PROJECT REPORT

ON
Budgeting Plan
FROM
IFFCO
(Modern in Busium Administration)

MODERN OF BUSINESS
ADMINISTRATION

NEHRU GRAM BHARTI UNIVERSITY

UNDER THE SUPERVISION OF
ANURAG TIWARI

SUBMITED BY - SUBMIT TO
-NIVESH SRIVASTAVA NEHRU GRAM BHARTI UNIVERSITY
(DEPARTMENT OF MANAGEMENT)

1
 TABLE OF CONTENTS

1- Acknowledgement
2-Summary
3-Introduction
4- About IFFCO Campony

5- IFFCO Perfamance Cordet

6- -Planning Budgrhy

7-Aditya Birla Financial group

8-About Sunlife Financial
9- Competitor Profile

10- Porter’s Five force analysis

11- Investment in Insurance Industry

12-Product (Birla sun life insurance)

13-Strategy of the Insurance company to target the people
14-Why Insurance in demand
15- Birla group in CSR activities
16-My Experience

2
 ACKNOWLEDGEMENT

I take the opportunity to express my gratitude to all who is helped me to

accomplish this project “IFFCO’’ Allahabad. No written of amount expression is
sufficient to show my deepest sense of gratitude to them.
I am extremely Thankful to and pay my gratitude to our Placement officer
“Dr. ANURAG TIWARI’’ for providing me this opportunity and also for her
valuable guidance support.
I am very thankful to “MANAGEING PARTNER PRATICHA PANDEY’’ SIR who
helps me to make for allowing to join as intern at the company. I am very much
Thankful for his everlasting support and guidance which I have acquired a new
field of knowledge.

A special appreciation “THANK YOU’’ to all staff of “ADITYA BIRLA CAPITAL’’ For
positive support.

3
4
 INTRODUCTION

Life is full of risk and uncertainties since we are social human being we have
certain responsibilities too.

Indian Farmers Fertiliser Cooperative Limited, also known as IFFCO, is a multi-state

cooperative society. IFFCO is wholly owned by Cooperative Societies of India. The
society is engaged in the business of manufacturing and marketing of fertilizers.
IFFCO is headquartered in New Delhi, India. Started in 1967 with 57 member
cooperatives, it is today the biggest co-op in the world by turnover on GDP per
capita (as per World Cooperative Monitor 2021), [2] with around 35,000 member
cooperatives reaching over 50 million Indian farmers.

With around 19% market share in urea and around 31% market share in complex
fertilizers (P2O5 terms) IFFCO is India's largest fertilizer manufacturer.

The cooperative was ranked 66th on the Fortune India 500 list of India's biggest
corporations as of 2017[3] with a net worth of $2.6 billion as on March, 2021
 History

1960s

The food crisis of the early '60s mobilized India's farmers and the founding fathers of a
'young' India to look for longer-term solutions. International organizations, including the
American Co-operative Study Team, conducted fertiliser feasibility studies in India to
increase production. The cooperative sector in India at that time was distributing 70 per cent
of the chemical fertilizers consumed in the country. This sector had adequate infrastructure
to distribute fertilisers but had no production facilities. With the introduction of multi-
agency approach by the Government of India in the distribution of fertilizers during 1967,
the private trade also entered the field of fertilizer distribution. The private sector production
units provided more opportunities to the distribution network of private trade and gave
secondary preference to the cooperatives in the matter of supplies. Due to this development,
the cooperatives started getting less supplies of the fertilizers.

To overcome this limitation and also to bridge the growing demand for the fertilizers in the
country, a new cooperative was conceived. The notion of the cooperative was especially
appealing for its core values of self-help, accountability, democracy, equality, equity and
solidarity. In 1964, the Cooperative League of USA proposed to the Government of India
that the American Cooperatives were interested to collaborate with Indian Cooperatives in
setting up fertiliser production capacity.

The idea appealed to the Government of India and eminent cooperators of the country. As a
result, Indian Farmers Fertilizer Cooperative Limited (IFFCO) was conceived and registered
on 3 November 1967, as a multi-unit cooperative society with the primary objective of
production and distribution of fertilizers. The U.S. Cooperatives through Cooperative
Fertilizer International (CFI) provided a financial aid besides technical know-how to
IFFCO.1967 saw proposals submitted for Ammonia, Urea and NPK plants, notably at Kalol
and Kandla in Gujarat, and on 3 November 1967, IFFCO was registered as a multi-unit
cooperative.
1970s

The Kalol and Kandla plants were commissioned and built with great innovations and
indigenous materials. In 1974, the plant at Kalol, Gujarat was inaugurated and project work
for two more plants was initiated.

1980s

Two more Urea plants were commissioned at Phulpur and Aonla in Uttar Pradesh. IFFCO's
founding managing director: Mr. Paul Pothen received the Padma Shri award for his
contribution to the revival and growth of India's Agricultural and farming community.
IFFCO became a stakeholder in Industries Chimiques Du Senegal (ICS), Senegal's biggest
industrial venture to manufacture phosphoric acid.

1990s

The Kalol, Kandla, Phulpur and Aonla plants were expanded to increase production
capacity and improve production technology to meet the increasing demand for IFFCO
fertilizers and meet the growing demand for food in India. This was the decade of major
transformation, which set the foundation for the growth that the organisation was about to
undertake in the forthcoming years. The process led to significant expansion in the capacity
and capabilities of the manufacturing units that resulted in phenomenal increase in the
operational efficiency of the plants and brought them at par with the highest global
standards. To further improve productivity and profitability an impetus was put on getting
IFFCO on the global map and Joint Ventures were established in Oman, Jordan and Dubai.
And diversified the business interests of IFFCO beyond fertilizers to sectors like General
insurance, rural telephony, international trading, pesticides and even rural e-commerce.
These steps proved to be a game changer and catapulted IFFCO into a new era.
2000s

A view of the IFFCO plant at Aonla, Uttar Pradesh

IFFCO became an autonomous cooperative, expanding its presence and partnerships in

India and abroad. 2000 saw the establishing of IFFCO Tokio General Insurance Company
Ltd., and the launch of customized rural-centric insurance products. IFFCO acquired
shareholding in the Oman India Fertilizer Company. The Paradeep plant was acquired, and
the Kisan International Trading FZE (KIT), a wholly owned subsidiary for imports, exports
and logistics support for fertilizers, raw materials and intermediates, was set up in Dubai.
IFFCO also made forays into Jordan, established Jordan India Fertilizer Company L.L.C
and promoted IFFCO Kisan Sanchar Ltd, a unique venture to bring the benefits of modern
mobile communications to rural India.

2010s

IFFCO embarked on several expansion and diversification plans to increase its domestic
fertilizer production capacity. These plans also included the acquisition of more plants,
further overseas joint ventures and the introduction of several energy reduction measures to
improve production efficiency, and minimize carbon footprint. In a joint venture with
Mitsubishi Corporation, Japan, IFFCO-MC Crop Science Private Limited [5] was
incorporated to provide quality agrochemicals in India. The IFFCO BAZAR [6] was
envisioned to introduce the modern retail and information experience to rural India by
combining technology with experience to deliver value to consumers in the Indian
hinterland.
 Plant
Kalol, Gandhinagar

Kalol is a city in Gandhinagar district in the Indian state of Gujarat, located alongside Gujarat State
Highway 41 between the cities of Mehsana and Ahmedabad.

Demographics

As of 2011 India census,[1] Kalol had a population of 133,737 with 69,898 males and 63,839
females; it has 13,719 children aged 0–6 (7,397 male and 6,322 female), 103,561 literates
(57,548 male and 46,013 female) 88% literacy in Kalol, the Taluka population in 2011 was
305,489.

Kalol is divided into four major areas:

1. Kalol East
2. Kalol Centre
3. Kalol West
4. New Panchvati

East Side is an industrial specific area designed for Sintex Industries (Plastic Industry) and
also includes residential areas. Centre Side and West Side, both are residential areas and
also are most developed areas of Kalol.
 Geography

Kalol has an average elevation of 81 metres (266 feet). SH41 Highway passes through Kalol. The
city sits on the banks of the Sabarmati River, in North-Central-East Gujarat.

Climate

Kalol has a Monsoon climate with three main seasons: Summer, monsoon and winter. The climate is
generally dry and hot outside monsoon season. The weather is hot to severely hot from March to
June when the maximum temperature stays in the range of 35 to 49 °C (97 to 115 °F), and the
minimum in the range of 12 to 26 °C (66 to 81 °F). Highest temperature of Kalol was 49.8 c in May
2019. It is warm from December to February, the average maximum temperature is around 26 °C
(84 °F), the average minimum is 12 °C (57 °F), and the climate is extremely dry. The southwest
monsoon brings a humid climate from mid-June to mid-September. The average annual rainfall is
around 803.4 mm (31.63 in).

Religion

Hindus are the largest religious community of the city. Other religious communities include
Muslims, Christians, Sikhs and Jains. As per census of 2011 religions of the city's population:
Hindu: 81.5% Muslim: 8.5% Christian: 2.9% Sikh: 3.1% Jain: 1.8% Others: 3.2%.
Transportation and connectivity

Kalol lies between three major cities of Gujarat: Ahmedabad, Gandhinagar and Mehsana making it
an important city for transportation.

Air

The nearest airport is Sardar Vallabhbhai Patel International Airport in Ahmedabad is nearly 30 km
away from Kalol and provides connections with domestic and international flights.

Rail

Kalol Junction lies on the main railway line connecting Ahmedabad to Jaipur, Marwad, Abu Road,
New Delhi, Jodhpur, Bikaner and many other North Indian states. Kalol Railway Station is on the
Western Railways - Ahmedabad-Mehsana Line. The main train connections include Ranakpur
Express, Ahmedabad-Haridwar Yoga Express, Aravalli Express and Ahmedabad-Patan Passenger,
Ahmedabad-Jaipur Passenger, Ahmedabad-Jodhpur Passenger, and Ahmedabad-Aburoad Passenger.
Kalol Junction is currently under construction of electrification and doubling line.

Road

Kalol's main road is SH41. It connects with the cities of Ahmedabad, Mehsana, Palanpur, and
Aburoad. Kalol is connected to Surat, Mumbai and Navi Mumbai through National Highway 8A. It
is connected to Ahmedabad, Jaipur, Udaipur, New Delhi and Chandigarh through the National
Highway 8C. A highway also connecting to Mount Abu-Ambaji also passes through the city.
Local transport

The Gujarat State Road Transport Corporation (GSRTC) buses are available for all major cities of
Gujarat.

Economy & Industry

The city is an important industrial centre with many industries in and near town of Chhatral.
Sintex (plastic) and Bharat Vijay Mill (textiles) are situated in Kalol. Sintex is the largest
manufacturer of plastic tanks in Asia, and performs business all over Europe and America
through its foreign acquisitions. Asahi Sangwan Colours Limited, a major pigment
manufacturer, has its head office at Chhatral besides its another manufacturing plant in
Vadodara. Heavy Metal and Tubes Ltd. has three manufacturing units at Chhatral Road and
a corporate office at Ahmedabad.

Centre image of kalol city

Building and other centres

India's largest fertilizers company, Indian Farmers Fertiliser Cooperative (IFFCO) setup its
first Ammonia-Urea Complex in 1974.

{2} - Kandla

Kandla, now officially Deendayal Port Authority, is a seaport and town in Kutch district of
Gujarat state in Western India, near the city of Gandhidham. Located on the Gulf of Kutch,
it is one of India's major ports on the west coast. It is about 256 nautical miles southeast of
the Port of Karachi in Pakistan and about 430 nautical miles north-northwest of the Port of
Mumbai. Kandla Port was constructed in the 1950s as the chief seaport serving western
India.

It is the largest port of India by volume of cargo handled. The west coast port handled 7,223
crore (72,225 million) tonnes of cargo in 2008-09, over 11% more than the 6,492 crore
(64,920 million) tonnes handled in 2007-08. Even as much of this growth has come from
handling of crude oil imports, mainly for Nayara Energy's Vadinar refinery in Gujarat, the
port is also taking measures to boost non-POL cargo. Last fiscal, POL traffic accounted for
63 per cent of the total cargo handled at Kandla Port, as against 59% in 2007-08. In 2015-16
the port handled 10.6 crore (106 million) tonnes of cargo.[3]

Kandla Port was renamed as Deendayal Port in 2017 under the Indian Ports Act, 1908.[4]

Traffic handled

In 2008-09, total port traffic grew by 13.6% to reach an all-time high of 7,223 crore (72,225
million) tonnes. The port's share in traffic handled by all major ports has risen steadily over
the years, peaking at 13.6% in 2008-09 (see table). Earlier projections made by the port
indicate an annual capacity handling target of 10 crore (100 million) tonnes per annum by
2012.
Year Mln tons Change* % Share** %
2003–04 41,523 2.2 12.0
2004–05 41,551 0.1 10.8
2005–06 45,907 10.5 10.8
2006–07 52,982 15.4 11.4
2007–08 64,920 22.5 12.5
2008–09 72,225 11.3 13.6
.

Climate

Kandla has a semi-desert climate (BSh/BWh) under the Koppen-Geiger classification of

climates. The average annual temperature is 24.8 °C. The average rainfall is 410 mm, most
of which occurs during the monsoon from June to September.[citation needed]

Climate data for Kandla (1981–2010, extremes 1952–2012)

Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
Record 35.2 38.8 42.7 42.9 45.9 42.6 38.3 37.6 41.3 41.4 38.6 35.6 45.9
high °C (95.4 (101.8 (108.9 (109.2 (114.6 (108.7 (100.9 (99.7 (106.3 (106.5 (101.5 (96.1 (114.6
(°F) ) ) ) ) ) ) ) ) ) ) ) ) )
Average 26.1 31.8 27.6
28.6 32.4 34.7 35.5 35.2 32.9 33.3 34.9 31.9 32.1
high °C (79.0 (89.2 (81.7
(83.5) (90.3) (94.5) (95.9) (95.4) (91.2) (91.9) (94.8) (89.4) (89.8)
(°F) ) ) )
Average 14.5 26.3 16.0
16.7 20.7 23.9 26.7 28.1 27.3 25.9 24.6 20.4 22.6
low °C (58.1 (79.3 (60.8
(62.1) (69.3) (75.0) (80.1) (82.6) (81.1) (78.6) (76.3) (68.7) (72.7)
(°F) ) ) )
Record 4.4 20.8 7.2
7.7 12.8 14.4 19.8 22.0 22.2 20.3 15.0 10.6 4.4
low °C (39.9 (69.4 (45.0
(45.9) (55.0) (57.9) (67.6) (71.6) (72.0) (68.5) (59.0) (51.1) (39.9)
(°F) ) ) )
Average
0.2 99.1 1.4 407.4
rainfall 0.0 0.8 0.1 3.1 64.7 175.7 44.9 14.0 3.3
(0.01 (3.90 (0.06 (16.04
mm (0.0) (0.03) (0.00) (0.12) (2.55) (6.92) (1.77) (0.55) (0.13)
) ) ) )
(inches)
Average
rainy 0.0 0.1 0.1 0.0 0.2 1.9 6.5 5.4 2.1 0.6 0.4 0.1 17.3
days
Average
relative
humidit
y (%) 40 36 40 48 56 61 68 69 60 46 41 42 51
(at
17:30
IST)

Source: India Meteorological Department

Economy

The Port of Kandla Special Economic Zone (KASEZ) was the first special economic zone
to be established in India and in Asia. [7] Established in 1965,[8] the Port of Kandla SEZ is the
biggest multiple-product SEZ in the country. Kandla is the first Export Processing Zone in
India. Covering over 310 hectares, the special economic zone is just nine kilometers from
the Port of Kandla. Today, the Port of Kandla is India's hub for exporting grains and
importing oil and one of the highest-earning ports in the country. Major imports entering the
Port of Kandla are petroleum, chemicals, and iron and steel and iron machinery, but it also
handles salt, textiles, and grain.[9] A town has grown up on the port with a school and hotel
etc.
Expansion

The port will soon begin selecting developers for four clean cargo berths that together aim
to handle 8 million tonnes of cargo. The four berths will be supported by a 14 m draft
capable of handling 75,000 dwt vessels. The port has already received encouraging response
from prospective bidders, for the project that is estimated to cost nearly ₹500 crore.

KPT is also moving towards building dedicated container handling capacity. There is
currently one container terminal that is under private operation by ABG Heavy Industries
Ltd. The port trust's plans include setting up a dedicated container terminal with two berths
(No.11 and No.12 of the port) on BOT basis. The ₹330 crore project is expected to annually
handle 6 lakh containers.

The clean cargo and container berths form only a small part of KPT's expansion plans
through private enterprise. Other aspects include berthing facilities off Tekra (Tuna) that is
expected to boost cargo by 1.2 crore (12 million) tonnes, an offshore liquid terminal,
bunkering facilities and a ship repair and building yard.

{3} -Phulpur, Allahabad

Phulpur is a town area in Allahabad district in the Indian state of Uttar Pradesh. It is known
for being the Lok Sabha seat from which Jawaharlal Nehru got elected to the Indian
Parliament. Phulpur also hosts a Vidhan Sabha seat.
Geography

Phulpur is located at 25°33′N 82°06′E / 25.55°N 82.10°E / 25.55; 82.10.[1] It has an

average elevation of 87 metres (285 ft). The IST (Indian standard time) is calculated from
Phulpur.

Demographics

As of 2001 India census, Phulpur had a population of 21,066. Males constitute 54% of the
population and females 46%. Phulpur has an average literacy rate of 60%, higher than the
national average of 59.5%: male literacy is 70%, and female literacy is 49%. In Phulpur,
17% of the population is under 6 years of age.

5- Aonla Assembly constituency

Aonla Assembly constituency is one of the 403 constituencies of the Uttar Pradesh
Legislative Assembly, India. It is a part of the Bareilly district and one of the five assembly
constituencies in the Aonla Lok Sabha constituency. First election in this assembly
constituency was held in 1952 after the "DPACO (1951)" (delimitation order) was passed in
1951.[1] After the "Delimitation of Parliamentary and Assembly Constituencies Order" was
passed in 2008, the constituency was assigned identification number 126.

Wards / Areas

Extent of Aonla Assembly constituency is KCs Aonla, Aliganj, Siroli, Aonla NPP & Siroli
NP of Aonla Tehsil.[3]

Members of the Legislative Assembly

Year Winner Party Ref.

1952 Nawal Kishore Indian National Congress

1957 Nawal Kishore Indian National Congress

1962 Nawal Kishore Indian National Congress

1967 D. Prakash Bharatiya Jana Sangh

Year Winner Party Ref.

1969 Kesho Ram Indian National Congress

1974 Shyam Bihari Singh Bharatiya Jana Sangh

1977 Shyam Bihari Singh Janata Party

Indian National Congress

1980 Kalyan Singh
(I)

1985 Shyam Bihari Singh Bharatiya Janata Party

1989 Shyam Bihari Singh Bharatiya Janata Party

1991 Shyam Bihari Singh Bharatiya Janata Party

1993 Mahi Pal Singh Yadav Samajwadi Party

1996 Dharm Pal Singh Bharatiya Janata Party

2002 Dharm Pal Singh Bharatiya Janata Party

2007 Radha Krishna Bahujan Samaj Party

2012 Dharm Pal Singh Bharatiya Janata Party

2017 Dharm Pal Singh Bharatiya Janata Party

2022 Dharm Pal Singh Bharatiya Janata Party

Election results

2022
2022 Uttar Pradesh Legislative Assembly election: Aonla
Party Candidate Votes % ±%
BJP Dharampal Singh 88956 46.45

SP RADHA KRISHAN SHARMA 70532 36.83

BSP LAXMAN PRASAD 18773 9.8

INC Omveer Yadav 2307 1.2

NOTA None of the Above 1211 .63

Turnout 191509
2012

16th Vidhan Sabha: 2012 General Elections

2012 General Elections: Aonla

Party Candidate Votes % ±%
BJP Dharmpal Singh 50,782 30.85 -

SP Mahipal Singh Yadav 46,374 28.17 -

BSP Sajid Ali Khan 41,082 24.96 -

Remainder 15 candidates 26,375 16.04 -

Majority 4,408 2.68 -
Turnout 164,613 66.3 -
BJP gain from BSP Swing

6 -Paradeep

Paradeep also spelled Paradip (originally Paradweep, also spelled Paradwip), is a major
seaport city and municipality, 53 km (33 mi) from Jagatsinghpur city in Jagatsinghpur
district of Odisha, India. Paradeep Municipality was constituted as an NAC on 27
September 1979 and converted into a Municipality on 12 December 2002. [3] Paradeep (210
15’ 55-44" N 806 40’ 34-62" E) is the main outlet and inlet of the seaborne trade of the
eastern port. It also signaled the economic development of the state, giving impetus to trade
and commerce. It has become the gateway of Odisha to the International community.

Paradeep has become a hub of industrial activities. Industries like IFFCO, Paradeep
Phosphates Limited, CARGILL, IOCL, BPCL, HPCL, Carbon, etc. have been established
here. From an administrative viewpoint, Paradeep N.A.C. was constituted vide H & U.D.
Department Notification No. 31169, dated 27 September 1979, and became functional with
effect from 18 September 1980. Subsequently, Paradeep N.A.C. was upgraded to
Municipality under section 424 of the Odisha Municipal Act. 1950 vide H. & U.D. Deptt
Notification no. 47302/HUD, dated 12 December 2002. The municipality comprises five
Revenue Villages, namely Udachandrapur, Chauliapalanda, Sandhakuda, Bijayachandrapur,
and Bhitaragarh. Given the increasing population and industrialisation, a proposal to include
15 villages i.e. Paradeep, Garh, Niharuni, Niharuni Kandha, Chouki Matha, Udayabata,
Nimidiha, Kotakula, Rangiagarh, Nua Sandhakud, Musadiha, Musadiha Jangle, Boitarkuda,
Kaudia, Aganasi, and Nuagarh has been sent to state H. & U.D. Department on 11 October
2007 and District Collector, Jagatsinghpur for inclusion. Paradip is 94 km (58 mi) from
Cuttack and 125 km (78 mi) from Bhubaneswar. Biju Patnaik International Airport is the
nearest and only operational commercial airport to reach Paradip.

Paradeep
Paradip
City
Paradweep

Clockwise from top left: Shri Jagannath Temple, Paradip Port, Paradip Sea Beach, "I Love
Paradeep"
History

During the early 17th century, Paradip and its adjoining areas were connected to Cuttack
through the Mahanadi river and its branches. Transportation of goods from rural areas to
Cuttack was done through waterways via Dhamara and Pattamundai, though slowly
discontinued due to silting of the river bed. In 1819, the British constructed a sort of harbour
north of the present Paradip site then called False Point. In 1862, the East India Irrigation
Company explored the potential of Paradip for the transportation of rice from the area. The
importance of Paradip grew during the great famine of 1866 when it was used as the main
entry point for importing food materials to the famine-struck area.

Inaguration of Paradip Port

During the early post-independence period, a minor port came into existence at Paradip in
1958 through the efforts of the State Government. Subsequently, the Government decided to
construct a major port there. The foundation stone for Paradip Port was laid on 3 January
1962 by the former prime minister of India Pandit Jawaharlal Nehru, then Prime Minister of
India. On completion in 1965, the port was taken over by the Government of India and was
declared open on 12 March 1966. Paradip Port was declared the eighth major port of India
and the first major deep sea port on the east coast commissioned after independence. The
Paradip Port Trust came into being in 1967 for the development and management of the
Port.

Associates and subsidiaries

 IFFCO Tokio General Insurance Company Limited

 IFFCO eBazar Limited
 IFFCO Kisan SEZ Limited
  IFFCO Kisan Sanchar Limited
 IFFCO-MC Crop Science Private Limited
 IFFCO Kisan Finance Limited
 Oman India Fertiliser Company SAOC
 National Commodity & Derivatives Exchange Ltd.
 Kisan International Trading FZE
 Indian Potash Limited
 Jordan India Fertilizer Company LLC
 Sikkim IFFCO Organics Limited
 Industries Chemiques Du Senegal
 CN IFFCO Private Limited

My Personal Experience

It’s a great experience of mine to work with a one of a reputed

organization that serve our country to more than 100 years and work
for nation development and also expand his business in 26 countries
and work in all the important sector. And work for our employee
wellness and care for her each and every stage.

And a very special thanks for Managing Partner Praticha Pandey sir
who allow me to join the Allahabad branch and share with me his
own great experience which he earn. I learn a lot under his guidance
and make ourself worthy.
38