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Govt to observe National Productivity week till Feb 18

Press Trust of India  |  New Delhi 

The commerce and industry ministry today said national week will be observed till February 18.

The National Council, under the ministry, has selected 'Industry 4.0 Leapfrog Opportunity for India' as the theme for the week.

In a statement, the ministry said that Industry 4.0 or the fourth industrial revolution would boost growth of sector with the use of modern technologies.

"This will result in the 'Smart Factory' which is characterised by versatility, resource efficiency, ergonomic design and direct integration with business partners," it added.

*********** Insurance, tie up for non-life insurance products *

Insurance and have entered into a corporate agency tie-up agreement for the distribution of non-life insurance products, a release said today.

"The agreement has been signed for the distribution of ICICI Lombard's at branches all over the country as part of the insurer's Bancassurance channel focus," it said.

will offer its to RBL Bank customers spread across the latter's 246 branches.

"Bancassurance tie-up is an important part of ICICI Lombard's growth strategy and the company is focused on forging successful alliances, to enhance its distribution network in the country," the release said.

*********** SAIL joins hands with IIT-K to promote 'Science of Happiness' *

Steel Authority of Ltd (SAIL) has joined hands with (IIT), Kharagpur to promote 'Science of Happiness'.

This initiative is aimed at embracing 'Science of Happiness' for enhancing wellbeing and effectiveness of its employees and to enable them to contribute in a meaningful way towards the vision of the organisation, the state-run firm said.

Under the programme, the participants will be given various conceptual and practical inputs related to positive psychology, biology of belief, power of gratitude, measurements of body parameters through bio-feedback mechanisms and mindfulness practices, SAIL said.

The was set up in in 2016 with a vision to promote the science and practice of positivity for fostering meaningful life, happiness, wellbeing and holistic self- development, the statement said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 12 2018. 18:15 IST