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Labour & Employee Securities

In

Mahindra & Mahindra Ltd.

Submitted to

Punjab Technical University

In the partial fulfillment of the requirement for the award degree of

Master of Business Administration (MBA)

Session 2010-2012

Submitted To: - Submitted By:-

MR. PANKAJ PHUTELA PUSHAP RAJ

Univ. Roll No. 104292247343

CHANAKYA INSTITUTE OF MANAGEMENT

GHARUAN

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DECLARATION BY THE STUDENT

I hereby declare that this project tilted Labour & Employee Securities is based on the

original work carried out by me under the supervision of Mr. Pankaj Phutela is an original and

bonafide work carried out in partial fulfillment of the requirement of the award of the degree

of Master of Business Administration of Punjab Technical University.

This is my original work and not submitted for any other diploma, fellowship, award or

prizes. This is my sole effort.

PUSHAP RAJ

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Acknowledgement

Every venture is made successful by active cooperation and guidance of the people concerned

with it, which was forthcoming in full during this study

At the very outset, I bow my head before the sovereign of the sovereigns (Almighty) Say:

Infinite thanks are due to the almighty who endowed me with the power of mind & is not only

my leaned supervisor but is also the soul creator of this mortal universe.

I am extremely grateful and highly indebted to our respected Mr. Pankaj Phutela under whose

able guidance and supervision like able and dedicated faulty is functioning and who provided

everybody the opportunity to work on this project.

I sincerely acknowledge the kind help and able guidance and wearing attitude showed by all the

faculty members and Mr. Arun Sharma who always provided the best of their knowledge.

I express my sentiments of gratitude to Sh. Sunil Sharma, Mahindra and Mahindra Ltd. who

gave me opportunity for summer training in his organization.

Last but not the least, I would like to express my immense gratitude to my parents friends for

their indispensable support.

(PUSHAP RAJ)

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Preface

An ever-increasing business in todays world, in any organization the most important and

essential resource is social and economic well being of the contemporary Indian society. Every

enterprise requires money, material and management. All these facts are important but even to

mobilize them you need MAN. Therefore human resources need to be managed very effectively

and their welfare is equally important for successful achievement of goals of an organization.

With the growth of large market for sophisticated product and service in the last five to six

decades, the role of people as mere labourers diminished. Decision making in organization

needed greater skills of management. Social security is as old as society itself, but its form has

evolved according to its needs and the level of social consciousness of the people. The concept

of social security is very dynamic which affects and in turn get affected by others. People

aspiration and needs were not limited to earn some wages but extended to job satisfaction and

emotional satisfaction.

In this project I have attempted in particular to observe study, analyse and interpret the welfare

facilities provided to the labourers in Mahindra and Mahindra Ltd..

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Contents

Sr. No. Topic Page no.

1. Company Prosfile 1-122. Review of literature 133. Introduction to Study 14-264. Labour Welfare & Social Security Measures 27-355. . Labour Welfare & Social Security in Mahindra and Mahindra Ltd. 36-416. Objectives 42-457. Research Methodology 46-478. Analysis & Interpretation 48-609. Findings & Suggestion 61-62

10. Conclusion 63

11. Questionnaire 64

12. Bibliography 65