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Laxity found in ensuring safety by SAIL at Bhilai plant: CAG report

Laxity found in ensuring safety by SAIL at Bhilai plant: CAG report SECTIONS Last Updated: Feb 10, 2021, 02:51 PM IST Share Synopsis The report was done to assess the compliance to stipulated Act/ Rules/ Regulations and Standard Operating Practices (SOP) and whether social responsibilities related to environmental and pollution control, safety standards and application of the best industrial practices were followed, the CAG report released on Tuesday said. Agencies SAIL for laxity in ensuring safety measures which led to the blast at the company s Bhilai Steel Plant (BSP) in 2018, in which 14 people had lost their lives. On October 9, 2018, an explosion occurred at around 10:30 am in a gas pipeline connected to the coke oven section of the plant in Bhilai town.

Why did the market go euphoric over Budget? - The Hindu BusinessLine

Budget 2021-22 Markets buoyed   -  PTI× The thumbs up was to Finance Minister not levying a Covid cess and the firm push to PSU sell-off Budget 2022 was historic in many ways as mentioned by the Finance Minister at the start of her speech given that it came in the backdrop of the Covid pandemic. At this time, when the economy is limping back to normalcy and the government treasury is stressed, the Budget was expected to play a critical role that, while creating an impetus in economy, did not burden the tax-paying community. But the expectation of a cess was riding high.

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