 Mr. Roongta is the recipient of a number of awards including [Standing conference of public enterprises|SCOPE Award for Excellence & Outstanding Contribution to the Public Sector Management] – Individual Category 2007-08 and IIM-JRD Tata award for excellence in Corporate Leadership in Metallurgical industries,2016.He has been part of various think tanks and is widely regarded as one of the principal experts in the field of metal, power and public sector turnarounds.He was Chairman of ‘Panel of Experts on reforms in Central Public sector enterprises’ constituted by Planning Commission, widely known as ‘Roongta Committee’, its report is taken as benchmark for Public sector Reforms today.