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FAQs > Self Employment Directorate:
COAL TRANSPORATION
» How many officers are required to form a company?
» What is waiting period?
» Why it can't be speeded up?
» Can a JCO become a Director?
» What percentage of ESM is required in a company's working force?
» Can an individual ESM/Widow benefit from the Scheme?
 
How many officers are required to form a company?

Three Officers.


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What is waiting period?

Waiting period is about 6-7 years presently and depends on demand received from a coal subsidiary.


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Why it can't be speeded up?

Demand is based on requirement by the Coal India Limited and then only companies are sponsored.


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Can a JCO become a Director?

No. A JCO cannot become a sponsoring director but can be co-opted if sponsored directors desires.


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What percentage of ESM is required in a company's working force?

75 percent of workers in ESM Company are to be ESM.


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What percentage of ESM is required in a company's working force?

75 percent of workers in ESM Company are to be ESM.


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