Brief Description & Assumption about Parameter used for selection of Outlook
Swaraj Award-2020
(Consist of Five Set and Twenty Two Parameters)
1.Set One: Total seven parameter(Membership, Ordinary Member Share Capital, Total Share Capital, Reserve and Funds, Total Funds, Business Turnover, Net profit):
• Total four year data (2014-15 to 2017-2018) has been taken but Rank has been derived using the Three year data (2014-15 to 2016-17).
• Annual growth rate has been calculated using formulae
= Succeeding year - Preceding year *100 / Preceding year
• 2014-15 has been taken as base year and next preceding year has been taken as base value for calculating growth rate.
• Growth rate of three year has been arrived using above formulae then average has been calculated taking 2 years growth rate data.
2. Set Two:Total four parameter
• Active Member w.r.t. Total members %: This is calculated using the following formulae and average of all three year has been calculated
= Active Members (No.) *100/Membership (No.)
• Own Business w.r.t. to Government sponsored business %: This is calculated using the following formulae and average of all three year has been calculated
= (Business Turnover - Government sponsored business)*100 / Business Turnover
• Audit classification: Total three year audit rating from 2014-15 to 2016-17 has been taken and average of all three year rating equivalent value has been calculated.
* (Audit Classification A has equivalent value of 1 and B has equivalent value of 0.5)
• Dividend Percentage: Three year dividend distribution percentage data has been taken (2014-15 to 2016-2017) then average Dividend distribution has been arrived based on formulae:
= Total of three year Dividend distribution Data / 3
• Return on Capital: It has been calculated by dividing Net profit by total available fund than average ROC is arrived by adding three year Return on Capital and then dividing by 3.
Return on Capital =Net Profit*100 / Total Fund
• Per Employee business turn over: three year (2014-15 to 2016-2017) Per Employee business turnover is calculated by dividing total business turnover by total number of employee. Then average Per Employee business Turnover is arrived.
Per Employee business turn over = Total Business Turnover /Total Number of Employee
3. Set Three: Total four parameter (Data from 2014-15 to 2016-17 has been taken)
• Employee Trained Percentage: Four year separately Employee trained percentage is calculated, than average ETP is arrived dividing it by three.
Employee Trained Percentage = Number of Employee Trained*100/Number of Employee
• Social Welfare Activities (Nos.): It is a total number of social activity undertaken by Society for welfare activity of it member in last three year. Society with maximum Average Social Welfare activity is awarded maximum marks.
Avg. Social Welfare Activities = Sum Total of all Welfare Activity in 3 Years
3
• Amount Spent on welfare Activities w.r.t. Net Profit (in Rs): In this head total of three year amount spent on welfare activity is calculated w.r.t Net Profit of respective year and divided by three to arrive on average value.
= Amount Spent on Welfare *100/Net Profit
4.Set Four: Five Parameter (Data of 20s15-16) Memberships, Total Share Capital, Total Fund, Business Turnover and Net profit have taken. The society having maximum value among these five set of parameter has awarded maximum marks.
5. AGM Attendance (%): Average is calculated by dividing the total of three years
AGM attendance with 3.