NEW DELHI, 16 JUNE: In a move aimed at making the Damodar Valley Corporation (DVC) a major power producer in the country, the Union Cabinet chaired by the Prime Minister Dr Manmohan Singh today approved the amendment to the DVC Act, 1948, to reconstitute the corporation. The Bill to amend the Act is to be brought in the forthcoming monsoon session of Parliament. Under the amendment, there will be four full time members, the chairman, member (technical), member (finance) and member secretary; and six part time members ~ one representative from the Central government; one representative each from the Government of West Bengal and the Government of Jharkhand and three independent experts from the fields of irrigation, water supply and generation or transmission of electricity. The chairman will be the chief executive officer of the corporation. The posts of financial adviser and secretary will be abolished.
The proposed amendment will broad base and professionalise DVC by bringing outside professional independent experts to discharge its responsibilities more effectively and efficiently, allocate resources optimally and augment and generate large resources in order to take up new projects and to become a major power producer in the country besides doing its mandatory functions such as flood control, irrigation, water supply.
The Cabinet also approved the proposal of ministry of defence for transfer on lease basis of 15.19 acres of defence land in perpetuity to Kendriya Vidyalaya Sangathan (KVS) for construction of class rooms and staff quarters and provisioning of various other infrastructure amenities required for proper functioning of KV No. 2, Sohana Road, Gurgaon.
It also approved the proposal of ministry of defence for transfer on lease basis of 8.90 acres of defence land in perpetuity to Kendriya Vidyalaya Sangathan (KVS) for construction of Kendriya Vidyalaya School and other related infrastructure required for proper functioning of the school of KV No. 3, Air Force Station Chakeri, Kanpur.
The proposed amendment will broad base and professionalise DVC by bringing outside professional independent experts to discharge its responsibilities more effectively and efficiently, allocate resources optimally and augment and generate large resources in order to take up new projects and to become a major power producer in the country besides doing its mandatory functions such as flood control, irrigation, water supply.
The Cabinet also approved the proposal of ministry of defence for transfer on lease basis of 15.19 acres of defence land in perpetuity to Kendriya Vidyalaya Sangathan (KVS) for construction of class rooms and staff quarters and provisioning of various other infrastructure amenities required for proper functioning of KV No. 2, Sohana Road, Gurgaon.
It also approved the proposal of ministry of defence for transfer on lease basis of 8.90 acres of defence land in perpetuity to Kendriya Vidyalaya Sangathan (KVS) for construction of Kendriya Vidyalaya School and other related infrastructure required for proper functioning of the school of KV No. 3, Air Force Station Chakeri, Kanpur.
Source SNS