Fiduciary Responsibility - Employers (LCA EPGPKC - Group 8)
Fiduciary Responsibility - Employers (LCA EPGPKC - Group 8)
Fiduciary Responsibility - Employers (LCA EPGPKC - Group 8)
Stage - Mavoor
Until the 1960s, Mavoor was like any other village in Kerala.
Back Ground
Gwalior (Grasim later)
Rayons
@ Mavoor
When production began in 1963, the company bought 30,000 acres of forest land
from a former prince.
The
Management
view
of actions
leading to the
Issue
But in 1971, the Kerala Government nationalised private forest land. The unit
then had to depend on raw materials from neighbouring states.
But later, these states banned the inter-state movement of bamboo and
eucalyptus to protect their own industries.
State Government started diverting raw materials from Grasim to the newly set
up Hindustan Paper Corporation (HPC) at Veloor.
With the Government supplying only a third of the raw material required, say
factory officials, capacity utilisation slumped.
The thick effluents recklessly released by the factory have been identified
as poisonous.
Besides the water pollution, the factory was also a serious air polluter.
The impact of the pollution could be seen in the every aspect of the town.
Health of
Employees &
Public
Trade
Unionism
Ethical
Legal
Economical
Fiduciary
Frame
Legal
Economic-Social
- Pollution norms
not adhered to
- Concessional
agreements with
the state
government
Questions ?
Thank you