A STUDY ON EMPLOYEE WELFARE MEASURES With reference to VISHAKHAPATNAM STEEL PLANT RINL submitted BY SAMUEL PAUL (REGISTER.

NO:110250402083) Under the guidance of

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PROFILE OF RINL (VISAKHA STEEL PLANT)

To meet the growing domestic needs of steel, Govt. of India

decided to set up an integrated steel plant at Visakhapatnam. An agreement was signed with erstwhile USSR in 1979 for cooperation in setting up 3.4 Mt integrated steel plant at Visakhapatnam. The foundation stone for the plant was laid by the then prime minister on 20th January 1971.

The project was estimated to cost Rs. 8397.28 Based on process

as on 4th quarter of 1981. However, on completion of construction and commissioning of the whole plant in 1992, the cost escalated to around Rs.8,500 Cr. unlike other integrated steel plant in India, Visakhapatnam steel plant (VSP) is one of the most modern steel plant in the country. The plant was dedicated to the nation on 1st August 1992 by the then prime 4/2/12 minister, shri PV Narsimharao.

Introduction
The oxford dictionary defines "Labour welfare as efforts to make life worth living for workmen".

Employee Welfare Measures is very important to any industry to

survive the company, and to growth & development of the company. Industrial relations depending on employees welfare in any organization.

A worker need to be satisfied regards his culture and living

environment.

Hence the imperative needs to provide a welfare services to satisfy his personal and family needs is felt.
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WELFARE Factories Act, 1948. MEASURES

Mines Act, 1952 Workmen's

STATUTORY

NON STATUTORY

WELFARE MEASURES Medical Facilities to Employees and their spouses.

Educational facilities.

Compensation Act 1923.

Maternity benefits Act,

Scholarship to the

1961.
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meritorious children of employees of VSP.

Housing facilities.

State

(Provided Quarters to

OBJECTIVES OF THE STUDY

1. To
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understand various

METHODOLOGY:
PRIMARY SOURCES The primary source of data is applied for getting the required and relevant information directly form the department heads and in the course of discussion with Executives. The following are the data collected through primary sources.
Type of welfare measures provides under

Visakhapatnam steel with the employee and questionnaires.

plant/RINL. through

About the course covered through discussion

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FRAMEWORK OF THE STUDY

v Chapter 1 consists of Nature& scope of

study, objectives of study, research design, limitation of study, methodology.

v Chapter 2 deals with organization profile,

company introduction, company vision and mission, functional department.

4/2/12 v Chapter 3 consists of theoretical frame work

Analysis
Response s as arrived at for all subjects

almost everyone has agreed that it is the responsibility of management to take care the welfare of employees agreed to the statement that it will be difficult to entered all welfare measure.

More than 29% of the subject have not

Around 27% of the subject could not response

in any manner weather VSP is entering more benefits than the stationary requirements more than 62%of the subject felt that non4/2/12

FINDINGS:
Out of above analysis studied out of the following are the findings. 1.Majority of the employees have a clear view over the concept of welfare. 2.The employees are able to differentiate the statutory welfare and non-statutory measures. 3.Many of the employees have a clear view with respect to the impact of welfare measures over the production and productivity. 4/2/12

INFERENCES
As per analysis of data and interpretation the

following inferences can be had.

1.Management of VSP had be extending satisfactory welfare measures to both employees and contract labor. 2.Management with an open mind has been considering the different measures and also taking view of the representative of employee 4/2/12 in this regard.

BIBLIOGRAPHY

VSP Personnel Manual VSP Welfare Documents

TEXT BOOKS
Personnel Management by Arun Monappa, Tata Mc

Graw-HILL.
Dynamics of Industrial Relations in India, Dr. C B

Memoria, Himalaya Publication.

JOURNALS
Iron & Steel Technology, Association for Iron & Steel
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