CPSM1 information - Foundation of Supply Management Updated: 2023
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CPSM1 Foundation of Supply Management
This course focuses on management and improvement of supply chain processes and performance. It will be valuable for students who would like to pursue a career in consulting or take a position in operations, marketing or finance functions in a manufacturing or distribution firm. We explore important supply chain metrics, primary tradeoffs in making supply chain decisions, and basic tools for effective and efficient supply chain management, production planning and inventory control, order fulfillment and supply chain coordination. We will also investigate subjects such as global supply chain design, logistics, and outsourcing, several other accurate supply chain innovations.
The class format includes lectures, case discussions, guest speakers, and simulation games. The content covers both quantitative and qualitative materials. The cases will feature high-tech companies as well as firms in more traditional industries such as apparel and manufacturing.
Institute for Supply Management® (ISM®) is the first and leading not-for-profit professional supply management
organization worldwide. Its 47,000 members in more than 90 countries around the world manage about US$1
trillion in corporate and government supply chain procurement annually. Founded in 1915 by practitioners, ISM
is committed to advancing the practice of supply management to drive value and competitive advantage for its
members, contributing to a prosperous and sustainable world. ISM empowers and leads the profession through the
ISM® Report On Business®, its highly-regarded certification and training programs, corporate services, events and
the ISM® Mastery Model®. The ISM® Report On Business®, Manufacturing and Non-Manufacturing, are two of the
most reliable economic indicators available, providing guidance to supply management professionals, economists,
analysts, and government and business leaders.
CPSM Certification Overview
The CPSM is globally recognized as the gold standard of excellence for supply management professionals, in
both the manufacturing and non-manufacturing sectors. The designation is transportable across industries, job
roles and regions, providing designation holders with flexibility and mobility.
The CPSM is for forward-thinking supply management professionals who desire to demonstrate a broad
understanding of the components of the profession. The program emphasizes the major competencies of supply
management. Those earning the CPSM will attain a greater understanding of end-to-end supply management
and be better positioned to positively impact their organization.
CPSM Eligibility Requirements
Earning a CPSM designation requires you to take and pass three exams, which can be taken in any order:
• Supply Management Core
• Supply Management Integration
• Leadership and Transformation in Supply Management
Candidates must have three years of full-time, professional supply management experience (nonclerical and
nonsupport) with a bachelors degree from a regionally accredited institution or international equivalent or five
years of full-time, professional supply management experience (nonclerical and nonsupport) without a qualified
bachelors degree.
All applicable experience must be in a professional position where the primary function is supply management.
Professional experience is usually defined as positions with decision-making authority and where independent
judgement is exercised. ISM does not require a candidate to work in all areas of supply management or be in a
management position. Proof of work experience is not required from those with a current C.P.M. certification.
ISM will evaluate work experience for candidates unsure if their current or previous positions are considered
applicable. The evaluation is optional, and there is a nominal charge.
The work-experience evaluation process allows a candidate to submit work experience documentation prior
to taking exams. ISM will return an evaluation to the candidate indicating if the experience is acceptable.
Candidates with acceptable experience should submit the evaluation with their original certification application
after they have passed the exams.
- Assess stakeholder needs and organize into sourcing plans 5
- Analyze and advise on feasibility of internal customer requests 3
- Analyze potential sources of products or services 7
- Determine methods to process requirements for goods or services based on cost, 5 timing, existing contracts and competitive bidding, as appropriate
- Conduct analyses to develop insourcing or outsourcing strategy 5
- Identify and implement technologies to support supply management 4
- Leverage spend through the identification, development and execution of 5 sourcing strategies
- Implement strategic sourcing plans aligned with organizational and stakeholder objectives 5
- Prepare solicitations for competitive bids, quotations and proposals with 6 pertinent specifications, terms and conditions
- Evaluate competitive offerings to identify the overall best offer for a product or service 5
CATEGORY MANAGEMENT
- Create a category management plan to meet the organizations key objectives 5
- Execute a category management plan 5
NEGOTIATION
- Prepare negotiation plan that aligns with organizational objectives 5
- Prepare and develop strategies and tactics for negotiations 4
- Lead, conduct and support negotiations with suppliers 5
LEGAL AND CONTRACTUAL
- Manage the preparation of contracts/purchase orders 5
- Award contracts to suppliers 3
- Administer contracts and/or purchase orders from award to completion or termination 5
- Perform or obtain legal review of contracts and other supply management documents 4
- Generate and follow supply management processes to ensure legal compliance 4
TASK TASK DESCRIPTION NUMBER OF QUESTIONS
SUPPLIER RELATIONSHIP MANAGEMENT
- Develop supplier qualification plans to assure components, materials 4 and suppliers meet specified requirements
- Develop and manage effective relationships with suppliers 7
- Conduct supplier performance evaluations 5
- Conduct regular business reviews with suppliers 4
- Identify opportunities and benefits for rationalizing the supply base 4
- Identify opportunities to drive supplier innovation 3
- Develop and implement supplier exit strategies 3
- Review supplier performance against negotiated service level agreements (SLAs) 4
- Resolve invoice and payment problems 2
- Act as a liaison between suppliers and functional areas to ensure accurate 4 information, documentation and product flow
- Work with suppliers to identify constraints and implement value-added processes 3
COST AND PRICE MANAGEMENT
- Develop cost management program strategies for purchases 5
- Perform cost/benefit analyses 4
- Conduct spend analysis to determine strategies for specific categories 5
- Track and validate cost savings and cost avoidance 4
FINANCIAL ANALYSIS
- Prepare and/or administer a supply management department budget 3
- Develop financing strategies for purchases 3
- Verify that sufficient reporting exists 3
TOTAL 180 (including 15 unscored*)
* Included are 15 statistical data research questions which are unscored (not included in your final exam score)
Supply Management Integration Exam
TASK TASK DESCRIPTION NUMBER OF QUESTIONS
SUPPLY CHAIN STRATEGY
- Develop and/or implement a material or service standardization program 5
- Implement requirements planning to align supply management activities 7 with organizational strategy
- Implement operations planning, scheduling and inventory control processes 6 to ensure optimum use of resources
- Structure the supply chain in support of the organizations business strategy 7
SALES AND OPERATIONS PLANNING – DEMAND PLANNING
- Incorporate the use of sales, inventory and capacity forecasts in the planning 6 of materials production to better meet strategic objectives and goals
- Conduct demand planning 4
SALES AND OPERATIONS PLANNING – FORECASTING
- Analyze and report on market conditions, benchmarks and industry 5 trends to internal stakeholders
- Develop supply forecasts in light of economic and technological trends 5
- Plan and communicate sourcing and supply strategies based on forecasted data 6
- Manage forecasted data with suppliers 5
- Calculate and report forecast accuracy 4
SALES AND OPERATIONS – PRODUCT AND SERVICE
- Participate in new product or service development in support of marketing efforts 5
- Participate in product-service ramp-up and/or ramp-down strategies and implementation 5
- Create systems and process improvements to help the organization meet sales goals 5
QUALITY MANAGEMENT
- Develop and/or administer a supplier quality certification program 4
- Develop measurements for quality improvement 4
- Implement continuous improvement processes within the supply chain 6
TASK TASK DESCRIPTION NUMBER OF QUESTIONS
LOGISTICS AND MATERIAL MANAGEMENT
- Design transportation and distribution policies and procedures to 4 ensure optimum flow of materials
- Manage transportation, invoicing and documentation functions to 4 ensure regulatory compliance
- Manage the resolution of delivery/receiving problems 4
- Analyze supplier transportation costs 5
- Develop and/or implement a warehouse management system 5
- Conduct network design and optimization to support the business model, 5 increase productivity and lower operating costs
- Oversee the day-to-day operations of a warehousing function 4
- Develop and/or implement an inventory management system 5
- Coordinate and/or monitor the movement of equipment and assets within the organization 3
- Expedite/de-expedite orders 3
- Develop and/or execute plans and metrics to reduce risk of shortages 4
- Identify cost-effective packaging that meets requirements 3
- Conduct investment recovery activities for surplus/obsolete materials 4
PROJECT MANAGEMENT
- Perform project management activities 8
TOTAL 165 (including 15 unscored*)
ISM Foundation information
Other ISM exams
630-005 C.P.M. Module 1: Purchasing Process630-006 C.P.M. Module 2: Supply Environment
630-007 C.P.M. Module 3: Value Enhancement Strategies
630-008 C.P.M. Module 4: Management
CPSM Certified Professional in Supply Management (CPSM)(Foundation)
CPSM1 Foundation of Supply Management
CPSM1
Foundation of Supply Management
https://killexams.com/pass4sure/exam-detail/CPSM1
Question: 120
Which of the following is NOT the group of International Commercial Terms?
A. Group E
B. Group F
C. Group C
D. Group K
Answer: D
Question: 121
Terms where the seller is responsible for delivering the goods to a carrier named by the buyer
is the:
A. Group E
B. Group F
C. Group C
D. Group K
Answer: B
Question: 122
The supply management professional may use which mean to resolve the logical conflicts?
A. Litigation
B. Negotiation
C. Acceptance
D. All of the above
Answer: D
Question: 123
When both parties end a negotiation feeling content with what they have bargained, this is
referred to as:
38
A. Procurement scheme
B. win-win proposition
C. Superior intention
D. Disputed proposal
Answer: B
Question: 124
Organizations that perform freight auditing are called:
A. Traffic consultants
B. Auditing consultants
C. Transportation consultants
D. Service consultants
Answer: A
Question: 125
Which of the following is the area of concern to logistics?
A. Inventory
B. Transportation
C. Customer service
D. All of the above
Answer: D
Question: 126
A measure of velocity of total inventory movement through the organization, found by
dividing annual sales by the average aggregate inventory value maintained during the year is
called:
A. Inventory proceeds
B. Inventory turnover
39
C. Inventory yield
D. Inventory return
Answer: B
Question: 127
The costs of logistics services should be determined; these costs plus an added value or markup
becomes the:
A. Transfer price
B. Productivity cost
C. Operational price
D. Professional supply cost
Answer: A
Question: 128
A scoreboard is simply a form of performance measurement and management that records the
ratings from a performance evaluation process.
A. True
B. False
Answer: A
40
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The diffusion index includes the percent of positive responses plus one-half of those responding the same (considered positive). The resulting single index number is then seasonally adjusted to allow for the effects of repetitive intra-year variations resulting primarily from normal differences in weather conditions, various institutional arrangements, and differences attributable to non-moveable holidays. All seasonal adjustment factors are supplied by the U.S. Department of Commerce and are subject annually to relatively minor changes when conditions warrant them.
The PMI is a composite index based on the seasonally adjusted diffusion indices for five of the indicators with varying weights: New Orders --30% Production --25% Employment --20% supplier Deliveries --15% and Inventories -- 10%.
The Prices Paid subcategory is a diffusion index calculated by adding the percent of responses indicating they paid more for inputs plus one-half of those responding that they paid the same for inputs. The resulting single index number is then seasonally adjusted.
The Prices Paid diffusion index is one of a number of indicators pointing to the degree of inflationary pressures in the economy.
A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
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In a vibrant display of India's rich heritage and economic potential, the Khadi and Village Industries Commission, under the Ministry of MSME, joined hands with the Atal Community Innovation Centre (ACIC) IIT (ISM) Foundation to host the Khadi Mahotsav at the i2h building of IIT (ISM). This event, graced by the honourable member/chairman, East Zone of Khadi and Village Industries Commission (KVIC), Ministry of MSME, Govt of India, as Chief Guest, witnessed an impressive exhibition of handlooms, handicrafts, One District One Product (ODOP) items, and an array of products from cottage industries.
Inaugural Session IIT(ISM), Dhanbad
Manoj Singh, member/chairman, East Zone of Khadi and Village Industries Commission (KVIC) surveying the displays IIT(ISM), Dhanbad
Addressing the gathering, the Chief Guest emphasised the extraordinary growth in the Khadi Gramodyog sector, revealing that the annual turnover has skyrocketed from ₹20-22 thousand crore in 2014 to a staggering Rs 1.34 lakh crore in the past nine years. He added, “This 1.34 crore has not gone to any four five family, but it benefited thousands of families in form of amount of ₹10 thousand, ₹20 thousand, 30 thousand etc”.
He further emphasised the untapped potential of this sector, asserting that with a little technological support and heightened consumer awareness, this turnover could easily reach a remarkable ₹5 lakh crore per annum turnover. Painting a vivid future, he envisioned India as one of the top three global economies of the future, particularly as the nation approaches its centenary of independence.
Professor J K Pattanayak, Director of IIT (ISM), praised the government's visionary approach to infuse Khadi with modern sensibilities. He emphasised the need for Khadi to resonate with the fashion-conscious youth, ensuring it remains a symbol of contemporary style.
A glimpse from the event IIT(ISM), Dhanbad
Prof Dheeraj Kumar, who also present during the occasion, said, “The basic idea behind organizing the Khadi Mahtosav is to promote the idea of Vocal for Local and AtmaNirbhar Bharat Abhiyan as envisioned by Honourable Prime Minister, Shri Narendra Modi.”
Echoing the sentiment, Professor Saumya Singh, President of ACIC IIT (ISM) Foundation, highlighted the event's core objective: to create a platform where indigenous products can compete on a global scale.
The vote of thanks was delivered by Akansha Sinha, CEO of ACIC IIT (ISM) Foundation, alongside Camelia Chaudhary, Manager ACIC (ISM), marking the close of a successful Khadi Mahotsav that resonated with a fervent commitment to the 'Vocal for Local' movement.
Prime Minister Narendra Modi will be visiting Jharkhand on November 14 and 15, 2023, and will be the first PM to visit Ulihatu Village, the birthplace of Bhagwan Birsa Munda, according to Prime Minister's Office press release. On November 15, at around 9:30 AM, PM Modi will visit Bhagwan Birsa Munda Memorial Park cum Freedom Fighter Museum in Ranchi, thereafter, he will reach Ulihatu Village, the birthplace of Bhagwan Birsa Munda, where he will pay floral tribute at the statue of Bhagwan Birsa Munda.
PM Modi will also participate in a programme marking the celebration of the third Janjatiya Gaurav Diwas, 2023 at around 11:30 AM in Khunti, according to the release. During the programme, he will launch the 'Viksit Bharat Sankalp Yatra' and Pradhan Mantri Particularly Vulnerable Tribal Groups (PVTG) Mission.
As per the official release, the Prime Minister will also release the 15th instalment of PM-KISAN and inaugurate, dedicate to the nation and lay the foundation stone of multiple development projects in Jharkhand. It has been the constant endeavour of PM Modi to attain saturation of flagship schemes of the government by ensuring that the benefits of these schemes reach all targeted beneficiaries in a time-bound manner, according to the press release.
In a major step towards the attainment of this aim of saturation of schemes, the Prime Minister will launch the 'Viksit Bharat Sankalp Yatra' on the occasion of Janjatiya Gaurav Diwas. The press note further highlighted that the focus of the 'Yatra' will be on reaching out to people, creating awareness and providing benefits of welfare schemes like sanitation facilities, essential financial services, electricity connections, access to LPG cylinders, housing for the poor, food security, proper nutrition, reliable healthcare, clean drinking water, etc.
Enrolment of potential beneficiaries will be done through details ascertained during the Yatra. According to the official release, the Prime Minister will also flag off IEC (Information, Education and Communication) vans in Khunti, Jharkhand, marking the launch of 'Viksit Bharat Sankalp Yatra'.
The Yatra will start from districts with significant tribal populations initially and by January 25, 2024, will cover all districts across the country. The press note by the PMO further mentioned that during the programme, the Prime Minister will also launch the first of its kind initiative - 'Pradhan Mantri Particularly Vulnerable Tribal Groups (PM PVTG) Mission'.
There are 75 PVTGs in 18 States and UTs living in 22,544 villages (220 districts) having a population of around 28 lakhs. These tribes stay in scattered, remote and inaccessible habitations, often in forest areas and hence a mission with a budget of about Rs 24,000 crore, is planned to saturate PVTG families and habitations with basic facilities such as road and telecom connectivity, electricity, safe housing, clean drinking water and sanitation, improved access to education, health and nutrition and sustainable livelihood opportunities.
In addition, separately, saturation will be ensured for PMJAY, Sickle Cell Disease Elimination, TB Elimination, 100 per cent immunisation, PM Surakshit Matritva Yojana, PM Matru Vandana Yojana, PM Poshan, PM Jan Dhan Yojana etc. "In a step that will showcase yet another example of the commitment of the Prime Minister towards the welfare of farmers, the 15th instalment amount of about Rs 18,000 crores under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), will be released through direct benefits transfer to more than 8 crore beneficiaries," said the release.
Under the scheme, till now, more than Rs 2.62 lakh crores have been transferred to farmers' accounts in 14 instalments, added the official statement. The Prime Minister will inaugurate, dedicate to the nation and lay the foundation stone of projects worth around Rs 7200 crores in multiple sectors like rail, road, education, coal, petroleum and natural gas.
The projects whose foundation stone will be laid by PM Modi include four laning of the 52 km stretch of the Mahagama - Hansdiha section of NH133; four laning of the 45 Km stretch of Basukinath - Deoghar section of NH114 A; KDH-Purnadih Coal Handling Plant; new academic and administrative building of IIIT Ranchi, said the press release. The projects that will be inaugurated and dedicated to the nation include a new campus of IIM Ranchi; the new Hostel of IIT ISM Dhanbad; the Petroleum Oil and Lubricants (POL) depot in Bokaro; several railway projects viz doubling of Hatia-Pakra Section, Talgaria - Bokaro Section, and Jarangdih-Patratu section, added the press release.
Further, the achievement of 100 per cent of Railway Electrification in Jharkhand State will also be dedicated to the nation by PM Modi, said the official statement. (ANI)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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On the occasion on Janjatiya Gaurav Diwas, PM to launch Viksit Bharat Sankalp Yatra to ensure saturation of flagship govt schemes
PM to also launch Pradhan Mantri Particularly Vulnerable Tribal Groups Mission with a budget of around Rs 24,000 crore
PM to release 15th instalment amount of about Rs. 18,000 crores under PM-KISAN
PM to inaugurate, dedicate to nation and lay the foundation stone of projects worth around Rs. 7200 crore in Jharkhand
Prime Minister Shri Narendra Modi will visit Jharkhand on 14th-15th November, 2023. On 15th November, at around 9:30 AM, Prime Minister will visit Bhagwan Birsa Munda Memorial Park cum Freedom Fighter Museum in Ranchi. Thereafter, he will reach Ulihatu Village, the birthplace of Bhagwan Birsa Munda, where he will pay floral tribute at the statue of Bhagwan Birsa Munda. PM Narendra Modi would be the first PM to visit Ulihatu Village, the birthplace of Bhagwan Birsa Munda. Prime Minister will participate in a programme marking the celebration of third Janjatiya Gaurav Diwas, 2023 at around 11:30 AM in Khunti. During the programme, Prime Minister will launch ‘Viksit Bharat Sankalp Yatra’ and Pradhan Mantri Particularly Vulnerable Tribal Groups Mission. He will also release the 15th instalment of PM-KISAN and inaugurate, dedicate to nation and lay the foundation stone of multiple development projects in Jharkhand.
Viksit Bharat Sankalp Yatra
It has been the constant endeavour of the Prime Minister to attain saturation of flagship schemes of the government through ensuring that the benefits of these schemes reach all targeted beneficiaries in a time bound manner. In a major step towards attainment of this aim of saturation of schemes, Prime Minister will launch ‘Viksit Bharat Sankalp Yatra’ on the occasion of Janjatiya Gaurav Diwas.
The focus of the Yatra will be on reaching out to people and create awareness and providing benefits of welfare schemes like sanitation facilities, essential financial services, electricity connections, access to LPG cylinders, housing for the poor, food security, proper nutrition, reliable healthcare, clean drinking water, etc. Enrolment of potential beneficiaries will be done through details ascertained during the Yatra.
Prime Minister will flag off IEC (Information, Education and Communication) vans in Khunti, Jharkhand, marking the launch of ‘Viksit Bharat Sankalp Yatra’. The Yatra will start from districts with significant tribal population initially and by 25th January 2024, will cover all districts across the country.
PM PVTG Mission
During the programme, Prime Minister will also launch the first of its kind initiative – ‘Pradhan Mantri Particularly Vulnerable Tribal Groups (PM PVTG) Mission’. There are 75 PVTGs in 18 States & UTs living in 22,544 villages (220 districts) having a population of around 28 lakhs.
These tribes stay in scattered, remote & inaccessible habitations, often in forest areas and hence a mission with budget of about Rs 24,000 crore, is planned to saturate PVTG families and habitations with basic facilities such as road and telecom connectivity, electricity, safe housing, clean drinking water and sanitation, improved access to education, health and nutrition and sustainable livelihood opportunities.
In addition, separately, saturation will be ensured for PMJAY, Sickle Cell Disease Elimination, TB Elimination, 100% immunisation, PM Surakshit Matritva Yojana, PM Matru Vandana Yojana, PM Poshan, PM Jan Dhan Yojana etc.
15th instalment of PM-KISAN and other development initiatives
In a step that will showcase yet another example of commitment of the Prime Minister towards welfare of farmers, the 15th instalment amount of about Rs. 18,000 crores under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), will be released through direct benefits transfer to more than 8 crore beneficiaries. Under the scheme, till now, more than Rs. 2.62 lakh crores have been transferred to famers’ accounts in 14 instalments.
Prime Minister will inaugurate, dedicate to nation and lay the foundation stone of projects worth around Rs. 7200 crores in multiple sectors like rail, road, Education, Coal, Petroleum and Natural Gas.
The projects whose foundation stone will be laid by the Prime Minister include four laning of 52 km stretch of Mahagama – Hansdiha section of NH133; four laning of 45 Km stretch of Basukinath – Deoghar section of NH114 A; KDH-Purnadih Coal Handling Plant; new academic and administrative building of IIIT Ranchi.
The projects that will be inaugurated and dedicated to nation include new campus of IIM Ranchi; new Hostel of IIT ISM Dhanbad; Petroleum Oil and Lubricants (POL) depot in Bokaro; several railway projects viz doubling of Hatia-Pakra Section, Talgaria – Bokaro Section, and Jarangdih-Patratu section. Further, the achievement of 100% of Railway Electrification in Jharkhand State will also be dedicated to the nation by the Prime Minister.
Prime Minister Narendra Modi, who is on a two-day visit to Jharkhand, will visit tribal icon Birsa Munda's birthplace in Khunti district on Wednesday and unveil a government scheme worth Rs 24,000 crore for the development of vulnerable tribal groups.
The PM will first visit the Bhagwan Birsa Munda Memorial Park-cum-Freedom Fighter Museum in state capital Ranchi, and then fly to Khunti district where he will pay homage to the icon at his birthplace Ulihatu village and participate in a programme, marking the third 'Janjatiya Gaurav Divas'.
Modi will launch the Rs 24,000-crore project aimed at the development of the Particularly Vulnerable Tribal Groups (PVTGs) from there. He will also launch the 'Viksit Bharat Sankalp Yatra', release the 15th installment of Rs 18,000 crore under the PM-KISAN scheme, and inaugurate and lay the foundation of projects worth Rs 7,200 crore in the state.
''I have reached Ranchi after memorable rallies and road shows in Madhya Pradesh. Tomorrow, 15th November, is a very special day. I will have the privilege of joining the people of Jharkhand in the Janjatiya Gaurav Diwas celebrated on the birth anniversary of Lord Birsa Munda Ji. I feel very proud to have got the opportunity to visit his birthplace Ulihatu,'' the PM posted on X after reaching Ranchi on Tuesday.
''During this visit, while I will flag off the Vikasit Bharat Sankalp Yatra in Khunti, I will also inaugurate a historic scheme of Rs 24,000 crore for the welfare of the tribal community,'' he added.
Greeting the people of the state on the foundation day, he said that Jharkhand has been famous for its mineral resources as well as the courage, bravery and self-respect of the tribal society.
''My family members here have made an important contribution to the progress of the country. I convey my best wishes to him on the foundation day of the state and also wish for the bright future of the state,'' he posted on X.
He also paid tributes to Birsa Munda on his birth anniversary.
''Many best wishes to my family members across the country on this special occasion of Janjatiya Gaurav Diwas,'' he posted on X.
The 'Viksit Bharat Sankalp Yatra' will reach out to people, who are beneficiaries of the Centre's flagship programmes, across the country and it will culminate on January 25, an official said.
''We are going to visit 2.7 lakh panchayats of the country, and about 15,000 urban locations where ground-level activities will take place by automated IEC (Information, Education and Communication) vans that have been designed to talk to people, inform them about the central programmes and what has been accomplished so far,'' he said.
As part of the Rs 24,000-crore PM PVTG Mission, basic facilities such as road and telecom connectivity, electricity, safe housing, clean drinking water and sanitation, improved access to education, health and nutrition and sustainable livelihood opportunities will be provided to areas where these tribal groups live as these are mostly remote, scattered and inaccessible, the official said.
Around 28 lakh PVTGs belonging to 75 tribes live in 22,544 villages in 220 districts across 18 states and UTs, he said.
The PM will also release the 15th installment of PM-KISAN for more than 8 crore beneficiaries. Under the scheme, more than Rs 2.62 lakh crore has been transferred to farmers so far.
Modi will unveil projects worth around Rs 7,200 crore for the state, and these include rail, road, education, coal, petroleum and natural gas, a statement said.
The projects that will be inaugurated include the new campus of IIM-Ranchi, a new hostel of IIT-ISM Dhanbad, Petroleum Oil and Lubricants (POL) depot in Bokaro, doubling of railway tracks in the Hatia-Pakra, Talgaria-Bokaro and Jarangdih-Patratu sections.
The projects for which foundations will be laid include the four-laning of the 52-km stretch of Mahagama-Hansdiha section of NH-133, four-laning of the 45-km stretch of Basukinath-Deoghar section of NH-114 A, KDH-Purnadih Coal Handling Plant and a new academic and administrative building of IIIT-Ranchi.
After the function, he will fly back to Ranchi, from where he will leave for Delhi in the afternoon. The PM held a 10-km roadshow in Ranchi, around 10 pm on Tuesday after reaching here.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
Ranchi: Prime Minister Narendra Modi will begin his two-day visit to Jharkhand on Tuesday, during which he will undertake a roadshow and launch several projects.
The PM will arrive at Birsa Munda Airport in the evening, where Governor C P Radhakrishnan and Chief Minister Hemant Soren will welcome him. From there, Modi will undertake a 10-km-long roadshow till Raj Bhavan, officials said.
On Wednesday, he will launch a Rs 24,000 crore project aimed at the development of the Particularly Vulnerable Tribal Groups (PVTGs) on the occasion of 'Janjatiya Gaurav Divas', they said.
Modi will also launch the 'Viksit Bharat Sankalp Yatra', release the 15th instalment of Rs 18,000 crore under the PM-KISAN scheme, and inaugurate and lay the foundation of projects worth Rs 7,200 crore in the state.
During the roadshow, BJP workers and leaders will greet him at 10 locations along the route, including Birsa Chowk, Harmu Chowk and Ratu Road roundabout, party office-bearers said.
Security has been beefed up in view of the PM's visit.
On Wednesday morning, the PM will visit Bhagwan Birsa Munda Memorial Park-cum-Freedom Fighter Museum in Ranchi, and then take a chopper to Birsa Munda's birthplace Ulihatu village in Khunti district, where Modi will pay floral tributes to the freedom fighter.
Modi will be the first PM to visit Ulihatu, an official statement said.
The PM will participate in a programme marking the third 'Janjatiya Gaurav Divas' in Khunti. During the function, he will launch 'Viksit Bharat Sankalp Yatra' and 'Pradhan Mantri Particularly Vulnerable Tribal Groups Mission'.
The focus of the yatra will be on reaching out to people and creating awareness and providing benefits of welfare schemes such as sanitation facilities, essential financial services, electricity connections, access to LPG cylinders, housing for the poor, food security, proper nutrition, reliable healthcare and clean drinking water, it said.
Enrolment of potential beneficiaries will be done through details ascertained during the yatra, the statement said.
The prime minister will flag off IEC (Information, Education and Communication) vans in Khunti, marking the launch of 'Viksit Bharat Sankalp Yatra'.
The yatra will start from districts with significant tribal population and by January 25 next year, it will cover all districts of the country.
During the function, Modi will also launch the Rs 24,000 crore 'Pradhan Mantri Particularly Vulnerable Tribal Groups (PM PVTG) Mission', under which basic facilities such as road and telecom connectivity, electricity, safe housing, clean drinking water and sanitation, improved access to education, health and nutrition and sustainable livelihood opportunities will be provided to PVTG habitations, which are mostly remote, scattered and inaccessible, it said.
There are around 28 lakh PVTGs belonging to 75 tribes living in 22,544 villages in 220 districts in 18 states and Union territories.
He will also release the 15th instalment of Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) through direct benefit transfer to more than eight crore beneficiaries. Under the scheme, till now, more than Rs 2.62 lakh crore has been transferred to farmers' accounts in 14 instalments.
The prime minister will inaugurate and lay the foundation stone of projects worth around Rs 7,200 crore in sectors such as rail, road, education, coal, petroleum and natural gas, the statement said.
The projects that will be inaugurated include the new campus of IIM Ranchi, new hostel of IIT-ISM Dhanbad, Petroleum Oil and Lubricants (POL) depot in Bokaro, doubling of railway tracks in the Hatia-Pakra, Talgaria-Bokaro and Jarangdih-Patratu sections.
The projects of which foundation will be laid include the four-laning of 52-km stretch of Mahagama-Hansdiha section of NH-133, four-laning of 45-km stretch of Basukinath-Deoghar section of NH-114 A, KDH-Purnadih Coal Handling Plant and a new academic and administrative building of IIIT Ranchi.
After the function, he will fly back to Ranchi, from where he will leave for Delhi on Wednesday afternoon.
In view of the PM's roadshow, traffic restrictions have been imposed along the stretch from the airport to Raj Bhavan from 8 pm to 10.30 pm.
Meanwhile, the Ranchi district administration has imposed Section 144 of CrPC from 6 pm on November 14 to 11 am in Ranchi Municipal Corporation area on November 15, prohibiting any rally or demonstration without prior permission in view of the proposed stir of State Level Panchayat Swayam Sevak Sangh (SLPSSS), which planned to gherao the CM's residence on Wednesday.
The SLPSSS had earlier staged protests to press for their demands, including fixation of remuneration and regularisation of the services of panchayat volunteers.
Summary
The Khadi and Village Industries Commission, under the Ministry of MSME, collaborated with the Atal Community Innovation Centre (ACIC) IIT (ISM) Foundation to host the Khadi Mahotsav.
The event resonated with a fervent commitment to the 'Vocal for Local' movement.
In a vibrant display of India's rich heritage and economic potential, the Khadi and Village Industries Commission, under the Ministry of MSME, joined hands with the Atal Community Innovation Centre (ACIC) IIT (ISM) Foundation to host the Khadi Mahotsav at the i2h building of IIT (ISM). This event, graced by the honourable member/chairman, East Zone of Khadi and Village Industries Commission (KVIC), Ministry of MSME, Govt of India, as Chief Guest, witnessed an impressive exhibition of handlooms, handicrafts, One District One Product (ODOP) items, and an array of products from cottage industries.
Addressing the gathering, the Chief Guest emphasised the extraordinary growth in the Khadi Gramodyog sector, revealing that the annual turnover has skyrocketed from ₹20-22 thousand crore in 2014 to a staggering Rs 1.34 lakh crore in the past nine years. He added, “This 1.34 crore has not gone to any four five family, but it benefited thousands of families in form of amount of ₹10 thousand, ₹20 thousand, 30 thousand etc”.
He further emphasised the untapped potential of this sector, asserting that with a little technological support and heightened consumer awareness, this turnover could easily reach a remarkable ₹5 lakh crore per annum turnover. Painting a vivid future, he envisioned India as one of the top three global economies of the future, particularly as the nation approaches its centenary of independence.
Professor J K Pattanayak, Director of IIT (ISM), praised the government's visionary approach to infuse Khadi with modern sensibilities. He emphasised the need for Khadi to resonate with the fashion-conscious youth, ensuring it remains a symbol of contemporary style.
Prof Dheeraj Kumar, who also present during the occasion, said, “The basic idea behind organizing the Khadi Mahtosav is to promote the idea of Vocal for Local and AtmaNirbhar Bharat Abhiyan as envisioned by Honourable Prime Minister, Shri Narendra Modi.”
Echoing the sentiment, Professor Saumya Singh, President of ACIC IIT (ISM) Foundation, highlighted the event's core objective: to create a platform where indigenous products can compete on a global scale.
The vote of thanks was delivered by Akansha Sinha, CEO of ACIC IIT (ISM) Foundation, alongside Camelia Chaudhary, Manager ACIC (ISM), marking the close of a successful Khadi Mahotsav that resonated with a fervent commitment to the 'Vocal for Local' movement.
Last updated on 01 Nov 2023
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