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A Miniratna Category - I PSU

Under the administrative control of

Ministry of Steel, Government of India

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About Us

Shri Suresh Madhavan took over the charge of Chief Vigilance Officer (CVO) of MSTC on 04th April 2019. He also heads the vigilance department of the subsidiary company Ferro Scrap Nigam ltd (FSNL). The CVO acts as the extended arm of the Central Vigilance Commission (CVC) and oversees the organisation’s Vigilance administration. The CVC is the apex statutory body having jurisdiction over the Vigilance administration of Ministries / Departments of Central Government, CPSUs and other autonomous organisations.

The vigilance department advises the management in all matters pertaining to vigilance. The department also functions as the nodal agent for interaction with CVC and the Central Bureau of Investigation (CBI). The functions of the Vigilance Department are of wide sweep and include collecting intelligence about the corrupt practices committed, or likely to be committed by the employees of the Organisation; investigating or causing an investigation to be made into allegations reported; processing investigation reports for further consideration of the disciplinary authority concerned; referring the matters to the Central Vigilance Commission for advice wherever necessary; taking steps to prevent improper practices and commission of misconducts, etc. Thus, the Vigilance functions can broadly be divided into three categories, as under: -

  1. Preventive vigilance
  2. Punitive vigilance
  3. Surveillance and detection.

The major work profile of the Vigilance department comprises: investigation of complaints received from customers, Principals, bidders, contractors, Company employees, individuals & other stakeholders, Ministry of Steel, CVC, PMO, MSTC Management, News reports, Audit reports and other sources; preventive vigilance activities like surprise checks, regular inspections, surveillance/scrutiny of procurement & contract files, CTE type inspections, system study, monitoring of sensitive posts, preparation of list of officials of doubtful integrity & Agreed list and their surveillance; scrutiny of property returns of employees and coordination with the Central Vigilance Commission (CVC), Chief Technical Examiner (CTE), Central Bureau of Investigation (CBI), Ministry of Steel, etc.

The Vigilance department strives to achieve excellence in its functioning.