ONGC (Oil and Natural Gas Corporation Limited), is an Indian public sector petroleum company. ONGC is a leading company in India. It produces more than 600 million metric tones of crude oil and supplied more than 200 billion cubic metres of gas. India gets more profit through this oil and Natural Gas Company. In 1959, this corporation began as an Indian Oil Company Ltd.
In 1955, The Government of India wanted to develop the oil and natural gas resources in the important areas of India. To achieve this project an Oil and Natural Gas Directorate was set up in 1955.In 2004, Energy Companies Business Technology declared that of ONGC Company is the second biggest E&P Company. The people who work in ONGC India are responsible for protecting the environment. In 1989, Institute of Petroleum Safety Health and Environment Management (IPSHEM) was established by the cause of environment and safety in ONGC. The staff who works in Oil and Natural Gas Corporation Limited, having good conditions and health safety policies. It leads all Indian Corporates in Forbes Global 2000 and in Financial Times Global 500.
ONGC always looking for young intelligent executives. The pay scale is Rs. 24,900 – 50,500/- with an increment rate of 3% per year. Executives who has working in ONGC get more benefits including Basic Pay, Dearness Allowance, HRA/ Company Accommodation, Contributory Provident Fund, Conveyance Maintenance, LFA, Holiday Home facility, Substantial Performance Related Pay (PRP), Medical Facility for self and dependents, Gratuity, Self Contributory Post Retirement Benefit Scheme and Composite Social Security Scheme.
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