A

PROJECT REPORT

ON

INDIAN FARMER FERTILIZERS

CO-OPERATIVE L IMITED.

KALOL UNIT.

(IFFCO)

SUBMITTED TO : -

V. M. PATEL COLLEGE OF MANAGEMENT STUD IES

GANPAT V IDHYANAGAR , KHERVA .(G A N P A T U N I V E R S I T Y )

PREPARED BY : -

P A T E L S N E H A . M

F . Y . B . B . A ( C }

R O L L N O : - 172

E X A M N O : -

V.M. PATEL COLLEGE OF MANAGEMENT

STUDIES ,

GANAPAT V IDHYANAGAR , KHERVA

( GANPAT UNIVERSITY )

C E R T I F I C A T E

Th i s i s ce r t i f y tha t M I S S . P A T E L SN E H A . M

s tuden t o f F . Y . B B A (C ) ro l l no:172,exam

no:_ _ _ _ _ _ _ _ has success fu l l y comp le ted h i s pro jec t

wo rk on i ndus t r i a l t r a in ing du r ing the yea r 2004-

2005.

DA T E : -

P L A C E : -

PR I N C I P A L : -

FA C U L T Y ME M B E R : -

P R E F A C E

I ndus t r i a l v i s i t i s a necessa ry pa r t o f B . B . A .

p rog ramme. Th i s v i s i t i s u se fu l f o r B . B . A . s tuden t .

I n th i s p rog ramme we have to v i s i t a t l eas t th ree

i ndus t r i e s , f i r s t l a rge sca le , second med ium sca le ,

and th i rd sma l l s ca le , du r i ng th i s yea r 2003 -2004 .

I have se lec ted I F F C O f o r t r a in ing . Wh i ch i s

we l l f amous I F F C O i n th i s c i t y . The re i s a on l y

i ndus t r i e s wh i ch can ge t s cons tan t s tand on ly c i t y .

We a l l know tha t the p ro f i t marg in o f f e r t i l i z e r s i s

ve ry h igh . I have v i s i t I F F C O . I t was a ve ry good

expe r i ence f o r me to l ook a t the p rac t i ca l s i de o f

t he bus iness .

I have p repa red repo r t abou t va r i ous

depa r tment o f company . P roduc t i on depa r tment ,

Ma rke t i ng depa r tment , F i nance depa r tment ,

Pe r sonne l depa r tment .

A C K N O W L E D G E M E N T

P rac t i ca l t r a in ing i s one o f t he h igh l i gh t s o f B .

B . A . cou r se . I he re by take the oppor tun i t y t o

thank fu l a l l o f t hem spec ia l l y . I a l so thank fu l t o

the compan ies f o r the i r gu idance and ass i s tance

spa r ing the i r va luab le t ime d i s cuss ing the seve ra l

a spec t o f Mg t .

And l a s t l y I a l so exp ress my hea r t f e l t t hank

to some o f my re l a ted member c l a ssmates who

were a cons tan t sou rce o f encou ragement t o me .

F i r s t o f a l l I wou ld l i ke t o thank ou r hono rab le

p r i nc ipa l M R . K R I S N A K A N T C H U D A S M A who w i l l p rov ide

me the pe rm iss i on f o r the i ndus t r i a l v i s i t . I wou ld

a l so l i ke t o thank ou r k i nd p ro fesso r name ly M R .

V I P U L P A T E L & M R . M A U L I K P R A J A P A T I , who he lped me

a l o t no rma l l y and p rov ided us w i th a l l a cademic

and o the r i n fo rmat i on

M A N A G E R S : -

1 M R . M A H E N D R A C H A V A D A . Ch ie f manager t rg .

Depa r tment .

2 M R . R .K . D U B E Y . S r .Manager t rg depa r tment

3 M R . S U N I L D E – Mgr o f t rg . Depa r tment

Thank ing you

P A T

E L S N E H A . M

F .

Y . B . B . A ( C )

INDIAN FARMER

FERTILIZERS

CO-OPERATIVE

LIMITED,

KALOL.

I N D E X

1 . T H E C O M P A N Y

H I S T O R Y A N D D E V E L O P M E N T

G E N E R A L I N F O R M A T I O N

B O A R D O F D I R E C T O R

O R G A N I Z A T I O N A L S T R U C T U R E

2 . M A T E R I A L D E P A R T M E N T

3 . M A R K E T I N G D E P A R T M E N T

4 . F I R E S & S A F E T Y D E P A R T M E N T

5 . P E R S O N N E L D E P A R T M E N T

6 . P R O D U C T I O N D E P A R T M E N T

7 . F I N A N C E D E P A R T M E N T

8 . C O N C L U S I O N

H I S T O R Y A N D D E V E L O P M E N T

The fu l l f o rm o f I FFCO i s IND IA FARMERS

FERT I L ISER CO-OPERT IVE L IM ITED . Th i s un i t i s

sp read ove r on 96 hec to r s o f l and i s l o ca ted 26

Kms . Away f rom Ahmedabad - Mehsana s ta te

h ighway nea r Ka lo l . Th i s p l an t i s t he f i r s t p l an t o f

I FFCO wh i ch i s e s tab l i shed i n 1967 reg i s te r on 3 r d

November , 1967 and s ta r ted on Ap r i l 1975 as

mu l t i p l e un i t Co -ope ra t i ve soc ie ty . I t was bu i l t a t

a cos t Rs . 71 .2 c ro res .

The un i t cons i s t s o f p l an t s t o p roduce

ammon ia , u rea , l i qu id CO2 and d ry i ce a l ong w i th

o f f s i t e f ac i l i t i e s p l an t have been revamped i n

1997 to enhance capac i t i e s t o 1100 tpd . U rea

wa te r i s supp l i ed by G IDC f rom i s bo re we l l s

i n s ta l l ed a round the un i t and power i s supp l i ed by

Gu ja ra t E l ec t r i c i t y Boa rd . App rox imate l y 800

emp loyees a re work ing i n the un i t .

I FFCO i s the f ede ra t i on o f 36144 Co -ope ra t i ve

Soc ie t i e s . The p roduc t i on reco rd o f i f f co i s ve ry

exce l l en t .

P R O D U C T A N N U A L C A P A C I T Y ( L A K H T O N E S )

Ammon ia 3 .63

Urea 5 .445

The to ta l p roduc t i on capac i t y o f i f f co i s 56 .63

L / t ones o f f e r t i l i z e r

I FFCO has won seve ra l awards f r om the

Fe r t i l i z e r Assoc ia t i on o f I nd ia ( FA I ) Na t i ona l

P roduc t i v i t y Counc i l Na t i on and I n te rna t i ona l

Sa fe ty counc i l f o r ou t s tand ing p roduc t i on

pe r fo rmance and i n sa fe ty measu res .

G E N E R A L I N F O R M A T I O N

Name o f the company

I nd ia Fa rmers Fe r t i l i z e r Co -ope ra t i ve L td .

( I FFCO-KALOL UN IT )

o Address : -

P .O .Kas tu r i Naga r ,

D i s t . Gandh inaga r

Gu ja ra t – 382424

o Reg i s te red O f f i ce : -

34 , Neh ru P l ace

New De lh i – 110019

o S i ze o f t he un i t : -

La rge sca le i ndus t ry

o Cons t i t u t i on : -

Co -Opera t i ve L td .

o Date o f i nco rpo ra t i on : -

3 r d November , 1987

o Date o f Commencement : -

5 t h November , 1974

B A N K E R S : -

I N D I A O V E R S E A S B A N K

S T A T E B A N K O F I N D I A

B A N K O F B A R O D A

S T A N D A R D C H A R T E R E D B A N K

T H E M A H A R A S T R A S T A T E C O - O P E R A T I V E B A N K L T D .

T H E W E S T B E N G A L S T A T E C O - O P E R A T I V E B A N K L T D .

M A D H Y A P R A D E S H C O - O P E R A T I V E B A N K L T D .

T H E K A R N A T A K A S T A T E C O - O P E R A T I V E B A N K L T D .

T H E P U N J A B S T A T E C O - O P E R A T I V E B A N K L T D .

A U D I T O R S

M/ S B . R . M A H E S H W A R I & C O . , (C .A . )

M/ S A R U N S I N G H & C O . , (C .A . )

M/ S J . C . B H A L L A & C O . , (C .A . )

M/ S R A J N I S H & A S S O C I A T E S . , (C .A . )

M/ S S . M A N N & C O .

B O A R D O F D I R E C T O R S

C H A I R M A N S U R I N D E R K U M A R J A K H A R

V I C E -C H A I R M A N N . P . P A T E L

D I R E C T O R A J I T K U M A R S I N G H

D I R E C T O R V I T H A L B H A I . H . R A D A D I A

D I R E C T O R S H E E S H P A L S I N G H

D I R E C T O R T A R U N B A J A J

D I R E C T O R R . S . H I N G A N K A R

D I R E C T O R H A R M I N D E R S I N G H J A S S I

D I R E C T O R D . S A T Y A M U R T Y

D I R E C T O R R . K . T R I P A T H I

D I R E C T O R B A L V I N D E R S I N G H N A K A I

D I R E C T O R R . P . S I N G H

D I R E C T O R M O S T A F A S A R D A R

D I R E C T O R C H A N D R A P A L S I N G H

D I R E C T O R P R A M O D K U M A R S I N G H

D I R E C T O R R A J E S H W A R S I N G H

D I R E C T O R K . S R I N I V A S A G O W D A

D I R E C T O R R . K . D H A M I

D I R E C T O R B . S . V I S H W A N A T H A N

D I R E C T O R M A L A Y S R I V A S T A V

M A N A G I N G D I R E C T O R U . S . A W A S T H I

M A R K E T I N G D I R E C T O R D . K . B H A T T

F I N A N C E D I R E C T O R R A K E S H K A P U R

O R G A N I Z A T I O N S T R U C T U R E

Chairma

Executive

Manager

Executive

Production

Executive

Technical

Sr. General

Manager

Sr. General

Manager

R&D joint G.M

General

Manager

Sr. manager Sr. engineer

Manager Sr. engineer

Chief manager

Joint G.M

Dy.manager Supervisor

Manager Engineer

Dy. Manager Workers

Chief operator Operator

M A T E R I A L D E P A R T M E N T

The mate r i a l depa r tment ma in l y d i v ided i n

b road ly two ca tego r i es .

a . Pu rchase Depar tment

b . S to rage Depar tment

PU R C H A S E D E P A R T M E N T

Th i s depa r tment i s r e l a ted to a l l o the r

Depa r tment o f t he company l i ke F inance & Accoun t

The mate r i a l Depa r tment i s ma in l y d i v ided i n to

two b road ca tego r i es .

Depa r tment , Pe r sonne l & Admin i s t ra t i on

depa r tment , p roduc t i on depa r tment , F i r e & sa fe ty

depa r tment e t c . because a l l t he pu rchase o f t he

company i s hand led by th i s depa r tment . I f any

pu rchase requ i red f o r any depa r tment each and

eve ry depa r tment send sepa ra te l i s t o f mate r i a l t o

the pu rchase depa r tment wh i ch they have needed .

PR O C E D U R E : -

S C O P E : -

1] The p rocedure o f E -p rocu rement sha l l be as pe r

the scope o f t he ex i s t i ng p rocedure expec t tha t i t

may be app l i ed f o r i t em nos . ( g ) , ( h ) , ( i ) , ( k ) and

(1 ) wh i ch a re as under .

( a ) Con t rac t / ag reement f o r c l ea r i n , hand ing ,

l oad ing , and t ranspo r ta t i on o f i ncoming /ou tgo ing

mate r i a l .

( b ) Ra te con t rac t s f o r engagement o f causa l

l abou r .

( c ) Ra te con t rac t s f o r ma in tenance o f p l an t and

townsh ip

(d ) Con t rac t s f o r h i r i ng o f veh i c l e s

(e ) Con t rac t s f o r runn ing o f can teen /Gues t House

The p rocedure o f E -P rocu rement may a l so no t

be app l i ed f o r s i ne su rp lus and Ag ro - chemica l

supp l i e r s .

2] R E S P O N S I B I L I T Y F O R P U R C H A S E -F U N C T I O N

I n add i t i on to the ex i t i ng p rocedure ch ie f o f

sys tem Depar tment a t each un i t s , Head O f f i ce and

Marke t i ng sha l l i n te rac t c l o se l y w i th mate r i a l s

depa r tment f o r ensu r ing smooth imp lementa t i on o f

E -p rocu rement .

3] R E G I S T R A T I O N O F V E N D O R S /C O N T R A C T O R S

A . The p rocedure o f r eg i s t ra t i on o f

vendors / con t rac to r s sha l l be as pe r the ex i t i ng

p rocedure excep t tha t the i n fo rmat i on re l a ted to

the E -ma i l sha l l be asked f rom the

vendors / con t rac to r s a l ong w i th the o the r

i n fo rmat i on ’ s . Fo r the imp lementa t i on i n th i s

phase add i t i on i n fo rmat i on w i th respec t t o the E -

ma i l add ress sha l l be ob ta ined l a tes t by 31 s t

December 2000 . Fo r th i s pu rpose a b r i e f i n se r t i on

i n the newspapers as ou t l i ned i n the ex i t i ng

p rocedure sha l l be g i ven by a l l Un i t s /Head

O f f i ce /Marke t i ng O f f i ce r . Fu r the r t o th i s the

i ncha rge o f mate r i a l s depa r tment o f un i t s and

pe r sonne l r espons ib l e f o r the ex i t i ng f o r

p rocu rement a t o the r o f f i ces sha l l t ake necessa ry

ac t i on to con tac t the ex i t i ng vendors and

con t rac to r s f o r ob ta in ing the i r E -ma i l add ress .

The b r i e f i n se r t i on to be g i ven i n the new papers

by a l l un i t s sepa ra te l y sha l l spec i f y the f o l l ow ing :

A l l r eg i s te r s vendors and con t rac to r s a re

requ i red to i n fo rm the i r E -ma i l add ress by and

o f December 2000 . Vendors / con tac to r s no t

hav ing E -ma i l add ress a re reques ted to ob ta in

the same .

I F FCO sha l l i s sue enqu i r i e s and dea l w i th

vendors / con t rac to r s hav ing E -ma i l add ress

a f te r 31 s t December 2000 .

Vendors / con t rac to r s who fa i l t o reg i s te r the i r

E -ma i l add ress by the cu t -o f f da te may be

deba r red f r om pa r t i c i pa te i n t ende r /enqu i r i e s

and the i r names may be cons ide red f o r de l i

s t i ng the p re -qua l i f i ed l i s t .

4 ] E N Q U I R I E S / I N V I T A T I O N T O B I D

The p rocedure f o r i s suance o f enqu i r y f o r

i t ems cove red as pe r c l ause -1 o f t h i s supp lement ,

t he E -p rocu rement sha l l be as pe r the ex i t i ng

p rocedure by p rov id ing su i t ab le mod i f i ca t i on f o r

i s su ing o f i nqu i r i e s , r ece ip t o f t he techn i ca l

unp r i ced b id , ob ta in ing c l a r i f i ca t i on on techn i ca l

and unpr i ced b ids th rough E -ma i l .

Vendors / con t rac to r s sha l l be asked to the

de ta i l s o f EMD a long w i th techn i ca l and unpr i ced

b ids th rough E -ma i l . However ac tua l EMD sha l l be

sen t by the vendors / con t rac to r s th rough cou r i e r o r

pos t immed ia te l y a f te r de ta i l s a re i n fo rmed . P r i ce

b ids sha l l be rece i ved and opened pub l i c l y a s pe r

p resen t f o r p rocedure . Fo r the i t em cove red under

E -p rocu rement no p ress adve r t i sement f o r t ende rs

sha l l be i s sued i n newspapers . A l l adve r t i sement

sha l l be made on I FFCO ’S webs i te on l y . However

du r i ng phase -1 a b r i e f i n se r t i on sha l l be made i n

newspapers ment i on ing the de ta i l s o f t ende rs on

I FFCO in wh i ch adve r t i sement has been d i sp layed .

Th i s i s expec ted to save cos t and t ime .

5] T I M E A L L O W E D F O R S U B M I S S I O N O F B I D S

Fo r the i t ems cove red under E -p rocu rement

b idde rs sha l l be a l l owed a t ime o f abou t two

weeks f o r submiss i on o f t echn i ca l and unpr i ced

b ids . B idde r sha l l be requ i red to pos t / send th rough

cou r i e r the i r p r i ce b ids and EMD wh i ch shou ld be

rece i ved w i th in th ree (3 ) weeks . Immed ia te l y

a f te r r ece ip t o f t echn i ca l and unpr i ced commerc ia l

b ids commi t tee can s ta r t r ev iew and i n te rac t i ons

and ob ta ined va r i ous c l a r i f i ca t i on o f f ac i l i t a te

p r i ce b ids open ing a t an ea r l y da te .

6] O P E N I N G O F B I D S

Fo r i t ems cove red under E -p rocu rement no

pub l i c b id open ing sha l l be done f o r t echn i ca l and

unpr i ced b ids . On ly p r i ce b ids sha l l be opened

pub l i c i t y .

7 ] L A T E I N V A L I D A N D U N S O L I C I T E D B I D S A N D E M D .

The de ta i l s t o the respec t t o the EMD sha l l be

as pe r the ex i t i ng p rocedure , however the

vendors / con t rac to r s sha l l submi t the de ta i l s o f t he

END on the E -ma i l a l ong w i th the techn i ca l /

unp r i ced commerc ia l b id . The ac tua l EMD sha l l be

submi t ted immed ia te l y a f te r submi t t i ng the de ta i l s

on E -ma i l t h rough cou r i e r o f pos t .

8 ] L O C A L / C A S H P U R C H A S E

The p rocedure o f E -p rocu rement may no t

app l i cab le f o r l oca l / cash pu rchase th rough

commi t tee and a l so f o r enqu i r i e s expec ted to cos t

up to Rs . 2 .00 l akh .

S T O R A G E D E P A R T M E N T

Not on l y the pu rchase depa r tment bu t a l so the

s to rage depa r tment i s impor tan t f o r the mate r i a l

depa r tment . The re a re two sub -depa r tment o f t he

s to rage depa r tment .

1 ) Rece ip t depa r tment

2 ) I s sue depa r tment

RE C E I P T D E P A R T M E N T : -

I t i s impor tan t pa r t o f t he s to rage depa r tment

because any mate r i a l pu rchased by the company

w i l l f i r s t come inven to r s the rece ip t depa r tment .

I n the rece ip t depa r tment the rece ip t o f

t r anspo r t / l o r r y / t ra in i s r ece i ved . A f te r r ece i ved

the mate r i a l i t i s r eco rded i n the reg i s te r wh i ch

ca l l s cons ignment rece ip t r eg i s te r (CRR) . I nven to r

i s r eco rd the i n fo rmat i on i s CRR l i ke number ,

pu rchase o rde r No . Cha l No . f r om p lace , Quan t i t y

e t c .

When a company rece i ved a rece ip t f r om the

t ranspo r ta t i on company a f te r tha t , i t send to the

c l ea r i ng o f f i ce r t o check the mate r i a l wh i ch i s

impor tan t f unc t i on o f r ece ip t depa r tment , c l ea r i ng

o f f i ce r s check the mate r i a l t ha t i t i s a s pe r the

o rde r o r no t and a l so check quan t i t y and qua l i t y o f

mate r i a l . I f t he mate r i a l i s no t a s pe r the o rde r i t

w i l l be re j ec ted and i t i s a s pe r the o rde r i t i s

accep ted by the o f f i ce r and send to rece ip t

depa r tment . He re i t i s r eco rded i n the (CRR) .

The re a re 17 -18 pe r son work ing i n the rece ip t

depa r tment among them two a re manager two

sen io r manager , t h ree s to re o f f i ce r s , t h ree j un io r

o f f i ce r s and o the r worke r s .

I S S U E D E P A R T M E N T : -

I s sue depa r tment i s a l so impor tan t pa r t o f t he

s to rage depa r tment because any mate r i a l p l aced

i n th i s depa r tment a f te r the p rocess o f r ece ip t .

Some func t i on o f t h i s depa r tment a re as under .

1 . I N V E N T O R Y P L A N N I N G

p lann ing i s ve ry impor tan t f unc t i on o f i s sue

means s to rage depa r tment p l ann ing i s ve ry

necessa ry to keep op t imum inven to ry because i f

I FFCO keep l e s s i nven to ry then p roduc t i on

depa r tment su f f e r l o s s and i f keep more i nven to ry

then more money w i l l i nden te r ex t ra i nven to ry .

2. C O N T R O L L I N G

I s sue depa r tment p reven t the unnecessa ry

demand wh i ch demand by i nven to r s f o r some ex t ra

un i t s . W i thou t con t ro l l i ng th i s depa r tment has l e s s

va lue .

3. P R E S E R V A T I O N

Af te r the pu rchas ing o f any mate r i a l

p rese rv ing o f t ha t mate r i a l i s impor tan t and

necessa ry . I f company i s no t do ing the p rocess o f

p rese rv ing the mate r i a l become rus ty no t unab le .

4. L O C A T I O N

A l l t he mate r i a l pu t i n the pa r t i cu la r ( spec i f i c )

p l ace i n s to rage wh i ch ca l l l o ca t i on . I n l oca t i on

each and eve ry i t em has g i ven no i nc lud ing 9

d ig i t s f o r i den t i f y them. F rom pa r t i cu la r code

number eve ry one can f i na l i t any t ime eas i l y .

5. RO L A N D RO Q

I F FCO has des igned one commi t tee f o r

de te rm ina t i on o f ROL AND ROQ, cons i s t i ng o f

accoun t depa r tment ma in tenance depa r tment . ROL

& ROQ i s de te rm ined by th i s commi t tee i nden te r s

the bases o f pas t consumpt ion va lue . Whenever

i s sue depa r tment f i na l any pa r t i cu la r i t em inden te r

ROL po in t , i t s ta r t p rocedure f o r i nv i t i ng b ids .

M A R K E T I N G D E P A R T M E N T

I n the I F F C O – ka lo l un i t t he re i s a no t

marke t i ng depa r tment . A l l t he ac t i v i t i e s o f

marke t i ng i s hand le th rough i t s marke t i ng d i v i s i on

o f f i ce . An add ress o f t he marke t i ng d i v i s i on i s

be low

MA R K E T I N G D I V I S I O N

“ G O V E R T H A N ’

53 -54 N E H R U P L A C E ’ S

N E W D E L H I - 110019

OR G A N I Z A T I O N O F MA R K E T I N G DE P A R T M E N T

Marke t i ng D i rec to r (D . K . Bha t t )

Execu t i ve D i rec to r (D r . D . K . Shuk la )

Genera l Manager (B . D . S ingh )

Sr . Manager (Marke t i ng and se rv i ce )

Manager (Marke t i ng ) (M . J . Reddy )

Dy . Manager

MA R K E T I N G TE R R I T O R I E S O F IF F C O : -

M A R K E T I N G C E N T R A L O F F I C E

N O R T H N O R T H S O U T H W E S T E S T

( C a l cu t ta )

C E N T E R ( chand iga rh ) ( Benga lo r ) (Bhopa l )

B iha r Har i yana A . P Gu ja ra t

Assam

U .P . Pun jab Tami lnadu Maharas t ra

O r i s sa

Ra jas than Ka rna taka M .P . Wes t

Benga l

J ammu- Ke ra la

Kashmi r

Ha r i yana

1) The re a re (5 ) zona l o f f i ces wh i ch i s i nd i ca ted

i nden te r s the d i ag ram.

2 ) The re a re (17 ) S ta te / s ta te cum a rea o f f i ces .

3 ) The number o f a rea o f f i ce r s a re (63 ) wh i ch

a re be low .

S T A T E O F F I C E S S T A T E O F F I C E S ( 1 ) B iha r 4 ( 8 ) Ka rna taka 3

(2 ) U . P . 13 ( 9 ) Gu ja ra t 5

(3 ) Pun jab 6 ( 10 ) M . P . 3

(4 ) Ha r i yana 3 ( 11 ) Maharas t ra 5

(5 ) Ra jas than 5 ( 12 ) Assam 2

(6 ) A . P . 2 ( 13 ) Wes t Benga l 4

(7 ) Tami lnadu 3

PR I C I N G PO L I C I E S : -

P r i c i ng po l i cy o f I F F C O has t o ta l l y f o rmu la ted

by the gove rnment o f I nd ia . I F F C O has no t any

power f o r dec id ing the p r i ce o f i t s f e r t i l i z e r s . I F F C O

has no t so ld i t s f e r t i l i z e r s a t h ighe r p r i ce than

dec ided by the cen t ra l gove rnment .

Fo r the f o rmu la t i on p r i c i ng po l i cy gove rnment

mus t de te rm ined consumpt ion ra te o f t he

f e r t i l i z e r s i nden te r s the a l l ove r coun t ry ,

government a l l de te rm ined the p roduc t i on

capac i t y o f t he p l an t . Than a f te r dec ide the p r i ce

o f f e r t i l i z e r s . The p r i ce o f f e r t i l i z e r s p resen t l y i s

Rs .245 approx imate l y , wh i ch no t changed by the

company . A subs idy o f t he gove rnment i s 40 -45 %

on the p r i ce o f f e r t i l i z e r s .

CH A N N E L O F D I S T R I B U T I O N : -

I F F C O

Co -Opera t i ve Soc ie ty

I F F C O - N C D C co -ope ra t i ve soc ie ty

Sma l l I n s t i t u t i ona l L i ke Ag ro I ndus t r i e s

Co rpo ra t i ve

Fa rmer Se rv i ce Cen te r s (167 nos . )

D i s t r i bu te o f f e r t i l i z e r s i s ve ry impor tan t

f unc t i on . D i s t r i bu t i on o f f e r t i l i z e r s has a l so

dec ided by gove rnment o f I nd ia . Gove rnment has

dec ided to d i s t r i bu te o f f e r t i l i z e r s i n wh i ch

te r r i t o ry , i n wh i ch quan t i t y , a t wh i ch p r i ce and

g i ve i n s t ruc t i on to the company fo r d i s t r i bu te .

Fo r examp le , I F F C O – K A L O L un i t d i s t r i bu te i t s

f e r t i l i z e r s on l y i nden te r s th ree s ta te G U J A R A T ,

M A H A R A S T R A A N D M A D H Y A P R A D E S . I F F C O can no t sa le

i t s f e r t i l i z e r s excep t th i s th ree s ta te . I F F C O sa l e

f e r t i l i z e r s i nden te r s th i s th ree s ta te th rough i t s

channe l o f d i s t r i bu t i ons . t he quan t i t y o f t he

f e r t i l i z e r s i n th i s th ree s ta tes a l so dec ided by

cen t ra l gove rnment .

The re a re a th ree t ype o f wa rehouse o f

s to rage o f f e r t i l i z e r s . The warehouses a re i n the

a l l s ta te , so tha t I F F C O d i s t r i bu te ve ry smooth l y .

TY P E O F W A R E H O U S E S : -

(1 ) Cen t ra l Warehous ing Co rpo ra t i on ( C W C )

(2 ) S ta te Warehous ing Co rpo ra t i on ( S W C )

( 3 ) Co -Opera t i ve Godowns .

SA L E S PR O M O T I O N : -

There i s no t any sa les p romot i on i n the

f e r t i l i z e r s , bu t f o r the more sa les o f f e r t i l i z e r s ,

I F F C O g i ve an i ncen t i ve to f i e l d o f f i ce r s . Company

g i ves an i ncen t i ve i n the f o rm o f money o r

p romot i on .

Fo r g i ve an i ncen t i ve company , f i r s t dec ided a

ta rge t o f se l l i ng . I f f i e l d o f f i ce r s an ach ieve i t s

t a rge t than company g i ve an i ncen t i ve l i ke

Rs .5000 -10000 o r p romot i on to f i e l d o f f i ce r .

AD V E R T I S E M E N T : -

Adver t i sement i s no t necessa ry f o r the I F F C O

because o f t he quo ta g i ven by the gove rnment o f

I nd ia acco rd ing to company p roduc t i on capac i t y ,

bu t some t ime capac i t y g i ves adve r t i sement

i nden te r s the na t i ona l o r r eg iona l newspaper as

pe r the requ i rement . The f e r t i l i z e r s co -ope ra t i ve

soc ie ty pu t up boa rd o f I F F C O on the s ta te o r

na t i ona l h ighway fo r adve r t i sement . Company has

j o i n t new ven tu re “ I F F C O T O K I O G E N E R A L I N S U R A N C E

C O M P A N Y L T D ” f o r unde r t ak ing genera l i n su rance

bus iness the I nd ia . Fo r adve r t i sement o f

i n su rance , company g i ve an adve r t i sement

i nden te r s the spo r t s channe l l i ke S T A R S P O R T , E S P N

e t c

F I R E & S A F E T Y D E P A R T M E N T

With a rap id i ndus t r i a l i za t i on o f t he coun t ry

sa fe ty i s becoming ve ry impor tan t w i th eve ry

management as i t has come to p l ay a ve ry v i t a l

r o l e i n the modern deve lopment . I n the any

i ndus t r i e s (un i t s ) t he re i s no f i x acc iden t bu t i t i s

happened any t ime na tu ra l l y means sudden ly i n

the un i t s . A t th i s t ime eve ry un i t has requ i red the

f i r e & sa fe ty depa r tment f o r con t ro l l i ng the un i t ,

Whose ma in func t i on i s con t ro l ove r th rea t s and

es tab l i shment sa fe ty i n the un i t .

I n the I FFCO f i r e & sa fe ty has l o t s o f

s i gn i f i can t because I FFCO i s us ing NH3 (Ammon ia ) ,

H2 SO4 (Su lphu r i c ac id ) , HCL (Hydro Ch lo r i c ac id ) ,

CL (Ch lo r i ne ) Naoh (Caus t i c Soda ) as a raw

mate r i a l i n the p roduc t i on wh i ch a re the r i s ky

th ing us ing i n un i t .

I n the f i r e and sa fe ty depa r tment o f I FFCO

the re a re 23 pe r son do ing j ob as a s ta f f among

them 6 a re o f f i ce r , 4 a re fu l l t ime f i r e man (24

hou rs se rv i ce ) wh i ch a re do ing j ob hones t l y

pe r fec t l y and e f f ec t i ve l y .

F i re may cause heavy l o s s t o the p l an t & f i r e .

The management f i r e r i s k dea l s w i th th ree

aspec t s .

F I R E P R E V E N T I O N : -

F i re p reven t i on i s no th ing bu t the p rac t i ce o f

ca re fu l hab i t s . I t i s du ty and respons ib i l i t y o f

emp loyee to p reven t the f i r e s and regu la t i on to

avo id f i r e haza rds and exp los i ons .

F I R E P R O T E C T I O N : -

I t i nvo l ves p rov i s i on o f d i f f e ren t f ac i l i t i e s ,

wh i ch sha l l he lp i n immed ia te hand l i ng o f f i r e

e f f ec t i ve l y t o ex t i ngu i sh the f i r e w i th m in imum

damage to equ ipment . F i r e p ro tec t i on i s c l a s s i f i ed

as f i xed f i r e p ro tec t i on and po r tab le f i r e

p ro tec t i on .

F I R E A L A R M S Y S T E M : -

An ex tens i ve aud iov i sua l a l a rm sys tem i s

p rov ided . The re a re 52 members . F i r e a l a rm pane l

boxes i n s ta l l ed a l l ove r the p l an t . Cove r ing even

i so l a ted co rne r on b reak ing the g l ass o f t he f i r e

a l a rm pane l box . I t g i ves as a l a rm in the con t ro l

r oom o f the f i r e s ta t i on & a l so i nd i ca tes the

l oca t i on on the pane l w i th the i r r espec t i ve

number . The f i r e a l a rm pane l boxes a re i n s ta l l ed

to convey message o f f i r e emergency . I t i s

the re fo re essen t i a l t o know i t s ope ra t i on i s a s

under ,

1 ) P ress the g l ass

2 ) Wa i t nea r f i r e a l a rm pane l box t i l l t he

a r r i va l o f f i r e veh i c l e

IM P O R T A N T G U I D E L I N E S : -

1] “DANGER” tags mus t be f i l l ed i n a l l r e spec t .

The i n s t ruc t i on no t app l i cab le shou ld be

c rossed ou t .

2 ] A l l t ags shou ld be p rope r l y secu red and

shou ld rema in a f f i xed un t i l t he j ob i s

comp le te i n a l l r e spec t and even t o f l o s s o f

s tab , t he tag shou ld be removed j o i n t l y by

seno r s ta f f o f p roduc t i on and sen io r s ta f f o f

se rv i ces (ma in ) a t the s i t e a f te r ensu r ing tha t

the men and mach ine ry a re sa fe . Bo th o f t hem

w i l l endo rse REMOVED WITHOUT STUB and s i ng

on the tag

3 ] When more than one c rew i s de ta ined to work

on the same equ ipment sepa ra te se t o f t ags

mus t be used by each Sec t i on /C rew engaged

on the j ob .

4 ] A l l de faced tags due to l ong use o r use o r

hand ing shou ld be rep laced by a f r esh tag

wi th a l l r e l evan t en t r i e s and s i gna tu re and

word “ D U P L I C A T E ” the re on .

5 ] Tag once used shou ld no t be reused

6 ] I f t he se rv i ce s ta f f f ee l , more sa fe , he may

p rov ide a l oca l push bu t ton a l so

7 ] To ensu re e f f ec t i ve i so l a t i on o f 94H .T . moto r s ,

i t s 3 .3 .K .V . c i r cu i t b reake r has to be d rawn ou t

m in imum up to “TEST” pos i t i on .

8 ] A f te r r emoved o f the tags , t he s tubs shou ld

be s tap led w i th respec t i ve tags and pu t i n the

l ocked box p rov ided f o r the pu rpose .

9 ] secu r i t y o f s tubs i s t he sa fe ty o f i nd i v idua l

and the se rv i ce s ta f f i s r espons ib l e t o re tu rn

i t t o app rop r i a te au tho r i t y on comp le t i on o f

j ob .

S E C U R I T Y D E P A R T M E N T

Secu r i t y depa r tment has ga ined pa ramount

s i gn i f i cance i n Gu ja ra t a f te r t e r ro r i s t a t tack on

Swamina rayan Temp le .

I n ea r l i e r days secu r i t y depa r tment was

cons ide red as a no rma l depa r tment , bu t now a

days the s i t ua t i on i s comp le te l y up - s i de down .

Secu r i t y depa r tment keeps eye on bo th t ype o f

mate r i a l , R .M . a s we l l a s N .R .M .

R .M .=Retu rnab le mate r i a l l i ke any equ ipment

wh i ch goes ou t f o r r epa i r i ng pu rpose .

N .R .M .= Non Re tu rnab le mate r i a l l i ke , wha teve r

f i n i sh p roduc t wh i ch goes ou t f o r se l l i ng .

Secu r i t y depa r tment has to keep p repa re

c i r cu la r copy f o r t r anspo r t depa r tment , mate r i a l

depa r tment , a / c depa r tment , f i e l d o f f i ce r o f

marke t i ng depa r tment , f o r wha teve r the f i n i sh

p roduc t goes ou t f o r se l l i ng .

Secu r i t y depa r tment has to keep reco rd o f

we igh t o f u rea wh i cheve r goes ou t f o r se l l i ng

pu rpose . Secu r i t y depa r tment checked ou tgo ing

mate r i a l a s we l l a s i n coming mate r i a l .

I n coming mate r i a l l i ke – s ta f f bus , goods

ca r r i e r => t ra in & t ruck . Secu r i t y depa r tment has

to make su re tha t any pe r son coming i n t o the

p remises o f I FFCO i s f o r i nnocen t pu rpose .

H I E R A R C H I C A L D I S P L A Y O F S E C U R I T Y D E P A R T M E N T

For outer boundaries they have given contract to

PERFECT SECURITY who watches over main, wal ls of

premises, rai lway yard, and storage tanks of naphtha,

NH3 etc.

At present security department is armed with

CCTV security system, so now the staff is only 23

people. Before CCTV security system the staff was of

75 people, because now 4 cameras are at watch, 24

hour. CCTV security system al lows recording of

cr i t ical incident in videocassette, & zoom faci l i ty,

360-degree movement of camera etc.

One camera is for rai lway l ine (broad-gauge &

meter-gauge), one camera is for storage tanks &

another two cameras are outer boundaries near to

another gate.

Security department issues IDENTITY CARD to

each and every employee (permanent as wel l as

D.S. Jethava

Dixit

R.K.Bilson

B.K.Sadhu

contract base employee.) they have good system of

keeping attendance & record of employee, for that

have acquired punch card machines. Which keeps

record of in-coming & out-going t imings of each

employee.

P E R S O N N E L D E P A R T M E N T

IN T R O D U C T I O N : -

Th i s depa r tment i s hand led by the Mr . S . P .

J an i who i s sen io r manager o f t h i s depa r tment and

Mr . Pancha l i s t he manager o f pe r sona l

depa r tment .

Pe r sona l depa r tment re fe r s t o the p rac t i ces &

po l i c i e s . You need to ca r ry ou t the pe r sona l

a spec t s o f you r management j ob , spec i f i ca l l y

acqu i r i ng t ra in ing , app ra i s i ng , r eward ing

env i ronment f o r you r company ’ s emp loyees .

Pe r sona l depa r tment i s conce rn w i th p l ann ing ,

o rgan i z i ng , d i r ec t i ng & con t ro l l i ng . The

p rocu rement & ma in tenance o f t he pe r sona l

management i n o rgan i za t i on e f f ec t i ve con t r i bu t i on

to the requ i red number o f pe r sons a t the r i gh t

p l ace f o r the r i gh t j ob u t i l i z i ng the i r capac i t y t o

the op t imum leve l a l so p roduc ing them w i th

re l evan t f ac i l i t y t o ach ieve cou rse o f ac t i on .

Some f unc t i on o f pe r sonne l management i s

se l ec t i on p rocess & p romot i on , wages & sa la ry

admin i s t ra t i on , i ndus t r i a l r e l a t i onsh ip e t c .

J O B D E S C R I P T I O N

J ob desc r i p t i on i s an impor tan t ac t i v i t y o f

pe r sonne l depa r tment , wh i ch i nc ludes the func t i on

o f t he o rgan i za t i on . I n th i s ac t i v i t i e s (p rocess )

each and eve ry pe r son has g i ven spec i f i c au tho r i t y

& respons ib i l i t y f o r do ing the j ob . The re a re

d i f f e ren t depa r tment i n I FFCO . I . e . , F i nance &

accoun t , pe r sona l & admin i s t ra t i on , Ma te r i a l ,

p roduc t i on e t c . i n th i s en t i r e depa r tment no . O f

emp loyee a re work ing as under .

DE P A R T M E N T NO . O F

EM P L O Y E E

S G M / G M O F F I C E 5

J G M ( F & A ) O F F I C E 3

A / C S E C T I O N 4 6

M E C H . M A I N T S E C T I O N 7 9

E L E C T R I C A L S E C T I O N 3 3

I N S T R U M E N T A T I O N S E C T I O N 3 8

M E C H . S E R V I C E S E C T I O N 4 0

C I V I L E N G I N E E R I N G S E C T I O N 1 3

I N S P E C T I O N S E C T I O N 6

M E C H . M A I N T & S E R V I C E S E C T I O N 1

P U R C H A S E S E C T I O N 2 2

S T O R E S S E C T I O N 1 9

J G M ( P & A ) O F F I C E 5

T I M E O F F I C E S E C T I O N 7

S E C U R I T Y 2 5

M E D I C A L A N D D I S P E N A S A R Y S E C T I O N 1 5

A D M I N I S T R A T I O N S E C T I O N 2 1

E S T A T E / T O W N S H I P S E C T I O N 1 9

G U E S T H O U S E 1 1

P E R S O N N E L S E C T I O N 6

I . R . 5

W E L E F A R E S E C T I O N 9

C H I E F M A N A G E R P R O D U C T I O N O F F I C E 3

A M M O N I A P L A N T 4 3

U R E A P L A N T 3 8

D R Y - I C E P L A N T 7

O F F S I T E P L A N T 2 5

U T I L I T I E S P L A N T 3 6

P O L L U T I O N A N D E N V I R O M E N T C O N T R O L 3

S E C T I O N

B A G G I N G A N D M A T E R I A L H A N D L I N G S E C T I O N 8 9

F I R E A N D S A F E T Y 2 3

C H I E F M G R . T E C H / S E R V I C E S E C T I O N 2

E N G I N E E R I N G S E R V I C E S 1 7

P R O C E S S E N G I N E E R I N G S E C T I O N 9

L A B O R A T O R Y 3 2

T R I N I N G C E N T E R 6

S Y S T E M 1 3

T R A F I C 2 5

C H I E F M G R . U T I L I T Y I F F I C E 1

E S T A T E O F F I C E

MA I N FU N C T I O N O F ES T A T E O F F I C E

Quar te r a l l o tment

San i ta t i on

Hor t i cu l tu re

Ser i cu l tu re ve rm icu la te

Sewage t rea tment p l an t

Ra in ha rves t i ng p l an t

QU A R T E R A L L O T M E N T

The kas tu r i naga r Townsh ip was bu i l t i n 1972 .

There a re to ta l 314 res idences .

Who le Townsh ip i s i n su red ; Means a l l 314

res idence a re i n su red .

There a re f i ve t ypes o f qua r te r i n t ownsh ip .

A B C D E & Bung l ow fac i l i t y i s on l y f o r M . D .

D i rec to r , S .G .M .

A . S r . Mgr , Mgr .

B . J un io r Mgr .

C . S r . Eng , Eng .

D . Opera to r s , Fo reman .

E . Emergency emp loyees .

SA N I T A T I O N

There a re to ta l 11% emp loyee f o r th i s

pu rpose .

Every day worke r s co l l ec t ga rbage f rom each

and eve ry house and they a l so c l ean to i l e t ,

ba th room and washbas in

They have good sys tem fo r the so lu t i on o f

comp la in , f o r tha t they keep one reg i s te r . I f any

w i l l pe r son l i v i ng i n co lony has comp la in then

he / she w i l l come to the o f f i ce and w i l l w r i t e

h i s /he r comp la in i n the reg i s te r .

A f te r ge t t i ng comp la in es ta te o f f i ce w i l l

c l a s s i f y each comp la in i n d i f f e ren t ca tego ry l i ke

c i v i l , t e l ephone , p lumb ing , pa in t i ng , a f te r th i s

c lass i f i ca t i on they w i l l send a pe r son to tha t

pa r t i cu la r house who w i l l r epa i r t he p rob lem.

HO R T I C U L T U R E

I t s ma in func t i on i s p l an ta t i on & ma in tenance

o f ga rden ( t ree and l oan ) . Hor t i cu l tu re

depa r tment deve lop & ma in ta ins t rees , ga rden .

I t a l so manages when & wh i ch t ree i s t o be cu t

Th i s yea r H .O . has a l l o t ted Rs .16 l akh f o r

Ho r t i cu l tu re as a budge t .

There a re 40 emp loyee i n con t rac t base .

VE R M I C U L T U R E

Th i s p l an t uses a l l k i nd o f wes t mate r i a l o f

314 res idences .

I t co l l ec t f i r s t o f a l l wes t mate r i a l f r om each

house then d i v ides i t i n t o two ca tego r i es .

1 . Degradab le mate r i a l 2 .G radab le mate r i a l

t hen by way o f na tu re p rocess i t conve r t s tha t

wes t mate r i a l i n t o na tu re f e r t i l i z e r . Th i s k i nd

o f na tu ra l f e r t i l i z e r i s su i t ab le f o r eve ry k ind o f

so i l and t ree . Vermicu l tu re p l an t p roduces i t

350 Kg /Day , & i t s marke t va lue may be o f 12

Rs /Kg .

Fo r ge t t i ng I SO ce r t i f i ca te th i s p l an t i s r ea l l y

pu rpose fu l .

SE W A G E TR E A T M E N T P L A N T

As we know ‘p reven t i on be t te r than cu re ’

l i ke th i s i t s pu rpose i s t o recha rge the ea r th , f o r

the p reven t i on o f sho r tage o f wa te r a l l ove r i n

I nd ia .

W E L F A R E

I n the I FFCO emp loyee has g i ven we l f a re

f ac i l i t y . The we l f a re f ac i l i t y g i ven to emp loyee i s

a s under .

Med ica l f ac i l i t y

P rov iden t f und

Es ta te o f f i ce

I ndus t r i a l r e l a t i on

Canteen

T ranspo r ta t i on ]

ME D I C A L F A C I L I T Y

Company g i ves v i t a l med i ca l f ac i l i t y t o i t s

emp loyee . Company p rov ides med i ca l r epayment

f ac i l i t y t o i t s emp loyee i n two ways .

WH O L I V E S I N T O W N S H I P

I n each f am i l y i f 3 o r more than 3 pe r son

company p rov ides them Rs . 2250 pe r annum as a

med i ca l r epayment and i f , l e s s than 3 peop le i n

f am i l y company p rov ides them Rs . 1125 pe r annum

as a repayment .

WH O D O E S N O T L I V E I N T O W N S H I P

I n each f am i l y the re a re equa l t o 3 o r more

than 3 peop le i n f am i l y company p rov ides them

Rs .4500 pe r annum as a repayment and i f , l e s s

than 3 pe r son i n f am i l y company p rov ides them

Rs .2250 pe r annum as a repayment .

I n case o f spec ia l i n j u ry the re i s no l im i t

f o r r epayment l i ke hea r t t r oub le . B . P . , P l a s t i c

su rge ry , k i dney , cance r e t c . f o r th i s t ype o f

t r ea tment , company i s a f f i l i a ted w i th some

ma jo r hosp i ta l l i ke .

K R I S H N A H E A R T H O S P I T A L

R A J A S T H A N H O S P I T A L

S T E R L I N G H O S P I T A L

S A L H O S P I T A L

Fo r the med i ca l expenses o f emp loyee ’ s

pa ren t s . The re i s max imum o f l im i t Rs .40 ,000 .

Emp loyee canno t ge t more than Rs .40 ,000 . a s

med i ca l expenses f o r h i s pa ren t s .

Fo r pa ren t s med i ca l expenses up to Rs . 15 ,000

a re fu l l y pa id by the company and f o r more than

Rs . 15000 company w i l l 50% expenses bu t no t

more than max imum l im i t o f Rs . 40 ,000 .

ME D I C A L B E N E F I T A F T E R R E T I R E M E N T

Fo r med i ca l bene f i t t o emp loyee a f te r

r e t i r ement , company has made benevo len t f und .

Acco rd ing to th i s f und eve ry month Rs .20 a re

deduc ted f r om the sa la ry o f emp loyee & Rs .40 a re

con t r i bu ted by the management means to ta l

( 20+40) Rs .60 goes to benevo len t f unds & f rom

th i s f und company p rov ides med i ca l f ac i l i t i e s t o

i t s emp loyee a f te r the i r r e t i r ement .

I f any emp loyee i s exp i red i n th i s s i t ua t i on

then w i th in one week o f t he company w i l l g i ve

Rs .65 ,000 to the nominee ’ s spouse f r om

benevo len t f und & a l so Rs .1250 pe r month g i ven

to the nominee ’ s spouse up to 60 month (5 yea r s )

by company f rom benevo len t f und .

A f te r r e t i r ement eve ry yea r Rs .2000 w i l l g i ven

by the company a as no rma l med i ca l

r e imbursement . And a l so Rs .15 ,000 eve ry yea r

g i ven by the company fo r hosp i ta l i za t i on & these

expenses a re g i ven aga ins t b i l l . I f any emp loyee

can no t use the who le Rs . 15 ,000 the ba lance i s

ca r r i ed f o rward f o r nex t yea r & i n nex t yea r

emp loyee can use more than Rs .15 ,000 up to the

ba lance c / f t i l l 10 yea r s . A f te r dea th o f one pe r son

i n s i ng le case med i ca l f ac i l i t i e s become 50%.

PR O V I D E N T F U N D

Genera l l y p rov iden t f und i s accumu la ted i n

the Gove rnment , bu t he re i n I FFCO fo r P . F .

accumu la t i on the re i s a spec ia l P . F . t rus t . P . F . o f

a l l t he emp loyee i s cons ide red to P . F . i s

con t r i bu ted @ o f 12% on bas i c sa l a ry & the same

amount con t r i bu ted by the management . The

company pays 11% in te res t .

I n p rev ious t ime f rom 1973 to 1995 company

had adop ted F . P . F .= ( fami l y pens ion fund ) f r om

16 /11 /1995 onward new scheme was imp lemented

by the company . F rom 12% P . F . con t r i bu t i on 8 .33%

goes to the F . P . F . & the res t comes to P . F . a s pe r

the ru l es the payment o f P . F . i s a t t he t ime o f

r e t i r ement . i f emp loyee comp le te m in imum 10

yea rs .

I N D U S T R I A L R E L A T I O N

Now a days worke r s a re the asse t s o f t he

company . The company i s ma in l y depend ing on the

worke r s & i t s ab i l i t y t o work . I f t he re l a t i onsh ip

be tween company & worke r s a re good then i t u s

e f f ec t on the p roduc t i on i f t he re l a t i onsh ip i s good

means worke r a re h igh l y sa t i s f i ed & they pu t more

e f f o r t s i n the i r ac t i v i t y . I f t he re l a t i onsh ip

be tween company & worke r s a re bad then i t i s a l so

e f f ec t on the p roduc t i on o f t he company .

The re l a t i onsh ip be tween I FFCO & i t s wo rke r s

a re ve ry good and the en t i r e worke r s a re h igh l y

sa t i s f i ed w i th work and they say they a re p roud o f

say ing tha t a re work ing i n th i s company . The

company i s a l so p roud o f t he i r emp loyee w i th the i r

wo rk . I f any p rob lem the be tween then company

supe rv i so r so l ve the p rob lem.

T I M E O F F I C E

T ime keep ing sys tem i s a con t ro l l i ng the

emp loyee & a sys temat i c t ime o f f i ce r s & emp loyee

to work .

The I FFCO i s ve ry accu ra te i n t ime keep ing

sys tem. The I FFCO w i l l g i ve one ho l i day i n a week .

The worke r s have to work 48 hou rs i n week . The

company a l so g i ves pub l i c a s pe r gove rnment

ru l es & regu la t i on

The company p rov ide f o l l ow ing f ac i l i t i e s t o

the emp loyees i s a s under : -

(1 ) By the he lp o f t ime o f f i ce a

manager can know wh i ch pe r son work i n

wh i ch depa r tment & wh i ch sh i f t .

(2) The company w i l l p rov ide a

f ac i l i t y o f 14 days causa l l eave w i th in 12

months and a l so p rov ide 33 ea rn l eave .

(3) The company p rov ides ha l f

med i ca l f ac i l i t i e s w i th in 20 days .

(4) 14 fes t i va l ho l i days i n a yea r .

(5) The company p rov ides one seek

l eave i n an 18 .25 days

(6) The worke r s ge t g roup

i n su rance by the company

I f t he emp loyee wan t t o l eave the re fo re they

have to i n fo rm the company by the he lp o f

app l i ca t i on be fo re 15 days . The new rec ru i t

emp loyee can no t ge t the med i ca l f ac i l i t i e s up to 1

yea r s .

SH I F T O F E M P L O Y E E

(1 ) Genera l sh i f t : - From Monday to Fr iday

8 :00 a .m . To 5 :15 p .m .

12 :30 p .m . To 1 :00 p .m .

For Saturday

8 :00 a .m . t o 12 :45 p .m .

(2 ) ‘A ’ sh i f t : -

6 :00 a .m . t o 2 :00 p .m .

(3 ) ‘ B ’ sh i f t : -

2 :00 p .m . t o 10 :00 p .m .

(4 ) ‘ C ’ sh i f t : -

10 :00 p .m t o 6 :00 p .m .

C A N T E E N F A C I L I T Y

I F F C O i s g i ves can teen f ac i l i t y t o i t s emp loyee

and ou t s i de r v i s i t o r who takes v i s i t t o I F F C O . Fo r

ca r ry th i s f ac i l i t y the company i s e s tab l i shed

can teen management commi t tee ( C M C ) f o r hand ing

th i s depa r tment smooth runn ing o f t h i s wo rk done

as pe r the company ac t .

More than 25 emp loyee a re work ing i n th i s

depa r tment . The re a re 36 po in t s where the tea -

l unch and b reak f a s t g i ven by the can teen

commi t tee each and eve ry depa r tment payment

spec i f i ca l l y pe r p resc r i be t ime fo r th i s f ac i l i t y

company g i ve them Rs . 25000 subs idy

The ma in ob jec t i ve o f t h i s i s t o p rov ide f r esh

tea - l unch b reak f a s t r eg ion ab le p r i ce . The re i s no

ob jec t i ve f o r p ro f i t .

TR A N S P O R T A T I O N

Fo r th i s f ac i l i t y company es tab l i shed spec i f i c

t r anspo r ta t i on depa r tment . 8 emp loyee a re

work ing i n th i s depa r tment .

The ma in ob jec t i ve o f t h i s depa r tment i s up -

down o f the emp loyee a t r easonab le p r i ce o r

pe r fec t l y i n t ime . 10 s ta f f buses a re do ing th i s

ac t i v i t y f o r up -down .

PR O M O T I O N P O L I C Y

I t i s an impor tan t method to compromise the

l eve l o f o rgan i za t i on . I t i s based on sen io r i t y &

they a re ge t t i ng mas te r deg ree by p romot i on o f

emp loyee i s t r ans fe r f r om l ower j ob by pe r son by

au tho r i t y / r e spons ib i l i t i e s .

T R A N S F E R P O L I C Y

T rans fe r r e fe r s t o movement o f cand ida te

f r om one j ob to ano the r / one p lace to ano the r

p l ace any depa r tment i n t r ans fe r emp loyee

sa la ry / s ta tue & respons ib i l i t i e s a re no t changed

bu t t o ge t more j ob sa t i s f ac t i on to t each more &

more to h i s emp loyee e t c .

I F F C O ka l o l un i t make t rans fe r o f an emp loyee

as pe r requ i rement w i th spec ia l ca re . Some t imes

emp loyee a re t rans fe r red i n the f o rm o f

pun i shment .

P R O D U C T I O N D E P A R T M E N T

I F F C O i s r e l a ted the p roduc t i on o f U rea ,

Ammon ia , NPK & DAP bu t ka lo l un i t p roduce th ree

p roduc t

1 Ammon ia

2 U rea

3 Dry - i ce

In the pas t means be fo re the expans ion o f t he

p l an t the p roduc t i on o f u rea was 910 tones

ammon ia & 1200 tones u rea pe r day , bu t a f te r

expans ion 7 yea r s i t i s p roduce 1100 tones

ammon ia & 1650 tones u rea pe r day .

P R O D U C T I O N / I M P O R T S

Yea r Ammon ia Urea

1998 -99

1999 -00

2000 -01

2001 -02

3 ,46 ,24

4

3 ,34 ,172

3 ,03 ,127

3 ,22 ,025

5 ,18 ,03

0

4 ,71 ,843

4 ,87 ,808

5 ,50 ,297

2002 -033 ,14 ,621 5 ,38 ,096

A M M O N I A P L A N T

I t p roduces 1100 tones ammon ia pe r day

P R O C E S S : -

Natu re gas & assoc ia ted f r om the supp l i ed by

O .N .G .C f r om the i r gas f i e l ds th rough p ipe l i nes . I n

the p l an t , t he na tu re gas i s f i r s t pu r i f i ed i n the

desu l phu r i se r & than m ix w i th sys tem & pa r t i a l l y .

Pe r fo rme i n p r imary re fo rmer , t he p r imary

re fo rmer i s supp l i ed w i th assoc ia ted gas &

naph tha as p rocess fue l s . A m ix tu re o f gases

coming ou t f r om p r imary re fo rmer , en te r

secondary re fo rmer where a s to i ch iomet r i c

quan t i t y o f a i r i s i n t roduced the gases l i v i ng the

secondary re fo rmer cona t i on n i t r ogen , hyd rogen ,

ca rbon d iox ide & ca rbon monox ide .

The gases a re passes th rough sh i f t s conve r t s

where mos t the ca rbon monox ide ge t s conve r ted

gas i s pu r i f i ed i n an abso rbe r where ca rbon

d iox ide i s abso rbed i n an aqueous mono e thano l

amines so lu t i on . The MEA so lu t i on i s r egenera l t ed

i n the s t r i ppe r o f f & sends to u rea p lan t . The gas

a f te r pu r i f i ca t i on i s a m ix tu re o f ma in l y N i t rogen &

Hydrogen i n 1 :3 p roduc t p ropo r t i ons . I t i s

compressed & send to the ammon ia syn thes i s

conve r te r a l ong w i th recyc le gases syn thes i s

conve r te r i s a s i ng le p i eces rea l t o r o f abou t 3 .3

mete r s d i amete r s & 28 mete r s l eng th & we igh t

abou t 265 tones . He re N i t rogen & Hydrogen

comb ined to f r om ammon ia . The gases f r om the

syn thes i s conve r te r a re ca l l ed recyc led back to

the compresso r . The d i s cha rge s t ream o f the

compresso r i s pas t th rough a t ra in o f co l l a r s &

ch i l l e r s where ammon ia i s condensed & than

unconve r ted gases f r om the sepa ra to r a re sends to

the syn thes i s conve r te r

U R E A P L A N T

The u rea p lan t i s des igned to p roduce 1650

tones o f u rea pe r day . I t i s based on i n

s tamica rbon s t r i pp ing p rocess . Eng inee r by

Humphrey ’ s G lasgow

PR O C E S S : -

700 tones o f ammon ia 4 ,70 ,000 NH3 o f ca rbon

d iox ide (CO2) gas pe r day once reac ted a t h igh

p ressu re i n the u rea au toc lave , the CO2 f i r s t

en t rus t a s t r i ppe r i n wh i ch i t coun te r – cu r ren t l y

the l i qu id e f f l uen t f r om the au toc lave . The l i qu id

p roduce i s u rea so lu t i on passes to the recove ry

sec t i on gasses f r om the top o f t he s t r i ppe r an t

ca rbona tes condense r where NH3 i s a l so

i n t roduced . The ammon iums ca rbona t i c so \=n

uncondensed ca rbons ios i x , & wa te r vapo ry a re

i n t roduced i n to two au toc lave bu t te r . He re i s

cove rs o f ammon ia ca rbona te i n to u rea .

F I N A N C I A L D E P A R T M E N T

I N T R O D U C T I O N : -

T h e p o s i t i o n o f f i n a n c e i n b u s i n e s s c a n b e m a t c h e d

w i t h t h e p o s i t i o n o f b l o o d i n t h e h u m a n b o d y . F i n a n c e i s o f

t h e b u s i n e s s . F i n a n c e , t o d a y n o t o n l y l i m i t e d u p t o f u n c t i o n

t h a t c i r c u l a t e b u s i n e s s b u t a l s o e x t e n d e d i t s b o u n d a r i e s .

T o d a y s u c c e s s o r f a i l u r e o f a n y b u s i n e s s c o n c e r n h e a v i l y

d e p e n d s u p o n h o w e f f e c t i v e f i n a n c i a l m a n a g e m e n t a f i r m

h a s . I t i s t h e p o r t f o l i o t h a t g i v e s m a x i m u m c o s t f u r t h e r

d i f f e r e n t p a r t i e s b o t h i n s i d e a n d o u t s i d e o f f i r m a r e

i n t e r e s t e d i n f i n a n c i a l p o s i t i o n o f f i r m a n d a t f i x e d i n t e r v a l

t h e y o f t e n e v a l u a t e f i n a n c i a l p o s i t i o n b y a s s e s s i n g f i n a n c i a l

s t a t e m e n t o f f i r m .

B A L A N C E S H E E T BALANCE SHEET AS AT 31S T MARCH, 2005

P A R T I C U L A R Rs . In Lakh

Rs . In Lakh

2005

2004

SO U R C E S O F F U N D S

Sha reho lde r s ’ Funds 3 ,30 ,115 .25

3 ,10 ,958 .64

Loan Funds 64 ,709 .10

99 ,392 .84

Deferred Tax L iab i l i ty (Net) 42 ,125.38

42 ,543.36

Tota l 4 ,36 ,949.73

4 ,52 ,894.84

AP P L I C A T I O N O F F U N D S

F ixed Assets :

Gross B lock 4 ,43 ,555 .70

4 ,38 ,555 .65

Less : Deprec ia t i on 2 ,41 ,116 .67

2 ,25 ,454 .45

Ne t B lock 2 ,02 ,439 .03

2 ,13 ,101 .20

Cap i ta l Work - i n -P rog ress 13 ,623 .28

4 ,127 .36

Investments 69 ,073 .38

69 ,508 .00

Current Assets , Loan

and Advances:

I nven to r i e s 93 ,150 .65

1 ,02 ,056 .05

Sundry Deb to r 32 ,459 .94

46 ,946 .10

Cash and Bank Ba lance 19 ,910 .28

11 ,339 .45

Loan and Advances 1 ,14 ,887 .67

96 ,060 .45

2 ,60 ,398 .67

2 ,56 ,402 .05

Less : Current L iab i l i t ies

and Prov is ion

Cu r ren t L i ab i l i t i e s 93 ,381 .28

75 ,719 .38

P rov i s i on 17 ,102 .94

14 ,524 .39

1 ,10 ,484 .22

90 ,243 .77

Net Current Assets 1 ,49 ,914.32

1 ,66 ,158.28

Misce l l aneous expend i tu re 1 ,900 .00

-

TOTAL 4 ,36 ,949.73

4 ,52 ,894.84

P R O F I T A N D L O S S A C C O U N T

F O R T H E Y E A R O F E N D E D 3 1 S T M A R C H , 2 0 0 5

P A R T I C U L A R R S . I N L A K H R S . I N L A K H 2005 2004I N C O M E F R O M O P E R A T I O N S S a l e s 4 , 0 9 , 7 6 0 . 1 2 3 , 7 5 , 3 3 9 . 2 6S u b s i d y f r o m G o v e r n m e n t o f I n d i a 3 , 1 2 , 6 4 2 . 7 9 2 , 1 6 , 6 1 7 . 6 4O t h e r R e v e n u e 2 6 , 8 1 9 . 1 1 2 7 , 2 3 5 . 9 7I n c r e a s e / ( D e c r e a s e ) i n S t o c k ( 1 4 , 1 6 2 . 0 8 ) ( 1 5 , 8 8 8 . 4 6 ) 7 , 3 5 , 0 5 9 . 9 4 6 , 0 3 , 3 0 4 . 4 1L E S S : C O S T O F O P E R A T I O N S C o n s u m p t i o n o f R a w M a t e r i a l s , S t o r e s e t c . R a w M a t e r i a l s 4 , 9 7 , 6 9 9 . 0 3 3 , 9 3 , 3 3 6 . 9 7

S t o r e s a n d S p a r e s 6 , 8 5 7 . 2 9 4 , 6 6 9 . 3 1C h e m i c a l s a n d C a t a l y s t s 2 , 1 0 1 . 7 6 2 , 0 6 2 . 6 7P a c k i n g M a t e r i a l s 1 3 , 0 9 8 . 8 4 9 , 6 0 3 . 6 6P o w e r , F u e l a n d W a t e r 4 5 , 9 9 7 . 6 8 4 1 , 8 8 2 . 8 2

5 , 6 5 , 7 3 4 . 6 0 4 , 5 1 , 5 8 5 . 4 3

L e s s : S t o c k T r a n s f e r f o r S e l f C o n s u m p t i o n 8 , 7 7 6 . 6 3 1 4 , 8 3 4 . 6 0

5 , 5 6 , 9 5 7 . 9 7 4 , 3 6 , 7 5 0 . 8 3P u r c h a s e s 1 5 , 5 8 5 . 8 5 3 , 8 4 1 . 0 0E m p l o y e e s , R e m u n e r a t i o n & B e n e f i t s 2 6 , 8 1 0 . 4 6 2 5 , 6 6 6 . 1 1 O t h e r E x p a n s e s o n M a n u f a c t u r i n g , A d m i n i s t r a t i o n a n d D i s t r i b u t i o n 6 8 , 6 6 6 . 7 2 6 3 , 3 5 6 . 4 7I n t e r e s t 3 , 4 0 1 . 7 2 4 , 1 1 2 . 7 9D e p r e c i a t i o n 1 6 , 7 5 9 . 1 4 1 8 , 4 0 1 . 1 9P r i o r P e r i o d A d j u s t m e n t s ( N e t ) ( 2 1 3 . 7 8 ) ( 9 3 . 6 0 )

6 , 8 7 , 9 6 8 . 0 8 5 , 5 2 , 0 3 4 . 6 9P R O F I T B E F O R E T A X 4 7 , 0 9 1 . 8 6 5 1 , 2 6 9 . 7 2P r o v i s i o n f o r T a x a t i o n 1 5 , 1 2 8 . 0 2 1 8 , 3 0 3 . 1 0

P R O F I T A F T E R T A X 3 1 , 9 6 3 . 8 4 3 2 , 9 6 6 . 6 2P r o f i t T r a n s f e r r e d 2 1 3 6 . 2 0 7 , 7 2 6 . 2 0 N E T P R O F I T A S P E R M U L T I S T A T E 29 ,827 .64 25 ,240 .42C O O P E R A T I V E S O C I E T I E S A C T , 2002

F I N A N C I A L R A T I O R A T I O A N A L Y S I S

CU R R E N T RA T I O : -

Cur ren t Asse t s

C U R R E N T R A T I O = Cur ren t L i ab i l i t y

2004-2005(Rs . In lakh) 2005-2006(Rs . In lakh)

2 ,56 ,402 .05 2 ,60 ,398 .54 = =

90 ,243 .77 1 ,10 ,484 .22 = 2 .84 = 2 .35

QU I C K RA T I O : -

= Cu r ren t Asse t s –

I nven to r i e s

Cu r ren t L i ab i l i t y

2004-2005(Rs . In lakh) 2005-

2006(Rs . In lakh)

2 ,56 ,402 .05 – 1 ,02 ,056 .05 2 ,60 ,398 .54 – 93 ,150 .65 = = 90 ,243 .77 1 ,10 ,484 .22

= 1 .71 = 1 .51

NE T WO R K I N G CA P I T A L : -

Ne t Work ing Cap i ta l =

Ne t Asse t s NE T WO R K I N G CA P I T A L = Cu r ren t Asse t s – Cu r ren t

L i ab i l i t y .

NE T A S S E T S = F i xed Asse t s + Cu r ren t Asse t s –

Cu r ren t L i ab i l i t y .

2004-2005(Rs . In lakh) 2005-2006(Rs .

In lakh)

1 ,66 ,158 .28 1 ,49 ,914 .32= = 3 ,83 ,386 .84 3 ,65 ,976 .73

= 0 .43 = 0 .41

DE B T S EQ U I T Y RA T I O : -

To ta l Deb ts = Ne t Wor th

TO T A L DE B T S = Secu red Loan + Unsecu red Loan +

Sundry Deb to r

NE T WO R T H = Sha re Cap i ta l + Rese rve & Su rp lus

2004-2005(Rs . In lakh) 2005-

2006(Rs . In lakh)

1 ,46 ,338 .94 97 ,169 .04= = 3 ,10 ,470 .53 3 ,30 ,107 .15

= 0 .47 = 0 .29

DE B T RA T I O : -

To ta l Deb t =

Ne t Asse t s

TO T A L DE B T = Secu red Loan + Unsecu red Loan +

Sundry Deb to r s

NE T A S S E T S = F i xed Asse t s + Cu r ren t Asse t s –

Cu r ren t L i ab i l i t y

2004-2005(Rs . In lakh) 2005-2006(Rs . In lakh)

1 ,46 ,338 .94 97 ,169 .04= = 3 ,83 ,386 .84 3 ,65 ,976 .73

= 0 .38 = 0 .27

NE T A S S E T S TU R N RA T I O : -

Sa les

=

Net Asse t s

2004-2005(Rs . In lakh) 2005-

2006(Rs . in lakh)

3 ,75 ,339 .26

4 ,09 ,760 .12

= =

3 ,83 ,386 .84 3 ,65 ,976 .73

= 0 .98 = 1 .12

TO T A L A S S E T S TU R N O V E R RA T I O : -

Sa les = To ta l

Asse t s

TO T A L A S S E T S = Cur ren t Asse t s + F i xed Asse t s

2004-2005(Rs . In lakh) 2005-

2006(Rs . In lakh)

3 ,75 ,339 .26 4 ,09 ,760 .12= = 4 ,73 ,630 .31 4 ,76 ,460 .95

= 0 .79 = 0 .86

F I X E D A S S E T S TU R N O V E R RA T I O : -

Sa les

= F i xed Asse t s

2004-2005(Rs . In lakh) 2005-

2006(Rs . In lakh)

3 ,75 ,339 .26 4 ,09 ,760 .12= = 2 ,17 ,225 .56 2 ,16 ,062 .41

= 1 .27 = 1 .90

A N E Y E O N F U T U R E

F inanc ing p lann ing i s ve ry impor tan t ac t i v i t y

f o r each and eve ry company fo r r equ i rement o f

f i nance so tha t , t he re i s no any sho r t f a l l o r access

o f money w i th the company .

I n the I FFCO ka lo l has ve ry e f f ec t i ve and

e f f i c i en t a ssuming s t ruc tu re f o r f i nance p lann ing .

F i r s t l y , a s pe r the da i l y r equ i rement o f d i f f e ren t

expenses and i ncome . F&A depa r tment de te rm ine

the ra t i o , l i ke how much amount keep as a ba lance

i n bank accoun t .

I n ka lo l un i t t he re a re no t access amount pu t

i n the accoun t . When any depa r tment have

requ i red o f money f i r s t i t w i l l i n f o rm to fund

management commi t tee ( F .M .C ) i n i t s head o f f i ce ,

De lh i . Fund management commi t tee i s check a l l

t he expenses document sen t by i f f co ka lo l un i t ,

t hen FMC dec ide how much amount w i l l passed f o r

the company requ i rement . FMC t rans fe r payment

f r om De lh i bank to ove r seas bank o r any o the r

bank wh i ch nea re r the ka lo l un i t . Th i s t ype o f

payment t rans fe r mos t l y accu ra te th ree days i n a

week Monday , Wednesday and F r i day .

C O N C L U S I O N

We have j u s t comp le ted v i s i t o f I F F C O Du r ing

the v i s i t we have obse rved tha t the da i r y p roduce

p roduc t w i th h igh techno logy , so we can say tha t

da i r y hav ing be t te r chances to g row marke t i n

f u tu re . I F F C O have been es tab l i shed i t s i den t i t y as

we l l a s ea rn name in l oca l and g loba l marke t .

Emp loyees o f t he da i r y be l i eve i n ‘Work i s

wo rsh ip ’ I F F C O can be met the demand o f the

consumer by p roduc t i on depa r tment and by

f i nanc ia l depa r tment company can ge t f i nance a t

m in imum ra te and management i s a l so we l l .

I expec t tha t I F F C O w i l l become ve ry success i n

f u tu re and ach ieve i t s ob jec t i ve speed i l y .