sector Companies in India Human Resource Accounting Practices in Publi The percentage of executives in the total of manpower has slight ts that increased during the period of study. The table also dep the total number of supervisory personnel which was 3040 in 1992-93 decreased to 2435 in the year 2001-02. The percentage of supervisors in the total number of employees also came down from 13.95 in the year 1992-93 to 10.16 in 2001-02 showing a declining trend in their relative importance in the corporation. From the analysis of workmen in the corporation, it is observed that the percentage of workmen in the total number of staff has also dipped from 56.23 in the year 1992-93 to 54.70 in 2001-02. This decling trend in the total number of employees in the corporation does not indicate the low importance of employees in the company organisation. It is simply because of the golden handshake scheme and policy of downsizing in public sector enterprises by the Government of India. This decrease in the number of employees has in no way resulted into poor performance of corporation rather it still con ues with the tag of Navratan, Human Resource Accounting Practices in NTPC NTPC assesses its human resource assets using various accounting principles embedded in HRA philosophy to treat them at par with other assets. Lev and Shwartz model of HR accounting has been employed to asses the value of HR in the corporation 139India Human Resource Accounting Practices in Public Sector Companies it Category wise details of the same for different years are depicted in the following table: Table (4.1) Showing Trends in Structure and Valuation of Human Resources in NTPC (Period 1999-2000 to 2001-2002). Category 1999-2000 2000-01 2001-02 No. of Value of HR | No. of Value of HR | No. of ] Value of Employees | (Rs. Employees | (Rs. in Employees | HR(Rs. in Crores) Crores) Crores) Executives 7607 3284.96 7945 3657.30, 8423 3917.53, 1.66) (40.61) (33.13) (38.32) (35.14) | (40.06) ‘Supervisors 2893 935.27 2779 1106.92 2435 1011.99 (12.04) (1hs6) (11.s9) (11.59) 10.16) | (10.35) | Workmen 13524 3868.19 13254 T7915 isi | 4849.56 (56.29) (47.82) (55.28) (50.08) (54.70) | (49.59) Total 24.24 3088.42 23978 9583.37 23972 9779.08 (100.00) | (100.00) | (100.00) | (100.00) | (100.00) | (100.00) | Note: Figures with in brackets indicate percentage to total Source: Annual Reports, NTPC Ltd. Data set out in above noted table shown that the total value of human resources in NTPC Ltd has increased from Rs. 8088.42 crores in 1999-2000 to Rs. 9779.08 crores in 2001-02 registering an increase of 20.9 per cent over the year 1999-2000. However the number of employees as noted in earlier table also due to downsizing and VRS policy of government of India has decreased by 0.22 percent over the same period 140Human Resource Accounting Practices in Public Sector Companies in India In percentages terms, the value of executives in total value of all employees was 40.61 in 1999-2000, 38.32 in 2001-01 and 40.06 in 2001-02. The value of supervisors in total value was 11.56 in 1999-2000, 11.59 in 2000-01 and 10.35 in 2001-02. Similarly the value of workmen in total value of HR in NTPC Ltd was 47.82 in 1999-2000, 50.08 in 2000-01 and 49.59 in 2001-02. The final analysis of percentage share of value of executives, supervisors and workmen clearly reveals that value of executives has not changed much in all three years of review, but supervisory personnel’s value in total value has decreased in all the years. The proportion of value of workmen in total value of HR in NTPC has shown an upward movement in 2000-01 as compared to previous year but has dipped marginally in 2001-02 as compared to 2001-02 Employee Cost Employee cost has been depicted by the NTPC in all the Balance sheets. Data noted in table (4.2) makes an assessment of what has been spent by the NTPC on its employees during 1992-93 to 2001-02. It is observed that the amount spent on salaries, wages and benefits including Provident Fund and other contributions and excluding payment to personnel for social amenities amounted to Rs. 11744 lakhs in 1992-93which jumped to Rs. 74943 lakhs in the year 2001-02 registering a significant rise of 538.14 per cent over 1992-93 14