Financial Daily from THE HINDU group of publications
Friday, Dec 09, 2005


Group Sites

Industry & Economy - Human Resources

World Bank plans to make coal institute a centre of excellence

Badal Sanyal

Ranchi , Dec. 8

SATISFIED with the academic environment and infrastructure of the Indian Institute of Coal Management (IICM) here, the World Bank is considering making the institute a regional centre of excellence for sourcing trained personnel for South-East Asia.

The Bank's move is based on the recommendation of the Union Ministry of Finance.

The World Bank, in a written communication to the Ministry, has emphasised the need to introduce training courses in "public procurement" in the curriculum of the senior administrative training institutions.

It has also suggested introduction of more detailed courses on public procurement, international and national tendering procedures, contract management and contract law, the objective being to produce more skilled managers in order to meet the growing requirement in South-East Asian countries.

Trust fund: While the World Bank is ready to create a "trust fund" to take care of the expenditure incurred on such courses, universities and management institutes have been asked to include the subject of public procurement in their engineering, business and commerce courses.

The bank feels that the step would generate good policy-makers and a professionally competent and knowledgeable workforce and also contribute to the quality and efficiency of public procurement.

The Executive Director of IICM, Professor Sudeep Ghosh, confirmed that talks were in an advanced stage with the World Bank to make the institute a regional centre of excellence.

He told Business Line that the institute had already involved itself in certain projects towards projecting Jharkhand as a global destination for investment. This apart, it has been asked to train 35 Sri Lankan senior police officers during the current month.

Prof Ghosh said that IICM, an autonomous institution promoted under the Societies Act by Coal India Ltd (CIL) in 1994, was primarily dedicated to train CIL executives. Financial support was provided by CIL and its associated companies.

However, the institute is gradually becoming financially independent and is now offering training programmes to corporate bodies outside the coal sector on a chargeable basis.

In 2004 the institute was awarded the "Six Sigma Quality Level" certification for its training process system by the National Productivity Council.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

More Stories on : Human Resources

Stories in this Section
BPO job registry to be released soon

`Fanoos' slows down, but sticks to charted course
China's auto sector set to enter critical phase
Ensuring sustained development in a democracy not an easy task: PM
Bihar to seek `special category' status
CII marketing green industrial park in Jadcherla
Kamal Nath to discuss Asean-India FTA today
Advanced training for eye surgery
Bengal to seek PwC advice for transport sector restructure
LPG shortage largely under control: Aiyar
`Iran-Pak-India pipeline project on track'
Bitter medicine beneath the sugar-coated diplomacy
Centre tries hi-tech initiative to monitor power stations
Power regulator pulls up GAIL, ONGC
SSIs invited to Paris fair
Advanced degree H-1B visas likely to dry up soon
Govt responsible for CAS failure, says House panel
Hyderabad school wins award
IPE students get quiz prize
Dubai Gold hopes to raise sales 25 pc in shopping fest
Spot gold may correct lower
FAPCCI plea to withdraw FBT
BMW looking to source components from India — Signs pact with TN for CKD plant
Speed - a point in TN's favour
Signature campaign
Schemes for poor to be linked in Kerala
World Bank plans to make coal institute a centre of excellence
Seed producers chalk out plan to discourage child labour
ICAI southern regional meet in Kochi from today
Chamber plans event series in Thiruvananthapuram
Meet on `Kerala Studies'
KSINC's first houseboat ready
Adesh Gupta is FDDI Chairman

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line