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13.6 Particulars of Employees
As per provisions of section 197 of the Companies Act, 2013 read with the Rule 5 of the
Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014,
every listed company is required to disclosed the ratio of the remuneration of each
Director to the median employee's remuneration and such other details as may be
prescribed in the Director's Report. However, as per Notication No. GSR463 (E) dated
05.06.2015 issued by the Ministry of Corporate Affairs, Government Companies are
exempted from complying with provisions of section 197 of the Companies Act, 2013.
Konkan Railway Corporation Limited being a Government Company, such particulars
are not included as part of Director's Report.
14. TRAINING
Training department imparted all mandatory safety training to the safety category staff
including Initial and Refresher courses. Apart from Safety training, different soft skills
training programs were conducted for front line staff, catering staff and contract
employees, Artisans, housekeeping staff, Group 'D' staff, Group 'C' staff and Executives
to improve skills of employees and provide better service to passengers and thus
improve image of Railways. Mobile workshops were conducted on safety and non-safety
topics at different stations on KR route to reach out to maximum staff. During the year
2019-20, as many as 20 Initial Courses were conducted in-house. As many as 512
number of courses were held compared to 499 of 2018-19, which is an increase of 2.61%.
The training man-days achieved in the year 2019-20 is 36061 as compared to 31058 of
2018-19, which is an increase of 16.11% than the previous year. Further, about ` 4.3
Crore was saved through in-house training that is excluding accommodation/hostel
charges of ` 1.28 Crore and we have saved ` 1.78 Crore only through imparting Initial
Training. Training Department also earned ` 63 lakh through paid trainings to external
students and Engineers. During Financial Year 2019-20, out of sanctioned revenue
budget of ` 60 lakh for Training Department, saving of 34% has been done through strict
monitoring and austerity measures.
15. MATERIAL MANAGEMENT
During the year scrap sale of ` 8.20 Crore has been achieved. This is 42% higher than the
last year's scrap sale of ` 5.76 Crore Money. value realized during current year is ` 8.05
Crore. Sale could have gone above ` 9 Crore but for lock down. 98.78% of the total sale
has been done through E-auction & 98.89% of the procurement has been done through
IREPS. Against Govt. of India's target of 25% of total procurement, KRCL has achieved
66.7% and this performance is best among top 5 CPSEs. By pursuing M/s. SAIL and
Railway Board, KRCL could make M/s. SAIL to agree to supply 260-meter-long panel
rails at the same rates of Zonal Railway. Earlier, M/s SAIL had quoted much higher rates
for KRCL as well as advance payment. Due to this, a cost saving of ` 4.86 Crore has been
achieved in that contract and estimated annual saving on recurring basis of about ` 10
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