“A CASE STUDY OF VITTHALRAO SHINDE SAHAKARI SAKHAR KARKHANA LTD.PIMPALNER ,SOLAPUR” Submitted to THE DIRECTOR, YASHWANTRAO CHAVAN MAHARASHTRA OPEN UNIVERSITY, NASHIK In partial fulfillment of the award degree of MASTER OF BUSINESS ADMINISTRATION (MBA) (P79PR) Submitted by Mr. SHIVAII SHRIRANG PETKAR PRN.No: 2021017000344346 M.B.A. 2nd year Under the Guidance of Dr. Kadam Gajanan Ganeshrao (M.A, MPhil, Ph.D., SET in Economics) ‘yori waht ARTS ,SCIENCE & COMMERCE COLLEGE INDAPUR -413106 DIS.-PUNE , MAHARASHTRA ‘STUDY CENTER CODE-6319A 2022-2023Yashwantrao Chavan Maharashtra Open University, Dnyangangotri, Near Gangapur Dam, Nashik 422222 youre MBA = General (P79) PROFORMA FOR SYNOPSIS (USE CAPITAL LETTERS ONLY) ren, EPP EP EP PR i PE 1. Name of the Student:_SHIVAJI SHRIRANG PETKAR, — 2. ContactNo. :_ 7066922755 3. Email id:_petkarshivajisp@gmail 4, Study centre Name : Indapur 5. Study centre Code:_6319A ——= 6. Title ofthe Project: “A CASE STUDY OF VITTHALRAO SHINDE SAHAKARI SAKHAR, KARKHANA. LTD.PIMPALNER ,SOLAPUR” 7. Name of the Supervisor: DR. Kadam Gajanan Ganeshrao (M.A., MPhil, Ph.D., SET in Economics) 8, Specialization: Human Resource Management 9. Address of the Supervisor RCE COLLEGE, INDAPUR DIS- PUNE 4) Email: gajukadam81@gmail.com Contact No. : 7588153464 10,1s the Supervisor an Academic. Yes Programme of YCMOU 11. If Yes, Name of StudyCentre and the courses / he / she is counselling for and since when: OCT. 2008, fetkats:<: Signatare of Student Faure of Supervisor Date 2023 Date: / 02/2023, Please do not forget to enclose the synopsis.Title of the Project “A CASE STUDY OF VITTHALRAO SHINDE SAHAKARI SAKHAR KARKHANA LTD.PIMPALNER ,SOLAPUR” A. INTRODUCTION- The sugar mill (VSSSKL) Is registered as @ Co-Operative Society vide Registration No. ‘SUR/MADH/PRG/(A), $90/1999 dated 21/05/1999. It is one of the progressive sugar mill in the Solapur district and has achieved excellent results since its establishment. The sugar mill is very progressive, achieved best technical performance and expanded its capacity in short time span under the able guidance of Founder Chairman Hon. Shri. Babanrao Vitthalrao Shinde (MLA). The initial installed crushing capacity of the sugar rill was 2500 TCD & the first crushing season was conducted in the year 2001-02. Based con increasing availability of sugarcane in area of operation, the sugar mill has expanded its crushing capacity from 2500 TCD to 3500 TCD in 2007-08, from 3500 TCD to 6000 TCD in 2012-22 and from 6000 TCD to 8500 TCD in 2014-15. VSSSKL has also installed a 38 MW cogeneration plant, B. Rationale The rating has been removed from Credit Watch with Developing Implications and ‘Negative’ outlook has been assigned on account of expectation of tightly matched cash accruals vis-avis debt repayments as well as reporting of lower than envisaged profitability in FY22 resulting in inferior than envisaged debt coverage indicators. The rating derives strength from experienced promoters with long track record, healthy scale of operations and moderate profitability, moderate capital structure and debt coverage indicators, incremental benefits from integrated nature of operations, power purchase agreement providing long term revenue visibility and Government support to sugar industry, fiscal benefits with soft loans, threshold sugar realisations and cane procurement cost. The rating is however constrained by working capital intensive operations, exposed to vagaries of nature, exposure to risk related to government regulations and cyclical nature of the sugar business. . OBJECTIVES 1, Tostudy company's performance appratsal system. 2. To study in detail the impact of performance appraisal as 2 motivational strategy on the employees of vitthalrao shinde Sahakari Sakhar karkhana Ltd.Pimpalner Solapur3. To analyze the effectiveness of the performance appraisal feedback system of vitthalrao shinde ‘Sahakari Sakhar karkhana Ltd. Pimpalner Solapur D. Hypotheses- Performance appraisal has a significant impact on employee motivation E._ RESEARCH METHODOLOGY- ‘The methodology of the study is based on the primary as well as secondary data. The study depends mainly on the primary data collected through a well-framed and structured ‘questionnaire to elicit the well-considered opinions of the respondents. The study is confined to the Director, HR Manager and 42 managers and executives of vitthalrao shinde Sahakari Sekhar karkhana ltd.Pimpalner Solapur, Pimplener, Solapur. A 2-test is used by first calculating the population standard deviation, ‘sample mean and standard error of the mean. The variables are denoted as below Direct Variable: Performance Appraisal Indirect Variable: Employee Motivation F, EXPECTED CONTRIBUTION \VSSSKL is contributing to change the Social & economic environment of the area [EPE is based on salary in private companies, with salary equaling Basic + DA (Deamess Allowance). ‘Typically. EPF contributions are 12% of salary ‘Your employer is also expected to contribute 12%. Employee Provident Fund (3.67%). Employee Pension Scheme (83.33%) (EPS) In addition, the employer must pay an additional 1% charge. Employee Deposit-Linked Insurance at 0.5% (EDL G. CHAPTERIZATIcnapreR CHAPTER NAME : 1. 2 3. — 4 5. 6. EXPECTED CONTRIBUTION 7. ‘cHaPTERIZATION. - 8. Bibliography 9. REFERENCES a H. Bibliography BOOK- Antur, Diane. The Reeruement ana Retention Honedoot, (New Yors: AMACOM, 2001) Aran, Diane. Recruring, Incerviewing, Seiscting ane One AMACOM, 2008). no Naw Empiayeos, (ten E Basees, Ros 1: Partormence Management. (New Yor: MeGraw-Hh, 1999), Vestas Shenae Sinus senar Karunana Limaes = Intomenes |. REFERENCES: 1) Agarwal P. K. (2005), “Water Management & Waste water recycling in Sugar Industry for Zero Pollution”, Proceeding of 8th Joint Conv. of Three Associations, pp. 32 ~62. NOVATEUR PUBLICATIONSInternational Journal of Research Publications in Et ‘ublications in Engineering and Technology (URPET] ISSN: 2454-7875 VOLUME 3, ISSUE 9, Sep. -2017 18 | Page 2) Anon (2000), “Water Management in Sugar Factory”, Manual of Training Program on Waste Water Management in Sugar factory, Conducted by VSI, Pune, pp. 30 ~ 49. 3) Ashwani Kumar (2003) Handbook of waste Management sugar Mills and Distilleries, 4) Baban Gunjal and Aparna Gunjal (2023), "Water Conservation in Sugar Industry’, Journal of Nature Environment and Pollution Technology, Vol. 12 No. 2, pp. 325 ~330. 5) Deshmukh G K and Sonaje N P (2017): “Water Conservation in Sugar Industry: A Case Study of Lokmangel Sugar, Ethanol and Co-generation Industries Ltd., Bhandarkavathe'”, paper published in International Journal of Innovations in Engineering Research and Technology (UIERT), Vol. 4, Issue 8, pp. 20-28. 6) E. Hugot, “Handbook of Cane Sugar Engineering” 7) Gunjal (2013), "Water Conservation in Sugar Industry", Nature Environment and Pollution Technology, Vol. 12, pp. 325-330. 8) Hulett D. J. L. (1970), “Water Conservation in Sugar Mills", Proc. Of the South African Sugar Tech. Association, pp. 57 ~59. 9) Kumana (1996) "Water Conservation and Wastewater Minimisation through Process Integration”, Paper 57m at SthWorld Chem Eng Congress, San Diego.” Petkats-s. Signature of Student Signature of Supervisor Mr. SHIVAJI SHRIRANG PETKAR Dr. Kadam Gajanan Ganeshrao PRN.No: 2021017000344346 Date9)/02/2023 Date:9 /02/2023 Place- Indapur Place- indapurDr. Kadam Gajanan Ganeshrao (M.A., MPhil., Ph.D., SET in Economics) Assistant Professor & Head, Department of Banking end Finance, Arts, Science and Commerce College, Indapur Dist. Pune ‘Date of Birth: 12* Aug 1981 E-mail: gajukadam81@email.com Mobile: 7588153464 ‘Teaching Experience: ) 2) 3) ‘Working as an Assistant Professor in Economics at Arts, Science and Commerce College. Indapur Dist. Pune ( 1* July2009 to till date) Worked as an lecturer at S.P. College, Pune (24% July 2004 to 30* June 2009) Worked as a visiting faculty at Shivaji law College, Pune ( 14% July 2007 to 17* 2008) Academic Excellence /Awards! Prizes: » 2» 3 4) 5) 8) 7 Recognized as Research guide for Ph.D. (Econo: University. Recogitized as Research guide for MPhil. (Economics) by Savitrbai Phule Pune University, Recognized as Project guide for MBA by Yashwantrao Chavan Maharashtra Open University, Nashik ‘Awarded Teacher Fellowship in 12 Plan Under FIP (Faculty Improvement Programme) ByUGC. Recognized as Post Graduate teacher by Savitribai Phule Pune Universi Stood 2nd in the order of Merit in M.A. Economics examination, University of Pune, Pune Completed foundation course in statistics & Mathematics for Economics from Dept. of Economics, S.P. College. Pune in the year 2003-04.» » Technical Knowledge: Completed" C.C.C.”* (Course in Computer Concepts) from " DOEACC SOCIETY Tcan use the Statistical software's like SPSS (Statistical Package for Social Sciences). 1 can also do the general mathematical and statistical operations for social sciences research in MS-Excel Ph.DJ/M-Phil. PhD. topie: "A Study of Various agricultural Development schemes and their impact on ‘Vidarbha region of Maharashtra State (Special Study of Yavatmal District)" under the supervision of Dr. Kailas N. Bavale, Director, Inspire Academy, Pune. MPhil. issertation: "Critical evaluation of Policies suggestion to deal with the problem of farmer suicide (Special reference to Yavatmal District)" under the supervision of Dr. Kailas N. Bavale, Director, Inspire Academy, Pune. Research Project: ‘A minor research project was sanction on “Socid-Economic Development of 20 Villages of Indapur taluka with Special reference to period from 200Sto 2011” sponsored by BCUD, Savitribai Phule Pune University, Pune. ‘Member of Professional Societies: 1) Life time member of Indian Economie Association. 2) Life time member of Marathi Arthashastra parishad. 3) Life time member of Marathwada Arthashastra parishad. Resource Person: Resource person in One Day University level seminar on “Economic policies & Suicides of Agriculture farmer” at Shiv Chatrapati Arts & Commerce College, wadgaon (Pune) on 10th February 2011. Publications: 1) Book: Published book on Macro Economies for M.A. (Economics) at Savitribai Phule Pune University, Pune. Published book on Banking & Finance for F.Y.B.Com at Savitvibai Phule Pune University, Pune.2) Public itions in Journal: © 1) Dr. Gajanan Kadam (January 2022) ‘Role of e-banking in Economy development of India’ Purana, (UGC CARE) Vol LXIV No 1 (Ill), 0555-7860. 2) Mr. Ashvin Shukla, Dr. Gajanan Kadam (January 2022) ‘Impact of inflation on FDI inflows in G-7 Countries and India’ Purana, (UGC CARE) Vol LXIV No 1 (iD) 0555-7860. 3) Dr. Gajanan Kadam (December 2021) ‘Effectiveness of Employment Training and Development Programme at Dudh Ganga Sahekarri Dudhutpadak Sangh limited Indapur Dist.Pune* Education Today Vol XI Number 8, ISSN2229-5755. 4) Dr. Gajanan Kadam (Ocober 2021) ‘Nationalization and Revitalization impact > the context of Indian Banking Industry’ Ajanta multidisciplinary Research Journal, Vol X Issue IV, ISSN 2277-5730. 5) Dr. Gajanan Kadam, Mr.’ Sagar Bhosale (June 2021) “A Study of ‘National Agricultural Insurance Scheme in Indapur Tehsil Dist. Pune’ Journal of Research and Development, ISSN 2230-9578. 6) Dr. Gajanan Kadam (February 2021) and Medium Industries’ Strad Research (UGC CARE) Volume 8, 2049. 2) Dr. Gajanen Kadam (March 2020) ‘Role of Primary Agriculture Cooperative Credit Societies (PACS) in the Development of Agriculture Sector in India’ Studies in Indian Place Names (UGC CARE) Vol-40-Issue-64, ISSN 2394-3114 8) Dr. Gajanan Kadam (Mareh 2020) ‘An Overview of Agriculture Sector in the era of Globalization’ Scholarly Research Journal for Interdisciplinary Studies Special issue ‘V- 8/44 PP- 117-123, ISSN2319-4766.. 9) Dr. Gajanan Kadam (February 2019) “Problems, barrier and opportunities of small entrepreneurs is Indapur taluka’ Research Journey Intemational Multiisciplinary Journal, Impact Factor 6.261, Volume- 1, Issue-107, [SSN 2348-7143. 10)Dr, Gejanan Kadam (January 2019) ‘Role of Cooperative bank in Agriculture ‘Credit: A Study based on Nanded District of Maharashtra State’ Research Journey International Multidisciplinary Journal, Impact Factor 6.261, Volume- 1, Issue-89, ISSN 2348-7143. 11)Dr. Gajanan Kadam (December 2018) ‘The Roll of Soft Skill in the Development of Human Resource’ Ajanta Intemational Multidisciplinary Peer Reviewed Journal, Volume- 7, Issue-04, ISSN 2277-5730. 12)Dr. Gajanan Kadam(August 2018) ‘An Analytical Study of Recruitment Process adopted by HR Remedy India.Pune’ Review of Research International online Multidiseiplinary Journal, Impact Factor 5.7631(UIF), Volume- 7,Issue-I1, ISSN 2249-894X. “A Study of Labour Welfare initiative at small ue 2, ISSNO039-13) Ms Gajanan Kadam (August 2017) * A Study about Problems of Pomegranate Producing farmers in Nimgaon Kitaki Village’ Printing Area International Multidisciplinary Research Journal, Vol- 01, Issue-32, [SSN 2394-5303. 14) Dr. Gajanan Kadam (December 2017) ‘A Study about Socio Economic Changes due to Fisheries Business (Special Ref. Kandalgaon Tal. Indapur Dist. Pune)’ Review of Research Intemational online Multidsciplinary Joumal, Impact Factor $.2331(UIP) Volume- 7,Issue-3, ISSN 2249-894X. 15)Dr. Gajanan Kadam (July 2016) * Implementation of Agricul ‘Scheme in Yavatmal District’ Sahakari Maharashtra, Journal Volume-9,issue-9, Is! 0972-3218/2000 16) G.G. Kadam (January 2015) Arthasauvad, Journal of the Marathi Arthasha 0973-8452. 17)G.G. Kadam & Dr. Kailas Bavale (Nov ‘Maharashtra State and Vidarbha Region’ Journal of Social Gr ISSN 2229-6190. 18) Published research article on development Schemes’ in Interns I Issue 10 ISSN 2231-4687. 19) G.G. Kadam & Dr. Kajlas Bavale (July 201. agriculture development schemes, Vadgaon Vidya, Journal of Commerce & Management Thought, 0975-623X. 20) G.G. Kadam (July 2012)' Farmers Suicide in Yavatmal district’, Arthasauvad, ournal ofthe Marathi Arthashastra parishad, Volume 36, Issue ISSN 0973-8452. ture Development SN- ‘Position of Agriculture Sector in Rural Development, stra parishad, Volume 38, Issue 4,1SSN 2014) 'A Study of Regional Disparities in irowth, Vol. 11, Issue VIE + Gase Study on implementation of Agriculture tional Journal of Management and Economics. Vol 3)" Case study about implementation of (Ghenand) tal. Khed Dist. Pune’ Vanijya Pune, volume 2, issue 3. ISSN 3) Publications in conference Proceeding: 1) Published Research article on ‘A Study about Revent trends in Indian Banking facilities? at Atrs, Commerce and Science College, Narayangaon Dist. Pune on 6 *& 7 January 2018. ISBN : 978-93-87317-99-4, 2) Published research article on ‘Implementation of Agriculture development Schemes In Nimgaon Kataki Tal. Indapur Dist. Pune’ in State level conference on Challenges an Rural Development in India’ at Shri Dayaneshar Mahavidyalaya, Newasa Dist. Ahmednagar. [SBN 978-93-5 158-576-3. 3) Published research article on 'A Study on Selected Agricultural Development Schemes & their impact on Yavatmal District’ in International Conference onCommenee, Management & social seienees at Pune, Volume 1, Issue (1D, 21 Dee QO ASSN 277-00. fr Place ~ javlarar Dist-fume Wr ae Mate ~ glo aos oof > Cow. Kadam Gajeron Genes")