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1
A Case Study of Absenteeism in Essential Company at Pandemic
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A Synopsis on
"A Case Study of Absenteeism in Essential Company at Pandemic
With reference to Maharashtra State Power Generation Co. Ltd"
Submitted to
School Of Commerce and Management
Nashik.
By
Mr. PRAVIN VENKATRAO SONTAKKE
PRN No. 2020017001949682
1. Introduction:
Present study is undertaken in Maharashtra State Power Generation Co Ltd.,
which is well known as MAHAGENCO. It has earned good name for Generating adequate
power for Maharashtra on a sustainable basis. MAHAGENCO has been incorporated
under Indian Companies Act 1956 pursuant to decision of Govt. of Maharashtra to
reorganize Erstwhile Maharashtra State Electricity Board (herein after referred to as
“MSEB”). The said reorganization of the MSEB has been done by Govt. of Maharashtra
pursuant to Part XIII read with section 131 of The Electricity Act 2003. Mahagenco has
been incorporated on 31.5.2005 with The Registrar of Companies, Maharashtra and has
obtained Certificate of Commencement of Business on 15.09.2005. Mahagenco is engaged
in the business of generation and supply of Electricity and has been vested with generation
assets, interest in property, rights and liabilities of MSEB as per Gazette Notification dated
4th June 2005 issued by Industry, Energy and Labour Dept of Govt. of Maharashtra
pursuant to section 131 of Electricity Act 2003. Mahagenco has the highest overall
generation capacity and the highest thermal installed capacity amongst all the state power
generation utilities in India. In terms of installed capacity, it is the second highest
generation company after NTPC. Mahagenco is committed to expanding the generation
capacity to meet the ever-growing power supply need of Maharashtra. The company is
implementing a huge capacity addition programmed. Mahagenco having generation
capacity of 13602 MW comprising 10170 MW thermal, 2580 MW hydro, 672 MW gas
turbine and 180 MW solar; was established by government of Maharashtra under the
central electricity act-2003 with the principal objective of engaging in the business of
generation of electricity & Mahagenco produces cheapest power for consumers in state.
Mahagenco is the only State Utility having a very well balanced generation portfolio
involving thermal, hydro and gas stations. The first 500 MW plant to be installed in any
State Utility belongs to Maharashtra. Mahagenco has introduced latest technologies at its
ongoing power projects. Company believes in conservation of natural resources. Towards
this purpose, it has Ash Water Recovery System, Effluent Treatment Plant, which
functions to international standards. As a part of its commitment to the greener and cleaner
world, has planted green belt all over available land in and around all power stations and
power projects premises as well. Company is a pioneer in utilization of Fly Ash. The Fly
Ash from our plants is used for a wide range of activities spanning agriculture to cement
manufacture. Company strongly believes in continuous training and skill up gradation of
its employees. We run training centers at Koradi and Nasik. Company has a strong
commitment to community development. The company has its own policy for Corporate
Social Responsibility (CSR) and necessary funding is being provided for various
development works in the vicinity of our all projects and in line with needs of local
community. The company conducts and operates Recreation and Welfare Centers and also
has its own Dispensary to ensure better health conditions of its employees.
Company has recently introduced SAP-ERP system in its overall working.
Although its pandemic situation electricity is essential need of people so for that
every worker must be present at work place.
A Case Study of Absenteeism in Essential Company at Pandemic
3. Objectives of Study:
4. Hypotheses:
Mahagenco Company is very much capable to increase electricity production with
low absentee.
While working in pandemic at essential service company health of employee is at
risk.
5. Research Methodology
Research methodology refers to the scientific procedure for the acquiring
knowledge based on empirical observation and logical reasoning.
It is imperative that any type of essential organization in the present pandemic
environment need systematic supply of information coupled with tools like ratio
analysis for making sound decisions which involve minimum risk. In this context
research methodology plays very important role in Government owned business.
The topic is very relevant in present context and in particular to this company.
Privatizations have increased the competition and it has become essential for every
company to evaluate its employee absentee for its future growth. This project includes
following three steps.
A Case Study of Absenteeism in Essential Company at Pandemic
Data Collection:
The researcher will collect the primary data for this project by using all the
three methods i.e.
Questionnaire Method
Direct unstructured Interview method
Observation Method
A separate questionnaire will be designed and served to people holding key
positions. The approximate number of respondents is 10.
For additional insight into the affairs of the company unstructured interviews
and discussions will be conducted. These interviews may reveal additional
information about company’s financial position.
The researcher is presently working with the same firm so he will get
chance to observe all the proceeding and functioning of the company. So, all the
three methods will be used effectively to collect primarydata.
Secondary Data
The secondary data is the data published by some other agency for its own
purpose. In this project secondary data is more important. So the annual reports,
balance sheets, profit & loss account of ABC Industries will be used for the
purpose. Thereafter with the help of ratio analysis technique and trend rations will
be drawn. This data will be presented in tabular and graphical form to draw the
conclusion. Further based on this study scheme of suggestions will be given.
A Case Study of Absenteeism in Essential Company at Pandemic
(1) For the above mentioned study period of 3 years i.e. 2007-08, 2008-09,
2010-11 isconsidered.
Expected Contribution
This project will help to assess the financial health of the organization. It will put
some light on the financial position of the ABC Industries for the given period. It will
show the areas where organization must reduce its cost to enhance its profitability. It
will help the organization in financial decision making by pointing our critical areas
for cost saving. It will also help the organization in optimum utilization of its
resources. The study may help the organization to enhance its profitabilityfurther.
6. Chapterisation
Chapter-I : Introduction
Chapter-II : Theoretical Background
Chapter-III : IndustryProfile
Chapter-IV : Data Presentation and Analysis
Chapter-V : Findings, Conclusions and Suggestions
Bibliography
Appendix