- CFBP -

JAMNALAL BAJAJ UCHIT VYAVAHAR PURASKAR

- 2006 -

The CFBP Jamnalal Bajaj Awards instituted by the Council were given away to the winners by the Chief Guest Shri Keshub Mahindra, Mahindra & Mahindra Ltd. on 1st February, 2007 at the Walchand Hirachand Hall of Indian Merchants’ Chamber.

Shri Dinesh Parekh, President, CFBP Welcomed the Chief Guest and gave brief note of the activities of the CFBP. Ms. Tarjani Vakil, Chairperson Awards Committee elaborated about the Awards scheme, Justice Y. V. Chandrachud (Former Chief Justice of India), Chairman, Panel of Judges briefed about the methodology adopted in selecting the winners. Shri Ramesh Dhir, Vice President gave a hearty of vote of thanks. A gist of speech of the Chief Guest Shri Keshub Mahindra is given below.

Shri Dinesh Parekh, President, CFBP Welcomed the Chief Guest and gave brief note of the activities of the CFBP. Ms. Tarjani Vakil, Chairperson Awards Committee elaborated about the Awards scheme, Justice Y. V. Chandrachud (Former Chief Justice of India), Chairman, Panel of Judges briefed about the methodology adopted in selecting the winners. Shri Ramesh Dhir, Vice President gave a hearty of vote of thanks. A gist of speech of the Chief Guest Shri Keshub Mahindra is given below.

A few years ago, while addressing you my good friend, Viren Shah mentioned that when the concept of CFBP was mooted, there were many in business who were skeptical, regretfully I was one of them. I recollect long discussion with Ramkrishna Bajaj and others, including my brother for I was of the firm opinion that without the power to wield the carrot and stick, not much would be achieved – for human greed would override any ethics and morals, specially in an economy of shortages that then prevailed. Little did I recognize the power of persuasion, the power of faith and perseverance for these eminent personalities were laying down codes of Corporate Governance years before they were mandated by law. They also had the foresight to recognize that laws do not by themselves change societies, one has to change the mindsets before any change can take place, they were wise men. You have succeeded beyond expectation,the Jamnalal Bajaj Awards are keenly sought after – to the proud recipients of these Awards this year. My warm congrulations.

We are to-day proud and euphoric over the success of our economic policies, achieving rates of economic growth beyond our dreams and looking at the future with expectation and hope; this growtgh is bypassing the majority of our population. We are seeing the underbelly of our dramatic economic success. Inequities and inequality continue unabated inspite of many laws and attempts at reservation etc. etc. what is needed is a movement to educate our society that the real answer lies in empowering those sections of the society who need help with education and training, teach them employable skills in order that they may look to the future with hope to better their lives. I am convinced that this cannot be done by legislative and government action alone, society at large has to move and undertake their role in supporting such actions. Unless we better the lives of the majority of our population, violence will continue.

Our country is well known for our traditions and culture, we have a human approach to social development. There is a rapid change in our economy which is transforming itself from one of shortages to that of surpluses with a wide choice of services and products for the consumers. CFBP’s codes of discipline and practices were fashioned and set in an economy of shortages and you ought to be very proud as to how much you have achieved. CFBP’s focus must change for in an economy of surpluses, market forces will determine the brands that the consumers choose and to that extent your task would be lessened. Therefore, it gives me courage to suggest that you should use those very skills and look beyond the realms of merely trade practices. I suggest two areas for you to consider. The first deals with the corporate sector and the second with civic administration.

Corporate Governance is not only now mandated by law but there is also a global recognition that business needs to go beyond its traditional role of creating wealth. As part of its Corporate Social Responsibility, business must support and partner government and society in its attempts to rid, once and for all the inequities that exist. You can play a very critical catalytic role by accepting that economic development and social progress go hand in hand, and that one without the other is unsustainable, you must set in motion activities and practices to change mental attitudes as you have done in the past.

CFBP could begin by laying down standards of “social behaviour” of business which are beyond what is required by law. Communities in which business operate their economic activities except honest leadership from business to engage in community services and to reach out to help the weaker sections of our society. Business can no longer delay positive action and set up vocational schools, train those who need help and empower them with education, so that they may take their rightful place in the hierarchy of our societies.

The second area of immediate concern is the performance of those entrusted with the task of carrying out civic duties. The pathetic state of our own city speaks volumes. With the expertise, CFBP can come out with a model of practices to be followed by those entrusted to do the tasks. The code of conduct should be simple but must carry with it transparency and accountability. You might like to begin with the Bombay Municipal Corporation as a start and move on to other areas like the police and other agencies. He then congratulated the winners.

TROPHY WINNERS

Shri Narendrakumar A. Baldota, Chairman & Managing Director
MSPL LTD., HOSPET
Receiving the Trophy in the category Manufacturing Enterprises Large

Shri Jayesh Patel, Managing Partner
KIWI PUMPS, Rakot
Receiving the Trophy in the category Manufacturing Enterprises SME

Shri Narendra K. Patni, Chairman & CEO
PATNI COMPUTER SYSTEMS LTD., Mumbai
Receiving the Trophy in the category Trade / Service Enterprises Large

Shri Nitin Shah, Chairman & Managing Director
NITIN FIRE PROTECTION INDUSTRIES LTD., Mumbai
Receiving the Trophy in the category Trade / Service Enterprises SME

Shri Ramrichhipal Agarwal, President
BHARAT MERCHANTS’ CHAMBER, Mumbai
Receiving the Trophy in the category Association

Who Can Apply:
"Manufacturer, Traders Service Organisation, Association, Federation & Chamber of Commerce"

The Award Winners in the past include:

	Surat District Co-operative Milk Producers Union Ltd., Surat
	Conzerv Systems Pvt. Ltd., Bangalore
	Asha Handicrafts Association, Mumbai
	Gujarat Alkalis & Chemicals Ltd.,Vadodara
	Shopper's Stop Ltd. - Mumbai
	Thane Belapur Industries Association, Navi Mumbai
	Dr. Arvind Mukund Pai’s Pathological Laboratory, Mumbai
	Dabur India Limited, Delhi.
	Glaxo India Limited, Mumbai.
	Maruti Udyog Limited, Gurgaon.
	Bombay Sugar Merchants Association, Mumbai.
	Excel Industries Limited, Mumbai.
	Diamines & Chemicals Limited, Baroda.
	Godavari Fertilisers & Chemicals Limited, Secunderabad.
	Sharp Pumps Limited, Coimbatore.
	J & J Consultants, Kolkata.
	Aianta Pharma Limited, Mumbai.
	Infosys Technologies Limited, Bangalore.
	Bharat Petroleum Corporation Limited, Mumbai.
	R. C. Bafna Jewellers, Jalgaon.
	Narayana Prasad Electrical Works, Vijaywada.
	Priti Enterprises, Bhopal.
	Extrusion Processes Limited, Mumbai.
	Larsen & Toubro Limited, Awarpur Cement Works, Awarpur.
	Cookies (India) Private Limited, Thrissur.
	John's Umbrella Mart, Alleppey.
	Gymkhana Service Station, New Delhi.
	Supreme India International, Mumbai.
	Rajkot Engineering Association, Rajkot.
	TELCO, Jamshedpur.
	Hindalco Industries Limited, Renukoot.

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