GHM edia
B usiness
In Conversation With
Waste oil isgenerally not handled properly and hence it
pollutes the ground water, land, air, and environment.
Water and soil contamination occur when any used oil is
spilled, dumped or leaked on the ground.
Spilled oil can seep through soil to pollute groundwater,
and some used oil will “run off” into surface lakes &
streams. Water pollution can damage fisheries, make
swimming unsafe.
Just one misplaced gallon of used oil, the amount from a
single small auto engine, has the potential to contaminate
up to one million gallons of fresh water - a year’s supply
for about 50 people.
The discarded oil is very dangerous because of the
contaminants that used oil contains. These contaminants
have been linked to bronchitis; adverse impacts on human
body development; lethal toxicity to plants and animals;
and human cancers of the skin, lungs, liver, bladder,
kidney, and gastrointestinal tract.
Used oil that is dumped on the ground or is put in storm
drains contaminates ground water which is certainly very
difficult to cleanup.
Used oil in any of the bodies of water can harm or kill fish,
birds, and other wildlife.
Used oil in surface water has also the potential to harm
wildlife by depleting the oxygen supply for fish and other
aquatic life, and by hindering the ability of birds to fly.
Used oil from earth moving equipment, cars, trucks,
motorcycles, tractors and other engines gear boxes and
other industrial plants and machinery; contains traces of
heavy metals, arsenic and other chemicals which are very
harmful for plants, humans or other animals when these
chemicals are absorbed by plants and passed up the food
chain. Because of these problems, it is criminal to dispose
of used oil by dumping it on the ground or in water.
When plants are grown in the oil contaminated soil or fed
by the water contaminated by discarded oil, they absorb
(bio-accumulate) high concentrations of heavy metals.
One of the indirect risks of such environmental dangers is
the poisoning of the food chain, which ultimately affects
human health.
What are your observations about the economic
policies of the Government?
In our view the Economic policies of the present Govt. are
41 | january-february 2019 |
more inclined towards controlling inflation for achieving
a sustained growth in GDP. To what extent the goal has
been achieved is debatable, but the Govt. has agenda for
big economic reforms since it took over,but it has not been
able to get a ten out of ten for all the work done in the past
four years. We feel that the political constraints of the Govt.
has been an obstacle to the decision making process for big
time economic reforms, however the efforts towards quick
decision is the big thing in this Govt.
In our opinion the Govt. has been able to tackle the problems
of inflation on both demand side and supply side issues.
While taking controlling action to curb the demand with
various fiscal tools. Another good thing of the Govt. is putting
more concentration to increase the production by sorting
out the basic production related problems like availability
of infrastructure,power and easy and affordable finance to
the Industry. Steps have also been taken to increase farm
output which will help ease the demand besides controlling
commodity prices should also help.
What do you say about your success – Is it because of
your good luck or Hard work?
My reply of this question is that success is the result of:
Setting a proper goal, being responsible for it, having strong
will power, self-confidence & faith, acquiring the necessary
knowledge & skill, properly planning for it, and then
consistently working hard for achieving the goal.
Success is not because of Good Luck or merely Hard Work.
As such about the Luck, you never know about it, but hard
work is a certainly required for success, in association with all
the above factors.
Have you got any award or honour in recognition of
your contribution? If so, please mention.
Yes!
We have been honoured by Govt. of India with the
followingNational Awards:
National Award-2006 for Quality Products - Outstanding
Quality Machine Tools
National Award-2007 for Research & Development Efforts
National Award-2008 for Outstanding Entrepreneurship
Udyog Patra Award, andNational Integrity Award.
Honour by Delhi Technological University as Achiever of 70
years (Celebrating Excellence)
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