A Study on Best Human Resource Practices in Rashrtriya Ispat Nigam Limited, Visakhapatnam Steetl Plant

Dr. M. Sasi Bhushan

Abstract: The steel industry plays a vital role in the global economy, creating jobs, contributing to GDP, and generating revenue. It enables infrastructure development, building roads, bridges, and homes, and supports transportation systems. Steel is crucial for industrial growth, support manufacturing sectors and facilitating renewable energy solutions. Effective Human Resource (HR) practices are crucial for an organization's success. They attract, retain, and develop talented employees, fostering a productive and engaged workforce. HR practices ensure fair treatment, diversity, and inclusion, promoting a positive work culture. The primary objective of this study is to examine and identify the best HR practices adopted by Rashtriya Ispat Nigam Limited (RINL) that contribute to its success. The study on best HR practices in RINL revealed that the organization has made significant strides in implementing effective HR strategies. However, there is still scope for improvement.

Keywords: steel industry, HR practices, infrastructure development, Rashtriya Ispat Nigam Limited, workforce development