PROJECT REPORT
ON
“STUDY AND UNDERSTAND THE LABOUR WELFARE AND
SOCIAL SECURITY MEASURES IMPLEMENTED IN BAJAJ
STEEL INDUSTRIES LTD.,NAGPUR”
submitted to Rashtrasant Tukadoji Maharaj Nagpur University in
partial fulfillment for course in MASTER OF BUSINESS
ADMINISTRATION (MBA) course specialization
Human Resource Management
Prepared by:
Ashwini.S.Vidhate
Guide:
Prof.Samruddhi Dhote
2010 - 2011
NIT GRADUATE SCHOOL OF MANAGEMENT
Survey No. 13/2, Mahurzari, Katol Road, Nagpur – 441501
CERTIFICATE
This is to certify that the project report titled “STUDY AND UNDERSTAND
THE LABOUR WELFARE AND SOCIAL SECURITY MEASURES IMPLEMENTED IN
BAJAJ STEEL INDUSTRIES LTD,NAGPUR ” is bonafide work of Ms Ashwini
.S.Vidhate student of M.B.A. (Class of 2011), NIT Graduate School of
Management / Nagpur Institute of Technology, Department of Management
Studies in partial fulfillment of course in Masters of Business Administration
(M.B.A).
Prof. Dr Y Mohit Kumar
Project Guide (Director)
NIT Graduate School of Management
APPROVAL OF PROJECT PROPOSAL
Name of Student : - Ashwini Shankar Vidhate
Enrollment Roll No : - RTMNU/A10/4477
College : - NIT Graduate School Of Management
Address of Student : - Sadhankarwadi wani,Tq-Wani Dist-Yavatmal
Title of Project : - Study and understand the Labour welfare and
social security measures implemented in Bajaj Steel
Industries Ltd,Nagpur
Subject Area : - Human Resource Management
Name of Guide : - Prof.Samruddhi Dhote
Ms Ashwini.S.Vidhate
Student
Prof. Dr Y Mohit Kumar
Faculty & Guide Director
DECLARATION
I Ashwini. S. Vidhate hereby declare that the project report entitled, “Study and
understand the labour welfare and social security measures implemented in
Bajaj Steel Industries Ltd.,Nagpur ” which is being submitted by me in partial
fulfillment of semester fourth is a bonafide record of work exclusively carried by
me. It is the result of my work and the same has not been previously submitted to
any examination of this or any other university.
The source of material and information used in this research study has been duly
acknowledged and certified.
I hereby confirm that this project truly represents the work undertaken by me. This
project is an outcome of thorough research.
Ashwini s. Vidhate
NIT Graduate School of Management
ACKNOWLEDGEMENT
Every project big or small is successful largely due to the effort of a number of
wonderful people who have always given their valuable advice or lent a helping hand. I
sincerely appreciate the inspiration; support and guidance of all those people who have
been instrumental in making this project a success.
I, the student of NIT Graduate School Of Management Nagpur , am extremely
grateful to “Bajaj Steel Industries Ltd, Nagpur.” for the confidence bestowed in me and
entrusting my project entitled “Study & Understand the labour Welfare & Social
Security Measures Implemented in Bajaj Steel Industries Ltd., Nagpur, for the period
March-April 2011” with special reference to Bajaj Steel Industries Ltd, Nagpur.
At this juncture I feel deeply honored in expressing my sincere thanks to Mr.
Deepak Goneka (Personnel Manager) for making the resources available at right time and
providing valuable insights leading to the successful completion of my project.
I express my gratitude to Dr. Y Mohit Kumar, Director, NIT Graduate School Of
Management, Nagpur for arranging the summer training in good schedule. I also extend
my gratitude to my Project Guide Ms. Samruddhi Dhote, & Co-Guide Ms. Ruchi Sao,
Faculty NIT GSM, Nagpur who assisted me in compiling the project.\
I would also like to thank all the faculty members of NIT GSM. Nagpur for their
critical advice and guidance without which this project would not have been possible.
Last but not the least I place a deep sense of gratitude to my family members and
my friends who have been constant source of inspiration during the preparation of this
project work.
Ashwini S. Vidhate
NIT Graduate School of Management
PREFACE
Student life is a constant process of learning. It aims at developing a student’s overall
personality, creativity and innovation. Learning includes both theoretical and practical
aspects. Theory can be understood only through practical work. This project is a
practical fieldwork, which has taught us many things including field study.
Rapid industrialization and urbanization have made employee dependent on
capitalists. Inflation has made their lot poor and they find it difficult to maintain their
standard of life. In such a situation Employee welfare facilities enable employee to
live a richer and more satisfactory life.
Employee welfare is in the interest of the employee, employer and the society as a
whole. For the employee, welfare measures help to counteract the negative effect of
this board. These measures enable the employee and his family to lead a good life.
Welfare facilities like housing, medical, and children’s education, recreation, etc help
to improve the family life of employees. For the employer, welfare measures lead to
higher moral and productivity of labour. Employee welfare is also in the interest of
the larger society because the health, happiness and efficiency of each individual
represent the general well being of all. The project is entitled “Study & Understand
the Labour Welfare & Social Security Measures Implemented in Bajaj Steel
Industries Ltd., Nagpur.” is undertaken to study the important aspect of Human
Resources.
TABLE OF CONTENTS
Sr. No. Contents Page No.
1. Introduction 1
2. Company Profile
3. Research Methodology
4. Data Collection
5. Data Analysis
6. Conclusions & Suggestions
Bibliography
Annexures
