MIRA
INFORM REPORT
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Report Date : |
26.12.2008 |
IDENTIFICATION DETAILS
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Name : |
PADMASHRI Dr.VITTHALRAO VIKHE PATIL |
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Registered Office : |
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Country : |
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Birth Year : |
1901 |
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Line of Business : |
Educational Institution |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually Correct |
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Litigation : |
Clear |
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Comments : |
Padmashri Dr. Vithalrao Vikhe Patil was the founder of Pravara Group
which runs several educational institutes and has been recognised as “deemed
University”. The institutions are run by eminent personalities from the locality.
Trade relations are fair. Subject can be considered normal for business
dealings at usual trade terms and conditions. |
LOCATIONS
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Registered Office : |
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Tel. No.: |
91-2422-273600 |
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Fax No.: |
91-2422-273413 |
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E-Mail : |
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Website : |
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Corporate Office: |
Pravranagar, Taluka Shrirampur, Ahmedanagar – 413 712, |
MANAGEMENT
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Name : |
Dr. Ashok Vikhe Patil |
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Designation : |
Trustee cum Chairman |
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Qualification : |
M.B.A (Management),
Ph.D. (Health Economics) |
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Profile: |
He is the first Indian to become a President of International
Association of agricultural Medicine and Rural Health (IAAMRH) and also
served the Association in various capacities before being elected as
President. Under the influence of Pravara Medical Trust, Loni,( In January 1993, under the leadership of Dr. Patil, the Indian chapter
has organized an Asian Congress in "Innovative Approaches to Rural
Health" and an "International Conference on Woman and Child -
Health, Empowerment, Rights and Development, in November 1998, in Loni, which
were well attended by representatives from all over the world. |
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Name : |
Mr. Balasaheb Vikhe Patil (M.P.) |
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Designation : |
Trustee |
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Name : |
Mr. G R Mhaisekar (Ex. M.P) |
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Designation : |
Trustee |
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Name : |
Dr. Pradeep Pawar |
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Designation : |
Trustee |
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Name : |
Mr. manoj Narwade |
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Designation : |
Trustee and Secretary |
KEY EXECUTIVES
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Name : |
Mrs. Nandini Charles |
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Designation : |
Joint Secretary |
BUSINESS DETAILS
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Line of Business : |
Educational Institution |
GENERAL INFORMATION
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Bankers : |
Not Divulged |
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Banking
Relations : |
---- |
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Other Institutes : |
· C.M.R.D. - Center for Management Research and Development · P.R.U. - Pravra Rural University Schools : ·
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Little ·
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LOCAL AGENCY FURTHER INFORMATION
Website details:-
History
Subject was the founder of Pravara Medial Trust which is the Parent body of Pravara Institutes of Medical Sciences
Deemed University.
With the support from stalwarts like Shri. Vaikunthbhai Mehta as well as
Shri. D.R.Gadgil, the first industrial co-operative venture in
In 1949 subject
has started Pravara Cooperative Sugar Factory, the first industrial
co-operative venture in
The sequence of sugar co-operative movement progressively carried by
Padmashri's worthy son, Shri Balasaheb Vikhe Patil who is
The Chancellor of this
Group Links - Pravara
- Pravara
Rural
- Pravara Rural Education Society, Loni
- Pravara Kanya Vidya Mandir, Loni
- Arts
Science and
- Krishi Vigyan Kendra, Babhaleshwar
- Pravara
Rural
- Pravara Polytechnic, Loni
- Industrial Training institute (Womens), Loni
- Pravara
Rural
- Center for Management Research and Development (Pune)
1)
The school
follows the syllabus set by the CBSE (Central Board of Secondary Education)
This Curriculum will be followed for classes I to IX w.e.f. 1.4.2007
The batch of
Class X students for the academic year 2006-2007 will appear for the State
Board Examination (S.S.C) held by the Maharashtra State Board.
Though the
medium of instruction and communication is English, they firmly believe that
knowledge of languages is an asset. That’s why they have introduce Hindi and
Marathi from Std 1. French is introduced in Std 6.
Source of Inspiration
– Late Shri Padmashri Dr. Vitthalrao Vikhe Patil
Subject the immigrant of Sugar Co-operative
movement was chiefly instrumental in, organizing the much exploited sugarcane
'growers of the 44 villages, in and around Pravaranagar, way back in 1948, and
establishing
In 1901, subject was born in a peasant’s
family at Loni, was disconsolated by the pitiable plight of the poor, the
illiterate and the downtrodden peasantry who were exploited by the
money-lenders, feudal lords, and private sugar factory owners. In those days
the local peasantry of Pravara area had to face difficulties in marketing of
sugarcane, as conversion of sugarcane into Sugar was totally uneconomical and
the "Jaggery Prices, reached the rock bottom.
That is why; Mr. Padmashri began exploring
ways of uplifting the farmers of this area. It dawned on him that co-operative
movement was the only ideal medium to achieve his goal. He pioneered
co-operative movement as a tool for social, educational and economic upliftment
of the rural masses. His inexhaustible efforts changed the rural scene of
He was awarded "Padmashree" the
distinguished title in appreciation of his life's work with the co-operative
movement, at the hands of the President of India, Late. Dr. Rajendra Prasad in
1961 and was saluted with the honorary D. Lit. degree by
His eminent son - Hon'ble Shri. Balasaheb Vikhe Patil, Ex Minister of
Heavy Industries and Public Enterprises, established “Dr. Vikhe Patil
Foundation”. The farmers contributed towards the education fund from every
tonne of the sugarcane sent to the factory. Vittahalrao was conferred the
Padmashri in 1962, D. Litt. by
His inheritance was capably continued by the subsequent generations.
Followed by his renowned son Shri. Balasaheb Vikhe Patil, a veteran
parliamentarian, his grandsons Shri. Radhakrishna Vikhe Patil, ex. Cabinet
minister for Agriculture, Government of Maharashtra and Dr. Ashok Patil, CEO,
Pravara Medical Trust and the first Indian to become a President of
International Association of agricultural Medicine and Rural Health (IAAMRH) re
actively carrying on the grand work. During the last four decades Pravara Rural
Education Society, Pravara Medical Trust, Padmashri Vikhe Patil Foundation and Dr. Vikhe
Patil Foundation Pune have flourished as value-centred educational
institutions.
Institutional Development
Number of
Organizations/Institutions regarding Health, Educational, Rural Development has
been promoted, founded and managed by Dr. Ashok Patil.
Some of the Major Institutions are as
follows:
Pravara Medical Trust, Loni
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Center for Biotechnology, Loni
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Center for Social Medicine, Loni
Pravara Institute of Research and Education in Natural and Social
Sciences (PIRENS), Loni.
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Krishi Vigyan Kendra (KVK), Babhaleswar
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Dr. Vikhe Patil Foundation, Pune
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Center for Management Research and Development,
Pune
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Vikhe Patil Foundation, Ahmednagar
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Center for Management Research and Rural
Development, Ahmednagar
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Association of Agricultural Medicine and Rural Health in
Hope Charitable Trust,
Chemical Consultants and Engineers, Pune
Western Bio-systems Limited. Pune
Membership of International Scientific Societies and Bodies
Number of international organizations or Associations has been
affiliated
Some of the Major
Associations comprises of:
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President, International Association of
Agricultural Medicine and Rural
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Associate Member, Network of Educational
Institutions in Community Health Sciences, the
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Executive Member, World Organization of
Position Held
in Different Institutions
1. Director
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M/s Contronic International Private Limited,
Ahmednagar.
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Effluent Chemical Consultants and Engineering
Private Limited
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2. Members
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Environment Sub Committee Federation of
Indian Chamber of Commerce and Industries (FICCI),
3. Managing Trustee
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Dr. Vikhe Patil
Foundation ,
4. Joint Managing Trustee and
Chief Executive
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Pravara Medical Trust, Loni
Research,
Training and Development Projects has been Implemented
For the last 15
years, around 20 researches have been designed and implemented the training and
development projects.
Various Major and recent Projects has been embodied:-
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Comprehensive Rural Health Project in 100 villages
in Ahmednagar district,
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Mother NGO - RCH Scheme implemented in Aurangabad,
Beed and Jalna districts, Maharashtra, India (Sanctioned by Government of India
under World Bank Assistance) - 1998 onwards.
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"AIDS and Sex Education for Adolescents and
Youth of 100 villages of Ahmednagar districts,
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"Efficacy of Lactobacillus Ruteri in
controlling Childhood Diarrhea in rural Ahmednagar district,
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"The Impact of Global warming on human health
in Ahmednagar district, Maharashtra" funded by National Institute of
Environmental Studies,
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"Eco-friendly environment for Sustainable Development
in
Major Recent
Conferences Organized
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International Conference on Woman and Child - Health, Empowerment,
Rights and Development, 14-16 November, 1998 at Pravara Medical Trust, Loni,
India.
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International Congress of Agricultural Medicine and Rural Health, 25-27
May 1999 at
Papers
Presented at National and International Conferences/Congresses
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"COMPREHENSIVE RURAL HEALTH CARE PROJECT -
PRAVARA MODEL" at the 10th International Congress of Agricultural Medicine
and Rural Health at Budapest, Hungary held between 27.08.1987 to 31.08.1987.
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"ROLE OF COMMUNITY PARTICIPATION IN MALARIA
CONTROL IN RURAL MAHARASHTRA, INDIA" at the XII International Congress for
Tropical Medicine and Malaria held in June 1988.
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"MATERNAL and CHILD HEALTH IN RURAL
INDIA" at the 4th Asian Congress of Rural Medicine and Primary Health Care
held between 7-9 October, 1988 at Beijing, China.
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"RURAL HEALTH CARE SYSTEMS IN INDIA BY 2000
A.D." at the National Seminar on "Problems and Prospects of Rural
Development in 2001 A.D." held in Loni between October 6-8, 1988.
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"TEACHERS PARTICIPATION IN SCHOOL EYE HEALTH
CARE PROGRAMME - A PILOT STUDY" at 47th Annual Conference of All
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"PROBELEMS AND PROSPECTS OF RURAL HEALTH IN
INDIA - 2001 A.D." at the International Symposium on Rural Health and
Medicine held at Pusan, Republic of Korea on 12th September, 1990.
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"PRIMARY HEALTH CARE CENTRE VISITS - A TOOL
FOR COMMUNITY ORIENTED MEDICAL EDUCATION" at the International Conference
on "Community and University Partnership : A Challenge for Health
Development" at
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"HEALTH CAN NOT BE SEPARATED" at the 11th
International Congress of Agricultural Medicine and Rural Health,
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"PRIORITIES IN RURAL HEALTH - PRAVARA APPROACH
TO PRIMARY HEALTH CARE" at the VI Asian Congress of Agricultural Medicine
and Rural Health, Loni, India on 22-24 January, 1993.
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"FRUIT AND VEGETABLE PROCESSING INDUSTRY IN
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"THE AIR WE BREATE, THE WATER WE DRINK - ARE THEY LIFE GIVING
?" at the National Institute of Environmental Studies,
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"IMPLEMENTING THE IDEA OF SAFETY WORK IN DEVELOPING COUNTRIES"
at XIII International Congress of Agricultural Medicine and Rural Health, Iowa
city, Iowa, USA, September 7-10, 1997.
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"RURAL ENVIRONMENTAL PROBLEMS AND GLOBAL WARMING IN
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"MEDICAL TREATMENT OF PESTICIDES POISONING" at National
Institute of Environmental Studies, Japan on 17-19,1997.
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"GOVERNMENT, NGO AND NODAL AGENCY PARTNERSHIP - A LONI CASE
STUDY" at the International Conference on Woman and Child - Health,
Empowerment, Rights and Development, November 14-16, 1998,
PADMASHRI DR.VITTHALRAO VIKHE PATIL institute of
technology and engineering , Loni
Inception
On 21st August
1981, the formation of Pravara Rural Polytechnic symbolizes the ascendance of
plateau of achievement of academic excellence, in dissemination of quality
education from preprimary to collegiate level by Pravara Rural Education Society,
ensconced at Loni, by Late Padmashri Dr. Vithalrao Vikhe Patil in 1964.
Hon'ble Namdar Shri. Balasaheb Vikhe Patil,
Minister of State for Finance, Govt. of India, worthy son of Late Padmashri, a
leader of reckoning in Maharashtra and India, took upon himself arduous task of
translating the dreams of his father into concrete realities by meticulous,
punctilious planning and by offering a dynamic and pragmatic leadership to the
Society. With a large chain educational institutions, which includes Primary,
Secondary Schools, Higher Secondary Schools, English Medium High Schools, a
Public School, a fully residential Secondary and Higher Secondary School for
Girls, Sainik School, Junior Colleges, Polytechnics one specially for girls and
Industrial Training Institute - one each exclusively for women, Senior Colleges
offering courses in Pharmacy, Education, Physical Education, Arts, Science,
Home Science, Commerce, Architecture, Engineering and Technology i.e. Pravara
Rural Engineering College.
For Medical Education consisting of
A Krida Prabhodhini, a
All the institutions are duly recognized by
statutory bodies of state and central governments. A huge complex of
educational institutions has come to be associated with Loni. The student
population of Pravara Complex is more than 25000. The
Under the supervision of Hon'ble Amdar Saheb
Shri. Radhakrishna Vikhe Patil, Former Minister for Agriculture, Water
Conservation, Dairy and Animal Husbandry, Government Of Maharashtra and
Chairman Of Mula Pravara Electric Co-operative Society, the institution in the
matters of academic excellence, diversification and continues to remain a source of inspiration and strength to the
institution .
About the Society
During the life time of subject, the Pravara Rural Education
Society has been flattered and evolved.
Hon'ble Mr. E.V.Alias Balasaheb Vikhe Patil, a veteran and Public
Enterprises, Government of India, the son of Mr. Padmashri Dr.Vitthalrao Vikhe
Patil get ahead all the multitudinous and versatile activities originated by
Mr. Late Dr.Vitthalrao Vikhe Pati have been continued.
The Seed laid by the Padmashriji is blessing into sylvan symphony with a
large chain of educational institutions through the thorough planning and
dynamic leadership of Shri Balasaheb Vikhe Patil.
Presently, M.L.A and Ex-Minister for Agriculture and Water Conservation
(Maharashtra State) Hon'ble Mr. Radhakrishna Vikhe Patil taking keen interest
in the progress of various institutions of Pravara Rural Education society and
has taken up the Herculean task of modernizing the System and Processes having
new knowledge with suitable blend of Indian culture and is working day and
night to impart programmatic dimensions to Pravara Rural Education Society and
the institution under this.
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Name of Institution |
Year Established |
Web Address |
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1964 |
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Pravara Kanya Vidya Mandir. |
1969 |
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Padhmashri Dr. Vitthalrao Vikhe Patil Arts, Science and |
1971 |
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1975 |
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Padhmashri Dr. Vitthalrao Vikhe Patil Institute of Technology and
Engineering. (Polytechnic) |
1981 |
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Rural Polytechnic for Women. |
1983 |
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Pravara Rural |
1983 |
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1983 |
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Industrial Training Institute. (for boys) |
1984 |
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Pravara Rural |
1987 |
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Industrial Training Institute. (for Women) |
1990 |
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Pravara Rural |
1990 |
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Pravara Rural |
1992 |
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Pravara Rural |
1996 |
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Home Science college for Women. |
1997 |
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Kreeda Prabodhini. |
1997 |
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Shirdi Sai.Rural Institute Rahata. |
1997 |
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Sir Visveswaraya Memorial Engineering college. |
1998 |
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Arts, Science and |
1998 |
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Padmashri Dr. Vitthalrao Vikhe Patil Sainik School. |
1999 |
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2003 |
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2006 |
2)
Pravara Rural
Inception
Under the
Technical Education Complex advanced by the Pravara Rural Education Society, in
August, 1981 Pravara Rural College of Pharmacy, (Diploma Course), Pravaranagar
institution has been started.
In 1964,
society was established by the Late Padmashri Dr. Vitthalrao Eknathrao Vikhe
Patil also the founder of the Padmashri Dr. Vitthalrao Vikhe Patil Sahakari
Sakhar Karkhana.
The society has
been registered both under the Societies Registration act 1860 and the Bombay
Public Trust Act 1950.
In1981-82, Pravara Rural College of Pharmacy has been
originated when Diploma in Pharmacy Course was established as one of the seven
disciplines in Padmashri Dr. Vitthalrao Vikhe Patil Institute of Technology and
Engineering (Polytechnic) at Pravaranagar by Hon’ble Shri. E. V. alias Balasaheb
Vikhe Patil, Minister, Heavy Industries and Public Enterprises, Government of
India to meet the demands of Pharmacist of this rural area.
3) Arts, Science and
(Satral Taluka Rahuri, District Ahmednagar)
The Institution
Subject is the great reformer of Pravara region. Even though he was illiterate
person understood the value of education in his age. Through the medium of
education for the upliftment of the rural people Subject started Pravara Rural Education society in the year 1960.
Now this institution turn into very large institution and there are many
branches of it. Spread all over Ahmednagar District.
Taking the inspiration of rural development
from Padmashri Dr.Vitthalrao Vikhe Patil , Honarable Shri .Balasaheb Vikhe
Patil, MP., Chairman of Pravara Rural Education Society, Pravaranagar and
Chairman of Standing Committee and Defence and Former Minister (Govt. of India)
started a senior college at Satral in June 1998.
Now this institution is growing rapidly under the
management of hon. M.L.A. Shri.Radhakrishna Vikhe Patil, Trustee of Pravara
Rural Education Society and Former Minister (Govt. of Maharashtra). Every
facility of higher education is opened for the rural students, especially for
the Girls by the college.
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The
Courts,
1] INFORMATION ON
DESIGNATED PARTY
No exist designating subject or any of its beneficial owners, controlling
shareholders or senior officers as terrorist or terrorist organization or whom
notice had been received that all financial transactions involving their assets
have been blocked or convicted, found guilty or against whom a judgement or
order had been entered in a proceedings for violating money-laundering,
anti-corruption or bribery or international economic or anti-terrorism sanction
laws or whose assets were seized, blocked, frozen or ordered forfeited for
violation of money laundering or international anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority for
any financial crime or under any formal investigation by a competent government
authority for any violation of anti-corruption laws or international anti-money
laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.48.49 |
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|
1 |
Rs.71.89 |
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Euro |
1 |
Rs.67.86 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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