NBCC NEWS

ANNUAL 2020-21 A Navratna CPSE

The Super Speciality Hospital at Rourkela, Odisha, which was built by NBCC set new benchmarks in health care,
was inaugurated by the Hon’ble President of India, Shri Ram Nath Kovind on March 21, 2021

NBCC extended its frontiers further with the construction of the Mauritius Supreme Court Building which was
jointly inaugurated by Hon’ble Prime Minister of India, Shri Narendra Modi and Hon’ble Prime Minister of
Mauritius, Shir P. K. Jugnauth on July 30, 2020
 Contents
CONGRATULATIONS
06 18
PROJECTS COMPLETED
48
COVID EFFORTS
Felicitating Hon’ble Minister , Shri The employees ensured that the work During the pandemic, NBCC
Hardeep Singh Puri and Hon’ble the organization undertaken was extended all possible help materially,
Minister of State, Shri Kaushal completed. financially, infrastructurally and by

19
Kishore on their appointments. way of awareness campaigns.

08 FUTURE INFRASTRUCTURE
Rather than resting on past laurels, the
52
STEPPING UP
AWARDS organization is undertaking projects On the directions of the apex court,
Even during a difficult year, NBCC across the country. the stalled construction of houses

22
has been at the forefront of garnering has been taken up NBCC. This has
praise for its work. brought relief to homebuyers who

11
had invested in these projects.

53
MoUS
Collaborating with others in
different realms can be an
BOARD MEETINGS enriching experience while adding
The heads of the organization meet
to the resources of the nation. GREEN ICON
virtually to discuss the way forward. Sustainable practices lie at the heart

12 29
of a truly future perfect habitat.
With solar panels, sewer treatment
plants, rainwater harvesting and
abundant greenery, NBCC created a
CELEBRATIONS blueprint for all the future projects.
INCEPTION Observing each day with the entire

57
A variety of projects were started family is a way to strengthen the bonds

40
across the country.

PROJECTS INAUGURATED
14 CSR
Money, when used wisely, can make a major
PEN DOWN
Our talented employees share their
expertise on Budget 2021, building
foundations, women empowerment,
Projects of national importance difference in the lives of people. NBCC
share market, mutual funds, PPF,
completed by NBCC were contributed to the Covid effort to ensure that a
Vastu, electric vehicles and more.
inaugurated.were inaugurated. positive change is brought about.

THE EDITORIAL BOARD

EDITOR PUBLISHED BY PRODUCTION MANAGER
Sunita Purswani, CGM (Technical) CMYK Printech Ltd Syed Nawab Raza

A Navratna SPSE MEMBERS EDITOR PHOTOGRAPHER

Manas Kaviraj, ED (HRM) Saimi Sattar Pankaj Kumar
NBCC (India) Limited Hrishikesh Kumar, CGM (F)
NBCC Bhawan, Lodhi Road
New Delhi - 110003, India Pradeep Sharma, GM (BD) DESIGNERS
Email: innovation@nbccindia.com Kalika Jain, Manager (CC) Satish C Jakhmola
Anand Singh Rawat

This annual book is published and produced by CMYK Printech Ltd with NBCC. Copyright@2021 CMYK Printech Ltd and NBCC. All rights reserved. No parts of this publication
may be reproduced, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without
obtaining written permission of the copyright owners.

FOLLOW US ON /OfficialNBCC @OfficialNBCC /NBCC (India) Limited

 gjnhi ,l iqjh vkoklu vkSj “kgjh dk;Z ea=h vkSj
isVªksfy;e vkSj izkd`frd xSl ea=h
HARDEEP S PURI Hkkjr ljdkj

Minister of Housing and Urban

Affairs & Minister of Petroleum
and Natural Gas
Government of India

MESSAGE

The role of the infrastructure sector in providing a robust framework for stimulating India's economic
growth cannot be emphasised enough. It is the catalyst that will harness economic activity by providing
employment, strengthening supply chains and fostering innovation.

It is in this context that pioneering institutions such as NBCC become important to India's growth story and
I am glad to note that the organization has not just adapted to the challenges of COVID-19 and the evolving
economy but also lead the way in reigniting construction and infrastructure development in the country.

Under the visionary leadership of Prime Minister Shri Narendra Modi, the aim of the Government is to
develop world-class infrastructure that improves the quality of life of all Indians. I am delighted to say that
NBCC, through its diverse portfolio, has led the charge in adopting best practices and state-of-the art
technology in the construction business.

I can confidently say that every task handed to NBCC, irrespective of the scale, has been executed in a
manner that has set benchmarks in the industry. I have also been impressed with the recent shift within
NBCC towards sustainability initiatives, including on important redevelopment projects which has led to
profitable and sustainable monetisation of land assets. This is a welcome development.

I convey my best wishes to NBCC for all its future endeavours as well as for the successful release of this
annual book.

I wish NBCC all the best.

New Delhi
31 August 2021 (Hardeep S Puri)

2
dkS”ky fd”kksj vkoklu vkSj “kgjh dk;Z jkT;ea=h
Hkkjr ljdkj
KAUSHAL KISHORE
Minister of State for Housing
and Urban Affairs
Government of India

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3
 nqxkZ “kadj feJ lfpo] vkoklu vkoklu vkSj “kgjh
dk;Z ea=ky;] Hkkjr ljdkj
DURGA SHANKER MISHRA
Secretary, Ministry of Housing
and Urban Affairs
Government of India

MESSAGE

During my association with NBCC since 2014 as Additional Secretary and then as Secretary, I have watched
NBCC relentlessly working shoulder to shoulder with the Ministry in fulfilling the aspirations of the public
towards infrastructure development of the nation.

I have witnessed many landmark projects executed by NBCC in India or abroad being delivered timely
despite the pandemic. NBCC has been instrumental in changing the face of Govt. colonies of Delhi with the
construction of New Moti Bagh GPRA complex and East Kidwai Nagar GPRA Complex. Supreme Court
Building in Mauritius inaugurated by the Hon'ble Prime Minister of India and the Super Speciality Hospital
at Rourkela, Odisha inaugurated by the Hon'ble President of India are recent feather in cap of NBCC.

It is worth highlighting that the company is now executing the stalled housing projects of Amrapali as per
the direction of the Hon'ble Supreme Court of India.

NBCC also rose to the challenge thrown up by the pandemic in other ways as well. It distributed rations for
migrant laborers, contributed to the PM Cares Fund, converted hospitals into Covid wards and more.

I am hopeful that NBCC and its employees would deliver similar benchmark projects in the coming year. I
take this opportunity to convey my appreciation to the NBCC team and wish them all success in future.

New Delhi
17th August 2021 (Durga Shanker Mishra)

4

Dear Colleagues,
It gives me immense pleasure to
release the NBCC Annual Magazine
for the FY2020-21.
It was remarkable the way that
NBCC and its employees responded
to the COVID-19 pandemic
proving once again that,
irrespective of how massive the
crisis is, the human spirit is more
powerful. For every challenge that
was thrown in the way, the NBCC
family proved itself to be more than able to overcome it.
We ensured that the work went on while abiding strictly by
the new safety protocols in the changed atmosphere.
We, as an organization, went through tough times in
2020-2021 due to the pandemic. Had it not been for the
entire NBCC family's constant support and attempt to
abide by the new safety protocols, we could not have
surpassed the challenges.
Since infrastructure is the backbone of every economy,
it is our constant endeavour to make sure that we
constantly keep moving ahead. Despite the challenges
posed by the pandemic, NBCC successfully completed
projects in every part of the country be it the
Redevelopment of East Kidwai Nagar, New Delhi; the
Renovation of the iconic Jallianwala Bagh, Amritsar;
Income Tax Building, Srinagar; Central Forensic Science
Laboratory, Pune; NATGRID Data Centre Work at Delhi &
Bangalore; Super Speciality Hospital at Rourkela, Odisha
(which was inaugurated by the Hon'ble President of India);
Brij Mohan School for the Blind, Meerut; Science &
Technology Park, IIT Delhi; IPBF works at Gujarat,
Cultural Centre at Dehradun and New Supreme Court
Building in Port Louis in Mauritius which was jointly
inaugurated by Hon'ble Prime Ministers of both the
countries on July 30, 2020.
Not believing in resting on our laurels, we are looking
forward to accomplishing even more - like Integrated
Exhibition-cum-Convention Centre (IECC) at Pragati
Maidan, New Delhi; Redevelopment of Nauroji Nagar,
Sarojini Nagar, Netaji Nagar. We also expanded our reach
outside the country. Some of the overseas projects include
Institute of Security & Law Enforcement at Addu City,
Maldives; Social Housing Project, Mauritius; Renovation of
Bank of Baroda Building, Mauritius; Forensic Science
Laboratory, Mauritius; Police Academy, Mauritius and more.
We went beyond our call of duty to render service to
the Nation in the form of contributions to the 'PM Cares
Fund' or even supplying rations to the migrant workers or
contributing for fighting covid in Leh, Ladakh. It hasn't
been surprising then, given the projects and the manner in
which these were executed during the pandemic, NBCC
has been winning recognition and praise all around. Our
employees rendered exemplary service, often putting
themselves at personal risk. The past year can be most
eloquently described in the words of the German
philosopher, Friedrich Nietzsche, "That which does not kill
us, makes us stronger."
Here is saluting the spirit of NBCC and the people who
make it. May we go forth stronger in the coming year.
With best wishes,
— P K Gupta
Chairman and Managing Director
CMD letter
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5
CONGRATULATIONS

On behalf of the entire NBCC Family, heartiest Congratulations & Best wishes to Shri
Hardeep Singh Puri on his elevation as a Cabinet Minister and taking the charge of Ministry
of Petroleum and Natural Gas (MoPNG) along with Ministry of Housing and Urban Affairs
(MoHUA).

The CMD, NBCC, Shri PK Gupta met Hon'ble Minister of State, Shri Kaushal
Kishore and congratulated him on his appointment as Minister of State for Housing
and Urban Affairs (MoHUA). NBCC welcomes him with warm heart and extends
best wishes on his new endeavour.

6
 LAURELS
Chief Vigilance Officer

OCTOBER
2020

Smt. Shalini Darbari assumed the charge of Administration, Establishment, Project

Chief Vigilance Officer, NBCC on October
16, 2020. She is also the CVO of the two
subsidiaries of NBCC, i.e. Hindustan
Steelworks Construction Ltd (HSCL) and
Hospital Services Consultancy Corporation
Ltd. (HSCC) and also Building Materials and
Technology Promotion Council (BMTPC).
Smt. Darbari is an Indian Railway Accounts
Service (IRAS) of 1990 batch and joined the
service in 1991. A Post Graduate in
Economics from Lucknow University, she
has extensive experience in Finance,
Management, Corporate Finance as well as
Loan Management. She has ministerial
experience in Investment Planning while
working as Director, (Finance Expenditure)
in the Ministry of Railways. Smt Darbari has
contributed to the construction of
Dedicated Freight Corridor Ltd. in her
capacity as Group General Manager/
Finance, especially on Western Corridor
being funded by JICA. She has also worked
as Director (Co-ordination) with Central
Vigilance Commission.

Expanding SCOPE Of Work

MARCH
2021

Smt. Baldev Kaur Sokhey, Director (Finance), NBCC, has been elected as
Member to the Executive Body of Standing Conference of Public Enterprises
(SCOPE).

7
AWARDS SEPTEMBER
2020

ELETS National PSU

award
NBCC received the ELETS National
PSU award for construction of
residential-cum-training complex for
Special Protection Group of Sector
21, Dwarka, New Delhi under the
category Building Sustainable
Infrastructure and Development on
September,
25, 2020.

SEPTEMBER
2020

NSCI SAFETY
AWARD
NBCC project Redevelopment
of ITPO Complex into
Integrated Exhibition-cum-
Convention Centre, Pragati
Maidan, New Delhi won the
Prashansa Patra (Certificate)
for demonstrating the
outstanding performance in
occupational safety and health
by National Safety Council of
India, Ministry of Labour &
Employment received on
September 24, 2020.

8
 NOVEMBER
2020

AWARDS
Great Place to Work Recognition
NBCC yet again wins the coveted status of “Great Place to Work”. This is the second consecutive year
when NBCC has received this celebrated and distinguished status. Every year, The Great Place to
Work Institute, a global benchmarking on workplace cultures after their extensive assessment on
Quality of Employees-Experience (Trust index) and cultural audit of more than 10,000 organisations
from over 60 countries certifies organizations as Great-Place-to-Work.

DECEMBER
2020 Global Green Building
NBCC won the prestigious The Energy And
Environment Foundation Global Green Building
2020 Award in Platinum Category for the Project
“Mahatma Gandhi International Convention
Centre, Niamey, Niger”.Shri Rajendra Chaudhari,
the then Director (Commercial), NBCC, received
the coveted award at a virtual event on December
22, 2020. It was jointly given away by Hon’ble Keith
Pitt MP, Minister for Resources, Water & Northern
Australia; Hon’ble HE U.P. Singh, Secretary
Ministry of Jal Shakti, GOI; Barry O’Farrell, High
Commissioner of Australia in New Delhi.

9
ON foreign SHORES OCTOBER
2020

Shri Rajendra Chaudhari, the

then Director (Commercial)
NBCC and Shri Pradeep Sharma,
GM (BD), NBCC called on H.E.
Ms. Mossi Nyamale Rosette,
Ambassador of Democratic
Republic of Congo

Shri Rajendra Chaudhari, the then Director, (Commercial),

accompanied by Shri Pradeep Sharma, GM (BD), NBCC called on
Ambassador of Democratic Republic of Congo, H.E. Ms. Mossi
Nyamale Rosette, at Congo Embassy, Delhi on October 14, 2020 to
discuss NBCC's participation in upcoming infrastructure
Development works in DRC.

NOVEMBER
2020

Hon'ble Minister of
External Affairs,
Government of India,
Dr. S Jaishankar and
Mohd. Tariq, AGM,
NBCC visits the
Indian Pavillion at
World Expo in
Dubai

Indian Pavillion Expo

On November 29, 2020 Hon'ble Minister of External Affairs, Government of India,
Dr S Jaishankar visited project site of India Pavilion at World Expo 2020 in Dubai being
implemented by NBCC. Mohd Tariq, AGM, NBCC explained the details of the project to the
Hon’ble Minister who appreciated the progress of work and the concepts.

10
 BOARDmeetings
Shri Pawan Kumar Gupta
Chairman and Managing Director, NBCC

Shri Rajendra Chaudhari Shri Neelesh Shah

The then Director (Commercial), NBCC The then Director (Projects), NBCC

Smt. B K Sokhey Shri Kamran Rizvi

Director (Finance), NBCC Government Nominee Director

Shri Shyam Sunder Dubey Dr Jyoti Kiran Shukla

Government Nominee Director Non-Official Independent Director

11
INCEPTION
JUNE
2020
Foundation Stone of Madhusudan Law College, Cuttack Laid
Hon’ble Chief Justice of Odisha High Court, Justice Mohd Rafiq, laid the foundation stone on
June 1, 2020 for the Administrative Block of Madhusudan Law College, Cuttack, to be built by NBCC.
Hon’ble Justice B R Sarangi, Judge, Odisha High Court and Chairman High Power Committee;
Shri Ashok Kumar Parija, Advocate General and Chairman, State Bar Council; Shri Debi Prasad Dhal,
Sr Advocate & Member, Bar Council of India; Prof (Dr) Soumendra Mohan Pattnaik,
Vice-Chancellor, Utkal University; Prof (Dr) Sukanta Kumar Nanda, Professor-cum-Principal Staff
and students of Madhusudan Law College, Cuttack; Shri R N Sinha, Addl General Manager, SBG
Odisha and other officials of NBCC were also present on the occasion.

Honble Chief Justice of Odisha High Court, Justice Mohd Rafiq along with Justice B R Sarangi, Judge, Odisha
High Court and Chairman High Power Committee; Shri Ashok Kumar Parija, Advocate General and Chairman,
State Bar Council and other officials at the laying of the foundation stone of Madhusudan Law College

12
 DECEMBER
2020

Hon’ble Minister of External

Affairs, Dr. S Jaishankar,
Hon’ble Minister of Youth
Affairs & Sports,
Shri Kiren Rijiju and
Shri Sandip Pradhan, DG,
(SAI); Shri L S Singh, Joint
Secretary (Sports-
Development); Shri Neelesh
Shah, the then Director
(Projects), NBCC and Shri
Cyrus Poncha, Secretary
General of Squash Rackets
Federation of India at
Dhyan Chand Stadium

Foundation Stone of Squash Courts at Major Dhyan Chand Stadium

Hon’ble Minister of External Affairs, Dr. S Jaishankar,
Hon’ble Minister of Youth Affairs & Sports, Shri
Kiren Rijiju, on December 16, 2020 jointly laid the
foundation stone of six squash courts of international
standards at Major Dhyan Chand Stadium, Delhi to
be constructed by NBCC. Shri Sandip Pradhan, DG,
(SAI); Shri L S Singh, Joint Secretary (Sports-
of Squash Rackets Federation of India and
Shri Neelesh Shah, the then Director (Projects),
NBCC along with other officials of Ministry of
Sports, SAI & NBCC were present on the occasion.
The Hon'ble Ministers appreciated the NBCC for its
commitment in pre-construction activity of this
project and for starting the work in record time of

INCEPTION
Development); Shri Cyrus Poncha, Secretary General three months after award of work.

Hon'ble Minister for Petroleum & Natural Gas, Shri Dharmendra Pradhan,
visits the site of Skill Development Institute (SDI), Bhubaneshwar

JANUARY
Hon'ble Minister for Petroleum & Natural Gas visits
Bhubaneshwar SDI Project Site 2021
Hon'ble Minister for Petroleum & Natural Gas, Shri the progress and quality of work performed by NBCC.
Dharmendra Pradhan, visited the project site of Skill Chairman SDI and Director (HR) IOCL, Shri Ranjan
Development Institute, Bhubaneswar on January 11, Kumar Mahapatra; CEO, SDI, Shri N N Rao; Zonal
2021, being implemented by NBCC. Shri Neelesh Head, NBCC, Shri R N Sinha along with other
Kumar Shah, the then Director (Projects), NBCC, officials of IOCL, SDI and NBCC were also present on
interacted with the Hon'ble Minister who appreciated the occasion.

13
PROJECTSinaugurated

E-inauguration of the New Supreme Court building in Mauritius by Hon'ble Prime Minister of India,
Shri Narendra Modi who joined Hon’ble PM of Mauritius, Shri P.K. Jugnauth

Mauritius Supreme Court Building Inaugurated

The NBCC constructed the New
JULY Supreme Court Building in Port
2020 Louis, Mauritius. The 13-storey
state-of-art building flaunts a
modern design and green features
with a focus on thermal and sound
insulation and high energy
efficiency. Built at a cost of 30 million
USD, NBCC completed the project
within scheduled time of 24 months.
Hon’ble PM of India, Shri
Narendra Modi and Hon’ble PM of
Mauritius, Shri P.K. Jugnauth, jointly
E-inaugurated New Supreme Court
Building on July 30, 2020, in Port-
Louis, Mauritius.

14

Inauguration of New Office of Delimitation Commission
On August 24, Justice R.P. Desai, Hon’ble Chairperson of
Delimitation Commission, inaugurated the new office of
the Commission at Ashoka Hotel, New Delhi,
implemented by NSL, a wholly-owned subsidiary of
NBCC. The interior work of the office was completed by
AUGUST
2020
NSL in a record time of 28 days. The inauguration
function at the New Office of Delimitation Commission
was graced by Chief Election Commissioner, Election
Commissioners, Dy. Election Commissioners and CMD,
NBCC along with the then Director (Projects).

OCTOBER
2020

PROJECTS INAUGURATED
Hon'ble Minister of Education, Shri Ramesh Pokhriyal 'Nishank', inaugurates the new Lecture Hall Complex-II (LHC), a
sewage treatment plant (STP) and a chiller plant (HVAC) at IIT Roorkee in the presence of Honble Minister of State for
Education, Shri Sanjay Shamrao Dhotre

Projects at IIT Roorkee inaugurated

The Hon'ble Minister of Education, Shri Ramesh Pokhriyal of State for Education, Shri Sanjay Shamrao Dhotre on
'Nishank', inaugurated the new Lecture Hall Complex-II October 13, 2020 at an online event. The main attraction
(LHC), a sewage treatment plant (STP) and a chiller plant of the project executed by NBCC is its sustainable design
(HVAC) at IIT Roorkee in the presence of Hon’ble Minister which uses daylight and natural ventilation.

FEBRUARY UPGRADING FACILITIES

Upgrading of internal facilities and creation of office space for establishing G-20 Summit
2021 Secretariat at Sushma Swaraj Bhawan, New Delhi

15
 MARCH
2021
PROJECTS INAUGURATED

(Above): Hon'ble President of India, Shri Ram Nath Kovind addresses the gathering at the inauguration of the 200-bedded
Super Speciality Hospital, Rourkela, Odisha

Super Speciality Hospital building, Rourkela, Odisha

16
 PROJECTS INAUGURATED
The Hon'ble President of India inspects the model of the hospital at the site in Rourkela, Odisha

Hon'ble President Inaugurates

Super Speciality Hospital In Rourkela
On March 21 2021, Hon’ble President of India, Shri Ram Nath Kovind dedicated the Super Speciality Hospital built by NBCC
in Rourkela, Odisha to the Nation. The 200-bedded Super Speciality Hospital which cost `300 crore has been completed in
record time of 24 months. The hospital is installed with the world-class medical equipment such as CT scanner, MRI, Cath labs,
three modular OTs, one emergency OT etc. The modern hospital will primarily serve the people of Western Odisha and nearby
districts of Jharkhand and Chhattisgarh.
NBCC has played a major role in developing the Healthcare infrastructure of the country by executing landmark healthcare
projects including AIIMS Bilaspur, Himachal Pradesh and Deogarh, Odisha which are currently under implementation.

The Honble President of India, Shri Ram Nath Kovind; Shri PK Gupta, CMD, NBCC and other officials at the
inauguration of the project

17
PROJECTScompleted CULTURAL CENTRE, DEHRADUN
The construction of an auditorium and museum for the Department of Culture,
Government of Uttarakhand was undertaken. It was completed on September 8, 2020

AAYKAR BHAWAN, SRINAGAR

The construction of office building, residential quarters and guest house for
Income Tax Department at Mouza, Rajbagh, Srinagar, J&K was undertaken and
completed on July 24, 2020

18
 FUTUREinfrastructure
NBCC is undertaking infrastructural work to bring all-round
development in the country. A glimpse of the ongoing projects
that are changing the face of India

REDEVELOPMENT OF NAUROJI NAGAR, WORLD TRADE CENTER, DELHI

ITPO, PRAGATI MAIDAN, NEW DELHI

19
 INDO-BANGLADESH BORDER FENCING WORK
FUTURE INFRASTRUCTURE

IIT MANDI, HIMACHAL PRADESH

IIT BHUBANESWAR, ODISHA AIIMS BILASPUR, HIMACHAL PRADESH

AIIMS, DEOGARH, JHARKHAND

20
 FUTURE INFRASTRUCTURE
GOSIKHURD IRRIGATION WORK, NAGPUR, MAHARASHTRA

AMRAPALI WORKS, NOIDA-GREATER NOIDA CCL WORKS, RANCHI, JHARKHAND

REDEVELOPMENT OF NETAJI NAGAR, NEW DELHI REDEVELOPMENT OF SAROJINI NAGAR, NEW DELHI

21
MoUs

Jh jktho dqekj tSu] mi lfpo ¼lEesyu çHkkx] fons'k ea=ky;½ vkSj Jh uksoeku vgen] eq[; dk;Zdkjh vf/kdkjh
¼,u,l,y½ us vkarfjd lqfo/kkvksa dks vkSj vf/kd fodflr djus ds fy, fons'k ea=ky; ds lkFk le>kSrk fd;kA

vxLr
2020
,u,l,y vkSj fons'k ea=ky; ds
,evks;w ij gLrk{kj
,uchlhlh dh iw.kZ LokfeRo okyh lgk;d daiuh ,uchlhlh lfoZlst fyfeVsM us lq"kek Lojkt Hkou]
pk.kD;iqjh esa 27 vxLr 2020 dks th&20 f'k[kj lEesyu ds fy, vkarfjd lqfo/kkvksa dks vkSj vf/kd
fodflr djus ds fy, fons'k ea=ky; ds lkFk le>kSrk fd;kA le>kSrk Kkiu ij
Jh jktho dqekj tSu] mi lfpo ¼lEesyu çHkkx] fons'k ea=ky;½ vkSj Jh uksoeku vgen] eq[;
dk;Zdkjh vf/kdkjh ¼,u,l,y½ us gLrk{kj fd,A Jh foØe nksjhLokeh] vfrfjä lfpo ¼fons'k
ea=ky;½( Jh uhys'k dqekj 'kkg] iwoZ v/;{k ¼,u,l,y½( Jh çdk'k xqIrk] la;qä lfpo ¼f'k[kj
lEesyu] ,ebZ,½( Jh tsih ukFk] funs'kd ¼lEesyu çHkkx ,ebZ,½ Hkh bl volj ij mifLFkr FksA

22
 MoUs
Jh ih ds xqIrk] v/;{k ,oa izca/k funs”kd] ,uchlhlh vkSj Jh uhys'k dqekj 'kkg] iwoZ v/;{k] ,u,l,y ,oa iwoZ funs'kd ¼ifj;kstuk,a½] ,uchlhlh
us foÙk o"kZ 2020&21 ds fy, le>kSrk Kkiu ij gLrk{kj fd,A

,uchlhlh vkSj ,u,l,y dk foÙk o"kZ 2020&21
O;kikj ds fy, le>kSrk Kkiu
,uchlhlh lfoZlt s fyfeVsM ¼,u,l,y½ us 31 vxLr]
2020 dks viuh ewy daiuh ,uchlhlh ¼bafM;k½ fyfeVsM
ds lkFk foÙk o"kZ 2020&21 ds fy, le>kSrk Kkiu fd;kA
Jh ih ds xqIrk] v/;{k ,oa izc/a k funs”kd] ,uchlhlh vkSj
Jh uhys'k dqekj 'kkg] iwoZ v/;{k ¼,u,l,y½ ,oa funs'kd
¼ifj;kstuk,a½ ,uchlhlh us lgefr i= ij gLrk{kj
vxLr
2020
fd,A Jherh ch ds lks[kh] funs'kd ¼foÙk½ ,uchlhlh(
Jh uksoeku vgen] eq[; dk;Zdkjh vf/kdkjh vkSj
Jh vejukFk ekS;]Z eq[; foÙkh; vf/kdkjh] ,u,l,y Hkh
bl volj ij mifLFkr FksA bl ,evks;w ds varxZr foÙk
o"kZ 2020&21 ds fy, fofHkUu ekinaMksa ij ,u,l,y ds
O;kolkf;d y{; r; fd, x,A

flracj
2020
vksfM'kk i;ZVu foHkkx ds lkFk le>kSrk Kkiu
i;ZVu ifj;kstukvksa dks vkSj fodflr djus ds fy, ,uchlhlh vkSj i;ZVu foHkkx vksfM'kk ds chp 24 flracj] 2020
dks ,d le>kSrk Kkiu gqvkA Jh ,l tk/ko] vkbZ,,l] funs'kd i;ZVu] vksfM'kk ljdkj vkSj Jh , ds 'kkse] egkizca/kd]
,uchlhlh us le>kSrk Kkiu ij gLrk{kj fd,A blls igys foHkkx }kjk yxHkx 100 djksM+ #i;s ds dke igys gh
,uchlhlh dks fn, tk pqds gSaA

23
 vaxqy ftyk vf/kdkjh Jh fl)kFkZ 'kadj LoSu vkSj Jh vkj ,u flUgk] vij egkizca/kd] ,uchlhlh us Mh,e dk;kZy; esa 200 djksM+ #i;s ds fuekZ.k
dk;ksaZ ds fy, ds fy, le>kSrk Kkiu ij gLrk{kj fd,A

fMfLVªDV feujy vaxqy ds ftyk vf/kdkjh Jh fl)kFkZ 'kadj LoSu vkSj Jh vkj ,u flUgk] vij egkizca/kd]
MoUs

,uchlhlh }kjk Mh,e dk;kZy; esa 200 djksM+ #i;s ds fuekZ.k dk;ksaZ ds fy, ,d lgefr
laLFkku] vaxqy ds i= ij gLrk{kj fd,] ftUgsa ftyk [kfut laLFkku] vaxqy ds rgr fu"ikfnr fd;k tkuk
lkFk le>kSrk Kkiu gSA bl ekSds ij vU; vf/kdkjh Hkh mifLFkr FksA

fnlacj
2020

nf{k.k&iwoZ jsyos ds
lkFk djkj
,uchlhlh dh lgk;d daiuh
¼,p,llh,y½ vkSj jsyos us lMd vksoj
fczt ds fy, `155-25 djksM+ ds nf{k.k&iwoZ
jsyos ¼,lbZvkj½ ds ewY;kadu ds rgr ,d
le>kSrk Kkiu ij gLrk{kj fd,A
,p,llh,y dh vksj ls Jh ,u vkj
ljdkj] egkizca/kd vkSj jsyos dh vksj ls
Jh lquhy HkkLdj] lhbZ] vkj,lMCY;w]
,lbZvkj us gLrk{kj fd,A

Jh lquhy HkkLdj] lhbZ] vkj,lMCY;w] ,lbZvkj] jsyos dh vksj

ls vkSj Jh ,u vkj ljdkj] egkizca/kd] ,p,llh,y us lM+d
vksoj fczt ds fy, ,d le>kSrk Kkiu ij gLrk{kj fd,A

24
 tuojh
2021

,uchlhlh ¼bafM;k½ fyfeVsM vkSj ,p,llhlh ds okf’kZd le>kSrk Kkiu ij Jh ih ds xqIrk] v/;{k ,oa izca/k funs”kd] ,uchlhlh( Jh Kkus”k ikaMs] iwoZ
izca/kd funs”kd] ,p,llhlh( Jherh ch ds lks[kh] funs'kd ¼foÙk½ ,uchlhlh( vkSj Jherh “kkfyuh njckjh] eq[; lrZdrk vf/kdkjh lfgr vU; ofj’B
vf/kdkjh mifLFkr FksA

,p,llhlh ds lkFk le>kSrk Kkiu

,uchlhlh ¼bafM;k½ fyfeVsM] us viuh lgk;d daiuh funs”kd] ,p,llhlh }kjk okf"kZd ,evks;w ij gLrk{kj
,p,llhlh ds lkFk o"kZ 2020&21 ds fy, 4 Qjojh] fd, x,A
2021 dks ,d le>kSrk Kkiu fd;kA ,uchlhlh ,oa Jherh ch ds lks[kh] funs'kd ¼foÙk½] Jherh “kkfyuh

MoUs
,p,llhlh dh vksj ls Jh ih ds xqIrk] v/;{k ,oa izc/a k njckjh] eq[; lrZdrk vf/kdkjh lfgr vU; ofj"B
funs”kd] ,uchlhlh vkSj Jh Kkus”k ikaM]s iwoZ izc/a kd vf/kdkjh Hkh bl volj ij mifLFkr FksA

,uchlhlh ¼bafM;k½ fyfeVsM vkSj ,p,llh,y ds okf’kZd le>kSrk Kkiu ij Jh ih ds xqIrk] v/;{k ,oa izca/k funs”kd] ,uchlhlh( Jh jktsUnz pkS/kjh] rRdkyhu
izca/k funs”kd] ,p,llh,y( Jh fuys”k dqekj 'kkg] iwoZ funs'kd ¼ifj;kstuk,a½( Jherh ch ds lks[kh] funs'kd ¼foÙk½( Jherh 'kkfyuh njckjh] eq[; lrZdrk
vf/kdkjh] ,uchlhlh( Jh ds ih egknso Lokeh] dk;Zdkjh funs”kd ¼bath-½ vkezikyh çkstsDV~l ,oa lhbZvks] ,p,llh,y vkSj Jh iou dqekj dk;Zdkjh funs”kd
¼bath-½] ,uchlhlh mifLFkr FksA

,p,llh,y ds lkFk le>kSrk Kkiu

,uchlhlh ¼bafM;k½ fyfeVsM] us viuh lgk;d daiuh fganLq rku
LVhyodZl ~ daLVªD'ku fyfeVsM ¼,p,llh,y½ ds lkFk o"kZ
2020&21 ds fy, 15 tuojh] 2021 dks ,d le>kSrk Kkiu
fd;kA ,uchlhlh dh vksj ls Jh ih ds xqIrk] v/;{k ,oa izc/a k
funs”kd vkSj ,p,llh,y ds rRdkyhu izc/a k funs”kd Jh jktsUnz
pkS/kjh }kjk okf"kZd ,evks;w ij gLrk{kj fd, x,A Jh uhys”k
dqekj 'kkg] iwoZ funs'kd ¼ifj;kstuk,a½( Jherh ch ds lks[kh]
funs'kd ¼foÙk½( Jherh 'kkfyuh njckjh] eq[; lrZdrk vf/kdkjh(
Jh ds ih egknso Lokeh] dk;Zdkjh funs”kd ¼bath-½ vkezikyh
çkstDs V~l ,oa eq[; dk;Zdkjh vf/kdkjh] ,p,llh,y vkSj
Jh iou dqekj] dk;Zdkjh funs”kd ¼bath-½ lfgr vU; ofj"B
vf/kdkjh Hkh bl volj ij mifLFkr FksA

25
 foÙkh; o"kZ 2020&21 ds fy, vkoklu
vkSj 'kgjh dk;Z ea=ky; ds lkFk
okf"kZd le>kSrk
jk"Vªh; Hkou fuekZ.k fuxe ¼,uchlhlh½ fyfeVsM us
vius ç'kklfud ea=ky;] vkoklu vkSj 'kgjh dk;Z
ea=ky; ¼,evks,p;w,½ ds lkFk foÙk o"kZ 2020&21 ds
fy, okf"kZd le>kSrk Kkiu ij 29 fnlacj] 2020 dks
gLrk{kj fd,A blesa daiuh ds fy, çn'kZu y{;ksa dks
js[kkafdr fd;k x;k gSA vkoklu vkSj 'kgjh dk;Z
ea=ky; ds lfpo Jh nqxkZ 'kadj feJk us ,evks;w ij
gLrk{kj fd,] tcfd ,uchlhlh ds v/;{k ,oa izca/k
funs”kd Jh ih ds xqIrk us viuh laLFkk dk
çfrfuf/kRo fd;kA bl volj ij Jh dkejku fjtoh]
vfrfjä lfpo] vkoklu vkSj 'kgjh dk;Z ea=ky;]
MoUs
26
Jherh ch ds lks[kh] funs'kd ¼foÙk½] Jh uhys'k 'kkg]
iwoZ funs'kd ¼ifj;kstuk,a½] Jh jkgqy d';i] funs'kd]
vkoklu vkSj 'kgjh dk;Z ea=ky; vkSj vU; vf/kdkjh
Hkh mifLFkr FksA lek>kSrk gLrk{kj foÙk o"kZ
2020&21 esa daiuh ds fy, çn'kZu y{; fu/kkZfjr
djrk gSA ,evks;w Hkh ifj;kstukvksa ds iwjk gksus]
HkkSfrd :i ls iw.kZ dh xbZ ifj;kstukvksa ds foÙkh;
lekiu] rS;kj eky dh lwph fcØh] O;kikj ls gksus
okys ykHk vkSj lgk;d daifu;ksa ls iwath fuos'k ij
okilh vkfn ds laca/k esa daiuh }kjk çkIr fd, tkus
okys y{; dks n'kkZrk gSA
vkoklu vkSj 'kgjh dk;Z ea=ky;
lfpo Jh nqxkZ 'kadj feJk vkSj
,uchlhlh v/;{k vkSj izc/a k
funs”kd Jh ih ds xqIrk ,evks;w
ij gLrk{kj djrs gq,
Jh nqxkZ 'kadj feJk] lfpo] vkoklu vkSj 'kgjh dk;Z ea=ky;( Jh ih ds xqIrk] v/;{k ,oa izc/a k funs”kd] ,uchlhlh( Jh dkejku fjtoh] vfrfjä
lfpo] vkoklu vkSj 'kgjh dk;Z ea=ky;] Jh uhys'k dqekj 'kkg] iwoZ funs'kd ¼ifj;kstuk,a½] Jherh ch ds lks[kh] funs'kd ¼foÙk½] ,uchlhlh( Jh “;ke
lqna j nqc]s la;Dq r lfpo ,oa foÙkh; lykgdkj( Jh jkgqy d';i] funs'kd vkoklu vkSj 'kgjh dk;Z ea=ky; vkSj vU; vf/kdkjhA

MoUs

27
 Jh eukst flUgk] mijkT;iky ¼tEew&d'ehj½( Jh vk/kkj vgen [kku] lykgdkj mijkT;iky( Jh chohvkj lqcze.;e] eq[; lfpo(
tuojh Jh uhrh'oj dqekj] mijkT;iky ds çeq[k lfpo( Jh eatwj dqekj f}osnh] dfe'kuj o lfpo ¼m|ksx vkSj okf.kT; foHkkx½( Jherh vafdrk
2020 dj ,eMh] ts ,.M ds vkbZVh bUÝkLVªDpj( Jh ih ds xqIrk] v/;{k ,oa izca/k funs”kd] ,uchlhlh vkSj Jh ,e ds pkoyk] eq[; egkizca/kd
¼bath½] ,uchlhlhA

ts ,.M ds bUÝkLVªDpj MsoyiesaV daiuh ds lkFk le>kSrk Kkiu

tEew vkSj d'ehj esa vkbZVh Vkoj LFkkfir djus ds fy, ,uchlhlh us ,evks;w ij gLrk{kj fd, x,A çR;sd V‚oj
ts ,.M ds bUÝkLVªDpj MsoyiesaV daiuh ds lkFk 50 djksM+ dh ykxr ls jkt/kkuh 'kgj esa cuk;k tk,xkA
MoUs

fo'kk[kkiÙkue ds efnykiyse esa Hkwfe iqufoZdkl vkSj jktLo ds fy, le>kSrk Kkiu ij ekStwn Jh çnhi 'kekZ] egkçca/kd ¼bath½] o izHkkx v/;{k]
¼O;kikj izlkj izHkkx½ ,uchlhlh vkSj Jh ,e ds Vksiuks] egkçca/kd ¼Vh,½] vkjvkbZ,u,yA

Qjojh ,uchlhlh vkSj jk"Vªh; bLikr fuxe fyfeVsM ¼vkjvkbZ,u,y½ us 26 Qjojh dks
2020 fo'kk[kkiÙkue ds efnykiyse esa Hkwfe iqufoZdkl vkSj jktLo ds fy, le>kSrk Kkiu
ds fy, igy fd;kA
jk"Vªh; bLikr fuxe ,uchlhlh dh vksj ls Jh çnhi 'kekZ] egkçca/kd ¼bath-½ o izHkkx v/;{k] ¼O;kikj
fyfeVsM ds lkFk izlkj izHkkx½ vkSj vkjvkbZ,u,y dh vksj ls Jh ,e ds Vksiuks] egkçca/kd ¼Vh,½ us
,evks;w ij gLrk{kj fd,A ,evks;w ds vuqlkj] ,uchlhlh }kjk Lo&la/kkj.kh; e‚My
le>kSrk ij iqufoZdkl vkSj foeqæhdj.k dk;Z fd, tkus gSAa

28
 CELEBRATIONS
MAY
2020

Shri P K Gupta, CMD; Shri Rajendra Chaudhari, the then Director (Com.); Shri Neelesh Shah, the then
Director (Proj.) and other officials undertaking the pledge during Anti Terrorism Day

Anti Terrorism Day

Shri P K Gupta, CMD, NBCC; Shri Rajendra accompanied by other senior executives
Chaudhari, the then Director (Com.); Shri administered Anti Terrorism Pledge at NBCC’s
Neelesh Shah, the then Director (Proj.) Corporate Office, New Delhi on May 21.

Handbook Unveiled by Director (Finance)

Smt B.K. Sokhey, Director (Finance), NBCC,
on September 7, 2020, unveiled a 'Handbook'
brought out by the Company for Guidance of
its Subsidiary Companies & Joint Ventures on
compliance matter. The Handbook aims to
streamline day-to-day functioning of
Subsidiaries/JVs and bring parity among the
group. At the unveiling, Smt. Sokhey was
accompanied by Shri Hrishikesh Kumar,
CGM (Fund-Fin), Shri Gaurav Gulati, CGM
(IA-Fin) and Smt. Ruchi Aggarwal, GM
(Compilation-Fin).

SEPTEMBER
2020

Smt. B K Sokhey, Director (Finance), Shri Hrishikesh Kumar, CGM (Fund-Fin), Shri Gaurav
Gulati, CGM (IA-Fin) and Smt. Ruchi Agarwal, GM (Compilation-Fin) at the unveiling of
the handbook

Vigilance Awareness Week

NBCC observed Vigilance Awareness Week 2020 from October 27-November 2.

OCT.-NOV.
Shri Rajendra Chaudhari, the then Director (Com.); Shri Neelesh Shah, the then Director
2020 (Proj.); Smt B.K. Sokhey, Director (Finance) and Smt Shalini Darbari, CVO; observe
Vigilance Awareness Week

29
 uojRu lhih,lbZ

,uchlhlh (bafM;k) fyfeVsM

(Hkkjr ljdkj dk m|e)

jktHkk”kk fga n h i[kokM+

1 flracj ls 14 flracj] 2020
k
CELEBRATIONS

Jh ih ds xqIrk] v/;{k ,oa izc/a k funs”kd Lokxr d{k esa fganh fMftVy cksMZ dk “kqHkkjaHk djrs gq,A

,uchlhlh ¼bafM;k½ fyfeVsM esa fganh

i[kokM+k rFkk fganh fnol dk vk;kstu
fuxfer dk;kZy; esa ljdkjh dkedkt esa fganh dk ç;ksx c<+kus rFkk fganh
esa dk;Z djus dh laHkkoukvksa dk çpkj&çlkj djus ds mn~ns'; ls fnukad
01 flracj] 2020 ls 14 flracj] 2020 rd fganh i[kokM+k dk vk;kstu fd;k
x;kA bl vof/k ds nkSjku fnuk¡d 02 flracj ls 10 flracj] 2020 rd
bZvkjih ds ek/;e ls v‚uykbu fganh ç'uksRrjh çfr;ksfxrk dk vk;kstu
fd;k x;k ftlesa dkfeZdksa us c<+&p<+ dj Hkkx fy;kA
fuxfer dk;kZy; esa fnuk¡d 14 flracj dks fganh fnol dk vk;kstu
fd;k x;kA bl volj ij ekuuh; x`g ea=h Hkkjr ljdkj] vkoklu vkSj
'kgjh dk;Z ea=h rFkk lfpo] jktHkk’kk ds lans'kksa dk ikBu fd;k x;kA
bl volj ij daiuh ds v/;{k ,oa çca/k funs'kd Jh ih ds xqIrk]
iwoZ funs'kd ¼okf.kT;½( Jh jktsUæ pkS/kjh] iwoZ funs'kd ¼ifj;kstuk,a½(
Jh uhys'k dqekj 'kkg] funs'kd ¼foÙk½( Jherh ch ds lks[kh vkSj fuxfer
dk;kZy; ds vU; ofj"B vf/kdkjhx.k Hkh mifLFkr FksA
v/;{k ,oa çca/k funs'kd] Jh iou dqekj xqIrk us vius Hkk"k.k esa lHkh
dkfeZdksa dks fganh fnol dh c/kkbZ nsrs gq, dgk fd eq>s çlUuark gS fd
daiuh esa vf/kd ls vf/kd dk;kZy;hu dk;Z Hkh fganh esa fd;k tk jgk gSA

30
Jh iou dqekj xqIrk] v/;{k ,oa çca/k funs'kd( fganh fnol ds vk;kstu ds nkSjku fot;h izfrHkkfx;ksa dks iqjLd`r djrs gq,A
blds vfrfjä~ mUgksaus ;g Hkh cks/k djok;k fd cgqr ls jk"Vª ,sls gSa
ftUgksaus viuh ekr`Hkk"kk dk ç;ksx djds vius jk"Vª dks fodflr jk"Vªksa dh
Js.kh esa ykdj [kM+k fd;k gS A bl volj ij v/;{k ,oa çca/k funs'kd
egksn; us v‚uykbu ç'uksRrjh çfr;ksfxrk ds 50 HkkX;'kkyh fotsrkvksa dks
ç'kfLr i= ,oa ç[;kr ys[kdksa dh iqLrdsa nsdj lEekfur fd;kA bl
volj ij Jh jktsUæ pkS/kjh] iwoZ funs'kd ¼okf.kT;½ us vius Hkk"k.k esa
fganh fnol ds volj ij 'kqHkdkeuk,¡ nh rFkk fganh ç'uksÙkjh çfr;ksfxrk
ds fotsrkvksa dks c/kkbZ nh vkSj dkfeZdksa dks dk;kZy;hu dk;Z fganh esa djus
ds fy, Hkh çsfjr fd;kA
jktHkk"kk foHkkx] x`g ea=ky; ds funs'kkuqlkj ,uchlhlh fuxfer
dk;kZy; ds Lokxr d{k esa egkiq#"kksa dh lwfä;ksa ds çn'kZu gsrq lkjka'k
CELEBRATIONS
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dkfeZdksa ds Kku esa c<+krs jh gks ldsxh QyLo:i jktHkk"kk fganh dk lQy
dk;kZUo;u gks ldsxkA
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ek/¸e ls ujkdkl fnYyhs ¼miØe&2½ ds rRo/kku esa ^*;wfudksM vkSj
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ds laiw.kZ ns'k ds dk;kZy;ksa esa dk;Zjr dkfeZd v‚uykbu 'kkfey gq,A
31
CELEBRATIONS

NBCC (India) Ltd., a Navratna CPSE, founded on November
15, 1960, celebrated its 61st Foundation Day on November
16, 2020 at its corporate office in New Delhi. On the occasion,
Shri Rajendra Chaudhari, the then Director (Commercial);
Shri Neelesh Shah, the then Director (Projects) and Smt. B.K.
Sokhey, Director (Finance) accompanied by senior officers, lit
the lamp and congratulated the employees for their dedication
and hard work while urging them to continue with the good
work in order to bring more glories to the organization in the
years ahead.

Shri Rajendra Chaudhari, the then Director, Commercial; Shri Neelesh Shah, the then Director (Projects) NBCC;
Smt. B.K. Sokhey, Director (Finance) and employees of NBCC

32
NOVEMBER
2020

CELEBRATIONS

33
 JANUARY
2021

Shri PK Gupta, CMD, NBCC; Shri Neelesh Shah, the then Director (Projects) and Smt. B.K. Sokhey, Director (Finance) at the
New Year celebrations
CELEBRATIONS

CELEBRATION
NBCC celebrated New Year
2021 at its Corporate Office in
New Delhi. The ceremonial
lamp was lit by Shri P K Gupta,
CMD, NBCC; Shri Neelesh Shah
the then Director (Projects) and
Smt. B K Sokhey, Director
(Finance). The CMD along with
the senior officials wished the
employees on the occasion. Shri Rajendra Chaudhari the then Director (Comm.) and Shri S K Nangia, GM (IT)

MARCH
2021 National Safety Week
NBCC observed the 50th National Safety Week at its corporate office
in New Delhi between March 4 and March 10, 2021. Shri P K Gupta,
CMD, NBCC accompanied by Shri N K Shah, the then Director
(Projects); Smt. B K Sokhey, Director (Finance); Smt. Shalini Darbari
(CVO); Shri Manas Kaviraj, ED (HRM) and Shri Pawan Kumar, ED
(Engg) of NBCC administered the Safety and Health Pledge and
jointly released the NBCC Safety Posters among the employees.

34
Shri P K Gupta, CMD, NBCC; Shri Neelesh Shah, the then Director (Projects); Smt. B K Sokhey, Director (Finance); Smt. Shalini
Darbari, (CVO); Shri Manas Kaviraj, ED (HRM) and Smt. A Sabeena, ED (Engg.) and other officers of NBCC at the New Year celebrations

CELEBRATIONS
The Safety Banner was
unveiled during 50th
National Safety Week
Celebration at NBCC by
Shri P K Gupta, CMD,
NBCC; Shri Neelesh Shah,
the then Director (Projects);
Smt. B K Sokhey, Director
(Finance); Smt. Shalini
Darbari, (CVO); Shri Manas
Kaviraj, ED (HRM) and
Shri Pawan Kumar, ED
(Engg)

35
 NBCC Cricket Team
CELEBRATIONS
Unity Cup Cricket Tournament
NBCC and HUDCO jointly organized the Unity Cup
Tennis Ball Cricket Tournament on March 14 at CSOI,
Sports Complex. The teams — Ministry of Housing and
Urban Affairs, NBCC, HUDCO & CPCB — were seen in
full form. Shri Durga S Mishra, Secretary, MoHUA
inaugurated the event in presence of senior officials from
the Ministry and participating PSUs. The inaugural match
The Unity Cup Cricket Tournament held on March 14, 2021, at Central Civil Servies Ground, Vinay Marg, Delhi
36
Shri Durga S. Mishra, Secretary, MoHUA and Shri P
K Gupta, CMD, NBCC who were enjoying the match
during the Unity Cup Cricket Tournament
was played between MoHUA and NBCC. The MoHUA
team lifted the trophy. The event was followed by
presenting 'Man of the Match' trophy to Shri Sunil Kumar,
MoHUA. The officials from the Ministry and PSUs
contested against each other with great enthusiasm,
encouraging cohesion, team-building spirit and
promoting Fit India Movement.
 MARCH
2021

CELEBRATIONS
HUDCO vs CPCB and NBCC Vs MoHUA match at the Unity Cup Cricket

NBCC vs MoHUA match at the Unity Cup Cricket Tournament

CPCB vs MoHUA final match at the Unity Cup Cricket

Tournament

37
 INTERNATIONAL

In its bid to spread awareness about gender equality

and women empowerment, NBCC successfully
organized International Women's Day 2021
supporting this year's theme “Choose to Challenge”
with great enthusiasm at NBCC Head office, New
Delhi. The virtual program was graced by Shri
Rajendra Chaudhari, the then Director (C); Smt. B K
Sokhey, Director (F) in presence of Smt. Reshma
Dudani, ED (Engg.); Smt. A Sabeena, ED (Engg.);
Smt. Annu Garg, CGM (Arch.); Smt. Sunita Purswani,
CGM (Engg.) and other senior Officials of NBCC.
While addressing the participants, Smt. B K Sokhey
delivered a motivational talk and appreciated the
continuous contributions of female employees
towards the company's growth.
The online event also saw Smt. Meena Utreja, DM
(HRM) being presented the longest service Award.
employees and ex-employees of NBCC enjoyed the
musical renditions, dance performances, Bollywood
quiz, games and motivational talks during the event.

38
 INTERNATIONAL WOMEN'S DAY
MARCH
2021

Shri Rajendra Chaudhari, the then Director (C), Smt. B.K. Sokhey, Director, (Finance); Smt. Reshma Dudani, ED
(Engg.); Smt. A Sabeena, ED (Engg.); Smt. Annu Garg, CGM (Arch.) and Smt. Sunita Purswani, CGM (Engg.) at
the Women’s Day celebrations

39
CSR CONTRIBUTING
TO A BETTER TOMORROW
The social investment programs of NBCC aim to improve the lives of people by
providing them access to basic education, infrastructure facilities. During the year,
the company undertook the following activities.

Shri Pawan Kumar Gupta, CMD, NBCC, Dr. Anju Srivastava, Principal, Hindu College and Shri D K
Mittal, the then CGM (Engg) NBCC with Senior Officers of NBCC and Hindu College at the signing of
the bipartite agreement for installation of instruments and equipment in the research center laboratory
Hindu College, University of Delhi

INSTRUMENTS AND EQUIPMENT AT

HINDU COLLEGE LAB
Hindu College, one of the
premier educational
institutions of the nation,
is constructing a research
centre and also
renovating the College
Auditorium. These two
projects when completed
will provide improved
facilities for students and
teachers while enhancing
the quality of education
being provided by the An MoU was signed in the presence of Shri Pawan Kumar Gupta,
CMD, NBCC, by Dr. Anju Srivastava, Principal, Hindu College and
College. So, the College Shri D K Mittal, the then CGM (Engg) NBCC for installation of
requested for CSR instruments and equipment in the research center laboratory Hindu
contribution towards College, University of Delhi
installation of instruments and equipment in University of Delhi in the presence of
research centre laboratory. Shri D K Mittal the then CGM (Engg) and
Accordingly, a bipartite MoU was signed Dr Anju Srivastava, Principal, Hindu
between NBCC and Hindu College, College and senior officers.

40
 IMPROVING HEALTH
NBCC is working towards physical, mental and social well-being of the society at large

NBCC with its commitment towards providing

equality to all individuals in society signed a
bipartite MoU with ALIMCO for fitment of
Cochlear Implants in 10 children with hearing
impairment from aspirational districts from the

CSR
CSR Budget of FY 2019-20 and 15 children from
the CSR Budget of FY 2020-21. With this implant
a deaf and dumb child will be able to hear and
speak like normal children. The MoU was signed
between NBCC and ALIMCO in the presence of
COCHLEAR IMPLANTS FOR Shri Pawan Kumar Gupta, CMD, NBCC and Shri
CHILDREN WITH HEARING Ajay Choudhary, DGM-CSR, ALIMCO along
IMPAIRMENT with senior officials from NBCC and ALIMCO.

An MoU was signed between NBCC and ALIMCO in the presence of Shri Pawan Kumar Gupta, CMD, NBCC and
Shri Ajay Choudhary, DGM-CSR, ALIMCO along with senior officials from NBCC and ALIMCO

41
 CONTRIBUTING TO NUTRITION
As per DPE guidelines for CSR expenditure of Central Public Sector Enterprises (CPSEs),
nutrition has been identified as one of the common thematic area

INSULATED VEHICLES FOR MID-DAY MEALS

NBCC has signed a Bipartite MoU with the U.T. vehicles for centralized kitchen under mid-day meal
Administration of Dadra & Nagar Haveli and Daman scheme. The project is in progress due to Pandemic
and Diu for providing three specially designed insulated COVID-19.

GIFTMILK
CSR

The Giftmilk program is being

implemented in Gadchiroli district,
an aspirational district of
Maharashtra, for distribution of 200
ml fortified flavored pasteurized
milk to Government school on all
working days through local dairy
cooperative. NBCC signed a
Bipartite MoU with National Dairy
Development Board (NDDB) for
providing fortified flavored
pasteurized Giftmilk to school
children for one year. The MoU was
signed in the presence of Shri
Pawan Kumar Gupta, CMD,
NBCC and Shri Meenesh C Shah,
ED cum Chairman, NDDB An MoU was signed between NBCC and NDDB in the presence of Shri P K
along with senior officials from Gupta, CMD, NBCC, and Shri Meenesh C Shah, ED cum Chairman, NDDB, along
NBCC & NDDB. with senior officials from NBCC and NDDB

42
 HALL AT GOVERNMENT HIGH SCHOOL
IN GURUGRAM
NBCC, in its quest to provide basic educational facility to society, has undertaken the
development of a hall at Government. High School Pahari (Gurugram), Haryana for all round
development of school children.

SUSTAINABILITY
Proposal for Establishing Solar Panel & Reverse Osmosis (RO) in Bahraich, UP

CSR
As per DPE guidelines for CSR
expenditure of CPSEs in
identified thematic areas and in
Aspirational districts, NBCC has
collaborated with the District
Administration of Bahraich, an
Aspirational District of UP for
establishing solar panel & solar
Reverse Osmosis (RO) in the
health centers of the district.

43
 CONTRIBUTING TOWARDS
COVID-19 VACCINATION
PROGRAM AT LEH
In the wake of unprecedented health emergency Department of Public Enterprise NBCC has
situation caused by the outbreak of pandemic COVID- contributed in procuring 46 Ice lined Refrigerator
19, which has disrupted normal life/activities, NBCC (ILR) small (S) and large (L), Deep Freezer (DF) Small
contributed `90 lakh towards the COVID-19 (S) & (L) and two Insulated Vaccine Van for COVID-19
vaccination program under CSR at Leh. As directed by vaccination program at Leh.
CSR

44
 CSR
NBCC contributed `90 lakh for procuring Ice-lined Refrigerators, Deep Freezers and two Insulated Vaccine Van for
facilitating the COVID-19 vaccination program at Leh as CSR

45
 SKILL INDIA MISSION

An MoU was signed between Delhi Government and NBCC for Technical Training of Students from Delhi at different sites of
NBCC
SKILL INDIA

The Hon'ble Prime Minister of India initiated the Skill India
Mission to ensure skill building through structured training
in job-oriented program.
To make this mission of Government of India a grand
success, NBCC has also participated actively in this initiative. As
a part of this endeavor,more than 2,800 workers in 39 different
trades in 24 sites in Delhi, UP, HP, Chhattisgarh, West Bengal,
Goa, Odisha and Uttarakhand have been certified.
NBCC has signed an MoU with Construction Sector
Development Council (CSDC) & CII for Recognition of Prior
Learning (RPL) certification for construction workers
engaged in various trades.
Since the Skill India initiative is a focus area of the
Government of India,the organization is putting enough
importance of up skilling the competencies of the workers at
our construction sites.
Under Skill India, MoU is being signed between Delhi
Government & NBCC in which ITI students (ITI Pusa & ITI
Jail Road) are being imparted training at different sites of
NBCC.

Workers with Recognition of Prior Learning (RPL) certificates after being trained under an MoU which was signed between the
Construction Sector Development Council (CSDC) & CII for construction workers engaged in various trades

46
 TRAINING AND DEVELOPMENT
IN NBCC - A WAY OF LIFE
NBCC takes immense pride in its
employees who are its greatest asset. NBCC
subscribes to the belief that efficiency,
effectiveness and success of the
organization depends largely on the skills,
abilities and the commitment of the
employees. Therefore, a lot of emphasis is

TRAINING & DEVELOPMENT

laid on the training and development of
employees.In line with its objective of
being a learning organization, the company
has continuously focused on training and
development of its human resource.
NBCC's view of employee development has
a very wide perspective and is not
constrained to job related inputs alone. Shri P K Gupta, CMD, NBCC; Shri. Neelesh Kumar Shah, the then
In the recent past several behavioral, Director (Projects); Shri. Manas Kaviraj, ED (HRM); Smt Reshma Dudani,
ED (REM); Shri. D K Mittal, the then Chief General Manager (Engg.) and
managerial and technical training programs other officers of NBCC assembled at the NBCC Training Centres, Ghitorni
have been conducted at the organization's
training center and through video
conferencing.
Some of the programs are -
❏ Project Management and concrete
technology
❏ GRIHA - Green building
❏ Application of Electrical engineering for
civil engineering projects
❏ Bank guarantee
❏ Work Manual and GCC
Behavioral, managerial and technical training programs have been
❏ Management development program
conducted at the organization's training center and through video
❏ Prevention of sexual harassment conferencing

47
COVID efforts APRIL
2020

The State-owned NBCC and its subsidiaries

CONTRIBUTION TO contribute `6.04 crore from CSR Fund to
PM Cares Fund to fight against COVID 19
PM CARES FUND on April 3, 2020.

RATION TO WORKERS

People lining up for rations

NBCC, apart from regular sanitization of labor camps at Delhi East

Kidwai Nagar Construction site, also distributed sanitizers, masks, dry
rations to labour on April 22, 2020. Each ration packet included 5 kg
rice, 5 kg atta, spices, 1 kg salt, oil, 2 kg onion, potatoes etc. This was
done in the presence of local police constable and while maintaining
proper social distancing.

48
 COVID EFFORTS
Facade of the Mahanadi Coalfields Ltd. (MCL) Hospital Project at Talcher (Angul) and the interiors of the 120-bed quaran-
tine centre for people infected by COVID19

HOSPITAL PROJECT CONVERTED INTO QUARANTINE CENTRE

As directed by Odisha Government, NBCC, during lockdown period, converted
its ongoing Mahanadi Coalfields Ltd. (MCL) Hospital Project at Talcher (Angul)
into 120-bed quarantine centre for people infected by COVID19.

49
50
AWARNESScampaign
51
AWARENESS CAMPAIGN
STEPPING up
NBCC has taken over the execution of stalled projects of the erstwhile Amrapali Group in Noida-Greater Noida
RELIEF FOR AMRAPALI
HOMEBUYERS he Hon'ble Supreme Court of India
T vide order dated August 2, 2018,
directed NBCC to submit the proposal
for completion of stalled/incomplete
projects in Noida and Greater Noida
having total inventory of 46,575 units costing approx
`8,400 crore. Accordingly NBCC submitted its
detailed proposal on September 4, 2018.
❏ On July 23, 2019, Hon'ble Supreme Court in its
judgement, appointed NBCC as project
management consultant to complete the various
projects.
❏ Hon'ble Supreme Court, also appointed Shri R
Venkataramani on July 23, 2019, as Ld. Court
Receiver to look after the works and funds for
completion of project.
❏ Two projects having 618 flats valuing `7.50 crore
has already been completed and handed to Ld.
Court Receiver December 2019/ January 2020.
❏ The balance construction works on 22 projects, 10
in Noida and 12 in Greater Noida, having 45,957
flats involving `7,842.45 crore is in progress and
will be completed in a phase wise manner up to
November 2023.
❏ NBCC has completed and started handing over of
incomplete units to Ld. Cr/Committee/Home
Buyers. NBCC has already handed over 83 Flats to
homebuyers of Amrapali (Works in various
projects to date). Further 1,438 has already
52
completed and intimated to Court Receiver,
❏
further work is in progress.
On November 2, 2020, the Court permitted
NBCC to go-ahead the priorities, modalities, sale
terms & conditions, outsourcing works & services
related to the sale & marketing, launch of sale,
budget for sale and the launch rate of sale for
unsold inventories in consultation/approval with
Ld. Court Receiver.
❏ The scope of works of NBCC has now includes
sale of unsold inventories & unused FARs,
commercial units and more of Amrapali Projects
apart from completion of the stalled/incomplete
projects, coordination, supervision and
monitoring of the projects and handing over of
flats to home buyers/Ld. Court Receiver.
❏ Recently, NBCC has launched sale of unsold 49
units at various projects. On June 14, 2021, virtual
sale draw program, in the presence of Ld. court,
was conducted in NBCC HO. In the draw, 20
units out of 49 units have been sold out.
❏ NBCC has floated the tender for engaging
channel partner for the sale of unsold residential
and commercial inventories of erstwhile
Amrapali Projects to have cash in-flow for
ongoing construction.
❏ The total awarded cost of 22 running projects is
`7,842 crore and the total value of work done in
all Amrapali works is `1,485.97 crore.
 GREEN icon
Future
ready
The redevelopment of East Kidwai Nagar into an upscale
neighborhood, which is also sustainable, is one of the first steps
towards the transformation of South Delhi's skyline. Setting
benchmarks in sustainability, the project has not just used bricks from
the old buildings but also incorporated wastewater management,
sewage treatment plants, and more, within its precincts. With its
optical fiber connectivity and other contemporary initiatives, it has
everything that justifies it being labeled a Smart Sub-City, that will
serve as a blueprint for future projects.

53
 ICON
INCEPTION

The frontal view blends a contemporary facade with greenery

East Kidwai Nagar has been redeveloped with 4,608 General During construction and demolition, waste management
GREEN

Pool Residential Accommodation houses (T-II to VII), social
Infrastructure buildings and 1.05 lakh sqm office buildings
for Government/PSUs with 10,500 capacity basement car
park. This has come up in place of the 50-year-old 2,444
dilapidated houses
rules were followed. In-house C&D waste management plant
was installed for manufacturing recycled material. More
than 20 lakh bricks produced from demolition waste were
used in the project itself.
To maintain the green cover 15,050 trees have already

54 The murals on the walls reflect our rich heritage and impart a unique essence
to the project
 The contemporary clear lines of the lobby walls of the projects
been planted here while another 1,000 will be planted while
retaining 440 old ones. The project will generate 1.5 MW
solar energy through rooftop solar panels of which 1.1 MW
are operational. All light fixtures are LED and street lights
use solar energy.
There are 35 state-of-the-art modular rainwater
Indian flora, fauna and culture are represented on the walls of the project
GREEN ICON
harvesting pits to ensure that surface drainage is used for
groundwater recharging.
NBCC has put sustainable development at the forefront by
setting up a 6 MT capacity Solid Waste Plant to treat domestic
and horticulture waste here. This ensures zero waste
generation. Wastewater, treated at the three Sewer Treatment
Original photo of the building
55
 Sustainable initiatives like Solid Waste Plant to treat domestic and horticulture waste have been incorporated in the design

Plants (STP), is utilized in construction activities and for
fulfilling other requirements. In addition, the water treated at
the STP plants within the complex is being used for
horticulture and air-conditioning. Nearly 60 per cent water
requirements for toilets too are met through these three STPs.
GREEN ICON
As a Smart Sub City, the entire campus of East Kidwai
Nagar Redevelopment Project has optical fiber connectivity
for telephone, data, security all services integrated system,
fire, water etc which are controlled digitally through
Centralized Command & Control Centre.

Office block

56
 PEN down
Smt. B K SOKHEY has assumed the charge of Director (Finance) of NBCC on
August 16, 2019. A B.Com (Hons.) from the prestigious Shri Ram College of
Commerce of Delhi University and a Fellow of the Institute of Cost Accountants
of India, she started her career with M/s Peerless General Finance.
After serving there for approx. two years (from 1987 to 1989) she joined
NBCC as Accounts Officer in the Finance Department at Corporate Office, New
Delhi, on January 15, 1990. Smt. Sokhey has, to her credit, more than 33 years
of rich experience of working in different capacities in all the areas of Accounts
and Finance. She has wide exposure in Treasury Management, Corporate
Accounts, Tendering, Merger & Acquisition, Investor Relations & IPO
Management and has played a key role in the development and introduction of
ERP system in NBCC.
Smt. Sokhey is the first woman to hold the charge of a full time Director in
NBCCs history. In addition to her present assignment as Director (Finance) in
NBCC, Smt. Sokhey is Chairman, NSL and also one of the Directors on the
Board of Real Estate Development & Construction Corporation of Rajasthan
Limited (REDCC), a JV Company of NBCC and looking after Financial matters &
policies of JV.
Smt. Sokhey has always strived to foster the philosophy of equal
opportunity for all and has contributed towards creating an exclusive workplace
in NBCC.

WOMEN
IN
THE WORKPLACE
STEPPING TOWARDS GENERATION EQUALITY
(From: The Management Accountant, March 2021 issue)

57
 n Q1. If any, what challenges have you experienced as a
woman during your overall career?
Ans. Women continue to encounter challenges when it
comes to advancing in the workplace-and in many facets of
life and career. But it is all about building a cultural
workplace which fully engages and supports all employees.
Since the start of my professional career, my family has been
a strong support and has truly motivated me to do better
and better. My journey with NBCC has been a gender-
neutral one as our organization has always supported and
upheld the rights and stakes of women employees at all
levels. This is the reason that we have female employees at
almost every senior level and position of the executive
hierarchy. However, networking opportunities is one of the
challenges which helps in career advancement and
knowledge sharing remained neglected due to family
obligations.
Thus, I would say, it depends on the company’s work
culture ethos, practice of good corporate governance that
ultimately determine the working environment status of its
employees, irrespective of gender.
n Q2. What are the challenges to female leadership? What
PEN DOWN
advice or suggestions can you give to women walking the
path of empowerment?
Ans. Since time immemorial, the society at large has looked
upon its women folk as those, meant to primarily attend to
household duties and responsibilities. As a result of this
social stigma, women in general, covertly face this challenge
even today which hinders their progress towards achieving
their goals, be it leadership or else.
Fighting gender stereotypes that men would do better
than women always act as ‘block’ to their journey up the
ladder in workplace or elsewhere. However, silver lining is
that, there are a large number of women in today’s
professional and social world who are holding successful
leadership role and inspiring confidence among the women
folk in general and hence things are fast changing.
As far as my take goes in this regard, I would suggest
women should stay optimistic, be self-motivated and learn
time management skills. It is vital for women to put into
practice, the traits of decency, morality, ethics, honesty,
courage, positive attitude and be truthful in performing their
duties. These traits not only contribute to one’s career
advancement but also establish mutual trust and help
making them principled, moral and ethical human beings.
n Q3. How would you characterize the opportunities
for women professionals of India in recent times?
Ans. There has been quite an evolution. Decades ago, it was
uncommon for a woman to have an important position in
any reputed organization of India. But, today, more and more
women are assuming important board and executive roles. I
58
attribute this change to the growing global conversation on
the diversity issue highlighting the value that women can
bring, to a company and its board. The second factor is
opportunities which is constantly opening up for women for
high-end education, skill development, training — be it any
field. This has immensely contributed to having larger
number of qualified women coming into all professional
domains. The social infrastructure of the country is
changing. Taking examples and inspiration from rich history
of India, we today have strong women personalities leading
in various sectors such as Engineering, HR, Finance,
Administration, Governance etc. We now experience a push
for greater women representation in almost all fields of life
and living which indeed is overwhelming.
n Q4. Can you offer some practical tips for women seeking
directorships?
Ans. Women seeking directorship must prepare themselves
comprehensively, right from the word ‘go’. Education and
experience in their interest area, knowledge in micro and
macro matters of the industry are the key. I religiously
pursued these things all along, dreaming high which led me
to move up, in workplace. Indeed women need to challenge
themselves to move into top level management jobs.
Women must take initiatives to reach higher in the
corporate hierarchy. Women who seek board positions
should continuously work on building their business
knowledge base in order to be able to add value to the
corporate mission and vision.
n Q5. What were the critical success factors for you in
moving up in the workplace as a woman?
Ans. I believe “Consistency is the key”. Being consistent in
delivering the best and keep learning is what makes one
unique and different from others. Apart from this, self-
awareness is woman’s superpower. Knowing yourself, your
strengths, interests, values, grabbing opportunities for
improvement, coaching and becoming proactive are what
make one shine brighter.
n Q6. This year’s budget has come with a number of
positive updates for Infrastructure sector. According to
you, what more improvement required in this arena to
strengthen ease of doing business?
Ans. India’s Union Budget 2021 is focused on providing a
much-needed stimulus to the economy and Hon’ble Finance
Minister Smt. Nirmala Sitharaman has attempted to address
the core problems being currently faced by the economy. It is
a progressive Budget on multiple counts, including health,
sanitization, new institutional structures and the
infrastructure needs of the economy.
In terms of real estate, we welcome the proposal to extend
the additional tax exemption available to first time affordable
home buyers until March 2022. This will boost end-user
demand for affordable homes. Affordable housing projects can
also avail a tax holiday till March 31, 2022, which is a supply
side stimulus that will aid real estate developers.
The government will likely focus on investing in building
robust infrastructure and productive assets, which will be
key in realizing India’s self-reliance ambition. Infrastructure
is one area where India needs to scale up significantly to
compete with its peers globally.
Further, Government is also committed to improving
ease of doing business and Hon’ble Finance Minister
specifically expressed the government’s vision of
‘Atmanirbharta’ or self-reliance.
Personally, I would like Government to continue to work
on the ease of doing business along with some measures
proposed in the budget my own area. To focus on
construction industry where main cause for delay in
initializing any work is the approvals from various statutory
authorities required to be sought from different offices
before taking up the work. A single window system should
be devised and powers may be given to concerned Municipal
Authorities for according all approvals through a committee
which may have representatives from other statutory
authorities also e.g. Airport Authority of India, Ministry of
Environment and forest, State Environment
Authority/Forest Department, Fire Department, Traffic
police/ UTTIPEC etc.
Similarly, the process of acquisition of land for the
projects is a time consuming process and projects are
delayed considerably on account of this reason. This process
should be made easy and time bound by making firm rules
of acquisition in this regard.
The projects in Delhi suffered due to restrictions
imposed during every winter due to pollution from
construction related activities. The firm guidelines
suggesting measures for dust mitigation e.g. 12m high
barricading all around the plot, covering of structure above
12m height with green cloth, wheel cleaning facility at all exit
points, sprinkling of water during excavation etc. needs to be
made mandatory during construction/execution of projects.
The work should not be stopped by any authorities, if these
guidelines are meticulously being followed in the projects.
Or else the labor payments for the period of ban be borne by
client since it becomes difficult to remobilize the labor
leading to further delay in work.
n Q7. To transform India into a ‘New India’ by 2022,
NBCC has pushed its boundaries by attempting bigger
projects to capitalize on huge opportunities in the real
estate sector. Which innovative projects are there in your
pipeline in the forthcoming days?
Ans. As India inches towards being the third largest
economy in the world by 2030, Infrastructure and Real
Estate sector are the key drivers for the Indian economy and
NBCC is well placed for a quantum jump in line with India’s
emergence as a global economic powerhouse and “New
India’ by 2022.
Being a nation builder & developer, there is a huge
window of opportunity for us to offer new projects in the
Infrastructure and Real Estate sector, which will boost the
regional, social and economic growth.
Due to unique expertise Projects based on Self-
sustainable Redevelopment are large value significant
opportunities for NBCC having major value addition to the
Nation at large. Redevelopment of properties has been
identified as one of the key strategies to overcome
Commercial & housing shortage as well as to monetize
vacant land lying with government and state agencies. This
model ensures that no funding support is required from the
Govt. agencies for redevelopment of these properties.
COVID-19 PANDEMIC THREW ALL ACTIVITIES
COMPLETELY OUT OF GEAR. TAKING AN
ACTIVE PART IN ENSURING IMPLEMENTATION
PEN DOWN
OF ALL COVID-19 MEASURES AND GUIDELINES
ISSUED BY THE GOVERNMENT OF INDIA FROM
TIME TO TIME IN THE ORGANIZATION, OUR
FINANCE HEAD ENSURED UNINTERRUPTED
FINANCE ACTIVITIES
As these Redevelopment projects are USP of NBCC and
very unique in view of its execution on basis, revenue
generation these projects contribute immensely in terms of
commercial and residential inventory simultaneously
fulfilling the Govt. need for housing and office Infrastructure
(GPRA & GPOA).
In addition to above, as most of you are aware, NBCC is
also playing a very vital role in the Indian Real Estate sector
by getting appointed by the Hon’ble Supreme Court of India
as a Project Management Consultant for completing the
stalled real estate projects of Amrapali in Noida and Greater
Noida to provide relief to around 46,575 home buyers.
n Q 8. NBCC won the prestigious “The Energy and
Environment Foundation Global Green Building 2020”
Award in Platinum Category for project “Mahatma Gandhi
International Conference Centre, Niamey, Niger, Africa.
Garvi Gujarat Bhawan, the ‘first eco-friendly’ state bhawan in
the national capital is another milestone in NBCC’s journey.
What more eco-friendly and cost-effective projects are you
planning to make our Nation proud?
Ans. Being a Navratna and leading construction CPSE,
NBCC is committed to contribute to Nation growth by
developing sustainable and world class infrastructure.
59
 For providing a clear picture, I will take you little back to
NBCC’s history, this journey started from Redevelopment of
New Moti Bagh project on self-sustainable basis without any
budgetary support.
Ministry of Housing & Urban Affairs, Govt. of India, had
entrusted the work of Redevelopment of Moti Bagh in 2008,
which is a fine example of planned work of mini SMART
city. It is the illustration of lush green Self sustainable Sub-
City along with all modern amenities and extra social
infrastructure. NBCC could mobilize funds for this project
by monetization of part of the land and after meeting all
expenditure the balance funds were deposited in the
consolidated fund of India.
The GPRA at New Moti Bagh, New Delhi has
successfully achieved the Green Building Standards required
for the IGBC Green Homes Silver Certification under the
IGBC Green Homes Rating System in January 2014.
Continuing with the legacy of successes and special feat
achieved at New Moti Bagh, NBCC has made it mandatory
to incorporate sustainability features such as Zero Waste,
Dual piping, Rain Water Harvesting, Use of Solar Energy,
Smart Electricity metering, LED/Energy efficient fixtures,
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etc. in all the future projects.
Besides the above, these redeveloped colonies will be
aimed for “Net-Zero” waste township i.e Zero waste, Zero
sewage, Zero discharge, Zero litter and with bio digester
toilets. NBCC has also recently shifted to EPC mode of
tendering as per Govt. guidelines to avoid cost over-run in
major projects.
We are also proud to say that NBCC is providing service
to all major eminent institutes of the nation which includes
IIT’s, NIT’s, IIM’s, AIIMS. NBCC is also executing Border
Road and Border Fencing works PMGSY works in remote
and difficult terrains.
After realizing the need for research and development in
the current environment, NBCC started a joint research and
innovation centre with IIT Roorkee. This centre would be
extensively carrying out research, training, workshops and
would look for constant innovation in construction
technology and adoption of green/smart features in
construction. The joint research and development centre
shall have initial validity of five years where NBCC would
sponsor research project worth `5 crore to IIT Roorkee.
n Q 9.The whole world is passing through tough times due
to the outbreak of COVID-19. How NBCC has supported
the Government and society hard-hit by lockdowns and
COVID-19 ?
Ans. COVID-19 pandemic threw all activities completely
out of gear. Organizations across, also got impacted heavily.
Taking active part in ensuring implementation of all
Covid-19 measures and guidelines issued by Government of
60
India from time to time in the organization, our Finance Head
ensured uninterrupted finance activities by finance staff so that
payments/receipts/disbursement of funds etc. are in no way
hampered even while working from home by the staff.
NBCC and its Subsidiaries contributed `6.04 Crore from
its CSR Fund to PM Cares Fund for fight against COVID-19.
Along with this, the Employees of NBCC also contributed
their one day salary to PM Relief Fund, as solidarity to
support the initiatives of Government in fighting Covid-19.
Apart from above, the other notable activities which were
undertaken during the lockdown period at different sites of
NBCC India Limited such as East Kidwai Nagar, ITPO, IIT
Bhubaneswar, etc are as under:-
NBCC HAS ALSO RECENTLY SHIFTED TO EPC
MODE OF TENDERING AS PER GOVT.
GUIDELINES TO AVOID COST OVER-RUN IN
MAJOR PROJECTS. WE ARE ALSO PROUD TO
SAY THAT NBCC IS PROVIDING SERVICE TO
ALL MAJOR EMINENT INSTITUTES OF THE
NATION WHICH INCLUDES IIT’S, NIT’S, IIM’S,
AIIMS. NBCC IS ALSO EXECUTING BORDER
ROAD AND BORDER FENCING WORKS
1. At East Kidwai Nagar, complete sanitization of site,
labor camps, washrooms, etc is done on regular intervals. To
help the stationed laborers at site, the designated HRM and
Admin Staff ensured complete medical care at Site. Not only
Sanitation by way of Cleanliness was ensured at site but also
Construction Laborers and their families were provided with
all facilities of Preventive Medicine, Medical Checkup,
Thermal Scanning, PPEs (Mask, Hand Gloves, etc) at the
time to inculcate the sense of belongingness and oneness.
It was further ensured that no stationed laborers faced
difficulties of food items during the strict lockdown period.
To that end, they were given dry Ration Bags comprising
essential household commodities on weekly basis and
packed foods were distributed wherever providing of dry
rations seemed not feasible.
2. The following 04 hospital construction projects and 01
Real Estate Project of the Company were made ready as
Covid Care centre for the treatment of Covid-19 to help GOI
for noble cause:-
(i) MCL, Talcher, Odisha : 200 Beds
(ii) ESIC, Bhita, Patna : 500 Beds
(iii) ESIC, Parel, Mumbai : 300 Beds
(iv) ESIC, Baltikuri, West Bengal : 300 Beds
(v) NBCC Square (Real Estate), Kolkata : 300 Beds
TOTAL BEDS MADE AVAILABLE : 1,600 Beds

MCL Talcher, Odisha was readied as Covid care center
n Q10. What advice would you give to the Young Women
CMA professionals who are just starting out in their
career?
Ans. I believe that women today take their professional lives
more seriously from the very beginning and work hard to
develop their skills right from the beginning of their
professional career. One must be willing to listen, learn and
invest in oneself at the start of one’s career. Gaining
important traits and habits can lead to long-term
professional success such as becoming proactive in taking
any initiative, learning how to communicate effectively,
setting goals for oneself, channelizing energy towards
productivity, facing hurdles and learning from them,
focusing on Time Management, Self Management and
becoming more aware about one’s own Culture.
All these traits will support a good head start. I would
also suggest young females to be perseverant in seizing
growth opportunities and staying inspired to keep
themselves driving towards success.
n Q11. What are the various ways your organization can
integrate with our institute for the diverse avenues in
professional development matters?
Ans. Integration of NBCC with CMA would surely act as key
catalyst for growth of employees and open doors to new
initiatives. Initiatives such as organizing joint seminars and
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conferences on subjects of professional interest, active
participations in various conferences related to financial as
well as non- financial matters, arranging for guest lectures
and empanelment for campus placement to provide job
opportunities to freshers etc can be mutually planned and
taken into consideration for mutual growth and benefits.
n Q12. Last question, what are you looking forward to in
the future?
Ans. Institutional environment is changing fast and so is the
opportunity. Increasing needs and aspirations will allow
more women to succeed, making a significant impact in
years to come. There is no denying that women are breaking
boundaries and refusing to accept status quo in themselves,
their organization or their region. They are today willing to
go outside their comfort zone - professionally and
personally, particularly when taking on new challenges that
would benefit organization. Women now are quite confident
on their own abilities. Therefore, I look forward to a future
that holds a huge promise for women. However, they need to
be skilled, mobile and tech-savvy. Being a Finance head of
the organization, some of the policy changes and system
reforms are also in my ‘to do’ list which I believe, could be
important support elements for the future.
Swami Vivekananda quote/says “All power is within you;
you can do anything & everything.”
61
 INFORMATION TECHNOLOGY
THE BACKBONE OF
EVERY INDUSTRY
From a construction company to a start-up organization, the Information
Technologies provides solutions to all industries
nformation Technology forms the backbone of any
I successful company. Irrespective of whether it is an IT or
a construction company, the role played by the IT
department is vital in day-to-day tasks. If the IT tools
adopted by the organization are not efficient and do not meet
the current world standards, it will definitely hamper the
progress of the organization.
In NBCC and its subsidiaries companies i.e HSCL Ltd,
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NSL and HSCC Ltd., the adoption of the latest IT tools has
substantially reduced the usage of paper over time thus
moving the work culture toward a paperless office and
enhanced productivity. Various IT tools are being utilized to
enhance productivity like: ERP, e-Office, DMS,
Virtualization of Servers etc.
Application Tools: Enterprise Resource Planning (ERP)
is one of the in-house developed IT tools that cater to all
requirements of billing, Project Management, Financial and
Accounting, Project Management, Payroll, Human Resource
Management and more. ERP, with a few or more features and
functionally, is also implemented in NBCC subsidiaries
companies -- NSL, HSCL Ltd and HSCC Ltd. To keep the
goods and services procurement work transparent, fair and
open, NBCC has implemented an in-house developed
Vendor Management Portal.
The company is committed to achieving compliance
with all applicable securities laws and regulations,
accounting standards, accounting controls and audit
practices. It has two parts: Vendor Grievance System and
e-Billing. To make the official communication faster, time-
bound and easily traceable, NBCC has implemented NIC
procured e-Office solution which is an integral part of the
e-Office suite designed for government departments,
PSUs, autonomous bodies and more. Implementation of e-
Offices has resulted in better efficiency and reduced work
pendency by replacing manual handling of files with a
more efficient electronics system. Due to the
implementation of the e-Office solution, the use of paper
62
Contributed by
Satish Nangia
HOD (IT) and IT Team
has been substantially reduced. It is being used for file
creation, noting, referencing, approval draft,
corresponding attachment, receipts and more. Recently
NBCC has upgraded its user base from 400 users to 1,000
users.
The technical support system is another in-house-built
application to provide support for hardware and software-
related issues. The assistance can be provided over email, live
support software or by directly visiting the desk.
The Building Management System is designed to address
various building maintenance-related issues like cleaning,
gardening, lighting, air conditioning, elevator and more. A
designated officer will monitor the issues submitted by the
employees which will be addressed by the maintenance
engineer. After the issue has been fixed, employees can
submit their feedback about the completed work.
The Cloud Portal is a single-window application
designed to access all the applications and services from a
single page. It contains the updated link for every service.
Data Center: A data center is a facility that centralizes an
organization's shared IT operations and equipment to store,
process, and propagate data and applications. The role of the
Data Center is an integral part of the enterprise, designed to
support businesses application and provide services such as
data storage, management and backup, recovery and more.
Storage & Backup Solution: Data is the crucial
component of any organization. Storing it and maintaining a
backup for any future unforeseen situation is needed. Data
backup at the NBCC is done on the backup server, tape
library and on external drive.
 Security: Security is a significant concern for
any organization. To avoid malicious activity,
threats, unauthorized access and malware,
various modern security enhancement
measures have been implemented to thwart
security challenges. We have implemented an
advance firewall for our network system and
enterprise protection antivirus is being utilized.
All web applications in NBCC are secured with
SSL certificates and have been audited by CERT-
IN empanelled security audit agencies.
Paperless Office: With the introduction of NIC
Procured e-Office solution, Document
Management System (DMS) and other similar
applications, NBCC has witnessed a tremendous
decrease in the consumption of paper during the
day to day official work which, in turn, has led to
the faster and smooth movement of files.
IT Security Policy: NBCC IT Security
Policy was launched on the occasion of NBCC
60th Foundation day. This document describes
in detail the standard security policy for e-
mail communication, password creation and
updation, network infrastructure, personal
user account, wireless network, remote
access and more.
Work From Home: Since the
beginning of the pandemic most the
organizations have faced the challenges of
maintaining the flow of the work using
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various tools and techniques. The IT division has conducted
and provided support for more than 200 video conferencing
meetings and provided 24*7 support to users over the phone
and using various other mediums. Virtual Private Network
connectivity was also provided to the employees to enable
them to access the office network and work accordingly.
Record Keeping: NBCC has implemented
Documented Management system (DMS) to digitize
and organism the record available in hard copy to
make it easily available to the authorized person on a
single click with Search functionality. With the
features of Indexing, metadata, tagging, versioning
with MIS report generation capability, makes the file
handling process very smooth.
All these achievements are only possible because
of dedication, proactiveness and great effort made
by the IT team collectively.
(Views expressed by officers are solely their
personal views and do not necessarily represent the
views and opinions of the organization.)
63
 A CASE FOR PRE-ENGINEERED FOUNDATION
A comparative study of conventional building foundations as
compared to reinforced base ground
ost projects opt for traditional cast-in-situ
M foundations for pre-engineered structures. This
increases the total time of construction and,
therefore, the need for pre-engineered sub-structures especially
in remote areas has been felt. To fill this gap, four types of pre-
engineered foundations namely, pocket foundations,
foundations with protruding bars, foundations with bolted
sockets, and foundations with bolted flanges have been
designed for different cases.
For construction on soil strata with a low bearing capacity
foundation, one needs to go either for deep foundations or
adopt some of the ground improvement techniques. For the
finite extent of the compressible stratum (10-15 m), one can go
for improving the ground using stone columns rather than
choosing the option of deep foundations. In the case of coarse-
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grained soil with low relative density, the provision of stone
columns acts as a replacement of poor soil with better material
and therefore enhances the bearing capacity and reduces the
settlement. However, in the case of fine-grained soils with low
consistency (soft/very soft) or plastic soils, the mechanism of
ground improvement by stone columns is different. In such
soils, consolidation settlement is of higher magnitude. The
provision of stone columns enhances the rate of consolidation
and thus the larger part of consolidation settlement occurs
during the construction period only. Given this, it was proposed
to carry out the work to study the effectiveness of stone columns
under static and seismic conditions. For studies related to
seismic loading conditions, experiments have been conducted
on footing on stone column treated dry sand beds.
BACKGROUND
It was proposed to collect the data of various building
construction projects (both ongoing and completed)
undertaken by NBCC along with soil exploration and field
testing data of respective sites and the details of the foundation
systems adopted. In case of completed projects, where poor soil
conditions exist and no ground improvement technique has
been adopted, a comparative study was proposed to be
undertaken with respect to the settlement of foundation
systems and their load carrying capacity, with and without any
ground improvement technique. The scope of the work was
enlarged by NBCC to include the study on the provision of an
alternative to traditional cast-in-situ foundations, especially in
remote areas, where pre-engineered superstructures are
installed for speedier construction.
64
Contributed by
Priti Maheshwari
Professor, Department of Civil
Engineering, IIT Roorkee
OBJECTIVES
In view of the above, the project has three objectives:
i) To provide an alternative to traditional cast-in-situ
foundations for pre-engineered superstructures,
ii) To provide stone columns as ground strengthening measure
under static loads, and
iii) To carry out an experimental study about footings on stone
columns treated soil under seismic conditions.
RESEARCH METHODOLOGY
o Alternative to Traditional Cast-in-situ Foundations for
Pre-engineered Superstructures: Four types of foundations are
designed for one and two-story buildings. Various load cases are
considered for the design purpose. Design is worked out in a
detailed manner along with reinforcement details.
o Provision of Stone Columns as Ground Strengthening
Measure under Static Loads: An attempt is made to analyze the
foundation of stone column treated ground.
A model is proposed where the foundation is idealized as a
beam. The granular blanket layer on top of stone column
treated ground is idealized as a granular layer which can deform
in shear also, i.e., by Pasternak model. The foundation soil is
modeled as a Kelvin-Voigt body and stone columns are
represented by Winkler springs. Nonlinear behavior of granular
blanket, foundation soil and the stone columns are considered
using hyperbolic stress-strain relationships. Governing
differential equations are derived and solved with the help of
appropriate boundary conditions. A detailed parametric study
is carried out to study the influence of various input parameters
like the intensity of applied load, configuration (diameter and
spacing) of stone columns, and ultimate bearing resistance of
foundation soil, stone columns and granular blanket. The
results from the analysis depicted that provision of stone
columns helps in reducing the settlement of foundation and
response of foundation on stone column treated ground is
important for one to analyze and design the foundation. The
effect of various parameters was quantified.
o Performance of a Footing on Stone Column Treated Soil
under Seismic Conditions: An Experimental Study: A shaking
table facility having single degree of freedom (horizontal) is
developed for simulating the horizontal shaking action
associated with seismic vibrations. Rigid tanks for model
preparation in a shaking table pose problems pertaining to
boundary effects. Further, side friction between soil and the rigid
tank offers resistance to the deformation of soil. In order to
overcome these problems, laminar boxes are used for shaking
table tests. A laminar box with a square cross-section having
inner dimensions as 1000 mm × 1000 mm × 1000 mm (length ×
width × depth) is manufactured to conduct tests. The box has 23
hollow aluminum layers which are separated by linear roller
bearings arranged in such a manner so that relative movement
between the layers can be permitted with minimum friction.
For varying the frequency of the input motion, an
arrangement is manufactured which could simulate three values
of frequency viz. 1.23, 1.5 and 1.73 Hz. The payload capacity of
the developed table is 8 t and it can simulate the acceleration
range from 0.05g to 1g. The facility can have maximum
displacement in a horizontal direction as 75 mm. Physical
models of footing on dry sand bed with stone columns inclusion
are prepared inside the laminar box and to measure the vertical
settlement of the footing, a displacement transducer is used. An
arrangement of slider and roller is designed to monitor the
vertical settlement under horizontal motion and the same is
mounted on the footing. A data acquisition system with 10
channels is used to record the settlement. This could sample at a
sampling speed of 1,000 samples/sec.
Poorly graded sand is used to prepare the sand bed while
well-graded stones of sizes between 4.75 mm to 10 mm are
adopted for making the stone columns. The sand has the
following index properties: specific gravity: 2.57; D50: 0.28 mm;
maximum and minimum unit weight: 16.43 & 13.82 kN/m3,
respectively.
Once the preparation of the foundation bed is over, the bed
is loaded by means of dead weights which are applied through
square plates of size 300 mm × 300 mm. On the top plate, a slider
is mounted so that a roller attached to the displacement
transducer can move on this slider and will be able to record the
vertical settlement of the footing.
In the field, seismic loading can occur in any of the directions
and therefore, to obtain critical direction, the horizontal shaking
is applied in two directions, one being parallel to the longer
dimension of the footing and the other in the direction
perpendicular to the length of footing. These tests are carried out
at two values of PGA, i.e., 0.2 g and 0.3 g show that when shaking
is applied perpendicular to the length of the footing, larger
settlements are observed. This may be attributed due to the fact
that larger frictional resistance is developed while shaking is
along the length of footing and therefore lower settlements.
The study deals with shallow foundations on stone column
treated earth bed under seismic loading and therefore, to
simulate various types of shallow footings, three model footings
are considered with aspect ratio as 1, 1.5 and 2. It can be seen that
vertical settlement of footing is more sensitive towards the aspect
ratio of the footing for a larger value of PGA of 0.3g. For this
PGA, the settlement after 30 sec of shaking has been found to
reduce by 23% as the aspect ratio increases from 1 to 2. The
corresponding reduction for PGA equals to 0.2g is about 13-
14%.
CONCLUSION
i) Four alternatives to traditional cast-in-situ foundations for
pre-engineered superstructures have been designed.
ii) Provision of stone columns helps in reducing the settlement
of foundation and response of foundation on stone column
treated ground is important for one to analyze and design the
foundation. The effect of various parameters on the response
of footing under static loads has been quantified.
iii) It is well known that the bearing capacity of shallow
foundation increases with an increase in the size of the
footing supported over sand and therefore, for the same
loading intensity, the settlement is lower for larger aspect
ratio of the footing.Effect of length and spacing to diameter
INCEPTION
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ratio of stone columns, frequency and peak ground
acceleration was also studied. The study revealed that the
optimum length of stone columns can be taken as 13 to 16
times their diameter and spacing to diameter ratio can be
adopted between 2 to 3. The lower value of relative density
(30%) is found to result in higher values of vertical
settlement.
SOCIAL AND ECONOMIC IMPACT
i) Provision of pre-engineered foundations, especially in
remote areas where pre-engineered superstructures are
installed for speedier construction, helps in reducing the
time of construction and hence directly influences the
economy of the project.
ii) Construction of stone columns as compared with deep
foundations is not only beneficial to strengthen the ground
but is also economical. Although this solution may not be
applicable at all the site but wherever applicable, it is more
economical. The present study shows the effectiveness of
stone columns for static as well as seismic loading.
REFERENCES
Negro, Paolo and Toniolo, Giandomenico (2012), Ed., “Design
Guidelines for Connections of Precast Structures under Seismic
Actions”, Reference Report by the Joint Research Centre of the
European Commission, Italy.)
(Views expressed by officers are solely their personal views
and do not necessarily represent the views and opinions of the
organization.)
65
 SECRETS OF THE
SOARING
PEN DOWN

SHARE MARKET
Why is the financial market at an all-time high during the pandemic when the
economic condition of India is not good?

ell, that's because the stock market is just one

W of the many markets which constitute a part of

the economy. Having said that, the stock
market is a pretty good indicator of how the big businesses
are doing in the country. After the pandemic the share
market bled heavily. NIFTY had touched this year's low of
7,610 points on March 23, 2020. India had registered a
negative growth rate of 23.9 per cent for the first quarter of
the FY 2020-21.
But what suddenly made the market cross its previous
benchmarks during October ‘20 which was a Covid Era?
Before answering this question, let me explain the term
Helicopter Money.
It is an unconventional monetary policy tool aimed at
bringing a flagging economy back on track. It involves
printing large sums of money and distributing it to the
public. American economist Milton Friedman coined this
term. It basically denotes a helicopter dropping money from
the sky. Friedman used the term to signify “unexpectedly
dumping money into a struggling economy with the
Contributed by
Neha Shaw
Asst. Manager (Finance)
intention to shock it out of a deep slump”. Under such a
policy, a Central Bank “directly increases the money supply
and, via the government, distributes the new cash to the
population with the aim of boosting demand and inflation.”
Now the answer to the earlier question can be explained via
points below:
1. The Fed prints money at historic levels… and it's just
beginning: The western central banks, led by the US
Federal Reserve, have printed a lot of money, which is
actually Helicopter money, during February to drive
down interest rates and get people and businesses to
borrow and spend. The Federal Reserve printed more
than $2.8 trillion between February 26 and August 5,

66
 2020. Some of this money made it into India from the
share market route which increases the demand of shares.
2. Interest rates are at historic lows and primed to go lower:
The U.S. Federal Reserve and others have cut interest rates,
introducing the most expansive monetary policy practices,
with governments imposing expansionary fiscal policies.
At the global level, US Treasury yields rate, where the
benchmark bond (10-year tenure) yields, had fallen to 5.6
per cent during the peak of the pandemic crisis. In
countries like Switzerland, Denmark, Japan, Sweden and
more the interest rates were negative.
During June-20 huge surge in foreign flow of investment
into the share market has been because people borrowed at
a lower rate and invested the same into Indian market.
3. Which inflow in the market is higher — investment or
speculation? In June last year the big stock market jump
was driven by speculation. As per the stock exchanges data
on delivery percentage of share on daily basis, which can be
used to measure the amount of speculation, shows that the
level of stock market was very high. In fact delivery
percentage speculation level in June was the highest in 15
years, higher than during the time of the great financial
crisis in 2008. The next question that arises is who were the
people speculating in the stock markets?
Was it the promoters driving their stock prices up or banks
investing the excess liquidity in the markets or mutual
funds or foreign money? Again as per market data, indeed
mutual funds were taking their money out of the stock
markets in June'20 and during previous months, Domestic
investors have taken their money out but on the other side
there was a large amount of foreign money too. In June ‘20
nearly, `22,000 crore foreign money was pumped into the
Indian stock market — the highest in the last five year —
leading to a sharp rise in the stock market.
4. Participation of retail investors:
SEBI law defines retail individual
investor as one who applies or bids
for securities of or for a value of
not more than `2,00,000 in an
IPO and buys or holds shares
worth less than `2,00,000 in a
The Reserve Bank of India
had observed the disconnect
between the economy and
stock market last year
stock. The participation of retail investors in the stock
market has increased between December 2019 and June
2020 as the number of demat accounts rose by 3.9 million
to 43.2 million accounts, a 10 per cent rise. In fact, just from
March end, when a total lockdown was introduced to
tackle Covid-19, to June 2.4 million new demat accounts
were opened. The latest monthly bulletin of Securities and
Exchange Board of India, the stock market regulator, points
out, “We have seen a huge surge in participation of retail
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investors in the equity market in the last few months. The
fact that there is also a surge in opening up of demat
accounts suggests that many of these retail investors are
perhaps first-time investors in the stock market.”
These few reasons explain why the Indian Stock Market
gone up but the phenomenon is witnessed in the world
stock market as well which has seen tremendous ups and
downs. The worry is, what will happen to Indian stock
market if the foreign money is flushed out from here.
Therefore this boom is worrying. On January 11, 2020, the
Reserve Bank of India (RBI), in its annual report had
observed, “The disconnect” between how the economy is
fairing and how the stock markets are performing has
accentuated in recent times and now “poses risks to
financial stability” of the country.
(Views expressed by officers are solely their personal views
and do not necessarily represent the views and opinions of the
organization.)
67
 INTRODUCTION TO
MUTUAL FUNDS
Investing systematically and after having understood the fallout can lead to
substantial long-term gains
utual fund, which perhaps is the most common

M and sought-after investment choice among

common retail investors, is also one of the most
commonly misunderstood investment products by majority
of the class which devotes money towards these. With this
article let me try to clear the air around the misconceptions
in the mutual fund industry.
Mutual funds schemes are operated by asset management
companies (AMC) which collect funds from investors. The
pool of funds collected is further utilized to purchase the
securities from the open market. AMC's, after making
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Contributed by
CA Anya Agarwal
Deputy Manager (Finance)
scheme is the one where no broker or intermediary is
involved at the time of investing and all the funds collected
are used in purchasing the units. Whereas, in case of regular
a small portion of funds collected are channelized towards
distribution charges and brokerage. Needless to say, that the

purchase, allot units to the investors on the basis of Net Asset
Value (NAV) of the mutual fund scheme. In simple terms,
NAV is the sum total of market value of all the securities held
by the mutual fund portfolio and cash balance divided by the
total number of units outstanding in the mutual fund
scheme.
Procedure to Invest in Mutual Fund: There are broadly
two ways one can invest in a mutual fund scheme. One is the
regular scheme and the other is direct scheme. Direct
NAV of the direct schemes always turn out to be better in
comparison to the regular schemes. However, if one is not
well-versed with the intricacies of capital markets and also
not having a substantial risk appetite, it is better to go with
regular schemes after paying a small charge towards
brokerage.
Identifying Schemes to Invest: Before investing in mutual
fund, one must have a clarity of goal for which the
investment is done in a particular scheme. The clarity should

Small amounts invested over a period of

time can ad to a corpus

68

be in terms of amount required and time horizon. Broadly
there are two categories of mutual fund, equity and debt. For
being categorized as equity mutual fund 65 per cent of the
fund has to be invested in the equity instruments. Whereas
debt mutual funds invest primarily in various debt
instruments of the market like T-bills, corporate bonds,
commercial papers etc. In terms of risk, equity mutual funds
are much riskier than the debt counterparts in the short
term. Therefore, equity mutual funds are preferred whenever
the time horizon is more than five years and the investor is
willing to take substantial amount of risk. Apart from debt
and equity, there is one more category which is a hybrid
fund. As the name suggests it is a combination of equity and
debt assets.
Entry and Exit Load: One thing to keep in mind while
investing in mutual funds is determination of entry and exit
An SIP can help to achieve financial goals
load. Entry load is a type of fee which is levied as a certain
percentage of total amount invested at the time of starting
investment with a mutual fund. Similarly, exit load is levied as
a certain percentage (generally 1 per cent) whenever the units
of the scheme are sold before a certain time limit (generally 12
months). Entry and exit load should be kept in mind at the
time of entering and exiting the particular scheme since it
eventually eats into the return generated by the scheme.
Taxation: It is one of the most important things to know
while investing in mutual funds, since post tax returns can be
materially affected by the way mutual funds gains are taxed.
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Gains in equity-oriented mutual funds, in excess of
`1,00,000, are taxed at the rate of 10 per cent provided units
are held for a period of more than 12 months. Whereas, if
held for less than 12 months then short term capital gain will
be levied which will be taxed at the rate of 15 per cent.
In case of debt funds, gains will be taxed as short-term
capital gains if the units are held for less than 36 months.
Such gains will be added to the gross total income and
shall be taxed at the slab rate in which the assess total income
falls. However, in case the units are held for more than
36 months then the gains will be classified as long-term
capital gains and shall be taxed at the rate of 20 per cent.
Also, in case of long-term capital gains benefit of indexation
will be available, which lets the purchase price to adjust
according to inflation.
Conclusion: Selecting the right mutual funds schemes is
imperative in achieving our financial goals. One must have
the basic knowledge before jumping into the world of mutual
funds. A small mistake in the process may derail the
portfolio from its target and might put the future plans in
jeopardy. Also, one must keep emotions in check and not let
greed take over financial prudence. For a common retail
investor, it is more fruitful and financially rewarding to
invest with common sense keeping a simple investment
strategy rather than investing with deep technical knowledge
and complicated strategies.
Happy Investing!
(Views expressed by officers are solely their personal views
and do not necessarily represent the views and opinions of the
organization.)
69
 TRAINING,
PEN DOWN
AN INVESTMENT
An employee acquiring a special skill-set can prove to be
advantageous for the company
reat organizations are built on great talents and great
G talents build enabling ecosystems for the growth of
the organization. One such prime ecosystem is
grooming talents through meaningful training and
development interventions which are a part of the talent
management process of many successful multinational
corporates. Building a success story through training
intervention begins with structured training needs
identification (TNI).
The effectiveness of a training and development
intervention, to a great extent, depends on the quality of the
process of TNI. The input for designing training programs
comes from the identification process. Before designing or
conducting a training program, assessing needs plays a
pivotal role in achieving the desired success. The purpose
of TNI is to find out the current level of performance and
the desired level of performance. The standard competence
required for the job and the existing competence on the
job are called the areas of deficiencies. The knowledge,
70
Contributed by
Debasis Satapathy
General Manager, HR, NBCC, &
Ph.D. from XLRI, Jamshedpur
skill and attitude gap with the job holder is called the
training needs.
To have a robust TNI, we need an inclusive identification
process encompassing needs arising out of technological
change, economic and political change as well as change in the
stakeholders expectations, change in the competitions, change
in the expectations on productivity, cost reduction and
individual performance improvement. NBCC, pioneering in
large construction activities, ensures business grow from
strength to strength through its talent management
interventions. Through deep personal engagements, training
needs are being identified to address the key challenges. The
better performance plan germinates from the TNI process.
■ TECHNOLOGICAL CHANGES: Technology is
changing at an uncanny speed. Today's technology is
obsolete tomorrow. We are operating in a global village
where superior technology could be from any corner of
the world. Hence to have an edge in technology, in
NBCC, talents are trained on the state of the art
technology which is future-ready and thereby
continuously builds successful teams. The technological
changes which would impact its fast track growth are
being identified and structured training is being
imparted to the involved and affected people for
additional skill, knowledge and capabilities.
■ ECONOMIC/POLITICAL CHANGE: The key
challenges in an economy are the economic and political
changes due to dynamic internal and external factors.
The economic and political changes in one country may
impact the business in the same country as well as to
other countries as well. Some of the major economic
decisions may suit one political party and may not favor
other parties. If the organization is not agile and flexible
in keeping with the market demands because of political
and economic changes, the result may be catastrophic.
The talent pool needs to be trained to keep up with these
market forces, else not only would the organization lose
business opportunities but the challenges would also look
more gigantic. Talents need training on additional skills,
knowledge and capabilities which would impact them.
Moreover, existing skills, knowledge and capabilities
need to be reinforced.
■ STAKEHOLDER EXPECTATIONS: Stakeholders’
expectations are more demanding in the VUCA
(Volatility, Uncertainty, Complexity and Ambiguity)
world. Customers are not content with mediocre
products and services as they demand superior ones
matching the best in class. They expect corporations to
outperform and build enabling ecosystem for world-class
delivery with a competitive cost. Therefore to cope up
with the rising expectations of stakeholders, the talents
need to be trained for a customer-first attitude and
world-class delivery. They need to undergo training on
the additional skills, knowledge and capabilities to meet
the stakeholder's expectation.
■ COMPETITION: Competition has drastically affected
the entire world. To survive, any organization has to
foresee the competition well in advance and be
flexible enough to change as required to be able to
survive. Many top 10 Indian corporates of the 90s no
longer feature in that elite list. Some of them are
either struggling or are almost extinct. Hence the
organizations need to proactively understand the need
for changing the skills and attitude demanded by the
changing market and identifying the training needs in
keeping with the demand.
■ ORGANIZATION AND DEPARTMENT SPECIFIC
COST IMPROVEMENTS: Many times, businesses lose
substantial revenue due to average competencies of human
resources and processes which need to be augmented. The
systems and processes tend to be robust with the
introduction of techniques like six sigma, TQM (Total
Quality Management), Quality circle, Kaizen, Zemba
kaizen, Muda, Mura, Kanban, lean processes etc. (Japanese
techniques for process improvement, cost reduction, waste
elimination etc). Human resources need to be trained on
these techniques for superior performance. Jack Welch
was the pioneer in introducing six sigma concepts in GE
and this success story is one of the best practices for many
business entities and a case study in several premier
business schools.
■ DEPARTMENT SPECIFIC COST EFFECTIVENESS:
To materialize any objective, primarily three kinds of
activities have to be executed. The first is value-adding,
the second is non-value adding and the third is waste. We
need to deep-dive to scan each aspect of the process
which drives business irrespective of whether it is a
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service or manufacturing industry. Next comes
segregating the processes under these three heads.
Attempts need to be made to eliminate waste, minimize
non-value adding and strengthening value-adding
processes. Hence the human resources in different
functions accountable for delivering these results need to
be trained in this elimination, minimization,
strengthening process.
■ INDIVIDUAL PERFORMANCE ENHANCEMENT:
The level of expertise and consequent delivery by
talents varies from one individual to the other. In HR
parlance we segregate them into four categories based
on their potential and performance. They are stars,
workhorses, problem children and deadwood. Success
lies in our expertise on further strengthening the stars,
converting workhorses to stars, imbibing the right
attitude and willingness to the problem children and
transforming the deadwood into productive resources.
The foundation for these initiatives is the right kind of
training and development interventions. Human
resources irrespective of falling in the category of Gen
X, Gen Y or Gen Z need meaningful exposure and
grooming to excel at a personal level as well as a
professional level. These interventions are extremely
critical when the economy is undergoing a crucial phase
of slowdown due to national as well as international
factors.
(Views expressed by officers are solely their personal views
and do not necessarily represent the views and opinions of the
organization.)
71
 TAXING THE
PROVIDENT FUND
A CRITICAL LOOK
This years budget has brought about a change in the tax imposed upon this
popular savings mode. An in-depth look at the implications of the move
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ocial security in India is always a debatable issue. The
S Indian social security system includes the Employees'
Provident Fund Scheme (1952), the Employees' Pension
Scheme (1995) and the Employees' Deposit-Linked Insurance
Scheme (1976) all which are covered by the Employees'
Provident Funds and Miscellaneous Provisions Act 1952.
These schemes are covered by an agreement. The employee
pays 12 per cent of his/her basic wages into the Employees'
Provident Fund (no employee contributions are required for
the Employees' Pension Scheme) and the Employer pays 12.5
per cent of basic wages (8.33 per cent into the Pension Fund,
3.67 per cent to the Provident Fund and 0.51 per cent to the
Deposit-Linked Insurance Scheme). The Government
contributes 1.17 per cent of the basic wage to the Pension
Scheme.
Finance minister Mrs Nirmala Sitharaman announced in
the Budget 2021-22 that the employee’s contributions to
Employee Provident Fund (EPF) over `2.5 lakh a year would
be taxable from April 1, 2021. The move is set to impact people
with high contributions to EPF and has been criticized among
the service class. However, the government has argued that it
will affect less than 1 per cent of the contributors and said that
the ordinance has been brought to curb wealthy people from
parking excess money in Provident Funds (PFs) to earn higher
tax-free interest.The limit of `2.5 lakh was further increased to
`5 lakh where the employer does not contribute anything to
the EPF account of the employee. As such the proposed
amendment does not impact the position in NBCC, as the
72
Contributed by
Ruchi Agarwal
General Manager (Finance)
employer is making 12 per cent contribution towards the PF of
its employees.
While issuing further clarifications on the issue, Kamlesh
Varshney, joint secretary, tax policy division at the Central
Board of Direct Taxes (CBDT) clarified that the contributions
to EPF above `2.5 lakh a year will be kept in a separate basket
and taxed in a similar manner as fixed deposits, without any
double taxation.
Before this Union Budget's proposal, Section 10(11) and
10(12) of the Income Tax Act provided an exemption for the
statutory provident fund and recognized provident fund
respectively. Interest credited every year in the EPF is exempt
from tax. The deposits in EPF fall under the Exempt, Exempt,
Exempt (EEE) tax category. Thus, an employee was not liable
to pay tax at all three levels — investment, earning and
withdrawal.
Contributions were tax deductible up to `1.5 lakh a year
under Section 80C. Interest earned on EPF, VPF and exempted
PF trusts was exempt from tax (up to `2.5 lakh for staff
contributions post the budget).
It was the Union Budget of 2021-22 which brought a twist.
Some high-earners were contributing large amounts to the EPF
and enjoying tax-free interest on it every year. The Union
Budget has capped the tax exemption to interest on employee
contributions up to `2.5 lakh per annum, affecting those
employees with a salary above `20.8 lakh. For example, if an
employee with a salary of `40 lakh contributes `4.8 lakh to EPF,
then interest on contributions up to `2.5 lakh shall continue to
be tax-exempt. And the interest earned on `2.3 lakh would be
taxable at the slab rate.
It means that no exemption shall be available for the
interest income accrued during the previous year in the
recognized and statutory provident fund to the extent it relates
to the contribution made by the employees over `2,50,000 in
the previous year. It may be better illustrated with the help of
the following:
In the illustration below, `11,050 will be added to the
employee's taxable income and tax will be payable by him
according to his tax slab and `1,105 will be reflected in his form
26AS as TDS deducted. In case, his tax slab is less than 10 per
cent he will be eligible for a refund of `850/- deducted by the
EPFO as TDS.
The amendment has been introduced as the Government
noticed that some employees have been contributing a huge
amount to these funds. The interest rate on EPF is generally
higher than other small savings schemes and fixed deposits
that offer guaranteed returns. The higher interest rate on EPF
prompts employees to put higher corpus in EPF, which in turn
makes it difficult for the government to pay interest on the
same.
Salient Features of the Proposed Amendment:-
(a) This interest taxability shall be applicable only for the
contribution made on or after April 1, 2021.
(b) The employee's principal contribution, employer's
contribution, entire interest earned on employers'
contribution, and interest earned by the employee till
March 31, 2021 are not taxable
(c) The interest income earned on excess contribution will be
taxable only in those cases where the employees' annual PF
contribution exceeds `2, 50,000.
(d) The contribution to PPF is already restricted to `1.5 lakh
p.a. currently, so this amendment will not have any impact
on PPF contribution.
However, there is no clarity on some issues.
(a) Generally EPFO announce the interest rate for the previous
Financial Employee's Contribution
Year contribution in liable for tax
EPF in a year on interest
(`) (b- 2,50,000)
(a) (b) (c)
2021-22 4,80,000 1,30,000
financial year around six-nine months after its closing.
How would the interest be calculated for tax deduction
during the financial year?
(b) In absence of the receipt of information how would the
employer include the taxation of excess contribution of PF
in the employee Form 16 while making income tax
calculations?
(c) How would the employees file income tax returns without
finalizing the above issues?
(d) Whether the above contribution of `2,50,000 also include
the mandatory contribution made by any employee.
(e) Whether interest earned on next year on the taxable part of
interest is taxable. Now, we come to the Public Provident
Fund (PPF). A cap of `2.5 lakh is applicable for claiming
interest on PPF. At present, this is not relevant because
contribution to PPF itself is limited up to `1.5 lakh. Thus
this amendment will not have any impact on PPF
contribution.
There are alternate investment options like the National
Pension System (NPS). With the commutation part on
maturity now tax free, NPS is a good alternative for pension
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seekers. The wide investment options also make it suitable for
both aggressive and conservative investors.
NPS provides a better interest rate that PF and is tax
efficient as well. An employee earning a high salary may adopt
a mix of EPF and NPS to maximize returns and minimize tax
outgo. Returns on NPS are tax-exempt until withdrawals are
made from the account upon maturity. At the time of
withdrawal, 60 per cent of the corpus is tax-free while 40 per
cent must be used to buy an annuity, which is taxable. While
not EEE, this tax structure may prove to be better than the
taxation at applicable slab rate on EPF interest on contributions
above `2.5 lakh..
Equity Linked Saving Scheme (ELSS) are a good tax-saving
investment option especially for equity investors. On
redemption, 10 per cent capital gain tax is levied on gain over
`1 lakh in a financial year. ELSS offers dual advantage of capital
appreciation as well as tax saving has lower lock-in period
(three years) than PF & NPS.
(Views expressed by officers are solely their personal views
and do not necessarily represent the views and opinions of the
organization.)
Interest on TDS @ 10% Balance
the excess under section 194 A taxable amount
contribution (10% on d) to be credited
(C*8.5%) Account (d-e)
(d) (e) (f)
11,050 1,105 9,945
73
 THE
PEN DOWN

CRYPTOCURRENCIES
DILEMMA:
n April 2018, the RBI prohibited Indian banks from
TO BAN OR TO
REGULARIZE

I providing services to crypto exchanges and businesses

dealing with digital assets. India's crypto industry was
outraged and challenged the barring of bank services in
court. But the crypto banking ban was lifted only in March
2020 when India's Supreme Court ruled against the RBI.
At a time when speculations are rife that the government
would impose a blanket ban on virtual currencies again, the
Ministry of Corporate Affairs announced amendments in the
Company Act (2013) seeking disclosures from companies
dealing with such currencies. The new regulations became
effective from April 1 this year. This new disclosure indicates
that the government is looking at regulating the industry
rather than an outright cryptocurrency ban. From complete
ban to regulation, there are many competing theories as to the
actual intentions of the Indian government following the
Contributed by
CA Deepak Rathore
Deputy Manager (Finance)
MCA cryptocurrency disclosure legislation.
In India, despite government threats of a ban, transaction
volumes are swelling and 10 million investors now hold 100
billion rupees ($1.5 billion) in crypto-investments, according
to industry estimates. The major cryptocurrencies which are
traded in India include Bitcoin, Tron , Ripple, Stellar, Tether,
Litecoin, BAT etc. These currencies can be traded using
Zebpay in India.
Globally, major companies such as Tesla and
MicroStrategy have been holding big amounts of bitcoin on

74
The major cryptocurrencies which are traded in India include
Bitcoin, Tron, Ripple, Stellar, Tether, Litecoin, BAT and more
their balance sheets. The number of companies having
exposure to this avenue in India is not known. The
Government is now realizing that the banning of the crypto-
currencies in not the solution as it will adversely affected the
capital of 10 millions investors. They are now assessing How
much Indian companies are holding in the crypto-
currencies" before coming to any conclusion.
The major currency Bitcoin, the world's biggest
cryptocurrency, hit a record high of $60,000 , nearly
doubling in value this year as its acceptance for payments has
increased with the support from high-profile backers as Tesla
Inc CEO Elon Musk.
The Ministry of Corporate Affairs (MCA) has amended
the Schedule III to the Companies Act, 2013 vide
notification dated 24.03.2021, wherein the certain disclosure
requirements as well as the principles as stated in respect of
the preparation of the financial statements has been
amended with regard to details cryptocurrencies :
“Where the Company has traded or invested in Crypto
currency or Virtual Currency during the financial year, the
following shall be disclosed:-
a. profit or loss on transactions involving Crypto currency
or Virtual Currency
b. amount of currency held as at the reporting date,
c. deposits or advances from any person for the purpose
of trading or investing in Crypto Currency/virtual
currency.”
This in line with Union Finance Minister, Smt. Nirmala
Sitharaman, comment, “India is not shutting off all
options when it comes to cryptocurrency or blockchain
and fintech.”
In my view, Government should protect the interest
of investors before finalizing the law relating to
the cryptocurrencies. Investors should also understand that
dealing in such currencies can be very risky as the regulations
for trading/ investing in digital/virtual currency are not yet
laid out and defined. Though the returns are grand, yet the
high risk involved and also possibility of ban in future by the
government cannot be ruled out.
(Views expressed by officers are solely their personal views
and do not necessarily represent the views and opinions of the
organization.)
75
 THE FUTURE IS
ELECTRIC
Switching to non-fossil fuels can prove to be an important
step towards cleaner environment
case is often made for the desirability of phasing

A out fossil fuels and switching to hybrid vehicles

mainly electric ones, for transport. But we first
need to understand what Electric Vehicles (EVs) are.
Contributed by
Divya Bharti
SPE (C), Technical Division

Electric Vehicles (EVs)

n An electric vehicle, uses one or more electric motors or experience of breathing fresh air reinforces the case for
traction motors for propulsion. switching to electric vehicles.
n An electric vehicle may be powered through self-
contained battery, solar panels or an electric generator Climate change
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to convert fuel to electricity. n Problem of rapid global temperature increase has

Need for EVs in India
OBSERVATION
n Visible effect of the lockdown is clean air in cities as
vehicles went off roads. The Himalayan range became
visible from Punjab for the first time in 30 years.
Satellite images showed the steep drop in nitrogen
oxides from vehicular emissions in Delhi and Mumbai.
n As lockdowns ease and roads fill up
again, we'll see pollution
return. But the
created the need for a reduction in the use of fossil fuels
and the associated emissions.
n According to a recent study by WHO, India is home to
14 out of 20 most polluted cities in the world. EVs will
help in tackling this problem by reducing local
concentrations of pollutants in cities.
n India has committed to cutting its GHG emissions
intensity by 33% to 35% percent below 2005 levels by
2030.

76
 The Government has set a target of electric vehicles making up 30 per cent of new sales of cars and two-wheelers by 2030
Energy security
n India imports oil to cover over 80 percent of its transport
fuel.
n EVs can reduce dependence on imported crude oil
promoting India's energy security.
n The shift towards renewable energy sources has led to cost
reduction from better electricity generating technologies.
This has introduced the possibility of clean, low-carbon
and inexpensive grids.
Challenges for EV Industry in India
n Lack of a stable policy for EV production: EV
production is capital intensive sector requiring long term
planning to break even and profit realization, uncertainty
in government policies related to EV production
discourages investment in the industry.
n Technological challenges: India is technologically
deficient in the production of electronics that form the
backbone of EV industry, such as batteries,
semiconductors, controllers, etc.
n Lack of associated infrastructural support: The lack
of clarity over AC versus DC charging stations, grid
stability and range anxiety (fear that battery will soon run
out of power) are other factors that hinder the growth of
EV industry.
n Lack of availability of materials for domestic
production: Battery is single most important
component of EVs. India does not have any known
reserve of lithium and cobalt which are required for
battery production. India is dependent on countries like
Japan and China for the import of lithium-ion batteries.
n Lack of skilled workers: EVs have higher servicing
costs and higher levels of skills is needed for servicing.
India lacks dedicated training courses for such skill
development.
Government Initiatives
n Government has set a target of electric vehicles making up
30 % of new sales of cars and two-wheelers by 2030 from
less than 1% today.
n The government aims to see 6 million electric and hybrid
vehicles on the roads by 2020 under the National Electric
Mobility Mission Plan 2020.
n Faster Adoption and Manufacturing of Electric Vehicles
in India (FAME India Scheme) for improving electric
mobility in India.
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n The GST reduction for electric vehicles from 12% to 5%.
n The Union power ministry categorized charging of
batteries as a service, which will help charging stations
operate without licences.
n Implementation of smart cities would also boost the
growth of electric vehicles.
Way Forward
n Education curriculum and skill development plans should
be upgraded to match the requirements of the sectors.
n Stabilizing policy environment by working on tax
incentives, non-fiscal incentives can address the
uncertainty of demand helping the industry to achieve
economies of scale.
n EVs are rapidly growing sunrise sector which can give
push to 'Make in India'.
n Signing of Memorandum of Understanding (MoU) with
countries rich in materials like Lithium, rare earth materials
etc. to deal with lack of availability of these materials.
n Establishing the right coordination among three pillars
of EV industry i.e. urban planning, transportation
and power sectors will assist in systematic adoption
of EVs.
n Affordable, accessible, inclusive and safe mobility
solutions are primary strategic levers for rapid economic
development and improving 'Ease of Living'.
(Views expressed by officers are solely their personal views
and do not necessarily represent the views and opinions of the
organization.)
77
 HEALTHCARE,
INFRASTRUCTURE
PEN DOWN
AND DIVESTMENT IN FOCUS
en years down the line when we look at the decade that
T went by and read about New India' s growth story in
the 2020s, the Union Budget of 2021-22 will surely
serve as its prologue. This year's budget presented by the
Finance Minister has been nothing but exemplary given the
tough situations it was drafted in. It reflects the resilience of the
Indian people in fighting one of the toughest enemies that
there can be — a microscopic virus.
When the COVID-19 pandemic broke out, unlike other
countries, India took the road less-travelled. It imposed the
world's most stringent lockdown at the very start. We took the
boldest step at the most crucial time to save the invaluable lives
of our citizens.
Finance Minister Nirmala Sitharaman presented the Union
Budget 2021 on February 1, 2021. The budget gave major
emphasis to healthcare and infra sectors. Besides, a host of
substantial announcements were made on the divestment
front, including the coming IPO of Life Insurance
Corporation.
Here are the highlights of the Union Budget 2021:
n No change in tax slabs: The Finance Minister did not
modify income tax slabs for the financial year 2021-22. No
major announcements were made on the Direct Tax front,
78
Contributed by
Nishant Verma
Assistant Manager (Finance),
which will come both as a relief and a disappointment for
the salaried taxpayers.
“In order to provide relief to senior citizens who are of 75
years or above and to reduce compliance for them, it is
proposed to insert a new section to provide a relaxation
from filing the return of income,” she said.
n Affordable housing, an extension on extension: Tax
exemption for affordable housing was further extended by
one year. It will benefit middle-class first-time home buyers
who will get enhanced deduction of `1.5 lakh (over and
above the existing deduction of ` 2 lakh) for interest on
housing loan for a house valued up to `45 lakh if the loan
is taken before March 31, 2022 (earlier March 31, 2021).
n Time limit for filing delayed (belated)/revised income tax
return is reduced by three months: The last date to file
income-tax return now stands at December 31 after the
closing of the tax year. Similarly, the timeline for
 completion of assessment has been reduced by three
months.
n Faceless resolution: The Budget proposes setting up faceless
dispute resolution committee for individual tax payers,
making Income Tax Appellate Tribunal faceless, and
constituting the dispute resolution committee for small and
medium tax payers.
n Atmanirbhar Bharat: The FM outlined six pillars of
proposals to strengthen the vision of Atmanirbharta,
namely
i. health and well-being,
ii. capital and infrastructure,
iii. inclusive development, reinvigorating human capital,
innovation and R&D and minimum government and
maximum governance.
Since healthcare has been at the center of all policy
decisions since the pandemic has hit India, the allocation to
healthcare has more than doubled in the Budget. The spending
on healthcare has been increased by 137 per cent. The
increased spends on the healthcare sector through
Atmanirbhar Swasth Bharat Yojana will improve
infrastructure, and is in line with industry expectations of 2.5
per cent-3 per cent of GDP, and also the GDP National Health
Policy 2017 target of 2.5 per cent by 2025.
India will spend `2.23 lakh crore on healthcare. An amount
of `35,000 crore will be spent on Covid-19 vaccines as as part
of the `2.23 lakh crore spending.
This time the government has allocated 34.5 per cent more
than last year to infrastructure development, and given equal
emphasis to all physical infrastructure including roads and
highways, railways, urban infrastructure, power, port, shipping
and airways, and petroleum and natural gas.
n Disinvestment and Strategic Sale
In spite of COVID-19, Government has kept working
towards strategic disinvestment. The Finance Minister said a
number of transactions namely BPCL, Air India, Shipping
Corporation of India, Container Corporation of India, IDBI
Bank, BEML, Pawan Hans, Neelachal Ispat Nigam limited
among others would be completed in 2021-22. Other than
IDBI Bank, Government proposes to take up the
privatization of two Public Sector Banks and one General
Insurance company in the year 2021-22.
The Finance Minister said that in the AtmaNirbhar
Package, she had announced a policy of strategic
disinvestment of public sector enterprises and said that the
Government has approved the said policy. The policy
provides a clear roadmap for disinvestment in all non-
strategic and strategic sectors. Government has kept four
areas that are strategic where bare minimum Central Public
Sector Enterprises (CPSE) will be maintained and the rest
privatized. In the non-strategic sectors, CPSEs will be
privatized, else it would be closed. She said that to fast
forward the disinvestment policy, the NITI Aayog will work
out on the next list of CPSEs that would be taken up for
strategic disinvestment. The Government has estimated
`1,75,000 crore as receipts from disinvestment in 2020-21.
Touted to be one of the biggest IPOs in the history of
India, the 10 percent stake sale of LIC was initially planned
for the second half of 2020, but was postponed due to the
coronavirus pandemic. The initial public offering (IPO) of
LIC will be completed in 2021-22, she said.
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In last year's budget, Ms. Sitharaman had announced that
the government proposed to sell a part of its holding in LIC
to sell by way of an IPO.
Union Finance Minister Nirmala Sitharaman, in her
Budget speech for 2021-22, announced that two public
sector banks and one general insurance firm will be
disinvested this year.
The government hopes that the listing would bring
discipline, while giving retail investors an opportunity to
participate in wealth creation.
n Big borrowing: The Finance Minister Nirmala
Sitharaman said the government will borrow about `12
lakh crore in 2021-22. Presenting the Union Budget for
2021-22, she said expenditure for the next fiscal year has
been pegged at `34.83 lakh crore, which includes `5.54
lakh crore of capital spending.
Sitharaman also said states will get 41 per cent share of
taxes as per the 15th Finance Commission recommendation
and the government has accepted the recommendation.
n Banking and companies: The Govt plans to allot `20,000
crore for bank recapitalization of PSBs. The FM also
proposed to revise definition under Companies Act,
2013 for small companies by increasing their threshold
for capitalization.
Big allocation to healthcare and infrastructure is an
encouragement to NBCC, as a pioneer in infrastructure
sector, and the company may bag big orders to execute.
(Views expressed by officers are solely their personal views
and do not necessarily represent the views and opinions of the
organization.)
79
 Sustaining Employee's
Morale, Commitment and Trust
EMPLOYEES MORALE AND TRUST
Employee’s morale and trust has always proven to be the
key factor for determining organization well being. It is well Contributed by
said and now proven that the triumph of any organization Abhishek Upadhyay
DGM (HRM)
lies in the hands of its employees. In view of many scholarly
research outcome it has evolved strongly that employees
outperforms when they have high morale, commitment and imbibe, share and propagate similar work behavior in all its
trust towards their work and organization. Therefore, it actions. Employees are the representatives and face of the
becomes palpable for every employer to always strive to organization.
sustain these three magical words in their organizations all
the time. Every effort should be made to exhibit such attitude NBCC’S JOURNEY IN THE PANDEMIC
all the time which may nurture and strengthen the employee For all around the world the year 2020-21 was a
morale, commitment and trust. pandemic year when every business process/transaction
Keeping the technicalities aside, Morale can be defined came to a standstill. No matter the state and status of
simply as a moral condition with respect to cheerfulness and employees, everyone was impacted all and sundry. NBCC
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zeal. It is a state of mind, and an emotional attitude. While took the year as a novel challenge and successfully nurtured
Organizational Commitment is an individual psychological the new ray of hope amongst not only in its employees &
attachment to an organization. It is a work-related outcome. dependents but also to its clients, construction laborers and
People who are committed are likely to stay in an other stakeholders. NBCC adopted multifarious approach
organization and work towards the organization goals. to deal with the situation (nation wide lockdown)- at its one
Organizational Trust is the confidence of workforce in the hand it ensured sustenance of existing process such as on
actions of company. time execution of Appraisal Process & promotion
The analogy of aforesaid key terms and its relationship
with productivity can be viewed in our daily chores. Our
probability to be successful in our routine assignments
greatly increases when we have high morale and
commitment towards it. Our morale and commitment
towards the job increases significantly when we carry high
trust in the actions of our employers, and, trust is something
which cannot be build overnight in the mindset of
employees. Trust is an abstract mental attitude toward a
proposition that someone is dependable. It is a belief pattern
which develops in employees when they observe similar
behaviors in certain ways from employer all the time. Trust
is a set of behaviors, such as acting in ways that depend on
another.
Therefore, it is necessary for organization aspiring high
productive employees to first of all nurture high trust
environment in organization so that employee in turn
develop high morale and commitment towards their work
and organization.
Although, building trust, morale and commitment is not
only the job of some specific department of an organization,
it is the duty of every representative of organization to

80
declarations, Salary distribution, Employee related
transactions, Induction Processes, Training and Workshops,
etc. while on the other hand Company has created a
volunteer group of employees who contacted site to site and
extended all possible help such as site sanitization, PPEs
distribution, Medical Camps, Ration packet (comprising
essential household commodities) distributions to
construction laborers. Company also contributed `2 crore
from its CSR fund and ensured similar payment of `70 lakh
and `1.20 crore from its subsidiary HSCL and HSCC
respectively in PM Cares Fund towards strengthening
nation fight against COVID-19. In addition to
contributions from CSR fund, all employees of the company
and its subsidiary donated one day salary i.e. `46.18 lakh in
PM Cares Fund.
A famous proverb for Employee Trust is said as that
Rome was not build in a day so to the Employees Trust.
Accordingly, various other small-small but high trust value
adding actions were initiated during the period by company
such as several health and motivational talks, webinars, were
held, Automatic hand sanitization machine was installed,
Leave Rules are relaxed to grant employees 30 days Special
Casual Leave for COVID treatment, Provisions for Work
from Home practices were notified, Disabled employees,
Pregnant women and Employees with Co-morbidities were
granted special permissions to observe WFH, Biometric
system of attendance was suspended, all employees health
status was tracked to keep a check, talks with nearby
hospitals were organized to ensure bed availability, various
Signages, Posters and Jan Andolan Campaigns were
organized. SCOPE-ILO also conducted one study on
Pandemic and WFH Practices wherein NBCC was included
in their study and panel of speakers.
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Company on another front also made ready its 04
hospital construction projects and 01 Real Estate Project as
COVID Care centre for the treatment of Covid-19 to help
GOI for noble cause. This had strengthened the government
count of Covid beds by 1,600.
The aforesaid benevolent acts of company has very well
emerged a successful model for nurturing and sustaining
employees trust. This has rightfully been concluded in the
survey of Great-Place-to-Work Institute, a global recognition
and benchmarking authority on employees trust and culture.
Great Place to Work Institute on the basis of their extensive
employee survey and audit held in October 2020 placed
NBCC (India) Limited in the distinguished list of companies
being identified as ‘Great Place to Work.’ This was the second
time in a row when NBCC India Limited has been conferred
with such privileged status. Based on the survey assessment
results Institute further recognized NBCC for its
‘Commitment to Being a Great Place to Work’ and granted
additional certificate in the month of December 2020. GPTW
Institute recognized NBCC for being among the best in the
industry and declared NBCC as “India’s Best Workplace in
Construction and Infrastructure for the year 2021.”
The above remarkable recognitions are just not the
success of the Company while it is the vocal cord of
employee’s high morale and high commitment and high
trust in the company.
(Views expressed by officers are solely their personal views
and do not necessarily represent the views and opinions of the
organization.)
81
PEN DOWN

SUSTAINABLE

MANTRA
Green buildings can offset the environmental
problems caused by mindless construction

82

Water harvesting can conserve this depleting resource
he fast pace of urbanization throughout the world
T has resulted in environmental problems of a
serious nature. These include air, water, land and
noise pollution, heat island effect, adverse effects on health,
problems of waste disposal and more. Usually, the urban
centers and their growth are non-sustainable due to the
absence of a proper policy, vested interests, ignoring
sustainable parameters along with a lack of public awareness
and transparent decisions.
To address ecological issues partially, developing green
buildings in major urban areas leads to environmental
protection. Green structures are by and large sustainable by
ensuring a better environment and restricting the negative
effects of construction. Moreover, green buildings give a sense
of intimacy with nature, reduce energy consumption and heat
island effect while improving the overall environmental
conditions.
The idea of green buildings is a part of the concept of green
urban infrastructure. The latter is classified to be an approach
towards land use which addresses important social,
environmental and economic issues. It is a strategically
planned and designed network of natural and semi-natural
areas coupled with other environmental features with a view
to providing an ideal ecosystem within an urban area. Green
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Contributed by
Diwakar Mishra
PM (Civil); BD Division
infrastructure usually consists of parks, gardens, grass verges,
green walls or green roofs, tree plantation along the roads and
development of tree belts at ideal locations. Besides these
green urban elements, the blue ones too are important
wherever aquatic ecosystems are available.
Green urban area infrastructure leads to multi-
dimensional and functional benefits in terms of ideal
ecosystems and a healthy environment. Some of the benefits of
green structures are:
❑ Improved human physical, psychological and social health
and well-being
❑ Enhanced livability by improving amenity and air quality,
as well as noise abatement
❑ Reduction of the urban heat island effect through shading
and transpiration while protecting from extreme weather
events such as heatwaves and storms
❑ Better water management, through reduced stormwater
runoff and flooding. This leads to recharge of groundwater
83
 and an improved water quality
❑ Healthy urban ecology by conserving, creating and linking
habitat with flora and fauna
❑ Local food production through community gardens, urban
orchards and farms
❑ Broader economic benefits due to enhanced commercial
and property value, better healthcare and energy savings as
well as ecosystem services
Concept of Green Building
Green building may be defined as a tool for increasing the
efficiency of buildings resources in the form of energy, water
and materials while reducing the impact of construction on
human health and the environment.
These are structures which incorporate the concepts of
waste reduction, low cost, less energy consumption, cooling
effect and environmental compatibility. Moreover, green
buildings encourage saving in water consumption, recycling,
waste minimization, social and economic benefits. The U.S.
EPA says, “Green building is the act of making structures and
utilizing forms that are naturally dependable and asset
effective all through a building’s life-cycle from siting to plan,
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development activity, support, remodeling and
deconstruction.”
Benefits of Green Building
The innovative and advanced technologies, with a new
approach, tend to supplement current practices in making
greener structures, the advantages of which can extend from
natural to financial and social. By embracing greener
practices, we can take the most preferred standpoint of
ecological and monetary execution. Green development
techniques when effectively coordinated and implemented at
the planning and development stage produce extensive
benefits. The green buildings may have multi-dimensional
benefits either directly or indirectly, some of which are
reflected here:
■ Efficient technologies
■ Easier maintenance
■ Return on investment
■ Improved indoor air quality
■ Energy efficiency
■ Water efficiency
■ Reducing waste, contamination and environmental
pollution
■ Efficiently utilizing resources, water and different assets
■ Protecting inhabitant well-being and enhancing efficiency
■ Waste reduction
■ Temperature moderation
■ Water conservation
■ Economical construction for poor
84
■ Healthier lifestyles and recreation
■ Improved health
Demerits of Green Building
Though there are significant benefits of green building yet
some disadvantages are listed below:
● Initial cost is high
● Lack of availability of materials
● Take more time to construct
● Need skilled workers
Materials for Green Constructions
It is desirable to use eco-friendly and environmentally
compatible material for construction along with recycling and
reusing of waste from old plumbing, doors etc. The materials
and methods that can be used for constructing a green
building include:
◆ Using wool brick which is obtained by adding wool and a
natural polymer found in seaweed to the clay of the brick.
These bricks have 37 per cent more strength than burnt
bricks and are resistant to cold and wet climate due to
thermal insulation properties.
◆ Using sustainable concrete which is made by using crushed
glass, wood chips or slag (a by-product of steel
manufacturing), recycled aggregates, lightweight
aggregates and more.
◆ Use of solar panels, solar water heaters, solar street lights
and other energy-efficient equipment.
◆ Using paper insulation made from recycled newspapers
and cardboard which is filled with chemical foam. This is
insect-resistant and fire retardant.
◆ Use of triple-glazed windows which have good thermal
insulation properties.
◆ Using compost plants for converting biodegradable waste
into compost.
◆ Using water treatment plants for recycling wastewater
which can be utilized for watering plants/parks in flushing
systems, fountains and more.
◆ Making orientation of buildings in a manner that
maximum daylight and natural ventilation may be used.
Conclusion
Green buildings are becoming popular the world over,
including in India, because these are eco-friendly and
environmentally compatible. Moreover, these save energy and
water, restrict environmental pollution and provide natural
comfort. Green buildings are the future of the construction
industry.
(Views expressed by officers are solely their personal views
and do not necessarily represent the views and opinions of the
organization.)
SYNC CONTEMPORARY
CONSTRUCTION WITH
VASTU astu, an ancient science, is used in different types of
V constructions. With sunlight and airflow as its
governing principles, Vastu, has its own importance
in civil constructions. It encourages construction with
natural materials in coordination with natural lighting and
ventilation decreasing power consumption and utilizing the
sun's energy and nature to the maximum.
■ VASTU AND DIRECTIONS
Since all living beings are made by five natural elements —
earth, water, fire, air and sky and these should be in
harmony. In construction, Vastu balances these five
elements.
The starting point of Vastu is marking North, which is
considered as auspicious, as the reference point since the
magnetic line moves north to south.
■ RELATING VASTU TO CIVIL ENGINEERING
Nowadays, civil engineers are particular about the
construction as per Vastu which helps to show the proper
direction of doors, windows, bed directions, bedroom
design, interior and entrance. Any change in direction
changes the vastu for the building or house.
■ VASTU FOR HOUSES
The Vastu tips vary depending upon the house direction.
o East/North/West Facing House/Building: In this, the
main entrance must be at the north-east corner so
that the sun energy/light moves directly into the
house so that there is more growth.
o The entrance, hall, Puja Room should be at the
north-east corner or east.
o The dining and balcony area should be in the south.
o The kitchen, staircase and bath room should be in
the south-east corner.
o The master bedroom should be in the southwest
corner.
o The children’s bedroom, bathroom and stair case
should be in the north-west corner.
o The second entrance should be in the north towards
east corner.
Contributed by
Akash Deep Choudhary
SPE (Civil), Technical Division
o The balcony can be in the north-west corner.
o The floor height should be higher at south-west
corner when compared to other sides or directions.
o There should be more loads like cupboards or
lockers in the south-west.
o Cupboards or shelves for all the rooms should be for
the west side or south side walls.
o The door for the children’s bedroom should be
towards the south-east corner.
o The door for the master bedroom should be in the
east towards north-east corner.
o The bathroom doors should be towards the south or
north-east corner.
o The bed should touch the south wall and the head
should be placed towards the south and legs towards
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the north.
o The main entrance should be at the north-east
corner.
o The height of the compound wall at the south-west
corner should be higher than the other sides.
o We need to turn towards the right when we are
moving up the stairs.
o Comparing to all the rooms the master bedroom
should be bigger.
o The overhead tank should be placed at the south-
west corner to balance the vastu.
o The underground tank should be place at the north-
east corner.
In the north-facing house, the main entrance should be
placed at the north-east corner or the center of the north wall.
b) South Facing House/ Building: The main entrance or
the main gates play the main role in a building/house.
In the south-facing house, the main door should not be
placed in the center of the south wall because it is the
Yama dwar. The correct place to place for the main door
is southeast corner.
■ DIRECTIONS IN RESIDENTIAL HOUSE
o The directions of places and their significance help
the builder or engineer to know the tips for Vastu.
o The main entrance in East gives positive energy like
health, and good wealth.
o The kitchen or the bathroom should be constructed
in the south east. It should not have the main door.
85
 o The entrance door at the center of the south wall
results in the death of the head of the family.
o The main bedroom should be constructed in the
south-west for peaceful sleep. It is the place where
positive energy enters the house.
o The main entrance at the center of the west wall
gives good wealth.
o Keep heavy loads like lockers for money and gold in
north west to save money.
o No toilets and no water drains should be placed in
north.
o North-East should be free from constructions and
should open to the sky. The larger this, the more the
increase of health, wealth and good family relations.
■ DIMENSIONS AND PLACING OF DOORS AND
WINDOWS AS PER VASTU
o The standard size of the main door should be 4x7
feet.
o The standard size of windows should be 4x4 feet.
o The standard size of the ventilators in the bathroom
should be 1.5x1 feet.
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o The standard size of the ventilator in kitchen should
have a diameter of 1feet (if circle) 1x1 feet (if it is
square).
o The doors and windows should be placed opposite
to each other for free flow of air and light.
o No low roofs should be constructed.
o Maintain an even number of doors and windows.
o Maintain at least two main doors one at east and the
other at north or west depending on the house face.
o The room or house should not have only four
corners.
■ THINGS THAT SHOULD NOT BE DONE IN
HOUSE AS PER VASTU
o Never keep medicines in kitchen because it gives off
negative energy which affects health.
o Never keep a mirror in front of the bed because
when a sleeping person’s soul moves out of the body
and sees the mirror, it results in death.
o Plants should not be kept in bedroom because these
produce carbon dioxide.
o No devil paintings or unnatural arts should be
placed in the house.
o Painting of Mahabharata, horse which has one or
two legs in the air, a sinking boat, Nataraja idol,
waterfalls, terrifying giants and demons, war scenes
and negative images should not be placed in the
house.
o Don't construct a beam in the center of the room
86
and pillars inside the room
o Avoids cats as pets because they stay in negative
energy places.
o Avoid T.V. or a computer in the bedroom. After
switching off the screen shows the reflection of a bed
which is bad. Do not use separate mattresses and
bed sheets on a king-sized bed.
o There should be no mirrors should in the kitchen.
■ THINGS THAT SHOULD BE IN HOUSE/ DO IN
HOUSE AS PER VASTU
o After placing the bed, the room should have less
space on the south and west sides when compared
with the east and north.
o The mirror should be placed at the south corner wall
and it should not be in front of the bed.
■ SPECIFICATIONS AND DIRECTIONS OF
CONSTRUCTION
o Place a window or a door at the north-east corner.
o Keep a Buddha or lord Ganesha statue in front of the
main door.
o All idols of god should face east for good results.
o The room or house should always be in a square or
rectangles.
o Airflow and sunlight should always come from the
north-east.
o Adopt dogs, because they stay in positive energy
places.
o Cook facing east.
o Keep water bodies like pot or bowl of water with
flowers at the north-east corner or at the main
entrance.
o Take all the decisions facing the north for good
result.
o Study facing towards east and north for better
results.
o Construct a window or door for a puja room so that
the morning sun rays directly fall on the idols which
give more energy to prayers.
(Views expressed by officers are solely their personal views
and do not necessarily represent the views and opinions of the
organization.)
 PEN DOWN
THE PATH TO
PLASTIC CLEANUP
Construction of roads out of a material, whose disposal has become a
serious problem the world over, might just be the way out of an
environmental disaster
he plastic waste quantity in municipal solid waste is

T increasing due to increase in population and changes

in life style. Thus, disposal of waste plastic is
hazardous and become a serious problem globally due to its
Non-biodegradability. Plastic roads are found to perform
better than ordinary roads and therefore use of plastic in
road construction has gained importance these days.
Disposal of waste plastic bags has become a serious problem
and waste plastics are burnt for disposal which causes
environmental pollution. Utilization of waste plastic
bituminous in mixes has proved that these enhance the
properties of mix in addition to solving disposal problems.
Waste like plastic bottles, polymers, cups, etc. can be re-used
by powdering or blending it with crusher and can be coated
over aggregate and bitumen by any heating process. This
article describes the various aspects of utilization of plastic
waste in construction of roads.
Contributed by
Vikas Choudhary
Project Manager (Civil)
INTRODUCTION
Most of the paved roads in our country have granular sub
base and base; bituminous base and wearing courses. The
past practice of providing thin wearing coat of 20 mm
premix carpet with seal coat was to allow deformation in
granular layers to take place once road is opened to traffic.
After the layers get compacted then thick bituminous
wearing course was provided. Plastic is a very versatile
material. Due to the industrial revolution, and its large scale
Production plastic seemed to be a cheaper and effective raw
material. Today, every vital sector of the economy starting

87
 from agriculture to packaging, automobile, electronics,
electrical, building construction, communication sectors has
been virtually revolutionized by the applications of Plastics.
Plastic is a non-biodegradable material and researchers
found that the material can remain on earth for 4500 years
without degradation. Several studies have proven the health
hazard caused by improper disposal of plastic waste. Plastics,
a versatile material and a friend to common man become a
problem to the environment after its use. Disposal of a
variety of plastic & rubber wastes in an eco-friendly way is
the thrust area of today's research. Looking forward the
scenario of present life style a complete ban on the use of
waste plastic cannot be put, although the waste plastic is
taking the face of a devil for the present and the future
generation. But the use of waste plastics in road construction
is gaining importance these days because plastic roads
perform better than ordinary ones and the plastic waste
considered to be a pollution menace, can find its use. The use
of waste plastic for coating the aggregates of the bituminous
mix is found to improve its performance characteristics.
Recycled polythene carry bags were shredded into small
sizes and is coated on aggregates of the mix at specified
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temperature. Bituminous mixes were prepared with 60/70

bitumen and plastic coated aggregates/ordinary aggregates
with cement as a filler material. The use of plastic waste helps
in substantially improving the abrasion and slip resistance of
flexible pavement and also allows obtaining values of
splitting tensile strength satisfied the specified limits while
plastic waste content is beyond 30% by weight of mix. If the
consistent mixing time and mixing temperature are not
provided for bitumen- modifier mix, modified bitumen
cannot exhibit good performance in situ, thus premature
failures will occur. Therefore, there are certain
recommended mixing time, mixing temperature and
modifier content for all the polymers with a trademark. This
all should be taken in mind while mixing and laying of roads
is to be done using plastic waste. Plastic road would be a
boon for India. In hot and extremely humid climate, durable
and eco-friendly plastic roads are of greatest advantages.
This will also help in reliving the earth from all type of plastic
waste
A material that contains one or more organic polymers of
large molecular weight, solid in its finish state and at some
state while manufacturing or processing into finished
articles, can be shaped by its flow is termed as plastics. The
plastic constitutes two major category of plastics; (i)
Thermoplastics and (ii) Thermoset plastics. The
thermoplastics, constitutes 80% and thermoset constitutes
approximately 20% of total post-consumer plastics waste
generated. Table 1 shows the consumption of plastic waste in
India.
BASIC PROCESS
Waste plastic is ground and made into powder; 3 to 4 %
plastic is mixed with the bitumen. Plastic increases the
melting point of the bitumen and makes the road retain its
flexibility during winters resulting in its long life. Shredded
plastic waste acts as a strong "binding agent" for tar making
the asphalt last long. Normally, blending takes place when
temperature reaches 45.5°C but when plastic is mixed, it
remains stable even at 55°C. The vigorous tests at the
laboratory level proved that the bituminous concrete mixes
prepared using the treated bitumen binder fulfilled all the
specified Marshall mix design criteria for surface course of
road pavement. There was a substantial increase in Marshall
Stability value of the BC mix, of the order of two to three
times higher value in comparison with the untreated or
ordinary bitumen. Another important observation was that
the bituminous mixes prepared using the treated binder
could withstand adverse soaking conditions under water for
longer duration.

88
PLASTIC AGGREGATE BITUMEN INTERACTION
MODEL
The shredded plastics on spraying over the hot aggregate
melted And spread over the aggregate giving a thin coating
at the Surface. When the aggregate temperature is around
140oc to 160oc the coated plastics remains in the softened
state. Over this, hot bitumen (160oc) is added. The added
bitumen spreads. Over the aggregate. At this temperature
both the coated plastics And bitumen are in the liquid state,
capable of easy diffusion at the inter phase. This process is
further helped by the increase in the contact area (increased
surface area). These observations May be explained as
follows. Waste polymers namely PE, PP and PS are
hydrocarbons with long chains. The bitumen is a complex
Mixture of asphaltenes and maltenes which are also long
chain hydro carbon. When bitumen was mixed with plastic
coated aggregate a portion of bitumen diffuses through the
plastic layer and binds with aggregate. The plastic layer has
already bonded strongly with aggregate. During this process
three dimensional internal cross linked net work structure
results between polymer molecules and bitumen constitutes.
Therefore the bond becomes stronger and the removal of
bonded bitumen becomes difficult.
MATERIAL COST COMPARISON FOR 1KM ROAD
Reusing plastic waste to pave roads is an experiment that has
been successfully conducted in many places, such as
Kalamassery in Kerala and in Kolkata and Bangalore. The
first approach, developed by Bangalore-based K K Plastic
Waste Management Limited, entails using plastic waste along
with bitumen - the ingredient conventionally used to make
roads . Not only does the road become a receptacle for plastic
waste, but it also has a better grip. This dry process helps to
use good quantity of plastic waste in road construction. A
model is being worked using Tirunelveli, a town in Tamil
Nadu. The plastics waste collected is around 650 tonnes/
annum. The roads available are approximately 400km and
their annual requirement of plastic waste to lay plastic road
is more than 600 tons. So the total waste generated could be
used for road laying. The life of the road is increased and
hence the maintenance expenditure is reduced.
SALIENT FEATURES OF ROAD
In India more than 4.25 million Km of road is available.
If only some of them are constructed or repaired using this
technique, there will be less waste plastic littered on the road.
The process is eco friendly. Segregating plastic from the
MSW at municipal yard involves application of resources,
the cost of which runs into crores of rupees. A substantial
amount of this can be saved. Lab tests and real time tests
have revealed that the life expectancy of a plastic road,
compared to a normal road is at least 100% more. This
technique adds a cumulative benefit to National Economy
also gives contribution to environmental benefits,
employment generation and agricultural efficiency.
Following are the advantages of using plastic in road
construction:
i) Stronger road with increased Marshall Stability value.
ii) Better resistance towards rain water and water stagnation
so no stripping and no potholes. iii) Increase binding and
better bonding of the mix thus reduction in pores in
PEN DOWN
aggregate and hence less rutting a raveling. iv) No leaching of
plastics. No effect of radiation like UV. v) The load
withstanding property increases. It helps to satisfy today's
need of increased road transport. vi) Value addition to the
waste plastics (cost per kg. increases from Rs. 4 to Rs. 12).
vii) The cost of road construction is also decreased and the
maintenance cost is almost nil. As road pavement life is
doubled when we use this novel technique for road
construction.
CONCLUSION
The issues highlighted above throw light on the urgent
needs for re-examining and formulating new
guidelines/specification with regard to design and
construction of concrete roads in India. The issues raised
become more pertinent in the context of the large scale
construction of cement concrete roads at the anvil. Feedback
from the various construction agencies and from research
and development fraternity can lead to meaningful
contribution in solving many issues at stake in the field of
design and construction of concrete roads in India. The
polymer coated aggregate bitumen mix forms better material
for flexible pavement construction as the mix shows higher
Marshall Stability value and suitable Marshall Coefficient.
Hence the use of waste plastics for flexible pavement is one
of the best methods for easy disposal of waste plastics.
(Views expressed by officers are solely their personal views
and do not necessarily represent the views and opinions of the
organization.)
89
PEN DOWN

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& ofj"B ifj;kstuk dk;Zikyd ¼flfoy½
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lcls Åij ygjkuk Fkk ns'k dk frjaxk viukA esgur dj cu vafre iafDr;ksa esa dg dj x;k frjaxs esa yisV ds ys tkuk
x;k vQlj] lhek ij Nyuh fd;k nq'eu dk lhuk vkSj <sj eq>s vkSj esjh ek¡ ls dguk&ek¡! vkt Hkh ltuk lojuk eq>s gS
fd;k mudk tTck vkSj cyA dqN xksfy;ka mldks Hkh yxh Fkh ilan] cpiu esa ykyh&fcanh ls cl vc ilan gS dslfj;k jaxA
ij 'kiFk yh Fkh /kjrh ek¡ dh j{kk djus dh gj iy------------ekj ns[kk lekt us igyk igyw curs mldks vQlj] nwljk igyw
fxjk, tkus fdrus nq'eu] vge Hkwfedk fuHkkbZ mlus fd;k ns'k nQu gks x;k lekt ls MjdjA
ds fy, [kqn dks viZ.kA vkvks feydj cuk,a ,slk lekt tgka le>k tk, flDds ds
Nqikdj x;k cpiu ds jax D;ksafd lekt ds Mj ls dksbZ nksuksa igyw dks ,d lkFkA
ugha Fkk mlds lax--------uk Fkh mldks fdlh ls mEehn galrs /kU;oknA
galrs gks x;k ns'k ds fy, 'kghnA

90
 FINANCIALaffairs
STATEMENT OF AUDITED FINANCIAL RESULTS
FOR THE YEAR ENDED ON MARCH 31, 2021

Consolidated Segment Revenue Consolidated Segment PBIT

35,821.78
9,464.10 2,735.54

1,873.21

(340.72)

PMC
PMC
Real Estate
Real Estate
EPC
EPC
Unallocated
628,707.84 25,104.96

Figures in lakhs

NBCC (INDIA) LIMITED

Statement of Audited Financial Results for the Year ended on March 31, 2021
` in Lakh
Consolidated Standalone
PARTICULARS Year Ended Year Ended
on on
31.03.2021 31.03.2021
(Audited) (Audited)
Income from Operations
Net Sales/Income from operations 673,993.72 488,323.97
Other Operating Income 9,212.78 6,421.23
Total Operating Revenue 683,206.50 494,745.20
Profit / (Loss) before Tax 28,710.75 24,444.76
Net Profit / (Loss) for the period after tax 23,624.45 20,174.36

Statement of Audited Segment Results for the Year Ended on March 31, 2021
` in Lakh

Consolidated Standalone
PARTICULARS Year Ended on Year Ended on
31.03.2021 31.03.2021
(Audited) (Audited)
1. Segment Revenue
(a) PMC 628,707.84 454,056.88
(b) Real Estate 9,464.10 9,464.10
(c) EPC 35,821.78 24,802.99
Net Sales / Income from Operations 673,993.72 488,323.97
2. Segment Results
Profit before tax and Interest
(a) PMC 25,104.96 19,869.89
(b) Real Estate (340.72) (313.33)
(c) EPC 1,873.21 493.22
(d) Unallocated 2,735.54 5,055.06
Total 29,372.99 25,104.84
Less: Finance Costs 662.24 660.08
Total Profit before Tax 28,710.75 24,444.76

91
MAJOR WORKsecured
FINANCIAL YEAR 2020-21
FIGURES IN CRORE Development of Land Parcels
at Shadipur colony, Vasant

1000
Vihar Depot, Hari Nagar
Colony Delhi Transport
Corporation (DTC)

Additional campus at NIT,

Patna
498

Natural Draught Cooling

Towers (NDCTs) for BHEL

284.64
at Yadadri, Telangana

Development work for

205
District Mineral
Foundation work at
Jajpur, Orissa

Police HQ and AG office

by Ministry of External
204 Affairs, GOI at Mahe,
Seychelles

Development work for District

Mineral Foundation work at
Angul, Orissa 200

Office building complex of the

Election Commission of India,
150 Sector-9 PSP Pocket, Dwarka,
New Delhi

State Guest house by

Visakhapatnam Metropolitan
Region Development
Authority 150

92
 MAJOR WORKsecured
FINANCIAL YEAR 2020-21
FIGURES IN CRORE
Hostels & residences at
Indian Institute of
Technology, BHU, 147
Varanasi

Various works at Chaudhary

124.81 Ranbir Singh University at
Jind, Haryana

Medical College at
Dungarpur Rajasthan
119.10

A 300-bed hostel at IP
Stadium and Karni Singh
Shooting Range Delhi for
Sports Authority of India
Development of Talsary
Udhyapur beach and
100 other infrastructure works
by Tourism Department,
Odisha
60
Dwelling units/office
Complex for Rajya Sabha
Secretariat, Parliament of
India in Sector XII, R.K.
46.23 Puram, New Delhi

SMOG tower in Delhi

for CPCB and DPCC
at two locations CPCP
& DPCC
40
New Eri Spun Silk Mill
at Bargong in Assam
under NERTPS
21.21 Directorate of Sericulture
Assam, Govt of Assam

GRAND TOTAL
`3,389.99 crore
93
HRHighlights HR UPDATES (EXECUTIVE)
FINANCIAL YEAR — 2020-21

DIRECTORS ON THE BOARD OF NBCC (INDIA) LIMITED DURING FY 2020-21

NAME DESIGNATION
PAWAN KUMAR GUPTA CHAIRMAN AND MANAGING DIRECTOR
RAJENDRA CHAUDHARI DIRECTOR (COMMERCIAL)
NEELESH SHAH DIRECTOR (PROJECTS)
BALDEV KAUR SOKHEY DIRECTOR (FINANCE)
KAMRAN RIZVI GOVERNMENT NOMINEE DIRECTOR
SHYAM SUNDER DUBEY GOVERNMENT NOMINEE DIRECTOR
DR. JYOTI KIRAN SHUKLA INDEPENDENT DIRECTOR

NEW JOINING OF KEY OFFICIALS

SHALINI DARBARI CHIEF VIGILANCE OFFICER

NAME & DESIGNATION

NEW JOINING
D DESHAI RAO PE
ARVIND KUMAR KUSHWAHA GM (CIVIL)
PRAHLAD M (FIN.)
ARVIND MEENA GM (CIVIL)
INDER RAJ KHANNA M (FIN.)
PRADYAUMAN SINGH SISODIA MT (F)
V K SHARMA ED (ENGG.)
DEEPAK BIHANI MT (F) AJAY KUMAR GULATI AGM (HRM)
HARSHITA PAREKH MT (F) S P BALUNI M (HRM)
YOGESH KUMAR MEENA MT (CIVIL) HIRA LAL GM (ENGG.)
VIDHAN GAUTAM MT (CIVIL) ROBY THOMAS AM (HRM)
UNNAT KUMAR MT (CIVIL) V K SURI M (FIN.)
DHEERAJ KUMAR MT (CIVIL) JACOB CHERIAN PE
ARUN PRABHAT BHANDARI MT (CIVIL) S K SAHNI E (STORE)
HEMENDRA MT (CIVIL) S C PREMI DM (FIN.)
A K PANDEY GM (ENGG.)
SUPERANNUATION MUKESH ASWANI AGM (ENGG.)
N P AGGARWAL SED (ENGG.) VEENA GAMBHIR (SMT) EO
ADITYA ARORA GM (ENGG.) VIJENDER SINGH M (FIN.)
D K SHARMA GM (ENGG.) PREM PAL DM (FIN.)
DINESH KUMAR AGM (ENGG.) S S CHAWLA AM (FIN.)
SAGIR AHMED DGM (ENGG) A K SHARMA AGM (ENGG.)
S K TYAGI M (FIN.) PIJUSH GHOSH AGM (ENGG.)
GITA NIJHAWAN (SMT.) M (FIN.) VIDYA SAGAR DGM (ENGG)
USHA ARORA (SMT.) DM (HRM) PRADIP DHIR DM (HRM)
S P DUBEY AM (HRM) MAN MOHAN NAUGAIN DM (HRM)
M S SOLANKI OA-I KASHMIRA SINGH GM (ENGG.)
S R SAMANTA SPE SOMAYYA SHARAN CGM (ENGG)
MAYA KESWANI (SMT) AGM (HRM) MANOJ KUMAR CGM (ENGG)
P G SURELA GM (ENGG.) L P SINGH CGM (ENGG)
S K KHARAB ED (ENGG.) SHIVJI TIWARI PE
AMIT KUMAR ROY AGM (ENGG.) PREM CHAND RATHI M (FIN.)

94
 HRHighlights
R K JAIN AGM (FIN) OM PRAKASH E (HRM)
SHYAMAL SARKAR DM (FIN.) PRAVEEN RANI (SMT.) E (HRM)
R K AGGARWAL SED (ENGG.) P K DAS SEO
SUNDRESH MENON CGM (ENGG) M NAJMUL HODA AGM (ENGG.)
P K SAHA DGM (ENGG) SUNIL CHAUHAN PE
OM PARKASH DGM (HRM) AMRENDERA DAS AGM (ENGG.)
RAMESHWARI DEVI (SMT.) DM (HRM) NARAIN SINGH DM (FIN.)
D K MODAK AGM (ENGG.) DR. SUDHA SHARMA DGM (HRM)
KISHAN LAL AGM (ENGG.)
S N PRASAD DGM (ENGG) DEATH
SATISH KUMAR EXE (STORE)
A C GHOSH DGM (ENGG)
RANJIT KUMAR PM (CIVIL)
R P GANGOPADYAY PM (CIVIL) M S BISHT DGM (HRM)
D CHAKRABORTY PM (CIVIL)
O P BAHUGUNA PM VOL. RETIREMENT
PUSHPA MISHRA (SMT.) OA-I
DIGVIJAY SHARMA DGM (FIN.)
R WANCHOO ED (HRM) RESIGNATION
GIRISH KALITA OA-I BRAJ KISHORE MARDI PE (CIVIL)
B S MEENA DGM (MAT.) SUTIKSHNA NAMDEO JE (C)
PRADEEP KUMAR SHARMA DM (MAT.) AKBAR MUSTAFIZ ALAM PM (CIVIL)
ANIL MALLA ED (ENGG.) AKHIL V.S. DPM (C)
NILRATAN SARKAR GM (ENGG.) DIPAK MAZUMDAR GM (ENGG.)
RAJU JAIN DGM (FIN.) VIKASH KUMAR DPM (C)
YASHPAL KUNDARA DM (FIN.) SHIV NARAIN JE (C)
RAVI KANT SHARMA DM (HRM) GARIMA OJHA (MISS) DM (FIN.)
D D S SRIVASTAVA SED (ENGG.) NITIN KUMAR PE (CIVIL)
B BHATTACHARYA GM (CC) S. RESHI (MISS) AM (FIN.)
RAGHU NATH PAL DGM (ENGG) NIPUN KAILASH GAJBHIYE SPE (C)
AJIT KUMAR PATRA JSE PRABHDEEP SINGH DGM (ENGG.)
VIJAY SINGH RAWAT DPM

HR UPDATES (NON-EXECUTIVE)
FINANCIAL YEAR — 2020-21
SUPERANNUATION SATYA NARAYAN CONST. SUPERVISOR
(OPTR. GENL.)-II
BADRI NATH MISHRA SR. MASON (SG)
RAMESH BABU CONST. SUPERVISOR
M PANDIAN SR. ORDERLY (OPTR. GENL.)-III
P BHAGYARAJ ORDERLY SOBAN SINGH BISHT CONST.SUPERVISOR
LAXMI PANDIT HEAD CHOWKIDAR (WIREMAN)-III
RAM MOHAN CONST. SUPERVISOR KALYAN SINGH HEAD CHOWKIDAR
(MASONARY)-III BABLU BURMAN CHIEF SUPERVISOR
M THANGRAJ CONST. SUPERVISOR (CIVIL) GR-III
(MASONARY)-III SHAMBHU DAYAL CONST. SUPERVISOR
C V JOSE CONST. SUPERVISOR PLUMBING)-III
(OPTR. GENL.)-II CHANDRIKA PRASAD CONST. SUPERVISOR
SOMARAJAN PILLAI CONST. SUPERVISOR (MASONARY)-II
(OPTR.-E/M)-III BAGESHWAR SINGH SUPERVISOR(SCD)-III
ASHOK RAO JAGTAP SUPERVISOR(SCD)-III BISHWANATH MALLICK CHIEF SUPERVISOR
PARVESH KUMAR TYAGI CONST. SUPERVISOR (CIVIL) GR-II
(OPTR. GENL.)-III RAM IQBAL CHIEF SUPERVISOR
RAM CHANDER CONST. SUPERVISOR (MASONARY)-III
(MASONARY)-II RAJEEV SAXENA SR.ORDERLY
RAJINDER SINGH SUPERVISOR(SCD)-II TEN SINGH SITE ATTENDANT(SG)
SAT BIR SINGH FOREMAN (ELECT)-III BALBIR SINGH SITE ATTENDANT (SG)
TUFFAL AHMED HEAD CHOWKIDAR (SG) YADRAM SINGH CHIEF SUPERVISOR
RAM NARAYAN SINGH SR. SITE ATTENDANT (SG) (CIVIL) GR-III
UMESH KUMAR JHA SITE ATTENDANT (SG) ANAND SINGH NEGI CHIEF SUPERVISOR
(CARPENTARY) GR-III

95
HRHighlights SAHAB SINGH
BINOD DUTTA
FOREMAN (MECH.)-II
CHIEF SUPERVISOR
(OPTR. GENL.)-II
VOL. RETIREMENT
KRITYA NAND YADAV CONST. SUPERVISOR
(OPTR. GENL.)-III
S K BHATTACHARJEE SUPERVISOR (SCD)-II KARAN SINGH CONST. SUPERVISOR
PREM KUMAR SR. ORDERLY (CARPENTARY) GR-III
SRI RAM HE AD CHOWKIDAR (SG) A P JOHNSON CONST. SUPERVISOR
RAM NIWAS HEAD SWEEPER (SG) (OPTR. GENL.)-III
JAMUN DAS CHIEF SUPERVISOR RAM PRASAD SITE ATTENDANT (SG)
(WIREMAN)III MOHD. ARIF CONST.SUPERVISOR
MANAN HALDAR SR. ORDERLY (BARBENDING)-III
RAM PRAKASH PANDIT CHIEF SUPERVISOR V MURUGESAN SR. SITE ATTENDANT (SG)
(MASONARY)-II MOHD. BHOJAL SITE ATTENDANT (SG)
SAT NARAIN SINGH CHIEF SUPERVISOR E ANBALGAN SITE ATTENDANT
(MASONARY)-III SAT PAL HEAD CHOWKIDAR
MAHABIR SINGH CHIEF SUPERVISOR JUDGE KUMAR SR. ORDERLY
(OPTR. GENL.)-II
BINOD SINGH SITE ATTENDANT (SG)
ROOP NARAIN CHIEF SUPERVISOR
(OPTR. GENL.)-III JASWANT SINGH HEAD CHOWKIDAR
M M CHOUHAN CHIEF SUPERVISOR MOHAN LAL MEENA CONST.SUPERVISOR
(OPTR. GENL.)-III (BARBENDING)-II
T SELVARAJ CHIEF SUPERVISOR SITA RAM HEAD CHOWKIDAR
(FITTER)-III MUNNA SINGH CONST.SUPERVISOR
JAGDISH CHANDRA PANDEY CHIEF SUPERVISOR (CARPENTARY) GR-III
(ELECT.)-III BHULAN RAWAT HEAD CHOWKIDAR (SG)
MEER JUMMAN HEAD CHOWKIDAR SHABEER KHAN CONST.SUPERVISOR
PRANANATH BHARALI SR.SITE ATTENDANT (SG) (MASONARY)-III
PHOOL HASSAN SITE ATTENDANT (SG) KUNJ BIHARI HEAD CHOWKIDAR (SG)
JAMUNA BAI (SMT.) SITE ATTENDANT (SG) P SELVARAJ CONST. SUPERVISOR
(MASONARY)-III
BABU LAL CHIEF SUPERVISOR
(PLUMBING)-II BRAHAM LAL SHAH SITE ATTENDANT
SUBRATA CHAKRABORTY CHIEF SUPERVISOR MOHD. KAMRUL HUDA HEAD CHOWKIDAR
(MECH.)-II MOHD. SULTAN HEAD CHOWKIDAR
SUBHASH CHAND CHIEF SUPERVISOR BABU LAL HEAD CHOWKIDAR (SG)
(WIREMAN)-III MOHD. ASHFAQUE SR.CHOWKIDAR (SG)
SUNDER LAL SR.ORDERLY PRAKASH SITE ATTENDANT(SG)
INDER KUMAR SHREST ORDERLY SATTIE CHIEF SUPERVISOR
PUNARWASI SITE ATTENDANT (SG) (OPTR. GENL.)-III
KARPAN SITE ATTENDANT PROMOD KUMAR SHUKLA FOREMAN(ELECT)-III
RAM DEO PANDIT CHIEF SUPERVISOR BUDH RAM HEAD CHOWKIDAR
(MASONARY)-II B R SAILU CHIEF SUPERVISOR
RAMESHWAR CHAUBEY CHIEF SUPERVISOR (MASONARY)-III
(OPTR. GENL.)-II KARIMAN PARSAD VERMA CHIEF SUPERVISOR
GURCHARAN SINGH CHIEF SUPERVISOR (MASONARY)-II
(OPTR. GENL.)-III PARESH KUMAR SAHA CHIEF SUPERVISOR
SHESH NATH SHAH ORDERLY (OPTR. GENL.)-II
DAYA NAND GARG SR. SITE ATTENDANT (SG) MOHD. FAROQUE SITE ATTENDANT (SG)
RAMBIR SINGH CHIEF SUPERVISOR OM PRAKASH CHIEF SUPERVISOR
(OPTR. GENL.)-II (WIREMAN)-III
DHUPPAN MANJHI SUPERVISOR (SCD)-II RAM KUMAR SHARMA CHIEF SUPERVISOR
MAMAN SINGH CHIEF SUPERVISOR (WIREMAN)-II
(WIREMAN)-III G VIGNESWAR CHIEF SUPERVISOR
K VISHAWANATH SR.WIREMAN (SG) (MASONARY)-III
GANESH THAPA SR.SITE ATTENDANT (SG) B PARTHAPAN CHIEF SUPERVISOR
(WIREMAN)-III
PARSU RAM YADAV SR. SITE ATTENDANT (SG)
SAHIB JAN CHIEF SUPERVISOR
GEETA DEVI (SMT.) SR.SITE ATTENDANT (SG) (BARBENDING)-III
SWAPAN KUMAR BAGH SITE ATTENDANT (SG) VIRENDER KUMAR CHIEF SUPERVISOR
(MASONARY)-III
DEATH BIRENDER RAM HEAD CHOWKIDAR (SG)
BABU RAM SHARMA SR.CHOWKIDAR (SG) HIMANSHU JANNA SR.SITE ATTENDANT (SG)
SATYENDRA JHA SR.CHOWKIDAR (SG) LAKHINDER DAS HEAD CHOWKIDAR (SG)
JAGAT MANDAL HEAD CHOWKIDAR (SG) BADRI SINGH SR.SITE ATTENDANT (SG)
RAMESHWAR PANDEY CONST. SUPERVISOR MOHD. SUHAIL SR.SITE ATTENDANT (SG)
(PLUMBING)-III
NARAYAN PRASAD SHARMA HEAD CHOWKIDAR
GYAN CHAND SR. BARBENDER (SG)

96
 Countries such as India,
China and Nigeria are
in the inner core of
urbanization and they
account for 35 per cent
of the urbanization that
is taking place in the
world. The only way to
deal with that is to
build urban
infrastructure. Thus,
there is a need to build
700-900 million square
meters of urban space
every year until 2030.

HARDEEP SINGH PURI

Minister of Housing and Urban
Affairs and Minister of
Petroleum and Natural Gas

Hon’ble Minister of External Affairs, Dr. S Jaishankar; Hon’ble Minister of

Youth Affairs & Sports, Shri Kiren Rijiju; DG, Sports Authority of India (SAI),
Shri Sandip Pradhan; Joint Secretary (Sports-Development), Shri L S Singh;
Secretary General of Squash Rackets Federation of India, Shri Cyrus Poncha
and the then Director (Projects), NBCC, Shri Neelesh Shah at the laying of the
foundation stone of the squash courts at Dhyan Chand Stadium
 NBCC (India) Limited
(A Government of India Enterprise)
NBCC Bhawan, Lodhi Road, New Delhi - 110 003, India
A Navratna CPSE E-mail: tech.ho@nbccindia.com, Website: www.nbccindia.com