Welfare measures and its outcomes

Financial support towards welfare measures:

  • Employee Provident fund (EPF) is provided for the eligible staff by contributing both Employer and employee contributions every month as per the norms of the Government of India.
  • Gratuity for both Teaching and Non-teaching staff up to 10 lakhs has been disbursed to the retired or resigned employees
  • Extension of ESI benefits to non-teaching staff @4% of basic.
  • Reimbursement of 5000/- of premium for Medical Insurance paid irrespective of the policy value for both Teaching and Non-Teaching staff.
  • For all the Staff and Students, Management is providing a Personal Accidental Policy with a coverage of 5 Lakhs per member from a reputed Insurance company every year.
  • Gifts to the Staff during special occasions and Festival advances for staff are provided by the Management.
  • Implementation of Pay scales to Teaching and Non-teaching staff
  • Management will donate an amount in the case of need of money to any Staff whose member of his / her family is in a medical emergency. In this regard, even some times staff also contributes.

Contribution of Employee Provident Fund (EPF): 

S.No.

Year No. of Employees Benefitted by Provident Fund (EPF) Contribution

PDF Link

1

2021 225 View Document

2

2020 231

View Document

3

2019 232

View Document

4

2018 236

View Document

5 2017 238

View Document

 


Gratuity contribution to all staff criterions:

 S.No.

Year Gratuity Benefit availed by the number of staff Total Amount Amount Paid & Details

Gratuity Payable Details

1

2021 7 staff availed 28,53,688/- View Document View Document

2

2020  4 staff availed 16,36,099/- View Document View Document

3

2019  6 staff availed 15.47,995/- View Document View Document

4

2018  6 staff availed 28,24,882/- View Document View Document

5

2017 NA NA View Document

NA


 

ESI Contribution to the Non-Teaching and Support staff

S.No.

Year ESI  Contribution to the no. of Non-Teaching Staff

PDF Link

1

2021

17

View Document

2

2020

18

View Document

3

2019

18

View Document

4

2018

19

View Document

5

2017

19

View Document

 


Health Insurance card -Premium Reimbursement to the eligible staff:

S.No.

Year Health Insurance Provision to the  No. of Staff              Max.  Reimbursement per person (Rs.)

PDF Link

1

2021  108 5000/-

View Document

2

2020  94

5000/-

View Document

3

2019  86

5000/-

View Document

4

2018  80

3000/-

View Document

5

2017  672

3000/-

View Document

 


Group –Personal Accident Policy to the Staff & Students: ( For 5 Lakhs Coverage per member) 

S.No.

Year Insurer Sum of Rs per Person Number of Staff Total amount spent

PDF link

1

2021

M/s Royal Sundaram General Insurance Co.Ltd

177/- 307 54,337/- View Document

2

2020

M/s Royal Sundaram General Insurance Co.Ltd

177/- 309 54,693/- View Document

Subsidized Transportation Facility to the Staff:

As a welfare measurement, GNITS provides subsidized Transportation for a nominal fee in all the Bus routes operating for the welfare of GNITS Staff in various parts of Hyderabad city. This facility is applicable while coming and leaving the institution. Those who are availing of this facility will be on time to the college to attend their duties.