homework help,online homework help,online tutors,online tutoring,research paper help,do my homework, https://www.homeworkping.com/

1. Get Homework/Assignment Done
Homeworkping.com
Homework Help
https://www.homeworkping.com/
Research Paper help
https://www.homeworkping.com/
Online Tutoring
https://www.homeworkping.com/
click here for freelancing tutoring sites
AnOrganisationStudy
atIndianRareEarthsLimited,Chavara,Kollam
Submittedinpartialfulfillmentfortherequirementfortheawardofthedegreeof
MASTEROFBUSINESSADMINISTRATION
MGUNIVERSITY
KOTTAYAM
Submittedby
AmpadySRegister
No:10111
Undertheguidanceof
Mr.:MathewKurianF
acultyMember
MBADepartment,CaarmelengineeringCollege,Pat
hanamthitta

2. CaarmelEngineeringCollegeP
erunad,PathanamthittaMay2
010

3. DECLARATION
Ideclarethattheprojectreportentitled“Anorganisationstu
dyonIndianRareEarthsLimited”SubmittedbymefortheawardofMasterofBusinessAdministra
tionofM.GUniversityismyownwork.Thereporthasnotbeensubmittedfortheawardofanyother
degreeofthisuniversityoranyuniversity.
Place:Kollam AmpadyS
Date:

4. ACKNOWLEDGEMENT
FirstofallIwishtoexpressmydeepgratitudeandthankstoGodwhohelpedusincompletingtheorg
anisationstudysuccessfully.
IshallremaingratefultoMr.:MathewKurian,Faculty,MBADepartment,CaarmelEn
gineeringCollegeforhisambleguidanceandencouragementforcompletingtheorganisationstudy.Iamals
oextremelygratefultofacultymemberfortheirvaluablesuggestionsandadviceregardingthiswork.
Ialsoexpressmy profoundgratitude to project guide Mr:
A.Jayapalan,Sr.Manager,HRMforhisvaluableguidanceandtimelyadviceandwellwishersforencoura
gementgiventousduringthecourseoftheproject.
ItismypleasuretoexpressadeepsenseofgratefultoMr:Chandrasekhar,Sr.
Manager,Safety &EnvironmentDepartment&MISwithout hisuntiringefforts
andtremendousbackgroundinformationthisworkwouldnothavematerialized.Iexpressmysincerethankst
oallthestaffofIREL,Chavarafortheirco-operationduringmystudyinthecompany.
Lastbutnotleastwethankmyparentsandforalltheirmoralsupportandhelp,theyhadgiventome.

5. CONTENTS
• Introduction
• IndustryProfile
• CompanyProfile
• ProductProfile
• CustomerProfile
• Departmentalisation
Y HRMDepartment
Y MiningDepartment
Y ProductionDepartment
Y QualityControlDepartment
Y Stores&DespatchDepartment
Y InternalAuditDepartment
Y Research&DevelopmentDepartmentY
Project&MaintananceDepartmentY
Marketing&SalesDepartment
Y
FinanceDepartment
Y
MedicalDepartment
Y SecurityDepartment
Y Safety&EnvironmentalDepartment
Y PurchaseDepartment
Y CivilDepartment
• SWOTAnalysis
• Findings
• Suggestions&Recommendations
• Conclusion
• Bibliography

6. TableofContents
Subject PageNumber
Chapter1
Introduction 7
Objective&Scopeofstudy 9
Methodology&Limitationsofthestudy 10
Chapter2
IndustryProfile 11
CompanyProfile 14
Historyoftheorganization 15
Vision&MissionofIREL 16
Awards&Achievements 17
ProductProfile 20
CustomerProfile 22
Chapter3
HumanResourceDepartment 24
MiningDepartment 37
ProductionDepartment 39
QualityControlDepartment 44
Stores&DespatchDepartment 46
InternalAuditDepartment 49
Research&DevelopmentDepartment 51
Project&DevelopmentDepartment 52
Marketing&SalesDepartment 54
FinanceDepartment 58
MedicalDepartment 62
SecurityDepartment 65
Safety&EnvironmentDepartment 66
PurchaseDepartment 71
CivilDepartment 72
Chapter4 SWOTAnalysis 73
Chapter5
Findings 77
Suggestions&Recommendations 78
Conclusion 79
Appendices 80

7. LISTOFTABLES&CHARTS
NameoftheTable/Chart Fig.No PageNo
CorporateStructure 1 8
Mineralavailability&Contribution 2 12
MineralDetails 3 13
ProductProfile 4 19
Product&Uses 5 20
DepartmentStructure–HRM 6 24
ManpowerStrengthofthecompany 7 26
Payscale–workmen 8 29
PayScale–Officers 9 30
Departmentstructure–TimeOffice 10 35
Departmentstructure–Mining 11 38
Departmentstructure–Production 12 39
ProductionCapacity 13 41
ProductionProcess 14 43
Departmentstructure–QualityControl 15 44
Departmentstructure–Stores&Despatch 16 46
Departmentstructure–InternalAudit 17 49
Departmentstructure–Research&Development 18 51
Departmentstructure–Project&Maintanance 19 53
Departmentstructure–Finance 20 58
Departmentstructure–Medical 21 62
Departmentstructure–Security 22 65
Departmentstructure–Safety&Environment 23 66
Departmentstructure–Civil 24 72
OrganisationStructure 25

8. INTRODUCTION
Eachandeveryorganisationhasitsownimportanceinthee
conomicwealthofthenation.Differentorganisationmeetsdifferentneedsofpeoplebyofferingdifferentpro
ductsandservices.Duetoglobalisationtheworldhaschangedintoaglobalvillage.Inthisfastandchangingbu
sinessscenario,itisimperativeforeveryentrepreneurtohaveavividunderstandingofthefunctionalapplicati
onofthenewagebusiness.Asapartoftheacademiccurriculumeachstudenthastoundertakeanorganisationa
lstudytogetpracticalexposure.ThisstudyisconductedatIndianRareEarthsLimited,Chavara.
IRELChavaraislocated10kmnorthofKeralaand85km
fromTrivandrum,capitalofKeralaand135byroadfromKochinisperhapsblessedwiththebestmineralsand
depositofthecountry.Theplantoperatesonaminingareacontainingashighas40%heavymineralsandexten
dingoveralengthof22kmsinthebeltofNeendakaraandKayamkulam.
Thedepositisquiterich
withrespecttoIlmenite,RutileandZirconandthemineralIlmenitehappenstobeofweatheredvarietyanalysi
ng60%TitaniumDioxide(TiO2).ThepresentannualproductioncapacityofChavaraunitengagedindryasw
ellaswet(dredging/Upgradation)miningandmineralseparationstandsat2,00,000tonesofIlmenite,1,14,5
00tonesofRutile,11,750tonesofZirconsand10,000tonesofSillimanite.Inadditiontothat,theplanthasfacil
itiesforannualproductionofgroundZirconcalledZirflourandMicroziroftheorderof6,000tonesand300ton
esrespectively.
IRELChavaraisoneoftheoldest
andleadingpublicsectorundertakingundertheDepartmentofAtomicEnergy(DAE).ItisanISO14001:200
0;OHSAS18000certifiedcompanysuppliesbeachsandmineralstotheforeignanddomesticmarket.Itcater
stherequirementsofdevelopedcountrieslikeU.S.A,U.K,Germany,Australia,Japanetc.Themajormineral
productsofIRELareIlmenite,Rutile,SillimaniteandZirflour.

9. CORPORATE STRUCTURE
OSCOMPlantO
rissa
MineralDivis ionC
havara
Corporate&Registered
officeatMumbai
MineralDivis ion
Manavalakurichi
RareEarths DivisionUdyogam
andal
FigNo.1

10. Chapter1
RESEARCHDESIGN
Aresearchdesignisaplanoftheproposedresearchwork.T
heresearchdesignsimplyaspecificpresentationofthevariousstepsintheprocessofresearch.Designmeansa
doptingthattypeortechniquewhichismostsuitedfortheresearchandstudyoftheproblem.Itisaplan,structur
eandstrategyofinvestigationconceivedsoastoobtainanswerstoresearchquestionsandtocontrolvariance.
1.1 OBJECTIVEOFTHESTUDY
Themainobjectiveofthestudyis
tofamiliarisewiththeorganisationalfunctionsintheorganisation,therearemanyotherminorobjectivesalso
.Theyarethefollowing:-
• Tounderstandabouthowanorganisation’ssystemisperforming.
• Toknowaboutvariousdepartmentsandtheirfunctionsinanorganisation.
• Tostudythemanagerialactivitiesperformedinanorganisation.
• Toknowhowanorganisationcoordinatesitsactivities.
• Togetapracticalexposureasthefuturemanager.
1.2 SCOPEOFTHESTUDY
Thescopeofthestudyistoknowabouttheorganisation
,itsstructure,thefunctionsperformedbyvariousdepartmentsandtoknowtheoverallperformanceofthe
organisation.Thestudywillhelpthemanagementstudentstogetapracticalexposure.

11. CaarmelEngineeringCollege,Pathanamthitta 10
1.3 METHODOLOGY
study.
Bothprimaryandsecondarydatawereusedforthis
1. PrimaryData:-
Theprimary datacanbeobtainedeither
throughobservationorthroughdirectcommunicationwithrespondentsinoneformoranotherorthroughper
sonalinterviews.Thereareseveralmethodsforcollectingprimarydata.Theyareobservationmethod,intervi
ewmethod,throughquestionnaire,throughscheduleetc.Hereprimarydatawereobtainedfromdirectintervi
ewsmadeonwithmanagers,officersandworkersofthefirm.
2. SecondaryData:-
Secondarydatameansdatathatarealreadyavailableie:-
theyrefertothedatawhichhavealreadybeencollectedbysomeoneelse.Heresecondarydata
werecollectedfromcompanybrouchers,manualsandotherrecords.
1.4 LIMITATIONSOFTHESTUDY
• Thestudyislimitedtomyexperienceandknowledge.
• Lackofavailabilityofsecondarydatafrompublishedjournalsandreports.
• Secrecyoftheorganisationpreventsthemfromgivingsomeofthedetailsregardin
g thefirm.
• Employeeswerebusyintheirworksotheycouldnotgivemoreinformat
ion.
• Theirmaybeerrorsduetothebiasoftherespondents.
• Timeisamajorlimitationinthecourseofstudy.

12. CaarmelEngineeringCollege,Pathanamthitta 11
Chapter2
INDUSTRYPROFILE
Rareearthselementsseriesofchemicalelementsofthepe
riodictable.Therareelementswithatomicnumbers57through71.Intheearlyyearstheseelementswerecons
ideredasrareelementsandsotheyarecalledasrareearthmetals.Latermanyelementsinthisgroupwerefound
splendidbuttheirnameremained unchanged.
Theprimarysourceofrareearthelementsisgreenishyellowcolouredmineralsand,whichisMonazite.Its
availability innatureisconfined
tocertainbeachesandrockfoundincertaincountries.ThebeachescontainingtheMonazitearefoundmixed
withothermineralstoo.Mostofthese areores
forvaluablemetals.Anoreisamineralformwhichmetalcanbeseparatedeconomically.TheseoresareIlmeni
te,RutileandZircon.IlmeniteandRutileformstheoreforTitanium,ZirconforZirconium.EventhoughAlum
inumbearingmetalGarnetandSillimanitearealsofoundalongwiththesebeachsandminerals.Buttheyareno
tcommerciallyexploitedforAluminumproductionduetoeconomicreasons.HoweverGarnetandSillimani
teintheirnaturalformarecommerciallysignificant.Ilmenitewhichisblackincolourconstitutesamajorchuc
koftheseminerals(60%)presenceofthesemineralsmakesthebeachesappearblack.Thesemineralsarecom
merciallyknownasbeachsandmineralsorheavyminerals.
Theoriginofbeachsandisfromrocks,whicharerichwithheavyminerals.Thissand
particlereachesseathroughrivers.Thesealevelisnotremainingconstant.Itisregardedthatthesealevel.Itisn
owreally100metersabovewhatwehadseen20,000yearsago.Thiswhitesandseenatthebeachareacontainst
hemainconstituteasQuartz.Thisislighterthanblacksand.Asaresultofmovementoftheseathissandwillero
deawayandblacksandgetdeposited.Theblacksandthusdeposited100yearsagoisminedandprocessed.
Intheyear1789Fr.WilliamGeorge(1761-
1817)discoveredIlmeniteatknowerinEnglandandstatedthatthisblacksandcontainssomeimportantmetal
.Buthefailedtodiscoverwhichmetalitwas.Afterseveraltime,intheyear1875theHungarianscientistMartin
HeenWitchKlapporthfoundthesamemetalcontainsintheRutilemineralsaboutwhichFr.WilliamGeorge
mentioned.AfteraseriesofinvestigationsarefoundthosemetalscontentasTitaniumafter“Titan”ofGreekm
ythology.

13. CaarmelEngineeringCollege,Pathanamthitta 12
Technologydevelopedovertheyearhasmadethebeachsandmineralstobeutilisedi
navarietyof“industrialanddomestic”applications.Monazitewasmainlyusedinthegasmantleindustry.Aft
ertheadventofelectricityitsdemanddecreasedinthegasmantleindustry.IlmeniteandRutileareusedinhight
emperaturerefactoryindustry,ceramicsindustryetc.Zirconisusedinfoundries,ceramics,refectoriesandin
themanufacturingofZirconiumchemicals,metalsandalloys.Zirflourisusedinfoundriesforhightemperatu
recastings.Garnetisusedinthemanufacturingofabrassivepolishingglass,TVtubes,forsandblastingandfor
waterfiltration.Thebeachsandminingandprocessingindustryhasvastfuturebecauseoftheirdemandinnuc
learindustrytoo.InthepresentscenarioofboomingeconomicslikeIndiaandchinathereisahugedemandfort
hebeachsandminerals,Ilmeniteinparticular.
ThecurrentworldproductioncapacityofIlmeniteandotherTitaniumfeedstocksfo
rproductionofTitaniumDioxidePigment,Titaniummetal,Weldingelectrodesetcisusedaround70lakhsmi
lliontonesperannum(tpa).ApproximatelyhalfofthisfrombeachsandsandthebalancefromIlmeniterocks
mostlyfoundinCanadaandNorway.InviewofthelimitedsupplyofnaturalRutileitsshareofconsumptionin
pigmentproductionisrathersmalland55%ofitstotalavailabilityofabout5lakhstpaisusedinthenon-
pigmentapplicationspredominantlyintheproductionofweldingrodsandTitaniummetal.Thepresentprod
uction
capacityofpigmentintheworldisjustabove4lakhstpa.NorthAmericaisthelargestproducerwith37%oftheg
lobalcapacity.Europewith32%capacityisthesecondlargestproducerandAsia-
Pacificregionwith21%capacityisthethird.Thebalance10%distributedamongtherestoftheworld.
Indiahasthelargestresourcesbaseof278milliontonesforIlmenite.Thisist
hesinglelargestandIlmeniteandleastexploitedmineraldepositintheworld.However10%ofthisisonlymin
erableresourcesbaseinIndiaforothermineralsare:-
Minerals InMillionTones Contributiontotheworld
Rutile 18 10%
Zircon 21 14%
Monazite 8 7%
Sillimanite 130 25%
Ilmenite 107 35%
FigNo.2

14. CaarmelEngineeringCollege,Pathanamthitta 13
InIndiatheinstalledproductioncapacityforIlmeniteisaround5-2lakhtpa(5-
6%ofglobalIlmeniteproduction)andtheproductionofIlmeniteandRutileduring2004-05wasover3-
5lakhtonesand1300tonesrespectively.
Presentlytherearefewprivateorganisationsengagedintheminingandmineralsep
arationofbeachsandminerals.TheIndianplayersatpresentareTransworldGarnetPrivateLimited,VVmin
erals,EarthMineralsPrivateLimited,TuticornTitaniumResourcesandvalueaddition.
TiMineral TiO2 USD/Tones
Mineralfeedstock
>Ilmenite
50-60 200-250
Manufacturingfeedstock
>Stag
>SynRutile
87
93
575
878
TiO2 Pigment
>RutileGR
>AntaseGR
99.8
99.8
3666
3333
TiSponge 99%Ti 11111
TiMillProductions 99%Ti 22222
FigNo.3
Itcanbeseenthatvaluewillbeincreasedabout100timethroughvalueadditionnaturalIlmenite.
Keysuccessforthebeachsandmineralindustryare:-
• IncreasetheIlmenitecapacitytoreacheconomicscaleofproduction.
• Valueadditionprojectinmineralsandrareearthscompound.
• Initiateactiontodevelopnewminingareas.
• ForwardintegratethroughstakeinworldleaderinpigmentIndustrylikeTinfoss,
DuPontorsellingupapigmentsplant.
• Exploreotherminingoptionsinneighboringcountries.

15. CaarmelEngineeringCollege,Pathanamthitta 14
COMPANYPROFILE
OnAugust18,1950IndianRare EarthsLimited
(IREL)wasincorporatedasaprivatelimitedcompanyjointlyownedbythegovt.ofIndiaandGovt.ofTravanc
ore,Cochinwiththeprimaryintentionoftakingupcommercialscaleprocessingofmonazitesandatitsfirstun
itnamelyRareEarthsDivision(RED)AluvaandKeralafortherecoveryofthorium.
Afterbecomingafullfledgedcentralgovt.undertakingin1963undertheadministra
tivecontrolofDepartmentofAtomicEnergy(DAE),IRELtookoveranumberofprivatecompaniesengaged
inminingandseparationofbeachsandmineralsinsouthernpartofthecountryandestablishedtwomoredivisi
onsoneatChavara,KeralaandotheratManavalakurichi(MK), Tamilnadu.
After agapof20yearsIRELcommissioned itslargestdivision
calledOrissaSandComplex(OSCOM)atChatrapur,Orissa.TodayIRELoperatesthesefourunitswithcorp
orateofficeinMumbai andproduces/sellssixheavymineralsnamely Ilmenite,
Rutile,Zircon,Monazite,SillimaniteandGarnetaswellasvariousvalueadded products IREL
ismakingprofitforthelast6yearswithitssalesturnoverreachingapeakexceedingRs:2600millionsin2000-
01,withexportcomponentofaboveRs:1000millions.
Chavaraplantisengagedintheprocessingofbeachdepositsavailableonthecoastal
beltofNeendakara-Kayamkulam.

16. CaarmelEngineeringCollege,Pathanamthitta 15
HISTORYOFTHEORGANISATION
IREL’shistoryshouldnotbenarratedwithoutmentioningt
he
nameoftheGermenchemistMr.HerrSchombergwhohasrealisedthattheshiningyellowishbrownparticles
stickingtocoir,acoconutfibershippedfromIndia(1909)containedMonazite.
Thissparkledthediscoveryofvastdepositofmonazitearichsourceofrareearthsagr
oupofelementswithawidevarietyofusesinindustryandscience.AfewplantswereoperatingatChavaraand
Manavalakurichifortheseparationofmonazite.
1948:-
Thegovt.ofIndiasetupatomicenergycommissionunderthechairmanshipofDr:HomiBhabha.Theexporto
fMonazitewasstoppedandthepossibilityofsettingupafacilitytoprocessthebeachsandmineralfortheprod
uctionofRareEarthswasexamined.
1950:-IRELwasincorporatedatBombay
1951:-IRELbecomethefull-
fledgedgovt.undertakingundertheDepartmentofAtomicEnergyandcommissionedconstructionofitsrare
earthsplantsatUdyogamandalinKerala.
1952:-RareearthplantwasdedicatedtothenationonDec24bytheJawaharlalNehru.1955:-
OpeningThoriumfactoryofBombay.
1965:-
OpeningmineraldivisionatKollaminKeralastatewithmanufacturingfacilitiesatChavarainKeralaandMa
navalakurichiinTamilnaduandagiantmineralsandseparationandsyntheticRutileplantatChatrapurinOris
sa.

17. CaarmelEngineeringCollege,Pathanamthitta 16
VISIONOFIREL
1. TobealeadingsupplierofbeachsandmineralsfromAsiabysupplying10%oftheworlddem
andforbeachsandmineralsoverthenext7-
10years.Itwouldbeachievingbymaximumutilisationofexistingcapacities,newcapacityaddition,capturi
ngmajorportionoftheincrementalgrowthintheglobalTiO2feedstockdemandandbydevelopingcompetiti
vevalueaddedRutile,Zircon,SillimaniteandGarnetproductsthatmakehandsomecontributiontorevenuea
ndprofits.
2. Tobecomethepreferredrareearthsproductssupplier(Producerand/orMarketer)fordomes
ticcustomerstoensurelongtermsentencesandprofitabilityofrareearthsbusinessandtoachieveadequateeff
iciencyinmonaziteprocessingaslongasitisnecessary/worthwhile.
MISSIONOFIREL
1. Toharnessbeachsandsinanenvironmentallyandsociallyresponsiblemannerforefficientl
yproducingmineralsandtheirtraditionalandinnovativevalueaddedproductsofworldclassqualitythatareu
sedtomakeincreasinglysuperior/novelproductsrequiredbycustomers.
2. Toplayadominantroleindevelopingdomesticrareearthsmarketbyproducingand/ormark
etingthequalityvalueaddedproductstorealisemaximumpotentialorrareearthsinarangeofapplications.
3. Tobuildaprofessional,creativeandcommittedworkforceandnurtureanenvironmentthatf
osterslearning,sharinganddevelopment.

18. CaarmelEngineeringCollege,Pathanamthitta 17
QUALITYPOLICY
IRELiscommittedtoprovideproductsofconsistantqual
itytotheirsatisfactionofthecustomersthroughQualityManagementSystems(QMS)implementation.
TECHNICALEXCELLENCE
IRELusesstateofarttechnologyinminingandmineralprocessing.Therichexperienceandprofessionalexp
ertiseofpeoplewhoareoneamongthebestintheindustryandstrictcompliancestoqualitystandardshasenabl
edIRELtoremainastheleadingsupplierofheavymineralstothenationandabroad.IRELisalwaysbeendrive
nyinnovationandsoundmanufacturingpractices,beitinproduct,technologyorprocess.
AWARDSANDACHIEVEMENTS
IRELhasfairlygoodrecordinitsperformanceduringthep
astdecade.From1997-
98onwardsalloutteameffortswastakenuptoachievenameplatecapacityfortheminingandmineralseparati
onplantsinallthethreelocations,totalsalesturnover,shareofexport and
profitaftertaxstartedimprovedbyleapsandboundsandthecompanyrecordedincreasing
profitsincethen.Inadditiontoproductionandfinancialperformance,IRELhasexcelledintheareasofmarket
ing,safetyandhumanresourcesmanagement.Inrecognitionofthecompany’sefforts,scopeawardedprestig
ioussilverTrophyof‘SCOPE’awardforexcellenceandoutstandingcontributiontothePublicSectorManag
ement-Specialturnaroundcategoryfortheyear1999-2000.Duringtheyear2006-
07IRELpostedalltimehighsalesturnoverexceeding3600millionswithexportcomponentoverRs:1000mi
llions
&alltimehighprofitbeforetaxofRs:1000millions.

19. CaarmelEngineeringCollege,Pathanamthitta 18
Followingarethelistofawards&recognitionwonbyIRELduringthelasttenyears.
EXPORTAWARDS
1. ChemicalandAlliedProductsExportPromotionCouncil(CAPEXIL)specialExportawardfro
mprocessedMineralgroupfortheyear1996-97,98,99,2000,01,02,03,04,05,06.
2. IndianChemical ManufacturesAssociationCertificate of
MeritforISO9000certificationfor1997,ISO9002certificationfor1998.
3. CertificateofmeritfromCHEMEXCILunderthe categoryofbasicinorganic andorganic
chemicalsforoutstandingperformancefortheyear2000-2001 includingAgrochemicalPanel.
SAFETYAWARDS
1. AERBsafetyawardswonbyChavaraUnit(Winner)fortheyear2003.
2. GreentechawardswonbyChavaraUnit(Winner)fortheyear2003.
3. Safety award from National Safety Council, Kerala chapter won b
ChavaraUnit(Runner)fortheyear2003.
4. NationalSafetyAward(Mines)forlowestInjuryFrequencyRatewonbyChavaraUnit(Winner
)firtheyear2003.
5. ApartfromabovenationallevelsafetyAwardscompany’sMineralSeparationplantsnamelyCh
avarahaswonmanystatelevelawards.
OTHERAWARDS
1. SilverTrophyof‘SCOPE’awardforexcellenceandoutstandingcontributiontothePublicSecto
rManagement_SpecialTurnaroundcategoryfortheyear1999-2000.(SCOPE-
StandingconferenceofPublicEnterprises)
2. Enterprise ExcellenceAward 1999-2000, 2000-2001 from Indian Institute
ofIndustrialEngineering.
3. HindiRajbhasaShield fortheyear2000-
2001forthebestamongstPSU’sunderDepartmentofAtomicEnergy.

20. CaarmelEngineeringCollege,Pathanamthitta 19
FUTUREPLAN
InthelightofnewchangingeconomicscenarioIRELispoi
sedtoadoptatwoprongedstrategynamelyconsolidationandexpansionoftheoperationsandjointventuref
orvalueadditionandnew productionfacilities. Company
ispoisedtoreachgreaterheightsintheyearstocome.ThephaseIexpansionatChavaraisnearingcompletio
nandtheexpansionatMKisexpectedtotakeoffsoon. Expansion
ofcapacityatOSCOMisalsoprogressing.Iadditiontoexpansionofmineralseparationplants,thecompan
yisplanningtorestartthemanufacturetherareearthsproductsinbigwaywithimplementationofMonazite
ProcessingPlant(MoPP)atOSCOMwhichislikelytocommencecommercialoperationby2009.Thesucc
essfulcompletionofexpansionactivitieswillbringforthaneweraofhighercapacityandprofitsandthecom
panyitishopedwillattainthepinnacleofglory.Thecompanywillcontinuetobeoneamongstthemostsucce
ssfulPSU’s.

21. CaarmelEngineeringCollege,Pathanamthitta 20
PRODUCTPROFILE
Product means to the goods and
servicescombinationthecompanyofferstothe
targetmarket.
Product Specification SpecificGravity Density Packaging
Ilmenite TiO2-58% 4.45-4.54 2600-2630
InbulkHLPbagswith
Polithineliner
RutileQ
Grade
TiO2-95% 4.18-4.24 2630-2650
Inbulk50kgHLP
bagswithPolithineliner
Zircon
Special
Grade
ZrO2-58% 4.60-4.70 2900-3000
Inbulk50kgHLP
bagswithPolithineliner
SillimaniteQ
Grade
Al2O3 3.20-3.25 1950-2050 50kgjutebags
Zirflour ZrO2-64% - 1800-1850
50kglaminatedHLPba
gswithPolithineliner
Microzir ZrO2-63.5% - -
Liner20kglaminated
Polithinebags
FigNo.4

22. CaarmelEngineeringCollege,Pathanamthitta 21
Products Uses
Ilmenite
ManufacturingofTiO2pigmentsyntheticRutileandTitaniumslag
Rutile Fluxesforweldingelectrodes
Zirconsand Ceramics,Refractoriesandfoundries.
ZirconFlour Ceramicsandfoundries.
Microzir PacifierinCeramics
Sillimanite Refractories
Garnet Abrasiveforsandblasting,waterjetcuttingandglasspolishing.
Monazite RawmaterialforproductionofRareearthComponent
CompositeREChloride
Catalyst,Paintdriers,basicrawmaterialforMisc.metalwhich
usedaslighterfrint&mantles.
ThoriumNitrate GasMantles
FigNo.5

23. CaarmelEngineeringCollege,Pathanamthitta 22
CUSTOMERPROFILE
companyarethefollowing:-
A. ILLMENITE:-
Primecustomersofthemajorproductsofthe
1. KOCHINMINERALSANDRUTILELTD.KOCHI.
2. DCWLTD.TUTICORN.
3. TRAVANCORETITANIUMPRODUCTSLTD.
4. KILBURNCHEMICALSLTD.TUTICORN.
5. KOLMAKCHEMICALSLTD.KOLKOTA.
B. RUTILE:-
1. ESABINDIALTD,CHENNAI/KHARDAH.
2. ADORWELDINGLTD.,MUMBAI/CHENNAI.
3. D&HSECHERONELECTRONICS(I)LTD.,INDORE
4. MARUTHIWELDLTD.,GURGAON.
5. ROYALARCELECTRODESPVT.LTD.VASAI,THANNEDIST.
C. ZIRCON:-
1. THIRUPATHIMICROTECH(P)LTD.,UDAIPUR.
2. RUBYCERAMICSPVTLTD.,PUNE.
3. ASTRONCERA,SALALDIST,SABARKANTHA.
4. JOHNSONMATTHAEYCERAMICSINDIALTD,HOSUR,TN
5. FOURFIELD,PUNE.
D. ZIRFLOUR:-
1. FOSECOINDIALTD.,PUNE.
2. VIDEOCONNARMADAGLASS,BHARUCH.
3. H&RJOHNSON(I)LTD.,MUMBAI.
4. NAHARCOLOUR&COATINGLTD.,UDAIPUR
5. BHANUCERGLAZEP.LTD.

24. CaarmelEngineeringCollege,Pathanamthitta 23
E. SILLIMANITE:-
1. MAITHANCERAMICSPVT.LTD.,CHIRKUNDA,JHARKHAND
2. MANISHRIREFRACTORIES,CUTTACK.
3. ASSOCIATEDCERAMICS,CHIRKUNDA,JHARKHAND.
4. TATAREFRACTORIES,BELPAHAR,ORISSA.
5. ASSOCIATEDCEMENTCOMPANIESLTD.,NAGPUR/KATNI.
F. RAREEARTHSCHLORIDE:-
1. CIBASPECIALITYCHEMICALS,UDYOGNAGAR,GUJRAT.
2. DHIRAJINTERMEDIARIESPLTD.,VAPI,GUJRAT.
3. RAVESHIAPIGMENTSLTD.,VAPI,GUJRAT.
4. ANUPAMCOLOURS,VAPI,GUJRAT.
5. BERGERPAINTSINDIALTD.,VAPI,GUJRAT.
G. THORIUMNITATE:-
1. FARGOMANTLEPRODUCTSLTD.,MUMBAI.
2. MAKANIPRODUCTSLTD.,MUMBAI.
3. B.KSHAWINDUSTRIES(P)LTD.,KOLKATA.
4. A.D.CMANTLEMANUFACTURINGCO.,MUMBAI.
5. ELITEINDUSTRIES,MUMBAI.

25. CaarmelEngineeringCollege,Pathanamthitta 24
DEPARTMENTS
1. HUMANRESOURCEDEPARTMENT:-
IRELChavaratakesplaceit’shighlymotivatedandtrainedhuman
resourcethathasmaximiseditsperformanceandtheirbyitsgrowthandprofit.Moraleoftheemployeesremai
nsfacilitatingsmoothworkingofthecompany.Skillrequirementrelatedtodifferentdisciplinesareidentifie
dandtrainingprogramsandworkshopsareefficiencyofthehumanresource.
DEPARTMENT STRUCTURE
UnitHead
GeneralManager
HRM
Dpty.Manager
SectionHead
SeniorManager
(HOD)Medical
Dpty.AdminOfficer
Time Officer
Manager
Security
Medical
Personnel
SeniorAsst.
TimeOfficer
Security
Guards
Sec.
HeadTra
ining
Sec.
HeadL
egal
Incharge
Welfare
SubordinateStaff/ClericalStaff
FigNo.6

26. CaarmelEngineeringCollege,Pathanamthitta 25
HRdepartmentleadbyGeneralManagerand
twoDeputyManagersassistedhim.TheSecurityDepartmentandTimeOfficeareworkingundertheGeneral
ManagerofHRDepartment.FourDeputyOfficersand14clericalstaffsareworkingundertheDeputyManag
ers.
PeoplearethemostimportantresourcesofanorganisationThemainf
unctionsofHRDepartmentare:-
1. Administration
2. IndustrialRelations
3. TrainingandEmployeeWelfare
4. TimeManagement
1.ADMINISTRATION
include
a. Manpowerplanning
b. Recruitmentpolicy
c. Performanceappraisal
TheadministrativefunctionsofHRdepartment
d. Salaryandwagesadministration
e. Industrialdiscipline
f. Maintainingservicebookandpersonnelfile
g. Maintainingreservationregister
a) ManpowerPlanning:-
Manpower Planning is important for any type of
organisation.Itistheprocesswhichdetermineshowanorganisationshouldmovefromitscurrentma
npowerpositiontoitsdesiredmanpowerposition.Forthispurpose,theHRdepartmentatIREcollect
sfeedbackfromalldepartmentinordertoidentifytheirmanpowerrequirementsofvariousdepartme
ntsandthentheHRdepartmentcrosscheckwhetherthereisanyoverstaffinginanyofthedepartments
.Ifthesedepartmentshaveexcessofstaff,theyaretransferredtothosedepartmentswherethereisasho
rtage.
Thecompanyconsidersthenumberofemployeespresentlyassigni
ficantlyhigh.ThereisaproblemthatsometimetheVRScanleadtoscarcitytoworkersforparticularjo
b.AtIRELusingtheprocessofmultitaskingtheemployeesare

27. CaarmelEngineeringCollege,Pathanamthitta 26
OrganisationStudyonIRELChavara
madefittoworkinotherfunctionalso.BytheVRSschememorethan100employeeshavebeensento
utwithinspanof3years.
Manpowerofthecompany
Thereare491employeesinthecompany.Totalexecutivesare105andworkmenare
380.Thenumberofcontractworkersare632.
Detailsshowedasbelow.
MANPOWERSTRENGTH
Male Female Total
Executives 83 22 105
Workmen 355 31 386
Total 438 53 491
CONTRACTWORKERS
Loading 65
Civil 85
Mining 235
Bagging 218
Canteen 29
Total 632
b) Recruitmentpolicy:-
FigNo.7
RecruitmentinChavaraPlantisdonethroughlocalemploymentex
changeforfindoutprospectiveworkers.TheofficestaffsandmanagersarerecruitedbytheHeadOfficethrou
ghtestsandInterviews.
RecruitmentCriteria
Fortherecruitmentofcandidates,thecandidatesshouldbeabove18yearsofage.Th
efollowingstepsaretakenbeforetherecruitmentofemployees.Theyaregovt.guidelines, the recruitment
only through employment exchange, notification in internet and

28. CaarmelEngineeringCollege,Pathanamthitta 27
OrganisationStudyonIRELChavara
advertisementinnewspapershouldbeneeded.Applicationwillbescrutinisedwiththehelpofaselectioncom
mitteeandeligiblecandidatesarecalledforaninterview.
Selection:-
Thestepsfollowedintheselectionprocessare
1. Invitingandreceivingapplications
2. Scrutinisingtheapplications
3. SelectionTest:-Theselectiontestsofemployeesare
a. AptitudeTest
b. PersonalityTest
c. AchievementTest
d. TradeTest
Appointmentwill bebasedon
certaincriteria’sliketheyaremedicallytestedafterthatinductiontrainingshouldbegiven.Aftertrainingfora
periodofoneyearormoretheywillbeputaspermanentemployees.
c)PerformanceAppraisal:-
Appraisalistheevaluationofworkqualityormerit.InthecaseofIR
Eperformanceappraisalisasystematicevaluationofemployeesbysupervisorsorotherfamiliarwiththeirpe
rformance.
1. Straightrankingmethod:-
Underthismethodmenasawholearecomparesfromothermenandrankedo
nthebasisofoverallperformance.
2. Gradingmethod:-
Underthismethodcertain categoriesofwork
suchasexcellent,verygood,average,poor,very
poorareestablishedanddefinedactualperformanceofeachemployeethencomparedwiththegradedefinitio
nsandrankedtoevaluatetheperformanceof
theemployees.Lastgradeemployeesthatare8th
&9th
grade,theirworkperformancehavebeen
observedbysupervisors.ButinthecaseofexecutivesMBO’sareobservedtheirperformanceandefficiency.
InIREperformanceappraisalisdoneonayearlybasistoassestheperforman
ceoftheemployees.Theappraisalisdonebythreepersons.

29. CaarmelEngineeringCollege,Pathanamthitta 28
OrganisationStudyonIRELChavara
1. ReportingOfficer.
2. ReviewingOfficer.
3. EvaluatingOfficer.
Firstlytheemployeesthemselvesdoanappraisalandthisisgiventotherepo
rtingofficerandthepersonwhohasdonetheKeyAppraisaltogetheridentifiestheKeyResultAreasandweig
htageisallottedtoeachoneofthem.Thisisusuallydoneatthebeginningoftheyear.Thereportingofficerchec
kswhethertheresultareassetwheremetbytheappraisaloriftheiranydeviationfromit.Andthisistobesenttor
eviewingofficerandthenevaluatingofficer.Variousotherfactorssuchastheappraiser’smanagerialskillsli
kejobknowledge,interpersonalskillsarealsoincludedandguidedandthatisallottedintheappraisalandthere
promotionisbasedsolelyseniority.
Promotion:-
InIRELpromotionisgivensenioritybasedorbasedonexperience.Promotionisatra
nsferofanemployee toa jobthatpaymoremoneyor that
enjoyssomepreferredstatus.Sometimesthecompanyis
consideringthelengthoftheservice,education,trainingcoursescompleted,previousworkhistoryetc.Some
timesthecompanyisalsoconsideredability,hardwork,co-operation,honestyetc.
ConditionforgettingPromotion:-
1. Averageleaveshouldnotexistmorethan15days.
2. Anydisciplinaryactionsshouldnotbetakenduringtheserviceofperiods.
3. Shouldnotapplyforjobinanyotherorganisation.
Thesecandidatesareeligibleforgettingpromotion.
d) SalaryandWagesAdministration:-
Wagesinthewidestsensemeansanyeconomiccompensationpaid
bytheemployerundersomecontracttohisworkersfortheservicerenderedbythem.

30. CaarmelEngineeringCollege,Pathanamthitta 29
OrganisationStudyonIRELChavara
ActsFollowed:
1. WorkmenCompensationAct1923Sec2(m).
2. PaymentofWagesAct1936Sec2(VI)
3. PaymentofWagesAct1948
PAYSCALE
Themonthlyremunerationreceivedbyeachoftheempl
oyeesincludingsystemofcompensation.
ScaleofPay:-
FORWORKMEN
Grade ScaleofPay
W-I Rs:4085-70-6885
W-II Rs:4110-80-7310
W-III Rs:4120-90-7720
W-VI Rs:4160-100-8160
W-V Rs:4185-110-8585
W-VI Rs:4270-120-9070
W-VII Rs:4325-135-9725
W-VIII Rs:4420-155-9845
W-XI Rs:4465-180-9865
W-X Rs:5750-190-10500*
FigNo.8
*-OnlyinRED,Aluva

31. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 30
ScaleofPay:-
FOROFFICERS
Code Designation PayScale
E-0 DeputyOfficer 6550-200-11350
E-1 Officer 8600-250-14600
E-2 SeniorOfficer 10750-300-16750
E-3 DeputyManager 13000-350-18250
E-4 Manager 14500-350-18700
E-5 SeniorManager 16000-400-20800
E-6 DeputyGeneralManager 17500-400-22300
E-7 GeneralManager 18500-450-23900
E-8 ChiefGeneralManager 20500-500-26500
E-8(a) ExecutiveGeneralManager 21500-550-27000
Directors 22500-600-27300
ChiefManagingDirector 25750-650-30950
FigNo.9

32. CaarmelEngineeringCollege,Pathanamthitta 31
OrganisationStudyonIRELChavara
e) IndustrialDiscipline:-
Disciplinary
actionsaretakenintheHRdepartment.Procedurefordisciplinaryactionsisonreceivingacomplaintaboutap
articularemployee,explanationisasked.Employeewillgiveanexplanationbefore15days.Iftheexplanatio
nisnotsatisfactoryhewillbegivenachargesheetandwillalsoconductadomesticenquiry.Forthispurposean
enquiryofficerisplaced.Afterconductingtheenquirythereportshouldbesenttothedisciplinarycommitteea
ndifnecessarycertainpunishmentmayalsogiven.
2.INDUSTRIALRELATION
Mostofthedisputeswillbesettledbythecompanyandtrad
eunions.Ifitisnotcleared,theycanapproachtothegovernment.TheTradeUnionsactiveinIREare:-
1. UnitedTradeUnionCongress(UTUC)
2. IndianNationalTradeUnionCongress(INTUC)
3. AllIndiaTradeUnionCongress(AITUC)
4. TravancoreMineralWorkersUnion(UTUC(B))
5. IndianEmployeesRareEarthFederation(CITU)
6. IndianRareEarthMazdoor(BMS)
Thesearetherecognisedunions.Therearesomecriteriafor
recognizingaunion;theunionwillhave15%ofemployeesastheirmembers.Alsosomeparticipativeforumis
present;theyareplantscommittee, safety
committeeandHousebuildingcommittee.Thesecommitteeswillhavetheequalparticipation.
3.TRAINING&EMPLOYEEWELFARE
TrainingandDevelopment:-
“Trainingistheactofincreasingtheknowledgeandskillsofanemployeeforduringaparticul
arjob”.IndianRareEarthLtdadoptedvarioustechniquesoftrainingforincreasing
themassproductivity.Thetraining programisrestructured
regularlyinIRE.TheobjectiveoftraininganddevelopmentinIRE

33. CaarmelEngineeringCollege,Pathanamthitta 32
OrganisationStudyonIRELChavara
1. Increasetheefficiency
2. Increasethemoralofthepeople
3. Reducetheabsenteeism
ProcedureforTraining
1. Identifyingthetrainingneeds
Thecompanyidentifiesthetrainingneedsthrough3ways:-
a. OrganisationAnalysis
b. TaskAnalysis
c. ManAnalysis
2. Executivesthemselveswilldiscussthetrainingneeds
3. Chartingoutthetrainingplanforaperiod
4. Basedonfeedbackindividualtrainingisgiven
TrainingMethods
IREhasmainlyfourtypesoftrainingmethods.
1. In-houseTraining
2. ExternalTraining
3. Vocationalraining
4. FirstAidTraining
personnelintheorganisation.
Thetrainingmethodcanbegroupedonthebasisoflevelof
1. In-houseTraining:-Otherwiseknownasonthejobtraining.
Inthismethodexpertfromoutsidecometotheorganisationandgivetraining.
2. ExternalTraining:-Alsoknownasoffjobtrainingisgivenoutsidethe
organisation.
everyyear.
3. VocationalTraining:-Atleast20%oftheemployeesshouldbetrained
4. FirstAidTraining:-30peopleinonebatchandgivethemtraining.

34. CaarmelEngineeringCollege,Pathanamthitta 33
OrganisationStudyonIRELChavara
EmployeesWelfare:-
Twotypesofemployee’swelfarearepresentinIREL.Theyare
1. Statutorywelfareand
2. NonStatutoryWelfare
Gratuity,ProvidentFund,Pension,Canteen,Med
icalAllowanceareincludedinthestatutorywelfare.FestivalAllowance,LTC,Recreation,TourFacilitiesar
eincludedinthenon statutory welfare.AlsotheIRELgivesomekindofallowances.Theyare
ShiftAllowance
For employeesworking in shifts expect general shifts will get an
allowanceasfollows
1st
Shift(8amto4pm) -
Rs:10/day2nd
Shift(4pmto1
2pm) - Rs:15/day
3rdShift(12pmto8am) - Rs:25/day
HardShiftAllowance
Sincetheplanthandlessandforitsproduction,itcreatesa
dustintheatmosphere.ConsideringthishardshipinworkeveryemployeesofChavaraplantgetsRs:135/-
monthashardshipallowance.
UniformAllowance
Everyemployeeisprovidedwithtwopairsofuniformineveryyear.Rs:100/montha
swashingallowancesisgrantedforallemployees.
TransportationAllowance
Everyemployee(exceptofficers)getsRs:700/-
permonthasconveyanceallowance.Officerswillget10%oftheirbasicpayastheirTransportationAllowanc
e.
Canteen
Aroundtheclockcanteenisprovidedfortheemployees.CompanywillchargeRs:6/
dayfromeachemployee.Thecanteenisunderthecontrolofcompany.

35. CaarmelEngineeringCollege,Pathanamthitta 34
OrganisationStudyonIRELChavara
AttendanceBonus
To increase attendance in the companygives annual bonus of 12
dayswagesforeveryemployeewhohaveminimum268dayspresence.
ProductionIncentives
EveryemployeegetsanamountofRs:525/yearasProductionIncentive
fromtheprofit.
LeavefacilitiesavailableinIRE
CasualLeave - 15days/year
SickLeave - 10/year(workers)
10full/20half(Officers)
EarnedLeave - 33days(Itcanbemaximumof300days)
SurrenderLeave - Each employee can surrender maximum 90
days/yearor75%ofearnedleave.
OtherBenefits
• 750mlmilk/day
• 4pearssoap/month
• OneTurkeyorTowel/year
• Shoes(1pair)/year
• OneUmbrella/year
• Houseloanupto4.5Lakhs
• MedicalFacilities
• EducationalAllowancestoworkerschildren
• FestivalAllowance
• GroupInsuranceScheme
• HolidayFacility
• LeaveTravelConcession(LTC)

36. CaarmelEngineeringCollege,Pathanamthitta 35
OrganisationStudyonIRELChavara
4.TIMEOFFICE
ThereisafullfledgedofficeheadedbyDeputyadministrativeoffic
er.Itfollowsapunchcardsystem.Differentallowancesofemployeesaregivenanditismainlydependonatten
dance.Itisprovidingaccordingtothereportfromthetimeoffice.ThetimeofficeisworkingundertheHRMde
partment.Themainfunctionofthisdepartmentistomaintainattendancerecords,leaveandservicerecordset
c.Thevariousallowances,attendancebonusalltheserecordsaremaintainedbythetimeofficedepartment.Al
soyearlyattendancebonusisgiventotheemployees.
Attendanceof265days/year -
12dayssalaryAttendanceof262days/year -
10dayssalaryAttendanceof243days/year -
07dayssalary
Structureofthetimeofficeasfollows
GeneralManagerHRM
DptyAdminOfficer
SeniorAssistant
AssistantClerk
Attender
FigNo.10

37. CaarmelEngineeringCollege,Pathanamthitta 36
OrganisationStudyonIRELChavara
Forrecordingattendancepunchingsystemfollowedhere.Theatte
ndanceregisterusuallykeepintimeoffice.Thetimeofficecollectsattendancefromconcernedauthorityalso
andmatchwiththepunchingsystem andavoidingswapping.
Timeofficehasthreecentersforpunchinginconvenienceofemployees.Inminingarea,indredgingplantalso
keepmechanicalpunchingmachine.Forthepurposeofsalaries thetime
officeissendingtherecordstothefinancedepartment.Ifthefinancedepartmentasksforanyclarificationthey
willdoit.
TRANSFERPOLICIESOFIREL,CHAVARA
Transferisthemovementofanemployeefromonejobtoan
otherwithoutinvolvinganysubstantialchangeinhisduties,responsibilities.Thecompanyisfollowing4met
hods.
1. ProductionTransfer:-
Whenaparticulardepartmentorjobisfacedwiththepressureofwor
ks,itsstrengthmaysupplementthroughfromotherdepartments.Suchtransfer’saregenerallymadewherean
ydepartmentisoverstaffedandotherisshortofmanpower.
2. ReplacementTransfer:-
Areplacementtransferisthetransferofasenioremployeetoreplac
ewithajunioremployeeornewone.
3. ShiftTransfer:-
Whenunitsinshifts,employeesaretransferredfromone
shifttoanotheronsimilarjob.
4. DepartmentTransfer:-
Transferfromonedepartmenttoanotherwithintheplantor
withintheorganisation.

38. CaarmelEngineeringCollege,Pathanamthitta 37
OrganisationStudyonIRELChavara
2. MININGDEPARTMENT:-
InIREtherawmaterialsforproductionprocessarecollectedthroughminingproces
s.Theproductionprocessstartswiththecollectionofbeachsandfromvariousplaces.Forcollectingthisbeac
hsandIREusesthefollowingtwomethods:SeaWashingandDredging.
SEAWASHING
Rawsandiscollectedfromsiteswheredepositsareoccurredduetonaturalbeachwashing.Pr
esentlyIREownstwositesoneatVellanathuruthu/Ponmanaandoneat132miningarea.Thereisaheavymine
raldepositoveralengthof22.5Km.Theyarefoundoverorcoastalbelthavinganaveragewidthof800meters.
Theseawavesdepositsthemineralssandonthebeachlineanditiscollected.Thenitissendtothemineralsepar
ationplant.
DREDGING
PresentlyIRE,Chavarahavetwofloatingdredges(MaterialRecoveryPlant(MRP))atKarit
huraandPuthenthura.TheseplantsareconstructedwiththehelpofNeumannEquipmentsPrivateLimitedAu
stralia.EachplantwascostaboutRs:10Croreasestablishmentcost.
TheplantDWUPusedforthemechanisedrecoveryofmineralsfromthebeachsand.TheDW
UPconsistofafloatingdredgingplantoperatinghydraulicallyandelectricallywhichcouldbemovedfromon
eplacetoanotherbasedontherequirement.Theplantisfloatinginanareahavingawaterdepthof6meters.The
sandalongwithwaterintheformofslurry(amixtureofsandandwater)ispumpedtotheheavyUpgradationeq
uipments.TheequipmentconsistofaseriesoftransferbinrotatingscreenscalledTrommer,SpiralSeparators
,Hydrocyclones,pumpsetcallbeingelectricallyoperated.TheDWUPcandredgeabout40to60tonesperhou
r.Therawsandhavinganaverageat40%heavymineralsisfedtothefloatingplantandupdatesitto85to90%mi
neralcontent.Thewastesand(Quarts)fromDWUPisusedforbackfillthedredgedarea.

39. CaarmelEngineeringCollege,Pathanamthitta 38
OrganisationStudyonIRELChavara
DEPARTMENTSTRUCTURE–MINING
HOD
SectionHeadMin
ing
In-chargeSurvey In-chargeDWUP In-chargeDWC
DWUP Operators MiningPersonnel
FigNo.11

40. CaarmelEngineeringCollege,Pathanamthitta 39
OrganisationStudyonIRELChavara
3. PRODUCTIONDEPARTMENT:-
Theactofmakinggoodsandservicesiscalledproduction.Ineverydayspeech‘Prod
uction’referstotheactofcreating
somethingproductioninvolvesthephysicalconversionofrawmaterialsintotangiblegoods.
InIRErawsandiscollectedthroughminingprocess.Thesandisfilteredthroughspir
als,conesandjigstoproduceabulkconcentrationofheavydrying,screening,electromagneticandelectrosta
ticprocessesandusedforseparation.Mineralsfoundincoastalareasarecollectedeither manuallyor
mechanicalmeans,productions starts fromtheminingprocess.
DEPARTMENTSTRUCTURE–PRODUCTION
HODPRODUCTION
SH(Production) SH(MIS)
ShiftIn-Charge SH(ProcessControl)
ShiftEngineers
ProductionDeptPersonnel
FigNo.12

41. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 40
MININGPROCESS
Theminingandprocessingofbeachsandareachievedwithagoodmixtureofmodernmecha
nicaldevicesandmanuallabour.Beachsandiscollectedfromthesurfaceofadepthofameterwiththehelpofdr
edgers.Foraprocessingofbeachsands,thedifferenceinelectricconductivity,magneticsusceptibilityandsp
ecificgravityoftheirconstituentsaretakenintoconsideration.Thebeachsandistreatedbywellgravitymetho
dsusingspiral,conesandjigstoproduceminerals.
IREcollectsrawsandintwodifferentways:
1. Seawashingorbeachwashing
2. Mechanicaldredging
MINERALRECOVERYPLANT
Themineralrecoveryplantconsistsofafloatingdredgingplantwhichcouldbemovedfromo
neareatoanother.Thisiscalledfloatingmineralrecoveryplant.Theplantisplacedinanareawhichhasawater
depthof9meters.Thesandalongwithwaterissuckedintothemainunit.Firstthemixtureissendtoastoragetan
kcalledTrammel.Thenitissendingforseparation.Thewastesandandsomequantityofwaterispumpedout.T
hemineralcontentispumpedfromtheMRPtoconcentrateUpgradationplant.TheMRPdredgesabout40-
60tonespershift.
CONCENTRATEUPGRADINGPLANT(CUP)
Therawsandcollectedfromdifferentsourceshaddifferentcomposition.Theyarefurtherup
gradedusingtheCUP.IntheConcentrateUpgradingPlantenrichestheconcentratefromvarioussourcestoa
bove90%heavymineralsusingspiralseparatorsmakinguseofgravitytechniques.
MINERALSEPARATIONPLANT(MSP)
Inthemineralseparationplantindividualmineralsareseparatedmakinguseofthefollowing
fourpropertiesofthemineralsnamely
1. Electricalconductivity
Electrostaticseparationisusedinelectricalconductivity.

42. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 41
2. MagneticSusceptibility
Highandlowintensitymagneticseparatorsused.
3. DensityDifference
Floaterseparation.
4. SurfaceProperty
Frothfloatation.
Theconcentratefromconcentrateupgradingplant(CUP)havinguniformcom
positionwithabove90%heavymineralscontentisdriedusingFluidisedBedDrier(FBD).Thisisthens
ubjectedtoelectrostaticseparationusingdifferenttypeofelectrostaticseparators.Therebyitisseparat
edintotwofractionsnamelyconductingandnon-conductingfractions.
PRODUCTIONCAPACITYOFCHAVARAPLANT
Ilmenite 15000tones
Rutile 9000tones
Zircon 14000tones
Leucoxene 600tones
Monazite 600tones
Sillimanite 8000tones
Zirconflour 6500tones
FigNo.13
ILMENITE
MainlyusedinthemanufactureofTitaniumdioxide,awhitepigmentbysulphate
processalsousedintheproductionofsyntheticRutileandfortheproductionofFerroTitaniumproducts.
RUTILE
RutileusedforcoatingofweldingelectrodesandalsofortheproductionofTitaniumdioxide
pigmentbythechlorideprocessandfor theproductionofTitanium
TetraChloridefortheproductionofTitaniummetalandsponge.

43. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 42
SILLIMANITE
Sillimanitemainlyusedinthemanufactureofhightemperaturerefractory.Itisalsousedince
ramicindustry.
ZIRCON
Zircon isused in foundries, ceramics and refractory. It isalso used in
themanufactureofzirconiumchemicals,metals,alloysetc.
ZIRCONFLOUR
Zirconflourisusedinfoundriesforhightemperaturecastings.
MONAZITE
MonaziteisusedfortheproductionofThoriumandrareearth’sbaseproducts.

44. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 43
PRODUCTIONPROCESS
Beachwastes Conveyors Screens 30TBin
Middling
Primary
Aspirals
CupSpirals
SeavengerSpirals
Waste Middlings Tail
PlantQIL Conducting
IRMS
ILMENITE CBMS IRMS
IRMS
HTS
ToNCCircuit
Rutile IRMS Floatex
Spirals
FigNo.14

45. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 44
4. QUALITYCONTROLDEPARTMENT:-
IRELChavarahasgotISO9001:2000QualitySystemsestablishedformining,man
ufacturingandmineralproducts.
Oneoftheprimaryfunctionsofthequalitycontroldepartmentistoensurequalitypro
ductsaccordingtocustomerrequirements.Theyharnessbeachsandinenvironmentallyresponsiblemanner
toproducemineralsandinnovativevalueaddedproducts,whichareusedtomakenovelproductsrequiredbyc
ustomers.
Secondly,theyareresponsibleformaintainingconsistantqualityofproductstothes
atisfactionofthe customers through quality management
systemimplementation.Theyalsoaimatfurtherimprovementofproduct,technologyorprocess.
Thequalitycontroldepartmentisalsoresponsibleformaintainingconsistencyinqu
alityofrawmaterialsduringtheprocessing,intermediateandfinishedproductstages.Theymakeuseofchem
icalandmineralogicaltestingmethodsineachstage.
Inadditiontothesefunctionsthisdepartmentalsoconductsresearchanddevelopme
ntactivitiestosupportflowsheddevelopmentworkandforsolutiontoprocessrelatedproblems.
DEPARTMENTSTRUCTURE–QUALITYCONTROL
SectionHeadQ.C
DeputyManagerChe
micalLaboratory
SeniorScientificOfficer
ScientificOfficer
DeputyScientificOfficer
Attenders
FigNo.15

46. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 45
FUNCTIONS
• Toensurethatrawmaterials,inprocessandfinishedproductsconfirmstospecifie
drequirementsholdingcompliancewithenvironment,healthandsafetyrequire
ments.
• Ensuringcompliancetohealth,safetyandenvironmentalrequirements
INSPECTIONANDTESTINGPROCESSDETAILS
RawSand:-
1. TheDWUPandHUPoutputandtailingaretestedfortotalheavymineralcontentas
detailedinqualityplan.
2. TherawsandfeedtotheQILplantiethedriedHUPoutputisanalysedasperqualityp
lan.
3. The rawsand being naturally occurring, the specifications are
onlydesirablevalues.Thevariationsinqualityofrawsanddonotaffectthequalityof
finalproducts.Sonoreductionofrawsandisresortedto,eveniftheanalysisresultsar
enotasforthequalityplan.
4. Thesetestsarecarriedoutonlytomakeproperadjustmentsoftheprocessparameters
tosetthefinalproductofspecifiedquality.
In-ProcessInspection:-
In-
processinspectionofcertainintermediatefractionasdetailedinthequalityplanarecarriedoutasperq
ualityplan.Theseprocessfractionsarenotrejectedeveniftheanalysisresultsdonotconfirmthedesir
eablespecifications.Theinspectionisonlyforsubsequentadjustmentsintheprocessparameters.
FinishedProducts:-
1. Theproductsundertestsareidentifiedbyayellowboardindicatingthedate,shiftand
numberofbags.Thoseproductspassedthetestsareidentifiedbyagreenboardindicatingdate,shiftandnumb
erofbagsandrejectedareidentifiedasredboardindicating“FORREWORK”.

47. CaarmelEngineeringCollege,Pathanamthitta 46
OrganisationStudyonIRELChavara
2. Inspectionandtestingoffinishedproductsarecarriedoutandrecordsintherespecti
verecordasperqualityplan.Onlyproductsconfirmingtothequalityasdetailedintherespectivequalityplana
retakenintostock.RejectedproductsaremaintainedwithauthorisationofHOD(Q.C).Inspectionandtestrec
ordclearlyindicatewhethertheproductisacceptedorrejected.
5. STORESANDDESPATCHDEPARTMENT:-
Thestoresactasastoreandsupplychain,keepinginventoryoftheproductpr
oducedonthehandandsupplyingrequisiterawmaterialstothemanifolddepartmentontheotherhand.
Alltheitemsin6theIREproperlystoredbythisfunctionarea,includingfinis
hedproductinventory.Itstoresfurnaceoil,machineparts,officeequipmentsandstationaryetc.
DEPARTMENTSTRUCTURE–STROES&DESPATCH
DeputyGM
ManagerStores
StoresOfficer StoresOfficer
ClericalStaff ClericalStaff
Worker Worker
FigNo.16

48. CaarmelEngineeringCollege,Pathanamthitta 47
OrganisationStudyonIRELChavara
Storesfallundertwocategories
1. CapitalItems
2. ConsumableItems
Capital items, which give return for long term
revenueitemsoraconsumableitemmeansthatwhichareconsumableonlyforashortperiod.
Procurementofitemsofcapitalnatureistobemadeonlyaftertheapprovalbythecompetenta
uthoritydulyverifiedbyinternalauditorswithpriorconclusioninthecapitalbudget.
Storesactionisresponsibleforarrangingprocurementofallitemsorpurchaserequisitionss
hallfromthebasisforarrangingprocurementorotherdepartments,completeinallrespectsanddulyapprove
dbythecontrolledauthority.Storesarepurchasedindigenouslyandfromforeignsuppliersthroughtheadopt
ionitsecurethemostcompetitivetenderingsystemisadoptedtosecurethemostcompetitivetendering,them
ostcompetitive ratesand eliminatechanceoffavour.
Theworthofproductionintheplantiscurrentlybetween6-
7Crores.Onceinevery3monthsinventorystatisticsispreparedandsendtotheheadofficeinMumbai.Storesf
ollowBincardandCardexSystem.Thisdepartmenthasthreemajorfunctionsasfollows
RECEIPT:-
Theconsignmentitemsareproperlyverifiedwiththereceiptsandrequestedtheparticulardepartmen
ttomadeinspectiononeachitems.
STORAGE:-
Thereceiveditemsarestoredinproperlocationsandpreservethemuntiltheissue.Eachitemhasitsow
nBincard.Thequantityreceived,materialissued,totalremainingarenotedintheBincards.
ISSUE:-
Theissuemadeinfirstinfirstoutmethod.Afterthereceiptofthematerialinternalnotefromthedepart
ment,theissuesaremadeandsameisrecordedintheBincard.
INVENTORY CONTROLE
Underthestoresdepartmenttheinventorycontrolfunctionisdone.
Ifexcessstockisobtained,itisproperlyinformedtothemarketingdepartmenttopromotesalesandifanyshort
ageobtaineditisproperlyinformedtoproductiondepartmenttoincreasetheproduction.UsuallyABCinvent
orycontrolmethodsisadoptedinIREChavaraforcontrolofinventories.Theprincipletypesofinventoriesar
e:-

49. CaarmelEngineeringCollege,Pathanamthitta 48
OrganisationStudyonIRELChavara
Y RawMaterial&Supply
Y GoodsinProgressthatisworkinprogress
Y FinishedGoods
ForreductionofinventoriesfourstepsaretakenintheStoresandDespatchDepartm
ent.Theyaredoingcomputerization,codification,standardizationandvalueaddition.Alltheprocessinstore
sdepartmentsarecomputerisedandinventorymanagementsoftwareisusedforthispurpose.Codingisgiven
toallinventories.Forthis,alphanumericalcodeisused.Materialcodingishelptorealisewhatkindofinventor
iesarestored.Andlocationcodinghelpstofindoutwhereitisstored.Bytheuseofstandardisation,physicalver
ificationofinventoriesaretobedoneandtobecheckwhethertheinvoicenumberandpurchaseorderareequal.
DESPATCHSECTION
DespatchSectioncontrolsthetransportationofthefinishedproductsotheoutsideco
mpany.Whenacustomermadeacompletesettlementofmoneyforpurchasingofaparticularproductfromth
ecompanythemarketingdepartmentplacedadeliveryordertothedespatchdepartment.Thedespatchdepart
mentthenpreparesaninvoiceandgaveacopytothecustomer.Thisdepartmentalsopreparesgatepassandstat
egovernmentdeclarationsheet.

50. CaarmelEngineeringCollege,Pathanamthitta 49
OrganisationStudyonIRELChavara
6. INTERNALAUDITDEPARTMENT:-
ChiefGeneralManagerisdirectlylookingafterthefunctioningofInternal
AuditDepartment.Manager(InternalAudit)istheheadofthedepartment.Thereareinternalauditofficersan
dadministrativeofficersotherthanaccountantsandclerksworkinginthisdepartment.
Internalauditdepartmentisnotregulardepartmentinmanyofthecompanie
s.ButinIRELthisdepartmentisholdingspecialprivilegeofauditinginto
everyaccountingmattersofIREL.Itisfunctioninginaccordancewithfinancedepartment.Itisnecessarytog
etauditapprovedfrominternalauditdepartmentforthefinalisationofanythingconcernedtoaccounts.Theco
mpanymanagementisapprovingallotheraccountsintherecommendationofthisdepartment.
DEPARTMENTSTRUCTURE–INTERNALAUDIT
Manager
InternalAuditOfficer
Clerks Accountants
FigNo.17

51. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 50
FUNCTIONS
1. Auditingallthefinancialtransactionsofthecompany.
2. Takingcorrectivemeasurestorectifyauditobjections.
3. MakingreporttoChiefGeneralManagerandBoardofDirectors.
4. Makesurethateverydeedsoffinancedepartmentisinaccordancewiththeaccounti
ngpoliciesofthecompanies.
5. Toparticipateinthefunctioningofstorepurchasecommittee.
6. TocheckthelegalvalidityofthefinancialmattersofprojectscommittedbyIRELtd.
Alltherelevantpoliciesofthecompanyareasthebasicpoliciesofthisdepart
ment.InternalAuditDepartmentisauditingtheaccountsquarterlyandsendingreporttoChiefGeneralMana
gerregularly.

52. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 51
7. RESEARCH&DEVELOPMENTDEPARTMENT:-
ThecompanyhasawellequippedResearch
andDevelopmentfacilitiestosupportflowsheetdevelopmentworksandforsolutionstoprocessrelatedprob
lems.ThelaboratoryisequippedwithlabmodelsofMagneticSeparator,
HighTensionSeparators,WetShakingTablesandFrothFloatationEquipmentetc.
DEPARTMENTSTRUCTURE–RESEARCH&DEVELOPMENT
HODR&D
SectionHead
R&DDeptPersonnel
FigNo.18
FUNCTIONS
1. Newproductdevelopment.
2. Newcompounddevelopment.
3. Selection&Evaluationofalternativemethod.
4. Testingofnewproducts.
5. Toanalysisandassistplantsinproblemsolving.
6. Ensurequalityofrawmaterialsandfinishedproducts.
7. MaintainQuality.
8. Research&Developmentattempts.

53. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 52
Thedepartmenthaswellmentionedqualityobjectivesandwellpra
cticedqualityassurance,qualityimprovementprogram.Thedepartmentusesmineralogicaltestingmethod
sformaintainingconsistencyinqualityofrawmaterials,finishedproductsandworkinprogress.Thecheckin
gofmineralsqualityisdoneonabatchbasis.
8. PROJECT&MAINTANANCEDEPARTMENT:-
Thissectionislookingaftertheprojectsandmaintenanceoftechnol
ogicalaspectsofaffairsofthecompany.Thisisasectioninwhichmechanicalexpertsareworkingondifferent
projects.ThissectiontakesovertheresponsibilityofvariousprojectstakenupbyIRELtdmanagement.They
aremakingeffortstoexpandtheareaofperformanceofthecompany.
FUNCTIONS
1. TocarryoutpreventiveMaintenancetoensurecontinuouscapabilityandtoa
ttendbreakdownmaintenanceifany.
2. ProjectsonminingareaofIREL.
3. Projectsontechnologicaldevelopment.
4. Projectonqualityassurance.

54. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 53
DEPARTMENTSTRUCTURE–PROJECT&MAINTANANCEDEPARTMENT
UnitHead
HODMaintanance
SH
HUP
SH
ElecMSP
SH
Auto
SH
ElecHUP
SH
Mech
SH
Elec.
SH
DWUPI
SH
MSPII
SH
DWUPII
SH
MSPI
SH
DWUPIII
MaintanancePersonnel
FigNo.19

55. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 54
9. MARKETING&SALES DEPARTMENT:-
Marketingisasocialprocessbywhichindividualsandgroupsobtainwhatth
eyneedandwantsthroughcreating,offeringandfreelyexchangingproductsandservicesofvaluewithothers
.Itistheartofsellingproducts.MarketingdepartmentisfunctioningunderthecontrolofGeneralManagerof
marketingdepartment.
Marketingoccupiesanimportantpositionintheorganisationofanybusinessunit.Marketin
gfunctionsarenotlimitedtothefunctionofbuyingandsellingbutstorage,riskbearingandaftersalesservices
etc.marketingisavitalconnectionlinkbetweentheproducerandcustomer.
The marketingsectioninthe IREis underthe
directcontrolofchiefGeneralManagerandthissectionisheadedbythedeputyGeneralManagerinhisjob.Th
emarketingactivitiesinthecompanyareindirectlylinkedwiththesalessection.
IREhasthemonopolyinthefieldofrareearthproducts.IRELtd,Chavaraisengagedinthepro
ductionofmineralssuchasIlluminate,Rutile,Zircon,Sillimanite,andBrownIlluminatefromnaturallyavail
ablebeachsandproducts.ItalsoproducesvalueaddedproductslikeZirflour,Microzir.Onspecificrequirem
entsofcustomersthecompanyalsosuppliesSillimanitepowderbysubcontracting.AmongtheseIlluminate,
Rutile,Zircon,BrownIlluminatearecategorizedas“ScheduledMinerals”forwhichthecustomerisrequired
toobtainlicensefromtheDepartmentofAtomicEnergy(DAE)Mumbaifortheirpurchase.
Offlate,morestresswasgivenasthemarketingactivitiesofIRE,bythecompany,becauseof
competition,whichisgrowingintheinternationalmarketandalsoinIndianmarket.Anewerahasbeenputupi
nthecompanyforthispurpose.
ThebyeproductsofIREareZirflourandMonazite.TheyaremainlypurchasebytheKundara
ceramicsforthemanufacturingofceramics.ThemaincustomersofIREaretheGovernmentofIndiaandother
privatecompany.ThemainforeigncustomersareUSA,Canada,UK,France,WestGermany,Japanetc.
OBJECTIVESOFMARKETINGDEPARTMENT
YMaximumturnover
YMaximumprofit
Y Maximumcustomersatisfaction
YMaximumcustomerrelationship

56. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 55
ThechiefGeneralManagerofIREishavingthecontroloftopmostlevelinmarketingdepart
mentofthisunit.Therearefoursuperintendentsandaclerkengagedinthesalesdepartment.IRELtdisworkin
gundertheadministrativecontrolofDepartmentof
AtomicEnergy.Theheadofficedoesthepricingofproducts.ThecustomersofIRELtdaremainlyheavyindu
strieslikeplant,glass,refineries,ceramicsetcforbulkpurchasescustomerandprovideddiscount.
SALESANDDISTRIBUTIONSYSTEM
Heretheorganisationhasbeenenjoyingmonopoly.That’sthereasonwhytheydon’twantto
makeadistributionnetwork.Directsellingisthemainsystemoforganisation.Thecustomerprimarilypaysth
efullamountasdemanddraft(DD)inadvanceandthenthecompanygivestheproducts.
Fordomesticsales,orderarereceivedas
1. Throughheadoffice
2. Directlyfromthecustomers
3. TransferredfromtheunitsofIRE
All(exceptZirflour,MicrozirandSillimanitepowder)aredispatchedagainstpermitsobtain
edafterpaymentofprescribedroyaltybyIREinadvancetothedepartmentifminingandgeology,governmen
tofKerala.
Startingwithgeneralconditionforsales,majorityofthecustomersplaceordersdirectlywith
Chavara.Sometimesheadofficealsofixesquotacustomerswiseifnecessary,forthesupplyofmineralsandin
timatestimetotime.Ifalltheformalitiesarecompleteddeliveryinstructionsaregivenbythesalesdepartment
tostoresfordeliveryofthematerialstothecustomers.
Exporting
Exportingcontractbetweentheseller(IRE)andthebuyer(customer)isfinalizedattheheado
fficeandintimatesChavararegardingtheexportcontractalongwiththecopiesofagreement,purchaseorder,
proposedloadingscheduleandmanyotherspecificinstructionsfortheexecutionoftheorder.Chavarasendss
amplesandproductspecificationtothecustomerifrequiredbyheadoffice/buyer.
ExportingcarriedoutthroughNeendakarabutnowitsthroughCochinport(BaggedCargoo
nly)shipmentthroughCochinportisdonebyC&Sagentsappointedbyseller.

57. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 56
Pricing
Pricingisaverycrucialdecisioninmarketingmanagement.Theobjectiveofthefirmistoget
maximumprofit.Thisdependsuponthecorrectdecisioninpricing.Pricingreferstotheprocessoffixingthepr
ice(moneyvalue)ofaproductorservice;pricingisanimportantfunctioninmarketingbecauseitdeterminest
hesalesvolumeandtheamountofprofit.Aproductisacceptabletothecustomerwhenitisreasonablepriced.
Asoundpricingpolicyhelpstosatisfycustomersandtoyieldprofit.Determinationofpriceisinfluencedbylar
genumberoffactorssuchascostofproduction,degreeofcompetition,natureoftheproduct,pricingobjective
sandpoliciesofthefirmetc.
Samplestothecustomers
Samplesaresendingtothecustomersontheirrequestoraspertheinstructionsfromtheheado
fficefortheirevaluationofsustainabilityfortheirrequirements.Freesamplesaresendtothecustomersaspert
hefollowingprocedures.
Upto500Gms:headofthedepartment(marketing)intimatessectionhead(QC)topreparesamplesofrequiredq
uantityalongwiththegatepass.
501Gmsto1kg:headofthedepartment(marketing)priorapprovalfromtheunitheadandfollowstheabovep
rocedures.
Above1kg:headofficeapprovalwithinformationtounitheadandfollowstheaboveprocedure.
Customervisit
conditions.
Every quarter, 5 customers are selected for a visit to know prevailing market
Customerfeedback
Everyyearcustomerfeedbackquestionnairesarecirculatedtothecustomersandfeedbackisco
mpiledforchalkingandoutsuitablestrategyforthefuturemarketing.

58. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 57
Thesalesdepartmentmaintainsthefollowingrecords
YContractreviewchecklistfordomesticsale.
Y
GovernmentofKeraladepartmentofminingandgeologyandadvanceremittanceandcorrespondin
gpermitregister.
YQuotations
YPerformainvoice
YPaymentregisters
YDAElicenseregister
YPriorityregistersY
DeliveryregistersYS
ales register
YShippingregister
Y Dailystatementofproduction,salesanddispatch
YQuarterlystatementregardingexport
YMonthlyreporttocabinet
Y Production,saleandstockofminerals(monthly)
Y Performa for submitting quarterly export performance to federation of Indian
exportorganisation
YCOB license
YGeologypermitregister
YC-form,D-form,form18register
YPricelistofminerals
YStatementshowingproduction,salesandvalue(Quarterly)
YContractreviewchecklistforexports
YCashreceipts
YBankreceiptvoucher
Y Dailyinformationtosales26,pendingordersofminerals(daily)
YDDregister
YGatepass
YEnquiry/order/amendmentfromparties
YCustomerfeedbackquestionnaires
YCustomerfile

59. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 58
10. FINANCEDEPARTMENT:-
Businessfinanceisconcernedwiththeacquisitionandutilizationo
ffundsrequiredtomeetthefinancialneedsofabusinessenterprise.Financingistheprocessofplanning,acqui
ring,utilizingandcontrollingthefundsusedinanykindofbusiness.Financeisthelifebloodofbusiness.Ever
yenterpriseorcompanyrequiresfinancetostarttheworkandgrow.
Acompanygenerallyrequires largeamount
ofcapital.Apubliccompanycanraisehugecapitalthroughissueofshares.Inadditiontosharecapitalitcanutil
izeretainedprofitintheformofreserves.Itcanraiseborrowedcapitalthroughdentureandloans.Longtermlo
anscanbeobtainedfromfinancialinstitutions.Shorttermloans areavailable from commercialbanks.
DEPARTMENTSTRUCTURE–FINANCE
ChiefGeneralManagerFi
nance
DptyGeneralManagerF
inance
SeniorFinanceOfficer
DptyFinanceOfficer
Assistants
FigNo.20

60. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 59
SOURCESOFACOMPANY
1. Onthebasisoftime.
2. Onthebasisofpurposeoruse.
3. Onthebasisofsourceoffinance.
4. Onthebasisofrisk.
Financereferstomoney,cashorhandavailablefortheoperationofbusiness.Financ
emaydodefinedastherequirementoffundswanted.Itisthelifebloodofbusinessactivity.Thebusinesspulsat
eswithlifeonlythroughfinance.Financereferstomoney,cashorhandavailablefortheoperationofbusiness.
Financialmanagementwillincludeplanning,organising,directingandcontrolling.
Themainfunctionsofthisdepartmentare:-
1. Tocollectallthereceiptsandmakeallthepayments.
2. Torecordallthetransactionsandpreparethefinalaccounts.
3. Maintaintheaccountsaspertheprovisionsofthesection20(g)oftheCompaniesAct1956.
4. Providedepreciationattherateprescribedinschedule14oftheCompaniesAct1956,ona
straightlinemethod.
5. Toaccountexcisedutyongoodsmanufacturedwhenitisdispatched.
6. Toascertaintheaccruedgratuityliabilityofthecompanyonthedateofbalancesheet.
7. To value finished goods at cost or market price whichever is lower, stock of
rawmaterials,sparesandchemicalsarevaluedatweightedaveragemethod.
8. Treattheclaimsagainstthecompanywhicharenotadmittedascontingentliability.

61. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 60
CHIEFGENERALMANAGER
Thefinancedepartmentisheadedbythe ChiefGeneral
Manager(Finance).ADeputyGeneralManager(Finance)istheretoassisttheChiefGeneralManagerintheo
perationsofthedepartment.Inadditiontothemthedepartmentconsistsof3seniorfinanceofficers,8deputyof
ficersandattenders.
AUTHORITY,RESPONSIBILITIESANDROLES:-
AUTHORITY
Y Approvalofpolicy,objectiveandtargets.
Y Approvalofapexmanual.
Y Defining responsibilitiesand authority of head of departments,
managementrepresentatives.
Y Authorizingvariouscommittees
YApprovaltrainingprogramsoffinancialcommitment.
YAuthorizationofdecisiontakenatreviewmeetingsuchassafetyandenvironmentalprotection
committee,environmentmanagementcustomerserviceandcomplaintredeemedandprote
ctionmeetings.
RESPONSIBILITIES
Y OverallresponsibilityforhealthandsafetyofIRE,Chavaraunit.
Y Claimingthereviewmeetings.
Y Responsibilityoftheheadofficefromtimetotime.
Y Ensuring that unit has organized celebration including those related to
health,safetyandenvironmentthroughconcerneddepartment.
YProviding resources for the implementation main tenanceand
continuedimprovementofmanagementsystems(inconsultationwithHOrequired).

62. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 61
Y ImplementationofdirectivesreceivedfromHO/statutoryagencies.
Y Ensuringsmoothprogressofproject(includingfeedbackofHOontheprogram).
ROLES
Y EnsuringsmoothdaytodayfunctioningorganisationthroughconcernedHOD/sectionhead.
Y Roleasheadoftheunitinthehealth,safetyandenvironmentrelatedcelebration.
Y Participationinemergencyevaluation(Bothmock/actual)
Y Compliance tosafetyrelated requirements includinguse of personal
protectionequipmentsasarolemodelforothers.

63. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 62
11. MEDICALDEPARTMENT:-
Aneffectiveandefficientmedicaldepartmentisfunctioning
inIRELChavara.Everyfamilymemberoftheemployeeiseligibleforfreeattendanceandtreatmentinthedis
pensary.CasesbeyondthescopeofthedispensarywillbereferredtomajorhospitalswhicharecenteredinKol
lamandKarunagappally.Thewholepaymentissuchcasesaredonebythecompanyitself.Thedispensaryisw
orkingaroundtheclock.
FUNCTIONS
1. Tocarryoutmedicalexaminationofemployeesandtheirfamilymembers.
2. Examiningcompliancetoenvironmentalrequirements.
SeniorManager(Medical)isthetopmostauthorityoftheMedicaldepartme
nt.SeniorManagerisfollowedbyaSectionHead/LadyDoctor.ThedepartmentcomprisesoftwoDoctors,thr
eePharmacists,threeNurses/Compounders,LaboratoryTechnicianandanAmbulanceDriver.
DEPARTMENTSTRUCTURE-MEDICAL
HODHRM
HODMEDICAL
SHMEDICAL
LadyDoctor
Nurses/C
ompounder
Pharmacist
Laborator
yTechnicia
n
AmbulanceDriver
FigNo.21

64. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 63
PROCESSINVOLVEDINMEDICALDEPARTMENT
A. OutPatientService:
a) Employeesandtheirdepartmentsareprovided
freemedicalservices.Forthiseachemployeehasbeenallottedapersonaldispensaryfileinwhichnameofthed
ependantsareincludedasperthefamilycardissuedbythewelfaredepartment.Properrecordingoftheailmen
t,investigationandtreatmentoftheemployeesandthedependantsareenteredinthepersonaldispensaryfile.
Unfitandfitcertificateareissuedbythemedicalofficersintheprescribedformforavailingsickleaveandforre
joiningthedutyaftersickleave.
b) Patientswhorequirespecialist’sopinion/detailedinvestigationaresenttor
ecognisedhospitals/govt.hospitals/approvedlaboratorieswithareferenceletter.Listofapprovedhospitals/
laboratoriesasapprovedbyHOismaintainedbyHOD(Medical).Patientsaretakentorecognisedhospitalon
lywiththereferenceformissuedbymedicalofficer.Intheabsenceofcompanymedicalofficer,patientsareiss
uedatemporaryreferencecardvalidforonedaybythedutyPharmacist/Nurseforimmediateadmissionincas
eofemergencyandwithin24Hrsthereferencecardissuedbythemedicalofficeristobecollectedbytheemplo
yee.
B. OccupationalHealthService(OHS):-
Pre-employmentMedicalExamination:-
Normallyrecruitedemployeesbeforejoiningaredirected
toundergoamedicalexaminationbythemedicalofficer.Medicalexaminationiscarriedoutasperthepre-
employmentmedicalexaminationreport.Thepre-
employmentmedicalexaminationreportissendtotheHOD(HRM)forimplementingtherecommendationo
ftheHOD(Medical).
C. PeriodicalMedicalExamination:-
InaccordancewithAtomicEnergyRegulatoryBoard(AERB)periodical
medicalexaminationforallcanteenworkersandclarifiedradiationworkersiscarriedoutonceinayearandfor
otherradiationworkersandothergeneralworkers,itiscarriedoutonceinfiveyears.Employeesaredirectedto
HOD(Medical)asperthelistnotifiedbytheAdministrativesection.Thesewhoareexposedtohighnoise,loss
ofhearingbentarealsoconductedandfeedbackisgiventotheconcerneddepartment.

65. CaarmelEngineeringCollege,Pathanamthitta 64
OrganisationStudyonIRELChavara
D. Pre-retirementMedicalExamination:-
Concernedemployeeisgivenintimation
fromadministrationsectionatleasttwomonthsbeforethedateofretirementtocarryout pre-
retirementmedicalexaminationwithacopytoHOD(Medical).Basedonthis,medicalexaminationiscarried
outonemonthbeforetheretirementofeveryemployeeandnecessaryadviceisgiventotheemployeeforhisfu
turehealthmaintenance.

66. CaarmelEngineeringCollege,Pathanamthitta 65
OrganisationStudyonIRELChavara
12. SECURITYDEPARTMENT:-
Securityofthecompanyassetsandpremisesisvestedinthehandsofthestaff
sofsecuritydepartment.Thedepartmentisleadby Security Managerand he
isassistedby6HeadSecurityOfficersand26SecurityGuards.
DEPARTMENTSTRUCTURE–SECURITY
GeneralManager
HRM
ManagerSecurity
HeadSecurityOfficers
SecurityGuards
FigNo.22
FUNCTIONS
1. Togivesecuritytothecompanyanditsassets.
2. Tomonitortheentryofemployeesandvisitors.
3. According to ISO procedures they maintain the discipline of
theemployees,theiruniformetc.
Thereare32securitypersonnelintotal.Thesecuritydepartmentalsogivesp
rotectiontocompanyequipmentsinminingarea.7personsaredeployedatPuthenthura,7atVellanathuruthu
and16attheplantitself.
TwomajorthreatspresentsinIRELaresabotageandtheft.Topreventsabot
agethereisacontrolroomanditaccessibleateverytime.Incaseofemergencythesystemswillautomaticallys
hutdownandemergencyalarmwillblow.Atthattimealltheemployeesarerequiredtoassembleintheassemb
lypoints.AnothersecurityproblemfacedbyIREListheft.Thereisnoclearboundarywallforthecompany.Th
ismayencouragepersonstotakeawaycompanyassetswithoutpermission.

67. CaarmelEngineeringCollege,Pathanamthitta 66
OrganisationStudyonIRELChavara
13. SAFETYANDENVIRONMENT DEPARTMENT:-
Inthepresentdayindustrialscenarioalltheindustrieshadacceptedthefactthat
safelyimprovesproductivity.
IRELChavarahasalwaysbeenintheforefrontinensuringsafety,welfareandb
etterworkingenvironmenttoallitsemployees.Theirsafetysloganis
“Leteverydaybeasafeday”
DEPARTMENTSTRUCTURE–SAFETY&ENVIRONMENT
HODS&E
SHSafety&E
nvironment
SHFireProtection
S&EdeptPersonnel
FigNo.23

68. CaarmelEngineeringCollege,Pathanamthitta 67
OrganisationStudyonIRELChavara
MISSIONANDPOLICYOFTHEDEPARTMENT
MISSION
ThemissionofIREListobeamajorsupplierofbeachsandmineralsandrareearthcompound
sinthedomesticandinternationalmarket,developandproducechemicalsofstrategicimportance,valueaddi
tionwithdueregardtoresourcesutilizationandsafetyprotection.
Consistentwiththismission,IRELenvisagesasafetyandenvironmentprotectionpolicytha
tprovidesasafetyworkingenvironmenttopreventinjuryandillhealthtoitsemployees.Italsoensuresenviro
nmentalprotectionbyminimizingenvironmentalinputthatmayarisefromitsoperationsandprovideapprop
riateenvironmentalplanstomaintainecologicalbalanceandabove
allrecognizestheuseforsafetyculturemanorganisationto enhance
theawarenessandcommitmentofallemployeestosafety.
POLICY
IREL purpose to update and review the safety policy periodically taking
intoconsiderationitsindustrialexperiencesadvancesinthetechnologyandregulatoryrequirements.
ENVIRONMENTALPOLICY
IRELChavaraiscommittedtoprotect,conserveandimprovetheenvironmentinwhichitoperat
esforthecontinuedexistenceinthebusinessthroughout
Y Conservationofnaturalresources
YMinimisingpollution
YCompliancetoapplicableenvironmentalrulesandcorporateguidelines,periodicalh
ealthmonitoringofemployeesandcreationofenvironmentalawarenessamongem
ployees,customersandsuppliers.

69. CaarmelEngineeringCollege,Pathanamthitta 68
OrganisationStudyonIRELChavara
SAFETYGUIDE
IRELChavarafollowsstrictsafetyguidelines,whicharegiveninthecompany’ssafetyguid
e.Safetyteamwillupdatethesafetyguideaspertherequirementtothrowmoreclearlightontheprocessesasw
ellasequipmentsengagedintheplant,includingprocedurestoensurethesafetyofbothmenandmachinery
ThereareDo’sandDon’tsenlistedinthisguideandthiswillbequitehelpfulinavertingthesli
ghtestpossibilityofaccidents.
SAFETYGUIDELINES
areasfollows.
Inordertoachievethepolicyobjectivecertainguidelinesareusedsomeofthem
CORPORATELEVELSAFETY
Y AnofficeroftherankGeneralManagertoco-
ordinateatthecorporateofficeallsafetyenvironmentandtrainingactivitiesofvariousunits
andtakes necessarystepsforeffectiveimplementationofthispolicy.
Y
GM(S&E)assistedbythreeseniorofficersattheheadquartersoneachofthesafety,e
nvironmentandtraining.
Y
Thecorporatesafetysetuphasbeenprovidedwithadequateadministration/financi
alsupportforcoordinatingsafetypolicy.
Y
HeliaisonswithvariousoutsideagencieslikeAtomicEnergyregulatoryboardSAR
COPhealth,physicsdivisionofBARC,DGMofminessafety,ministryofenvironmentandf
orestetcforfulfillingthestatutoryrequirements.
Y
Heassessesthetrainingneedsforvariousareasandgrangesfordifferentcategorieso
femployees.
Y
Heinteractswithsafetyteams/expertsforcarryingoutsafetyaudit/environmentau
ditsandassessmentofsafetyperformanceforawardofshieldetc.

70. CaarmelEngineeringCollege,Pathanamthitta 69
OrganisationStudyonIRELChavara
UNITLEVELSAFETYSETUP
Y Theheadofeachunitwillbeexecutivedirector/chief/GM.
Y Hewillbeex-
officechairmanoftheplantlevelsafetyandenvironmentprotectioncommitteewhichwillre
viewthemonthlysafetystatusoftheplant.
Y He will implement all the applicable statutory provisions of safety
andenvironmentalcontrolintheunit.
Y
Hewillnominateseniorlevelofficerassafetyandenvironmentalcontrolofficerwho
willlookafterthesafetyandenvironmentalcontrolaspectsoftheunit.
Y He will ensure that operating procedures are followed strictly and
technicalspecificationsarenotviolated.
SAFETYANDENVIRONMENTALPROTECTIONCOMMITTEE
Y
Thetermofmembersofthecommitteewillbetwoyearsandthecommitteemembers
willbemeetingonceinamonth.
Y
Thecommitteewillorganizesafetyday/environmentalday/firedayandminessafet
yweekannuallyandholdcompetitionamongtheemployees
relatingtosafetyandenvironmentduringthecelebrations.
Y
Thecommitteewilldiscussthemeasuresagainsttheunsafeconditionsandpractices
inthemine/plantaspointedoutinthereportofworkmen’sinspectors.
Y
Thecommitteewillconsidersafetyandhealthmeasurestobetakenbeforecommenc
ementofoperationsofanynewelectrical/mechanicalequipmentproposes.
Y SummaryofminutesofthemeetingwillbesenttotheGM(S&E)regulatory.

71. OrganisationStudyonIRELChavara
CaarmelEngineeringCollege,Pathanamthitta 70
STANDINGORDERFORWORKMENCONCERNINGSAFETY
IRELstandingordersforworkmenalsoenvisagesthesafetyoftheorganisationandrelevantcla
uses.
PERSONALPROTECTIVEEQUIPMENTS
Itisdividedintotwocategories
Y
Personalprotectiveequipmentforthevariouspartsofthebodyi.e.head,eye,ears,fac
e,hand,arms.
Y
Respiratoryprotectiveequipmentrequiredwhenworkersexposedtoatmosphericc
ontaminantslikedust,fuel,gasesandchemicalsletoffintheairinthedangerousconcentratio
n.
PROTECTIONEQUIPMENTSUSEDARE:
Y Headprotective
Y Safetyshoes
Y Safetybeltsandlifelines
Y Dustrespirators
Y Eyesandfaceprotection
Y Earmuffs
Y Aprons
Y Gloves
Y Respiratoryprotectiondevices

72. CaarmelEngineeringCollege,Pathanamthitta 71
OrganisationStudyonIRELChavara
14. PURCHASE DEPARTMENT:-
Themainfunctionofpurchasedepartmentisprocurementofmaterialsatco
mpetitiveprice.Allitemsincludingrealmaterialsotherthanrawsandarepurchasedbythisdepartment.InIR
ELtdthepurchasedepartmenthadprimeimportance.
Formalitiesofpurchase
1. Floatenquirytotherightsource
2. Scrutinizequotation
3. Obtainingapprovalofthefinancedepartment
4. Releaseanorder
5. Followupreceiptatthestore
6. Assistancetogivepaymentintime
Formalitiesofplacinganorder
1. Originationofintent
2. Tenderenquires
3. Openingoftenderonthedatamentioned
4. Analysisofalltender
5. Technicalevaluationofthetender
6. Selectionofthebestone
7. Negotiation withthepartyneeded
8. Approvaloftheselectedtender
9. Orderplacing
10. Followup

73. CaarmelEngineeringCollege,Pathanamthitta 72
OrganisationStudyonIRELChavara
15. CIVIL DEPARTMENT:-
Maintenancehasadirectimpactoneverythingthataffectstheoverallhealth
andwelfareoftheorganisation.Asoundmaintenancestrategyshouldthereforebeconsideredavaluabletool
usedtoassessequipmentcapabilityandthecontinuousimprovementeffortsofassetperformance.
Civildepartmentconsistofdeputymanager(civil),twodeputyofficersandtheworkforce.T
heyfrequentlymonitorcompanystructuresandmaintainthemproperly.Incaseofnewprojects,thebaseinfra
structurehastobeerectedbythisdepartment.
DEPARTMENTSTRUCTURE–CIVIL
HOD(Civil)
SectionHead(Civ
il)
CivilDept
Personnel
FigNo.24

74. CaarmelEngineeringCollege,Pathanamthitta 73
OrganisationStudyonIRELChavara
SWOTAnalysis
STRENGTHS
Y
Highlyskilledmanagersandexperiencedworkmenhavingexcellentknowledgeandexperien
ceaboutminingandproductionprocess.
Y ConstantUpgradationoftechnology.
Y
Astrongandsymbioticrelationshipbetweenthetoplevelmanagementandthelowerlevelempl
oyees.
Y Technological collaborationwith the Australiancompany, ROCHE,one of
thelargestmineraltechnologyprovidersintheworld.
Y Abundanceofrawmaterialsinthecompanypremisesitself.
Y SupportfromgovernmentofIndiaandthedepartmentofatomicenergy.
Y Highconcerntowardstheemployeesandenvironment.

75. CaarmelEngineeringCollege,Pathanamthitta 74
OrganisationStudyonIRELChavara
WEAKNESS
YMiningproblem.
Y Diminishingsupplyofrawsand.
Y
Theinabilityofthemanagementtocontroleffectively,theresistanceraisedbythelocalp
eopleinformcrises.
Y Excessnumberofcivilworkers.
YHighlabourcharges.
Y Duetomonopolypromotionalactivitiesareless.
Y Decisionmakingprocessishighlytimeconsumingandcomplicated.
Y Shortageofpowersupply.

76. CaarmelEngineeringCollege,Pathanamthitta 75
OrganisationStudyonIRELChavara
OPPORTUNITIES
Y Highdemandforproducts.
Y GrowingdemandforTitanium,Zircon,Thorium,Rutile,Ilmeniteininternationalmarket.
Y FastergrowthrateofmarketsinAsiancountrieswhereextractionfacilitiesarelimited.
Y Therecenteffortstotie-upwithotherminingcompanieslikeKMML,Chavara.
Y The favorable state government policies like prohibiting the entry of
privatecompaniesintotheminingsector.
Y As a strategicallyimportant company it is always backed by the centralgovernment.

77. CaarmelEngineeringCollege,Pathanamthitta 76
OrganisationStudyonIRELChavara
THREATS
Y EntryofprivateplayerssuchasTATAgroupintotheareaofblacksandmining.
Y Overinterventionofexternalpoliticalgroupsincompanyaffairs.
YFluctuatinginthevalueofcurrencywhichadverselyaffectstheexportincome.
Y Increasingtransportationcost.
Y Protectformenvironmentactivists.
YRapidtechnologicalchangesinproductionprocess.
Y Changesingovernmentpolicies.

78. CaarmelEngineeringCollege,Pathanamthitta 77
OrganisationStudyonIRELChavara
FINDINGS
Y Theemployeesweresatisfiedwiththewelfarepolicieswhichareinpracticeandthescaleofpayatpresent.
Y Majorityof the workmen were wellexperienced and possess greatamount of
knowledgeparticularlyrelatingtotheminingandproductionprocess.
Y Themanagerswereoverloadedwithworkbuttheyperformwellabovetheexpectations.
Y Theinterventionbytheexternalpoliticalpartiescontinuestobeadisturbanceinformulatinglabourpolicies.
Y Thecompanyhasastrongcommitmenttowardsthesociety.

79. CaarmelEngineeringCollege,Pathanamthitta 78
OrganisationStudyonIRELChavara
SUGGESTIONSANDRECOMMENDATIONS
YIRELshouldtakeadvantageofthegrowingdemandforheavymineralsbyincreasingtheproduction.
YThemanagementshouldsustainthefaithofthelocalpeoplebyconstantlycommunicatingand
explainingthecompany’spoliciestothem.Thetrustofthelocalpeoplecanbeensuredandsustainedb
yconstant interactionandcommunication
withthem.Thecompanycanachievethembyundertakingmoresociallyresponsibleactivities.This
maybeintheformofmedicalfacilitiesrunningschools,assistanceatthetimeofseaerosionandtrawli
ngban.Theycanalsoprovidewaterandelectricitysupplytothelocalpeople.
YThecompanyshouldtrytominimizetheexternalinterventionsof variouspoliticalparties.
Y Thecompanymusttakefulluseofthefavorablegovernmentpoliciesatpresent.

80. CaarmelEngineeringCollege,Pathanamthitta 79
OrganisationStudyonIRELChavara
CONCLUSION
IRELisoneamongwellperformingcompaniesinKerala,engagedintheprocessofprocessi
ngrareearthproductsavailableamongthecoastalbelts.IREisreachingnewboundarieswithitsperformance.
IREwasincorporatedon18th
august1950asaprivatelimitedcompanyundertheIndiancompany’sactof191
3jointlybythegovernmentofIndiaandthegovernmentofTravancoreCochin.In1951,IRELbecameapublic
sectorundertakingandtwo
mineralseparationplants,oneatManavalakurichiinTamilnadu(1967)andtheotheratChavarainKeralastat
e(1970)weresetup.
TheorganisationstudyatIREltdwasanunforgettableexperience.Theorganizationalatmos
phereprevailingatIREisnotthatofapublicsectorunit.Theconcernfortheenvironmentandsocialresponsibi
lityareworthstudying.Thestudyhelpedinhaving
apracticalexposuretorealpracticeinorganisation.Thestudyprovidesinsightintothefunctioningandcoordi
nationofdepartmentsinaneffectiveorganization.

81. CaarmelEngineeringCollege,Pathanamthitta 80
Appendices OrganisationStudyonIRELChavara
BALANCESHEETASAT31.03.2009
31.03.2009
(InCrores)
31.03.2008
(InCrores)
I. SourcesofFunds
1. ShareholdersFund
a. Capital
b. Reserve&Surplus
2. Loanfunds
SecuredLoanUns
ecuredLoans
II. ApplicationofFunds
1. FixedAssets
a. Grossblock
b. LessDepreciation
c. Netblock
d. Capitalworksinprogress
e. Assetspendingdisposal
2. Investments
3. DeferredTaxAssets(Net)
4. CurrentAssets,loans&AdvancesCur
rentAssets
InventoriesSundr
yDebtors
Cash&BankBalanceOt
hercurrentassetsLoans
&Advances
8636.50
38,629.23
-
3,320.42
50,586.15
8636.50
34,973.31
9.31
4,427.23
48,046.35
43,062.7843,955.80
24,495.93 22,801.74
19,459.87 20,261.04
709.82 672.21
0.49 15.74
20,169.58 20,948.91
1.42 1258.51
1603.98 523.34
6020.81 5500.08
833.48 2641.61
27281.30 23381.71
1485.22 600.66
7577.76 7103.19
43,198.57 39,227.25

82. CaarmelEngineeringCollege,Pathanamthitta 81
OrganisationStudyonIRELChavara
LessCurrentLiabilities&Provisions
a. CurrentLiabilities
b. Provisions
NetCurrentAssets
5.MiscellaneousExpenditure
5631.43
8908.35
6134.58
7893.95
14,539.78 14,028.53
28,658.74
152.38
25,198.72
116.79
Total 50,586.15 48046.35

83. CaarmelEngineeringCollege,Pathanamthitta 82
OrganisationStudyonIRELChavara
PROFITANDLOSSA/CFORTHEYEARENDED31.03.2009
31.03.2009 31.03.2008
I. INCOME
GrossSale
Less:Exciseduty
Compensationforprocessing
ThoriumIncreas
e/DecreaseinStockOtherIncome
II. EXPENDITURE
MaterialsConsumedEmployees
Remuneration
andBenefitsM
anufacturingandother
Benefits
Interest
Depreciation
Capitalexpenditurenot-
representedbythecompany-
Writtenoff.
III.Profitbeforeextraordinaryitemspri
orperiodadjustmentsandtaxation.
Extraordinaryitemsaspriorperioda
djustments
ProfitbeforeTaxProvisionf
orTax
33,669.82
13.83
29,625.02
27.77
33,655.99 29,597.25
1,443.84 1,918.25
50.46 778.74
3,873.74 2,662.29
3,790.89 3,045.24
14,864.69 11,449.21
9,850.06 10,009.49
233.36 219.29
1,973.30 2,164.10
- 12.40
30,712.30 26,899.73
8,311.73 8,056.80
(23.68) 14,818.98
8,288.05 22,875.78
2,611.25 7,318.29

84. CaarmelEngineeringCollege,Pathanamthitta 83
OrganisationStudyonIRELChavara
ProfitafterTax
Balancebroughtforward
IV.ProfitavailableforappropriationAppropriati
on:-
ProposedDividend
TaxonDividend
TransfertoGeneralReserve
BalanceCarriedtoBalancesheet
5,676.80
33,263.05
38,939.85
1,727.30
293.55
1,000.00
35,919.00
15,557.49
21,226.41
36,783.90
1,727.30
293.55
1,500.00
33,263.05
38,939.85 36,783.90

85. CaarmelEngineeringCollege,Pathanamthitta 84
OrganisationStudyonIRELChavara
BIBLIOGRAPHY
1. C.R.Kothari–ResearchMethodologymethodsandTechniques.
2. PrasadL.M–Principalsandpracticeofmanagement.
3. KottlerPhilip–MarketingManagement.
4. Rejimon.P.M–Indianrareearthisgoingtoexpand.
5. Rejimon.P.M–50CroresrupeesexpansionprograminIRE.
6. IRELBroucher–ApexmanualanddepartmentalproceduresofIREL.
7. http://www.indianrareearths.com
8. http://www.irel.gov.in
9. AnnualReportsandJournals