NMDC wins ASSOCHAM Awards for Mineral Development and Employer Brand: NMDC (National Mineral Development Corporation) of India was honoured with two top honours at the ASSOCHAM Business Excellence honours 2023 in Kolkata. The company received the ‘Mineral Development Award’ and the ‘Employer Brand of the Year Award’ in recognition of its significant contributions to the mining sector and its exemplary human resources practices. Anurag Srivastava, IAS, Secretary of the Industry, Commerce, and Enterprise Department, Government of West Bengal, presented the awards at the Indian Mining and Minerals Conclave 2023.
Daily Current Affairs Quiz: July 2023
NMDC’s Role in Mineral Development
As the largest producer of iron ore in India and the sixth largest in the world, NMDC plays a pivotal role in the country’s mineral development. The company is well-known for its cutting-edge Research and Development (R&D) Centre, which is dedicated to increasing productivity, supporting sustainable mining practises, and developing sophisticated beneficiation technologies. NMDC’s commitment to zero-waste mining and continuous innovation contributes significantly to the growth and advancement of the mining industry.
NMDC’s Recognition as an Employer Brand
Apart from its achievements in the mining sector, NMDC stands out as one of India’s most dependable and respected companies due to its exceptional human resources practices. The company’s innovative human resource initiatives contribute to the overall development of its workers and stakeholders, establishing it as an exceptional employer brand. These practices foster a culture of growth within the organization, ensuring the well-being and professional advancement of its workforce.
Key takeaways for competitive examination
- Chairman & MD of National Mineral Development Corporation: Sumit Deb
- National Mineral Development Corporation is a Navratna Public Sector Enterprise headquartered in: Hyderabad
- National Mineral Development Corporation comes under: Ministry of Steel
