Home India Ministry of Finance President of India confers SCOPE Eminence Awards to Public S...
Date: 2025-08-29 Category: Not Applicable State: Union Government Country: India

President of India confers SCOPE Eminence Awards to Public Sector Enterprises (PSEs)

Issued by Ministry of Finance · Not Applicable

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**Summary:** On August 29, 2025, the President of India, Smt. Droupadi Murmu, conferred the SCOPE Eminence Awards in New Delhi, recognizing the contributions of Public Sector Enterprises (PSEs) to India's development. The event, organized by the Standing Conference of Public Enterprises (SCOPE) with support from the Department of Public Enterprises (DPE), Ministry of Finance, was attended by senior government officials, PSE leadership, and representatives from national and international partner organizations. President Murmu highlighted the PSEs' strong performance across social, economic, environmental, technological, and ethical parameters, emphasizing their role in economic development and social inclusion, particularly in achieving a developed India by 2047. She also acknowledged their contribution to the Aatmanirbhar Bharat and Make in India initiatives, citing the Akashteer system as an example. Union Minister of State for Finance, Shri Pankaj Chaudhary, noted the strategic role of PSEs in nation-building and their consistent performance even during crises. DPE Secretary Shri K. Moses Chalai emphasized the dual responsibility of PSEs in nation-building and economic growth, highlighting their employment of approximately 1.5 million people and indirect support for millions of livelihoods. He stressed the need for CPSEs to perform and maintain competitiveness. SCOPE Chairman Shri K. P. Mahadevaswamy reiterated SCOPE's role in capacity building and ensuring a cohesive policy and business environment for the public sector. SCOPE Director General Shri Atul Sobti emphasized the PSEs' evolution into globally recognized contributors to India's socioeconomic growth.

Key Entities Referenced

SCOPE Eminence Awards: Awards conferred to Public Sector Enterprises (PSEs) / Central Public Sector Enterprises (CPSEs) for their contribution to the development of India. Public Sector Enterprises (PSEs): Organizations in the public sector that play a significant role in nation-building and economic growth. Central Public Sector Enterprises (CPSEs): Public sector enterprises that are expected to play a crucial role in achieving the national goal of building a developed India by 2047. Smt. Droupadi Murmu: The President of India, who conferred the SCOPE Eminence Awards. Shri Pankaj Chaudhary: Union Minister of State for Finance. Shri K. Moses Chalai: Secretary, Department of Public Enterprises (DPE). Standing Conference of Public Enterprises (SCOPE): The organization that organised the SCOPE Eminence Awards event, with the support of the Department of Public Enterprises (DPE) and the Ministry of Finance. Department of Public Enterprises (DPE): A department supporting the SCOPE Eminence Awards and involved in the governance of CPSEs.
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Ministry of Finance President of India confers SCOPE Eminence Awards to Public Sector Enterprises (PSEs) CPSEs will play an important role in achieving national goal of building a developed India by 2047: President Smt. Droupadi Murmu Performance of the PSEs remains consistent and they are on the path of sustained growth: Union MoS Finance Shri Pankaj Chaudhary Public sector shoulders the dual responsibility of nation-building and economic growth: DPE Secretary Shri K. Moses Chalai Posted On: 29 AUG 2025 6:25PM by PIB Delhi President of India, Smt. Droupadi Murmu, conferred the SCOPE Eminence Awards at New Delhi, today. The event was organised by the Standing Conference of Public Enterprises (SCOPE), with the support of the Department of Public Enterprises (DPE), Ministry of Finance, and was held in the presence of Shri Pankaj Chaudhary, Union Minister of State for Finance; Shri K. Moses Chalai, Secretary, DPE; Shri K. P. Mahadevaswamy, Chairman, SCOPE, and Shri Atul Sobti, Director General, SCOPE.The programme witnessed the presence of senior government officials from various ministries and departments, top leadership of Public Sector enterprises (PSEs), and representatives from national and international partner organizations of SCOPE. Speaking on the occasion, the President, Smt. Droupadi Murmu said that the SCOPE Eminence Awards are a celebration of the significant contribution of public sector enterprises to the development of India. Appreciating the public sector and its leaders, she said that they have been performing well on all parameters including social, economic, environmental, technological and ethical. She appreciated SCOPE for honouring good performance across multiple dimensions such as women empowerment, sustainable development, corporate governance, corporate social responsibility and innovation.The President said that the public sector has been a powerful vehicle for economic development and social inclusion. She expressed confidence that CPSEs will play a crucial role in achieving the national goal of building a developed India by 2047. While appreciating the effective role of CPSEs in Aatmanirbhar Bharat and ‘Make in India’ campaigns, the President said that during Operation Sindoor, the indigenous Air Defence Control and Reporting System – Akashteer demonstrated its infallible capability.In his address, Shri Pankaj Chaudhary said the public sector has come a long way, since their inception, and have played a strategic role in nation building. He stressed that even in times of uncertainty and crisis, the performance of the PSEs remained consistent and they are on the path of sustained growth. In his address on the occasion, Shri K. Moses Chalai said CPSEs have played a pivotal role in fostering growth and socio-economic development of the country. While engaging around 15 lakh people in direct employment, and indirectly supporting millions of livelihoods across the country, he said that the Public Sector shoulders the dual responsibility of nation-building and economic growth. In the new ecosystem of perform or perish, CPSEs have to perform and maintain competitiveness all the time.In his address, Shri K. P. Mahadevaswamy said the CPSEs have facilitated sustainable development and remain high on trust index. He reiterated that SCOPE continues to play a catalytic role in building capacities – aligning with the global goals of excellence and ensuring cohesive policy and business environment for the public sector to thrive and succeed. In his welcome address earlier, Shri Atul Sobti emphasised that the public sector enterprises have evolved into globally recognised, highly competitive and formidable contributors to India’s socio-economic growth. In this journey, SCOPE has been strengthening the fraternity and it is our responsibility to continue being a catalyst for self-reliant, prosperous and equitable Bharat, he said.**** NB/KMN (Release ID: 2161946)

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