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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.

In the search of improving accountability and giving higher operational autonomy to Public Sector Undertaking, the Department of Public Sector Enterprises (DPE) Government of India introduced the concept of Memorandum of Understanding (MoU) in early nineties. The new Industrial Policy of 1991 made it mandatory for all PSUs to enter in to MoU with their respective Administrative Ministries. The MoU over these years has gained significant improvement from the fact that it reflects the company’s overall composite rating and secondly the performance of the Chief Executive of the company is partly seen through MoU. The strengthening of existing system of monitoring PSUs through MoU is an important element of the present policy of the Government.

The Company has signed MoU with DoF for the year 2020-21 on 09th Nov, 2020.

NFL started signing MoU from the year 1991-1992 and has been getting Excellent rating for most of the years. NFL's MoU rating from 1991-92 to 2018-19 is given below

MoU   RATING:

YEAR

RATING

2019-20
Fair (Provisional)
2018-19
Very Good

2017-18

Very Good

2016-17

Good

2015-16

Very Good

2014-15

Very Good

2013-14

Very Good

2012-13

Good

2011-12

Excellent

2010-11

Excellent

2009-10

Excellent

2008-09

Excellent

2007-08

Excellent

2006-07

Excellent

2005-06

Excellent

2004-05

Excellent

2003-04

Excellent

2002-03

Excellent

2001-02

Excellent

2000-01

Excellent

1999-00

Very Good

1998-99

Good

1997-98

Very Good

1996-97

Fair

1995-96

Excellent

1994-95

Excellent

1993-94

Excellent

1992-93

Excellent

1991-92

Excellent


 

What's New

Sign  01 Advisor (agrochemical), 01 sr. consultant (agrochemical) and 02 consultants (agrochemical)’ on contract basis
Sign  Change in the composition of the Board of Directors 14.10.2021
Sign  Voting Result of 47th Annual General Meeting of the Company held on 29.09.2021
Sign  Notice - Closure of Trading Window - 22.09.2021
Sign हिंदी दिवस 2021 के अवसर पर अध्यक्ष एवं प्रबंध निदेशक महोदय की अपील
Sign Shri Nirlep Singh Rai takes over as C&MD, NFL
Sign Newspaper Clipping of Notice of 47th Annual General Meeting
Sign Change in the composition of the Board of Directors
Sign NFL Annual Report 2020-21
Sign 47th AGM Notice
Sign Notice for Attention of the Shareholders of the Company
Sign Intimation regarding convening of 47th Annual General Meeting, closure of register of members & share transfer books and e-voting facility
Sign Notice to Shareholders for Updating Email Address and Mobile Number
Sign Un-audited Financial Results (Standalone and Consolidated) for the quarter ended 30.06.2021
Sign Opening of Trading Window w.e.f. 15.08.2021
Sign Notice - Closure of Trading Window - 29.06.2021
Sign NFL PRESS RELEASE YOGA DAY 2021
Sign International Day of Yoga 2021
Sign Press Release Highest Ever Fertilizer sale 11.06.2021
Sign Opening of Trading Window w.e.f 11.06.2021
Sign Audited Annual Financial Results for the Financial year 2020-21
Sign  NFL Nangal Unit dedicates 20-bed ward for Covid Care
Sign  Auction Notice
Sign NFL achieves Highest Fertillizer Sale

Sign NFL total Fertilizer Sale peaks at 59.36 Lakh MT in FY 2020-21.

Sign NFL provides Cold Storage Equipments for CoVID Vaccine
Sign  SOP for COVID-19