Current Affairs - Business - Discussion

Tata Steel Limited had been declared as the winner of the Prime Minister's Trophy for the 'Best Performing Integrated Steel Plant' in the country for the performance year 2016-17 making it the fourth consecutive year for Tata Steel being honoured with this coveted award. Along with the trophy a cash award of Rs. 2 crore was also given to the company. Having won the PM's Trophy 11 times and receiving the Certificate for Excellence twice, Tata Steel has been recognized as the best integrated steel plant 13 times, since the inception of this award in 1992-93. The performance of the plants is judged by a Panel of Judges headed by Secretary (Steel) and with members from eminent technologists, management experts, trade union leaders, economists, consumers of iron & steel according to a scheme drawn up by an expert committee.