But mere profits were not the real reason why Empress Mills was so special. Here, in the nineteenth century, when human resource development was an unheard-of concept, Jamsetji Tata introduced a gratuitous pension fund for the workers of the mills, in 1887. This was the first of its kind in the country. In 1895, he established an accident compensation scheme for workers. In 1901, he introduced a Provident Fund scheme for his workers. This was the first time ever in India that this concept had been introduced. Each of these schemes, devised specifically for employee welfare, were pioneering
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