hafed Project
Transcript of hafed Project
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STATUS PAPER VISITED INSTITUTION: HAFED
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HAFED
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INTRODUCTIONHAFED or The Haryana State Cooperate Supply and
Marketing Federation Limited is an apexinstitution ofmarketing societies in the state of Haryana. Its
carporate office located in Panchkula. It came intoexistence on 1 Nov 1966
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MISSION
To serve the economic interests of the farmers ofHaryana by providing viable and effective support in
Agriculture Production. Marketing & Agri Processing.
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FUNCTIONS Main agency of State Government for the
procurement of agriculture produce like Wheat,Paddy, in the state of Haryana.
Procure mustard seed with NAFED. Procure Bajra for Central pool.
Provide Fertilizers, seeds to PACS throughmarketing societies.
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Network of Marketing
SocietiesIn the State of Haryana there are 76 marketing
societies out of which 62 are functional and 14 are
defunct.
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Organizational Set Up
Board of Directors
Managing Director
Chief General Manager (Procurement & Warehousing)
Superintending Engineer General Manager (Finance & Accounts)
General Manager (Plants)
Addl. General Manager (Rice)
Addl. General Manger (Systems)
District Attorney
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Financial Position
A) Share Capital:The share capitalof Hafed as on 31 March 2010 is Rs.12.93 crore and it includes Govt.equity of Rs. 18.75 lac.
B) Reserve & Surplus :The reserveand surplus of the Federationincreased from Rs. 380.12 crore (as
on 31 march 2006) to Rs. 630.82crore (as on 31 march 2010). Reserve& surplus of the last five years is asunder:-
Year Ending Amount(crore)
31 march 2006 380.12
31 march 2007 385.52
31 march 2008 397.50
31 march 2009 579.38
31 march 2010 630.82
0
100
200
300
400
500
600
700
2006 2007 2008 2009 2010
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C) Turnover and Profits The turnover of the Federation is increased from 3095.09 croresto 4253.55 crores from financial year 2005-06 to 2009-10 butprofits decreased from 58.36 crore to 43.45 crore during thesame period. The data of last five years is as under:
Financial Year Turnover Profit(Rs. Incrores)
2005-06 3095.09 58.36
2006-07 2838.34 75.71
2007-08 2627.57 58.68
2008-09 3092.28 33.782009-10 4253.55 43.45
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D) I NVESTMENTS Investments of the Federation invarious Cooperative and PublicSector Institutions increasedfrom Rs. 116.60 crore(as on 31march 2006) to Rs. 117.61
crore(as on 31 march 2010).Hafed has invested in the equityof IFFCO, KRIBHCO, NAFED,IPL, NCMSL, Cooperative SugarMill, Gohana and CooperativeSugar Mill, Sirsa etc. Data of lastfive years is as under:-
Year endingAmount (Rs. In crores)
31.3.2006 116.60
31.3.2007 116.60
31.3.2008 116.60
31.3.2009 116.60
31.3.2010 117.61
116
116.2
116.4
116.6
116.8
117
117.2
117.4
117.6
117.8
2006 2007 2008 2009 2010
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PROCUREMENTA) Wheat Procurement:-
Hafed is one of the state agencies for
procurement of wheat on support price announced by Govt. of
India from time to time and has been procuring wheat since 1969.
Wheat is delivered to FCI for central pool. In the year 2009-10
Hafed purchased 24.74 Lac MTs out of total procurement of the
state that was 69.11 lac MTs. It contributes 36% of the total
procurement.
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PROCUREMENT B) Rice Procurement :-
Hafed is one of the state procuring agencies for
procurement of paddy under support price operations. Hafed owns
13 Rice mills with a capacity of 302 MT of paddy per hour. Hafed
also purchases Basmati paddy and other varieties of paddy to
ensure competitive prices to the paddy growers. In the year 2009-
10 hafed purchased 10.40 MT.
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INPUTS
A) Fertilizers:- Hafed is rendering in providing agricultural inputs viz.Fertilizers, Pesticides, Insecticides, seed etc. on reasonable prices at thedoor- steps of farmers including remote areas through number
cooperate Marketing societies and over 564 PACS spread all over the
stats in order to boost agricultural production.
The distribution of fertilizers cooperate in the state during last fiveyears is as under:-
Year Sale of Fertilizers Turnover
(Lac MTs) (in Crores)
2005-06 4.26 262.982006-07 5.09 316.48
2007-08 6.68 476.13
2008-09 5.89 460.15
2009-10 6.30 463.05
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MARKETING With a view to provide marketing support to the
processing activity of Hafed by relating regulardemand of its branded consumer products likeBasmati Rice, Kachi Ghani mustard oil, Refinedsoyabean and cotton seed oil, Desi Wheat, Desiwheat atta, Sugar, Turmeric powder, etc., systematicefforts were made to recognise its marketing
activities in the year 1993-94 by establishingindependent marketing division. Since then sales ofHafed consumer products have increased manifold.
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A) Contract Farming
Hafed undertaken contract farming of Barley,
Basmati, Paddy and Desi Wheat. Farmers get
better prices of their produce.
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B) ORGANIC FARMING
Hafed has undertaken organic projects on
1000 hectares, under which the cost of
organic certification and advisory services to
the farmers is being borne by Hafed.
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WARE HOUSING Hafed has over the years, created its
own scientific storage capacity of 8.64lac MT godowns.
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Processing Units
Hafed has also set up processing units. Some of them are givenbelow:
(A) Hafed oil mill, Rewari
(B) Hafed oil mill, Narnaul (C) Hafed cattle feed plant, Rohtak (D) Hafed Animal feed plant, Saktakhera (E) Hafed Turmeric plant, Radaur
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EXPORT
Hafed is also active in export of rice.
In 2009-10 the value of rice exported
by Hafed was Rs. 1.38 crore
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INFORMATION TECHNOLOGY
Various initiatives have been taken to enhance
the penetration of I.T. in the organization.
Some of the projects undertaken during this
period include comprehensive computerization
of all the member Cooperative MarketingSocieties, online monitoring of court cases,
online sales monitoring etc,.
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STRENGHTHENING OFMEMBER COOP. MARKETINGSOCIETIES
Hafed being an Apex Federation of the cooperative Marketing
Societies is committed to watch the interests of It's member
societies. The entire business of Hafed viz. Procurement,
Supply of Inputs etc, is routed through these societies in the
State. Thus, Hafed not only provides remunerative prices tofarmers for their produce but also pays commission to its
member Coop. Marketing Societies on the business done
through them.
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FUTURE PROSPECTS
Though Hafed is achieving
excellence in every sphere of its
activity but on certain fronts, it is
lacking. In export the organizationdid not show results. The total
revenue earned by it in 2009-10 was
only 1.38 crore. This has to be
increased in future.
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