Recognition of Public Sector Excellence
SCOPE Eminence Awards Highlight CPSE Role in Nation Building: On August 29, 2025, President Droupadi Murmu presented the SCOPE Eminence Awards 2022–23 in New Delhi. These awards, instituted by the Standing Conference of Public Enterprises (SCOPE), honor Central Public Sector Enterprises (CPSEs) for excellence in governance, innovation, and sustainability. The President underlined their pivotal role in achieving the vision of a Developed India by 2047.
Static GK fact: SCOPE was established in 1973 as an apex body representing CPSEs in India.
Public Enterprises as Nation Builders
Since Independence, the public sector has been central to industrial growth, infrastructure creation, and social equity. CPSEs have driven regional balance, employment generation, and economic inclusiveness. Beyond their economic role, they embody the spirit of nation-building.
Static GK fact: The Industrial Policy Resolution of 1956 emphasized the commanding role of the public sector in India’s economy.
Key Achievements of CPSEs
The awards ceremony highlighted multiple contributions of CPSEs. They have aligned with Aatmanirbhar Bharat and Make in India, strengthening domestic capacity. In defense, the Akashteer system, used during Operation Sindoor, stood as an example of indigenous technological innovation.
Their presence spans agriculture, mining, exploration, manufacturing, processing, and services, reflecting their diverse role in India’s development. Importantly, these achievements come while maintaining transparency, ethics, and corporate governance norms.
Static GK Tip: India has over 250 operational CPSEs across strategic sectors, employing lakhs of workers.
The Role of SCOPE in Enterprise Growth
The SCOPE Eminence Awards aim to recognize not just profits but also values like sustainability and social responsibility. SCOPE encourages CPSEs to adopt best practices that align enterprise goals with national priorities.
By honoring innovation, governance, and ethical conduct, SCOPE sets benchmarks for performance. President Murmu appreciated this approach, noting that recognition of non-financial contributions strengthens the long-term credibility of public enterprises.
Static GK fact: CPSEs contribute around 6–7% of India’s GDP through their wide-ranging activities.
Path to Developed India 2047
The awards reinforce the expectation that CPSEs will remain at the core of India’s economic transformation. Their adaptability, technological investments, and inclusive growth models position them as key partners in achieving India’s Amrit Kaal vision of a fully developed economy by 2047.
Static Usthadian Current Affairs Table
SCOPE Eminence Awards Highlight CPSE Role in Nation Building:
Topic | Detail |
Event | Presentation of SCOPE Eminence Awards 2022–23 |
Date | August 29, 2025 |
Venue | New Delhi |
Presented by | President Droupadi Murmu |
Instituted by | Standing Conference of Public Enterprises (SCOPE) |
Award focus | Governance, innovation, sustainability, social responsibility |
Highlighted initiative | Akashteer system during Operation Sindoor |
National campaigns linked | Aatmanirbhar Bharat, Make in India |
CPSE role | Nation building, industrialization, infrastructure, inclusiveness |
Vision linked | Developed India by 2047 |