Ranchi, Dec. 8
SATISFIED with the academic environment and infrastructure of the Indian Institute of Coal Management (IICM) here, the World Bank is considering making the institute a regional centre of excellence for sourcing trained personnel for South-East Asia.
The Bank's move is based on the recommendation of the Union Ministry of Finance.
The World Bank, in a written communication to the Ministry, has emphasised the need to introduce training courses in "public procurement" in the curriculum of the senior administrative training institutions.
It has also suggested introduction of more detailed courses on public procurement, international and national tendering procedures, contract management and contract law, the objective being to produce more skilled managers in order to meet the growing requirement in South-East Asian countries.
Trust fund: While the World Bank is ready to create a "trust fund" to take care of the expenditure incurred on such courses, universities and management institutes have been asked to include the subject of public procurement in their engineering, business and commerce courses.
The bank feels that the step would generate good policy-makers and a professionally competent and knowledgeable workforce and also contribute to the quality and efficiency of public procurement.
The Executive Director of IICM, Professor Sudeep Ghosh, confirmed that talks were in an advanced stage with the World Bank to make the institute a regional centre of excellence.
He told Business Line that the institute had already involved itself in certain projects towards projecting Jharkhand as a global destination for investment. This apart, it has been asked to train 35 Sri Lankan senior police officers during the current month.
Prof Ghosh said that IICM, an autonomous institution promoted under the Societies Act by Coal India Ltd (CIL) in 1994, was primarily dedicated to train CIL executives. Financial support was provided by CIL and its associated companies.
However, the institute is gradually becoming financially independent and is now offering training programmes to corporate bodies outside the coal sector on a chargeable basis.
In 2004 the institute was awarded the "Six Sigma Quality Level" certification for its training process system by the National Productivity Council.