Oil and Natural Gas Corporation Limited (ONGC), has taken the lead in implementing Government's one-time settlement scheme 'Vivad se Vishwas – 2', to fast-track resolution of contractual disputes. ONGC has constituted an internal task force to settle such issues.
Your worst fears are just that, fears. All you know, all you have done is always there with you, will always be so. Nothing is lost when you leap--jump in-- with openness to the great whatever." .
Vivad se Vishwas - 2 is a one-time settlement scheme announced by the government to settle pending contractual disputes. Application for settlement are to be made by the contractors through the GeM portal. The Scheme is valid during 15 July to 31 October 2023.
Energy major ONGC has taken many pioneering initiatives to forge strong and transparent relations with its business partners. ONGC was the first in India to adopt the Integrity Pact (IP) by Transparency International in 2005. Recently, ONGC has become the first PSU in India to get certified for Anti-Bribery Management System (ABMS) by M/s InterCert, USA.