MoU

Memorandum of Understanding (MoU) is a negotiated agreement between Government as owner of Public Enterprises and the management of the Public Sector Enterprises (PSEs). MoU is meant to measure the performance of Management of PSE at the end of the year in an objective and transparent manner.


FAGMIL started signing MoU from the year 2006-2007 i.e) within two years of formation of the company and has been getting Excellent rating since beginning.The company has signed MoU for the year 2012-2013 with Department of Fertilizers.

 

FAGMIL’S MoU rating from 2006-2007 to 2011-2012 is given below:

Year MoU Rating Remarks
2006-07 Excellent       
2007-08 Very Good Company qualified for "Excellent" but DPE has adjudged under ‘Very Good’ for which a representation has already made to DPE through our Administrative Ministry.   
2008-09 Excellent  
2009-10 Excellent  
2010-11 Excellent  
2011-12 Excellent As per the DPE Circular No. 3(1)/2011-DPE(MOU), the Company has been rated Excellent with 1.07 score with the 1st Rank in the Steel, Coal & other Minerals Syndicate. The Company is eligible for the Prime Minister Award.
2012-2013      Excellent As per the DPE Circular, the Company has been rated Excellent with 1.11 score with the 1st Rank in the Steel, Coal & other Minerals Syndicate. The Company is eligible for the Prime Minister Award for the Second Consecutive Year

 

Performance Evaluation Parameters And Targets 2012-2013


MoU Annexure XIV

 

MoU Annexure XII

 

MoU Annexure XI

 

MoU Annexure XIII

 

 

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