Biada), BSL General Manager (MM) Bhupendra Singh, etc. were also present at the event. Addressing the entrepreneurs present in the program.

Executive Director (Materials Management), Mr. V K Pandey, BSL said that the initiative is being taken by SAIL to encourage local industries, which will benefit the local industries / MSMEs. Ahuja gave detailed information about the incentive scheme to entrepreneurs by making a presentation.

SAIL will arrange inventory for MSMEs who are registered under the scheme based on their monthly consumption so as to reduce the burden of inventory and large working capital requirements. (KNN/SS)

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