Name of the student

Yerramsetty Venkata Rama Naidu

Registration Number

115204302021

College Name

Andhra University Vizianagaram

Branch Name

HR & Marketing

Proposed Project Topic :

Human Resource and Industrial Resource

Name of the Department :

HR

Introduction of RINL VSP :

Visakhapatnam Steel Plant, popularly known as Vizag Steel, is an integrated steel
producer in Visakhapatnam, India built using German and Soviet technology. Its products have
been rated[the best in the world market. The company has grown from a loss-making industry to
3-billion-dollar turnover company registering a growth of 203.6% in just four years. Vizag Steel
Plant was conferred Navratna status on 17 November 2010. Founded in 1971, the company
focuses on producing value-added steel, with 214,000 tonnes produced in August 2010, out of
252,000 tonnes total of salable steel produced. It is the largest single site plant in India and Asia
minor (or south and east Asia combined).
On 17 April 1970, the then Prime Minister of India, the late Indira Gandhi, announced the
government's decision in the Parliament to establish a steel plant at Visakhapatnam. Planning
started by appointing site selection committee in June 1970 and subsequently the committee's
report was approved. On 20 January 1971, Gandhi laid the foundation stone of the plant.
Consultants were appointed in February 1971, and feasibility reports were submitted in 1972.
The first block of land was taken over on 7 April 1974. M/s M.N. Dastur & Co was appointed as
the consultants for preparing the detailed project report in April 1975 and in October 1977 they
submitted a proposal for 3.4 Mtpa of liquid steel. With the offer for assistance from the
government of the erstwhile USSR, a revised project evolved. A detailed project report for a
plant with a capacity of 3.4 Mtpa was prepared by M/s M.N. Dastur & Co in November 1980. In
February 1981, a contract was signed with the USSR for the preparation of working drawings
of coke ovens, blast furnace and sinter plant. The blast furnace foundation was laid, with first
mass concreting, in January 1982. The construction of the local township was also started at the
same time.
In the 1970s, Kurupam Zamindars donated 6,000 acres of land for Vizag Steel Plant. A
new company Rashtriya Ispat Nigam Limited (RINL) was formed on 18 February 1982.
Visakhapatnam Steel Plant was separated from SAIL and RINL was made the corporate entity of
Visakhapatnam Steel Plant in April 1982.
Infrastructure

Coke Ovens and Coal Chemical Plant

Sinter plant

Blast furnace

Steel Melt Shop and Continuous Casting

Light and Medium Merchant Mill

Wire rod mill and steel melt shop

Introduction to project

Aim :
The aim of Human resource and industrial relations is to effectively use the people to
achieve organizational and individual goals and relations between the workers, managers and
government.

Objective :
The primary objective of HRM is to ensure the availability of right people for right jobs
so as the organizational goals are achieved effectively.
This primary objective of HRM can further be divided into the following sub-objectives:
1. To help the organization to attain its goals effectively and efficiently by providing competent
and motivated employees.
2. To utilize the available human resources effectively.
3. To increase to the fullest the employees job satisfaction and self-actualization.
4. To develop and maintain the quality of work life (QWL) which makes employment in the
organization a desirable personal and social situation.
5. To help maintain ethical policies and behavior inside and outside the organization.
6. To establish and maintain cordial relations between employees and management.
7. To reconcile individual/group goals with organizational goals.
The primary objective of industrial relations is to maintain and develop good and healthy
relations between employees and employers or operatives and management. The same is subdivided into other objectives.
Thus, the objectives of IR are designed to:
1. Establish and foster sound relationship between workers and management by safeguarding
their interests.
2. Avoid industrial conflicts and strikes by developing mutuality among the interests of
concerned parties.

3. Keep, as far as possible, strikes, lockouts at bay by enhancing the economic status of workers.
4. Provide an opportunity to the workers to participate in management and decision making
process.
5. Raise productivity in the organization to curb the employee turnover and absenteeism.
6. Avoid unnecessary interference of the government, as far as possible and practicable, in the
matters of relationship between workers and management.
7. Establish and nurse industrial democracy based on labour partnership in the sharing of profits
and of managerial decisions.
8. Socialize industrial activity by involving the government participation as an employer.

Scope
The scope of HR is indeed vast. They can be summarized as

Procurement
Training and Development
Job analysis and Job Description
Remuneration
Personnel Records
Welfare and industrial Relations

The Scope of IR is

Maintenance of industrial peace and avoidance of industrial strife.

Development and growth of industrial democracy.
Labor relations, i.e., relations between labor union and management.
Employer-employee relations i.e. relations between management and employees.
The role of various parties viz., employers, employees, and state in maintaining
industrial relations.
The mechanism of handling conflicts between employers and employees, in case
conflicts arise.

Research Methodology