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 2018-19 on 4th Jun, 2018.

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 2016-17 is given below

MoU   RATING:

YEAR

RATING

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

SignPress release : NFL signed MoU with Deptt. of Fertilizers for the year 2018-19 

SignPress release : NFL bags Hindustan PSU Award 2018 

SignInvestor Presentation Q4(2017-2018) 

SignSwachh Bharat Summer Internship. 

SignMedia Coverage of Annual Financial Results 2017-2018 

SignPress Release - NFL Records net profit of Rs. 212 crore during 2017-2018 

SignNOTICE FOR OFFICE SPACE FOR STATE OFFICE H.P. AT SHIMLA ON RENTAL BASIS & PRESS RELEASE 

SignAudited Annual Financial Results for the Financial year 2017-18 

SignPress Release - NFL Contributes towards Armed Forces Flag Day Fund under CSR 

SignNotice - Board Meeting - 02.05.2018 

SignNotice - Closure of Trading Window - 09.04.2018 

SignNFL has achieved highest ever production of Urea in 2017-18 

SignNFL awarded Prize for House Journal by PRCI 

SignFINANCIAL PERFORMANCE FOR THE 3rd QUARTER ENDED 31.12.2017 

SignDirector (Finance), NFL received "CA Distinguished Achiever Award" 

SignNFL records profit of ₹231 crore up to 3rd Quarter (2017-18) 

SignRepublic Day Celebrations at NFL 

SignUnaudited Financial Results for the quarter ended 31.12.2017. & Press Release

SignAppreciation Letter on CSR Activities  

SignPress Release : NFL sponsored Para Players make India proud  

SignPress Release regarding Energy Conservation Award by Honble President 

SignDigital Payment Mission : National Fertilizer Limited 

SignShri Manoj Mishra C&MD, NFL elected to the Board of International Fertilizer Association (IFA) 

SignFinalizing Road Map for redefining role and functions of CPSEs- New India 2022 (Presentation) and (Agenda)