Vishakhapatnam Steel
Plant (VSP) of the Rashtriya Inspat Nigam Limited (RINL) of the
Steel Ministry has been adjudged the best public sector enterprise
for the year 2000-01 and has won the silver trophy of "Scope award
for excellence and outstanding contribution to the public sector
management - Special turnaround category". Scope awards have been
conceptualized and instituted to recognise the contribution of
the public enterprises and to encourage outstanding persons for
their hard work and leadership qualities.
The
parameters on which the companies are evaluated for institutional
category of awards include business results, leadership, policy
and strategy, customer value management, new product development,
operations management, human resource management, human capital
development, corporate social responsibility and corporate image.