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INTRODUCTION
INDUSTRY PROFILE
India’s steel manufacturing is morei than a century older. Earlier than the financial
reforms of the late on 1990’s the Indian steel industry was a mainly regulated one with the
community sector dominate the industry.
In 1992, the liberalization of the Indian wealth led to the opening up of various industries
including the steel manufacturing. This led to the boost in the figure of producers, increased
money in the steel industry and increased manufacture capacity.
in view of the fact that 1990 more than Rs 19,000 corers ihas been invested in the steel
industry of India.
Steel trade in India is on an upswing for the reason that of the hard universal and
household demand. India’s rapid economic growth and soaring demand by sectors like
infrastructure, real estate and automobiles, ati home and abroad, has put Indian steel industry on
the global maps
According to the latest statement by global Iron and Steel Institute (IISI), India is the seventh
biggest steel producer in the globe
Steel is a creation of capitali intensive and composite industry that need nationwide awareness
for progress. The command of steel is a essentially derived demand, growth in the industry needy
on the level of action of the steeli consuming business specially thei building, automotive,
appliance and other customer durables.
The steel manufacturing is in the entry of a innovative era. The vanishing from a
administration of manage of free market, from produce to end, from community sector to
personal sector savings and from an interior marketing policy to a global vision has all placed.
The business in a central part of expansion and there has been infinite opportunities and also at
the same moment rigid challenges and a ground of uncertainty to pick up its power and
aggressive boundary to high-quality superiority products at poorer prices.
COMPANY PROFILE
Mahamanav Ispat Pvt Ltd is a isponge iron industrialized company withian annual
manufacture capacity of 38000 metric tons AVERAGE. MIPL is located 8 km from steel
city (Bellary) next to Belagal village. It has commenced production from January 2009.
The company hadt their own land which would avail all the profit from their own private
land for tsetting up the industrial unit.
The strategic place of the plant in Bellary is near Belagal village which is conditioned by
the availability of rawmaterials in sufficient quantities with in reasonable economic
distance.
Sponge Iron India Limited (SIL) provide the knowledge for production. The ibusiness
has captive sponge iron plant with capacity of 38000 M T p. a AVERAGE the plant has
the rotary kiln with preheating technology.
MIPL consumes electricity provided by GESCOM provided at commercial rates and runs
365 days, failing to which DG (Diesel Generator) is used to carry on the production
process. If there is a breakdown in production process for any reason, to restart the
production again, the DG will consume 1200 litres of diesel.
The group has an inside safety strategy,iwhich ensures secure and strong working
condition. Paramountqimportance is being given to staff of MIPL. wherever the working
atmosphere is more demanding compare to other handing out industries. The employees
arew given; security machine like spectacles, hand gloves, safety shoes,ahelmets, gas
maskseetc., and the company has the facility of Medicare with capable medical
practitionerr.
PROMOTERS:
Mahamanav Ispat Pvt Ltd was promoted by Dr. P.V srinivas Rao.
Dir. P. V. S Rao is known as one of the best in India in sponge iron industries with rich
experience in process, which helped factory to build in just 7 months with low cost of
production and best sponge iron in Bellary.
VISION:
To setup an eco-friendly steel plant of worldwide values and present best class
sponge iron to the international market and position ahead amongst the spongewiron
manufactures.
MISSION :
To be anuinnovative, resourcefulc and cost-effective company.
To meet customer necessities of excellencey service and cost constantly.
To create “responsibility production through us simple” with pleasant torour
clients
To provide a congenial and entrepreneurial work atmosphere in which staff can respond
to the needs of commerce and receive fair rewards
QUALITY POLICY:
To attain a efficiency of 200 M T for each day and designed for solar energy.
administration Director
Plant director
SPONGETIRON:
USEROFTSPONGEYIRON:
PRODUCT/ SERVICES:
MIPLris produce sponge iron where the foundries use it for manufacturing steel ingots,
pellets steel structures, re-rolled products, it is as well used by steel producing companies
and automobile industries.
For these companies sponge iron is essential so it is clear that automobile industry
depends on steel industry and steel industries in turn depends on sponge iron producing
companies.
By products which producing sponge iron
Slag: Used by cement industry
Char fines: by brick industry (2100 rs per tonne)
Char lumps: for thermal power plants (300 rs per tonne)
The raw materials required for one day production of sponge iron.
The sponge iron obtained is of solid form of state and contain 75% to 85% of iron
content, it is so called because it has a lots of pores into it..
Theemajor functionalydepartmentsyare:
o Financebdivision
o Accountsidivision
o Purchaserandymarketing division
o HumantResource division
o Inventoryrdivision
o Productionwdivision
Production
division
PRODUCTION DEPARTMENT
Dolomitew(lime stone)
Coalr
Hardware believe a notable job insthe creation procedure, the real apparatuses
utilizedware
wPre-warming oven
Maindoven
Coolerf
General
Managerb
Manageru
Seniordshift
incharged
Shift
hincharge
Shift
hemployee
Trainee
The key basis toerunuthemmachinesiinfthecplantris power, whichsis provided byr
GESCOMdat business rates;ra alternate of dieselegenerators is alsotinstalleda in case
ofqemergency.
Ironcorewcircuit:
Thewironeore circuitrisythevmainly key circuit inrtheiwhole plantrwhich
involvesithetmost important dealing out ofrrawqmaterial, the different subeequipment
used in this circuityare:
Ground5hopper.
Vibro7feeder.
Cone crusher.
Double deck screenn
Bunkerr.
H.O.Dw
Senior incharge.
Employeet
Assistanti
MARKET
Marketwiseaqlay where a good and services areeexchange the word marketumeans.to
the combined ofiall weight fortallrparticulars product-ofrservice. Ittalsoyrefersqtoithe
total ofeallwclients existing and potentialrfor thesproducts.
MARKETINGee CHANNELS
Thezmain demand foryspongemiron isvfrom inductionufurnace unitspthere are
hundredseofcinductionnfurnacexunits extend allbovercthe nation, whichnmakes range
ofdsteel.yThefpresent,studyhreveal that therezare.5 majorymarketing center inqthe
countryt
Hyderabady.
Coimbatorep.
Bangalorei.
Kochib.
Mumbaic.
Maharashtra.
INDUSTRIALRMARKETINGFCHANNEL
0-level 1-level
Manufacturen Manufacturet
Commission,agents
Industriesj
Purchase:
The buys are made by getting out the tenders, and afterward the choice is made based on
its attainability to our associationi
FINANCE DEPARTMENT8
The finance functionqdeal with the procurementyof cash attthe moment whenoitois
neededqandcits efficient utilizationzini thedenterprise. Currency iswthe employment
ofothe venture, as itdis necessary to buy apparatus and resources, to give money and
salaries to workers and to allow creditsservices to customerse.
An main necessity for the successeof any business association is the.condition of enough
amount of finances or funds. It cannotework unless itihas got enough quantity at its
removal to buy engine and supplies, build grounds, and meetwday-to-dayeexpenses and
forwsome other reason.
Theqoccasion ofycapital-incentivevstrategies hast bigger thedimportancetof investment.
Thexgoal plansrofhmany industrieshremain plain thoughts unlesstsufficient financeiis
existing toeconventvthemvinto realism. Therefore it has turn into an important purpose of
organizationwto provideqfor sufficient funding forcthe performance ofithe enterprises.
STRUCTUREwOFrFINANCEDDEPARTMENT
GeneralR Manager
(Finance)
ManagerWFin A/c
AccountantE
Manager Accounts: Accounts manager in MIPL is concernedRwith the amount of
Plat Manager
Reporting Authority
HR & Marketing
Department
Supervisors
Daily Labors
Working Hours:
The common functioning hoursYstart ate 9 a.im.nand endsTat 6 p.m.flunch ibreak
iseamong 1 p.m.xto 1.30 p.m.UMIPL isgalsouhaving shiftYbased working hours,sshift
‘A’ starts from 6 a.mHto 2 p.mz. shiftc‘B’ starts fromx2 P.m.itog10 p.m. and shift ‘c’
starts fromx10 p.m.etog6 a.m. Allvtheuassociatescmust report toyduty/uonuor before half
an hour;of shiftThour.
SHIFTS SHEDULE
ATTENDENCE:
PAYMENTeANDtSALARY:
The corporation makes its all paymentrthrough bank to its employees and through
cash to daily labors.
HOLIDAYS:
TRAINING ePROGAMS:
The Companyfgives trainingstoothe workers onxtheabasisqofsworking conditions.
Thestrainingwprovidedzat MIPL isqin-plantdandytraining is divided into two types.
ESI:w(EmployeegStateuInsurance)
TheqESI benefitcis provided totall the eligiblemassociates.
The employee’srcontribution torESI is 7.5% of thevgrossmsalarynandzthe
organization contributionxisf 4.75%zof thetsame.
PROVIDENT FUND:
Every associate of Mahamanav Ispat PvttLtd is eligible for EmployeesuProvident Fund
benefits. Employeeycontribution to PF is 12% of therBasic salary and for themDA the
administrationrcontribution isr12%, whichqisfequivalent to employee’s contribution.
ACCIDENT INSURANCE:
Anysaccident happening duringgandgin courseuof discharge of onesiofficial dutyhis
insured,fonegis eligibleztogclaim compensationtfor the same.
rGRATUITY:
Any employeezcompleting continuoushfivezyears of service in an organization is
eligiblefto get gratuity.
CANTEEN:
The companyrhas provided subsidized canteenzfacility.
zAMBULANCE:
The companyzhas the ambulance facility forttransportation during emergency.
HEALTHyANDhSAFETYiMEASURES:
Theredisdachealthcandxsafetyqcommitteeetogmonitoruthefsame.
POLICIES:
SECURITYePOLICY
ATTENDENECE AND COMPENSATORYtOFF
DRESSyCODE POLICY
PERFORMANCEyMANAGEMENT POLICY
SUGGESTIONSuSCHEME POLICY
STRENGTHS:
MIPL is ideally located near the major power generating stations both hydro and
thermal like Raichur, Munirabad, Shalvathe, Kalinga. All these stations are connected
to the gird at Munirabad about 72 km from Bellary. The gird also receives power
from BTPS Kudthini thermal station of 500 MW which serves as advantageous for
MIPL.
Since plantrhas a pre heating knowledge which makes coal utilization less and makes
cost of manufacturetlow.
The raw materials required for the production is available within 50 km of the radius,
and is rich in mineral content
WEAKNESS:
Maximum concentration is on South Indian Market and other parts are neglected as
far as market network is concerned.
The automobile industry has also reduced the demand for sponge iron.
OPPORTUNITIES:
Efforts are on for reducing the power cost, which is a key element in the process of
iron ore industries.
Coal based openly reduced spongeriron is full demandyamong all induction furnace.
MNGOTymanufactures throughout India.
yTHREATS:
Many industries are dispersed into steel producing and existing companies are
expanding there.
FUTUREtPLANSoOF THEoORGANIZATION:
LITERATURE REVIEW
S.Kumar (1993), "An investigation on the Labor welfare measures in AFT Ltd
Pondy". The creator finished up the goal of the examination is to discover the welfare
offices gave on the AFT and the representative's proposal and feeling about welfare
measures by utilizing structure poll and by closing individual straightforward irregular
example for an example of 100. The examination uncovered the welfare measure given
by the organization was sufficient aside from a couple of frameworks like lodging plan
and benefits plot.
David E. Cantor (2008) The inspiration behind this document was to study the
lettering and want extra examination into therhuman, operational, andhadministrative
issues that add to working environment security in the production network. This paper
distinguishesta few possible investigate opening that can build expertise with the
consequence of improving a company's work environment security practices. This paper
recognizesr 108 articles which advises, how theycoordination's and carrying wellbeing
has superior. The paper recognizes 14 future research openings inside the work
environment wellbeing in the record network, that have been renowned can completely
affect professionals faced by security issuesu.
Misra (2009) The examination work of went for sociological investigation of the
work welfare issues of steel industry. The investigation depended on the direct
information gathered from the steel industrial facilities of Eastern Uttar Pradesh. The
examination reasoned that the states of work in steel processing plants of eastern locale of
Uttar Pradesh were not attractive especially in the regard of wellbeing measures,
neatness, sanitation, lavatory offices, drinking water, rest rooms, and so forth. It
additionally called attention to that the arrangements for leaves and occasions, lighting,
lodging, therapeutic, training, are a long way from agreeable.
Kirabakaran (2008) directed on welfare estimates his discoveries are as per the
following Dunlop India Ltd, has under taken various welfare measures notwithstanding
statutory arrangement. Larger part of the labourers and staff are fulfilled about the
welfare offices given by the worry.
Mr. Robert (2007) Employee welfare by and large, these are the advantages that a
representative must get from his/her organization, similar to remittances, lodging for
those organizations who gives, transportation, medicinal, protections, sustenance and
some other way where the worker has rights to request.
MR.R.Pradeep (2009) "RepresentativeQwelfare is a far attainment term including
unliketadministrations, advantages andyoffices presented to workers and by the
businesses .Throughwsuch moderate minor recompense the business makes existence
worth livelihood for people."
RESEARCH GAP
From the above literature reviewrreveals that the the majority of thetreports of surveys,
committeesqand commissions are designed at knowing therworking and living
environment of thewemployees in dissimilar statestso as to suggest thetemployers and as
well theegovernment about the need for betterbwelfare and public safety actions. The
competition in the present scenario, the organisations are lagging in increasing the
employee welfare activities levels. Most of the research and studies being done on the
causes, impact and the management aspects of employee welfare measures.
CHAPTER-3
STATEMENTrOF THEyPROBLEM
OBJECTIVES
RESEARCH METHODOLOGY
RESEARCHeTYPE
DescriptivetResearch design:
SOURCE OF DATA
SAMPLEt SIZE
SAMPLING METHOD
Simple random sampling methoduwas used wherever elementary part has a full and
equivalent possibility of being chosen and incorporated in the sample.
HYPOTHESES
H0 = Employee welfare measures has no impact on the employee satisfaction.
The sample size is restricted to 80,due to the time and the financial constraints.
Being a sample, it cannot completely represent the entire population.
Less co-operation from the respondents.
Q1.Areeyou getting wagestas per the basicyminimum criteriauallotted byqgovernment?
CONTENT NO OF RESPONDENT
YES 70
10
NO
Analysis -
87% of theeemployees areeaccepted that they are receiving wages per thetbasic
minimumtcriteria allotted by thetgovernment and 13% employeesytold no.
Interpretation-
As per the survey 87% of the employees are satisfied with the minimum
criteria allotted by the government.
Q2. Is their suitable ventilation and good environment in the work place?
CONTENT NO OF RESPONDENT
YES 65
NO 15
Analysis -
81% of the employees told yes for the proper ventilation and good
environment in the work place and 19% of the employees told no.
Interpretation-
CONTENT NO OF RESPONDENTS
EMERGENCY WARNING BELL 40
EMERGENCY SIGNALS(LIGHT) 40
0
EMERGENCY EXIT DOORS
0
ALL THE ABOVE
Analysis -
50%of the employees told yes for the available of the emergency warming bell,
50%
of the employees told yes for the available of emergency signals in the company.
Interpretation-
As per the survey 100% of the employees said emergency tools like warning bell
and signals are available.
Q4. .Do your company takes suggestions or opinions from you?
CONTENT NO OF RESPONDENT
YES 65
NO 15
Analysis -
81%of the employees told yes the company takes suggestions from them.
Interpretation-
As per the survey 81% employees are told company takes suggestions or
opinions from them.
Q5.How often first aid box with prescribed contents is available?
CONTENT NO OF RESPONDENTS
EVERY TIME 70
MOSTLY SOMETIME ONLY 10
Analysis -
87% of the employees told yes for the availability of the first aid box in the
company and 13% of the employees old mostly sometimes only.
Interpretation-
As per the survey 87% of the employees told that thier is availability of the
first aid box with the prescribed contents in the company.
Q6. In case of accidents how does the company compensates?
CONTENT NO OF RESPONDENTS
INSURANCE 15
60
COMPENSATE
5
ANY OTHER
Analysis -
75% of the employees are told compensation,19% of the employees are told
insurance and 6% of the employees told others.
Interpretation-
As per the survey 75% of the employees are told compensation is provided in
case of accidents.
Q7.Is your health affected by the workplace environment?
CONTENT NO OF RESPONDENTS
YES 30
NO 50
Analysis -
63% of the employees told no health gets affected and 37% of the employees
told yes to the health affection.
Interpretation-
As per the survey 63% of the employees are satisfied with the work place
environment.
Q8.Weather the workers are happy with the overall health and safety facilities provided
by the company?
CONTENT NO OF RESPONDENTS
YES 60
NO 20
Analysis -
72% of the employees told yes for the overall health and safety facilities provided
by the company and 28% of the employees told no for the health facilities.
Interpretation-
As per the survey 72% ofjthe employees areusatisfied with the health and safety
amenities of theqcompany.
Q9.Due you have transport facility in our company?
CONTENT NO OF RESPONDENTS
YES 80
NO 0
Analysis -
100% of the employees told yes for the transport facility.
Interpretation-
As per the survey 100% of the employees have the transport facility in the
company.
Q10.What do you feel about the transport facility provided by the organisation?
CONTENT NO OF RESPONDENTS
HIGHLY SATISFACTION 0
SATISFACTION 70
NEUTRAL 10
DISSATISFACTION 0
Analysis -
87% of the employees told they are satisfied with the transport facility and 13%
of the employees are neutral about the transport facility.
Interpretation-
As per the survey 87% of the employees are satisfied by the transport facility of
the company.
Q11.Are you aware of all the welfare activities at the workplace?
CONTENT NO OF RESPONDENTS
YES 70
NO 10
Analysis -
87% of the employees told they are aware of the welfare activities at the
workplace and 13% of the employees told they are less aware.
Interpretation-
As per the survey 87% of the employees are well aware of the welfare activities
of the company.
Q12. What are the allowances paid by your company?
Analysis -
31% of the employees told they are highly satisfy and 44% of the employees they
are satisfy and 12% of the employee they are neutral and 13% of the employees are
dissatisfaction about the allowances.
Interpretation-
As per the survey 44% of the employeestare satisfiedywith the allowances
providedtby the company.
Q13.Does working in the organisation give you a feeling of security?
CONTENT NO OF RESPONDENTS
GOOD 60
NEUTRAL 20
POOR 0
Analysis -
75% of the employees told they feel secure working in the organisation and 25%
of the employees told neutral about working in the company.
Interpretation-
As per the survey 75% of the employees feel secured working in the company.
Q14.Howrdo you rateythe medical benefitsuprovided by thepcompany for thet
employees?
CONTENT NO OF RESPONDENTS
HIGHLY SATISFACTION 0
SATISFACTION 70
NEUTRAL 10
DISSATISFACTION 0
Analysis -
87% of the employees told they aretsatisfied with theomedical benefits of the
ucompany provided and 13% of the employees told neutral about the medical benefits of
the company.
Interpretation-
As per the survey 87% of the employees areusatisfied with theimedical benefits
provided by theucompany to them.
CONTENT NO OF RESPONDENTS
YES 80
NO 0
Analysis -
100% of the employees told that the company follows the ESI and provide the
ESI
benefits.
Interpretation-
As per the survey 100% of the employees told that the company follows the ESI.
CONTENT NO OF RESPONDENTS
HIGHLY SATISFACTION 0
SATISFACTION 70
MODERATE 10
DISSATISFIED 0
Analysis -
87% of the employees told they are satisfied with the ESI benefits of the
company provided and 13% of the employees told moderate about the ESI benefits of
the company.
Interpretation-
As per the survey 87% ofythe employees areisatisfied with the ESI benefits
provideduby theucompany to them.
Q17.Any safety measures precautions taken while any fire accidents injuries?
CONTENT NO OF RESPONDENTS
YES 80
NO 0
Analysis -
100% of the employees told that the company takes safety precautions during fire
accidents injuries.
Interpretation-
As per the survey 100% of the employees told that the company takes the safety
measures during the fire accidents.
HIGHLYt AGREE 40
AGREEi 40
DO NOT AGREEt 0
Analysis -
50% of the employees told that they highly agree that the welfare benefits
provides motivational factor and 50% of the employee told they agree with the benefits
provide motivational factor.
Interpretation-
As per the survey 50% of the employees are highly agree to the welfare benefits
provide by the company acts as the motivational factor.
CHAPTER-5
FINDINGS:
1.It was found that 81% of the employeeseare satisfiedywith the company ventilation and
environmentuin the working area.
2.It was found that the company takes suggestions or opinions from them.
3.63%tof the employees are satisfied with the work place environment.
4.Mostuof theorespondents are satisfied with over all medical facilityuprovided.
5. 72% of the employees areisatisfied withithe health and safety facilities of the
company.
SUGGESTIONS:
1.Thermanagement has tooimprove the quality of theofood which is one of the mainly
important essential amenities and ityhelps to satisfy the employees.
4.I would like to suggest to provide tissue paper and hand dryer for employees after
washing hands in wash room.
5.I would like to suggest that the management should say the HR department to maintain
the employees strictly follows the safety measures during the work.
Thus I can say that satisfaction for employee welfare facility is of important to
any organisation as it helps in the effective and efficient working of the
organisation. It helps in the growth and improvement of the organisation.