ST Bureau
Dubai
Gujarat Narmada Valley Fertilizers
& Chemicals Ltd (GNFC) won the prestigious Golden Peacock Award in the
category of Innovative Product/Service for pioneering a cashless township
transformation model. Cashless Township Innovation was conceived and
implemented following the clarion call of Hon’ble Prime Minister of India to
transition to a cashless society. The award recognizes the company’s
contribution to innovative frameworks that will be the key for business success
in the new millennium. The award was conferred upon cashless township
innovation, as it enables corporations with integrated townships to succeed by
adapting swiftly in the digital era. This innovation was powered by technology,
in line with the changing demographics of the economy, and the growing need for
transparent and secure financial transactions.
& Chemicals Ltd (GNFC) won the prestigious Golden Peacock Award in the
category of Innovative Product/Service for pioneering a cashless township
transformation model. Cashless Township Innovation was conceived and
implemented following the clarion call of Hon’ble Prime Minister of India to
transition to a cashless society. The award recognizes the company’s
contribution to innovative frameworks that will be the key for business success
in the new millennium. The award was conferred upon cashless township
innovation, as it enables corporations with integrated townships to succeed by
adapting swiftly in the digital era. This innovation was powered by technology,
in line with the changing demographics of the economy, and the growing need for
transparent and secure financial transactions.
GNFC emerged as the first
fertilizer company in India to transition to cashless economy successfully. Company’s
township in Bharuch, Gujarat became the first 100% cashless township of India. Business
and township rapidly transited to cashless in manner of implementation and
management, which is a classic example of capturing value in a new way through
steady transformation. It followed three precise and concise steps that began
with trainings and digital literacy campaigns far and wide, followed by building
and adapting infrastructure, and concluded with cross functional task force
deployed for implementation, outreach and support. Knowledge sharing and cross
silo functioning of GNFC township and (n) Code, GNFC’s IT wing optimized
results.
fertilizer company in India to transition to cashless economy successfully. Company’s
township in Bharuch, Gujarat became the first 100% cashless township of India. Business
and township rapidly transited to cashless in manner of implementation and
management, which is a classic example of capturing value in a new way through
steady transformation. It followed three precise and concise steps that began
with trainings and digital literacy campaigns far and wide, followed by building
and adapting infrastructure, and concluded with cross functional task force
deployed for implementation, outreach and support. Knowledge sharing and cross
silo functioning of GNFC township and (n) Code, GNFC’s IT wing optimized
results.
The Golden Peacock
Awards, has been established by the Institute of Directors (IOD) in India in
1991. They are now widely acknowledged as a benchmark of Corporate Excellence
worldwide. The award seeks to develop a healthy ecosystem of sustainable
business practices, raise the overall standards of developing and implementing
transformative business models, and to recognise the achievements of the best
performing organisations.
Awards, has been established by the Institute of Directors (IOD) in India in
1991. They are now widely acknowledged as a benchmark of Corporate Excellence
worldwide. The award seeks to develop a healthy ecosystem of sustainable
business practices, raise the overall standards of developing and implementing
transformative business models, and to recognise the achievements of the best
performing organisations.
GNFC won from among 313
applicants for Golden Peacock Global Award for Innovative Product/Service.
Applicants included SMEs, Public, Private and Government Enterprises for the
year 2017. After a rigorous 3 level procedure of shortlisting and selection by
independent assessors comprising experts in the field, GNFC’s cashless township
was selected by the Grand Jury as a model to be emulated. The Awards Jury
functioned under the Chairmanship of Justice Dr. Arijit Pasayat, former Judge,
Supreme Court of India.
applicants for Golden Peacock Global Award for Innovative Product/Service.
Applicants included SMEs, Public, Private and Government Enterprises for the
year 2017. After a rigorous 3 level procedure of shortlisting and selection by
independent assessors comprising experts in the field, GNFC’s cashless township
was selected by the Grand Jury as a model to be emulated. The Awards Jury
functioned under the Chairmanship of Justice Dr. Arijit Pasayat, former Judge,
Supreme Court of India.
Dr.
Rajiv Kumar Gupta (IAS), Managing Director, GNFC is awarded the prestigious Golden Peacock
Innovation Award in Product/Services category for initiative of Cashless
Townships today at a glittering ceremony at 27th World Congress at
Dubai Global Convention on 19th April 2017. The Award has been presented
by His Highness Sheikh Nahyan bin Mubarak Al Nahyan, Hon’ble Cabinet Member
& Minister of Culture & Knowledge Development, UAE in august presence of
His Highness Sheikh Ahmed bin Saeed Al Maktoum, President Dubai Civil Aviation
Authority Chairman and Chief Executive Officer, The Emirates Airline and Group
Chairman of Dubai World.
Rajiv Kumar Gupta (IAS), Managing Director, GNFC is awarded the prestigious Golden Peacock
Innovation Award in Product/Services category for initiative of Cashless
Townships today at a glittering ceremony at 27th World Congress at
Dubai Global Convention on 19th April 2017. The Award has been presented
by His Highness Sheikh Nahyan bin Mubarak Al Nahyan, Hon’ble Cabinet Member
& Minister of Culture & Knowledge Development, UAE in august presence of
His Highness Sheikh Ahmed bin Saeed Al Maktoum, President Dubai Civil Aviation
Authority Chairman and Chief Executive Officer, The Emirates Airline and Group
Chairman of Dubai World.
 |
| Dr. Rajiv Kumar Gupta (IAS), Managing Director, GNFC is awarded the prestigious Golden Peacock Innovation Award for initiative of Cashless Townships |
The
event was attended by distinguished leaders from across sectors, as part of the
27th World
Congress on Business Excellence & Innovation. Rt. Hon’ble Baroness Verma of
Leicester, Chairperson, European External Affairs Committee and the former
Minister of Energy & Climate Change and International Development, UK, H.
E. Mohammed Sharaf, Assistant Foreign Minister for Economic & Trade
Affairs, Ministry of Foreign Affairs & International Cooperation, UAE, His
Excellency Navdeep Singh Suri, IFS, Ambassador of India to United Arab
Emirates, were among the plethora of eminent personalities present for the
conference.
event was attended by distinguished leaders from across sectors, as part of the
27th World
Congress on Business Excellence & Innovation. Rt. Hon’ble Baroness Verma of
Leicester, Chairperson, European External Affairs Committee and the former
Minister of Energy & Climate Change and International Development, UK, H.
E. Mohammed Sharaf, Assistant Foreign Minister for Economic & Trade
Affairs, Ministry of Foreign Affairs & International Cooperation, UAE, His
Excellency Navdeep Singh Suri, IFS, Ambassador of India to United Arab
Emirates, were among the plethora of eminent personalities present for the
conference.
Under the
auspice of NITI Aayog, the apex planning body of India chaired by Hon’ble Prime
Minister, GNFC’s cashless township model has been implemented in 81 integrated
townships across 12 states. On 14th April, Hon’ble Prime Minister of
India, Shri Narendra Modi launched these townships in a grand ceremony in
Nagpur, and expressed hope that in the near future many more townships will become
cashless.
auspice of NITI Aayog, the apex planning body of India chaired by Hon’ble Prime
Minister, GNFC’s cashless township model has been implemented in 81 integrated
townships across 12 states. On 14th April, Hon’ble Prime Minister of
India, Shri Narendra Modi launched these townships in a grand ceremony in
Nagpur, and expressed hope that in the near future many more townships will become
cashless.
