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ODISHA STATE COOPERATIVE
MARKETING FEDERATION LTD

ANNUAL REPORT



Sales Turnover :-


Year Turnover ( in crore of Rs.)
2014-15 682.07
2015-16 845.17
2016-17 619.20

Business Scenario of MARKFED-Odisha :-

  1. Fertilizer Business :-

    • Primary business of MARKFED is distribution of chemical fertilizer to the farmers through the Cooperative Societies under ‘B’ component and private dealers having valid fertilizer license. The total sale of fertilizer has been increased from 1.44 lakh MT during 2001-02 to 2.52 lakh MT during 2016-17.
    • Sale of fertiliser during kharif 2017-18 (up to 30.09.17) comes to 2.04 lakh MT. Out of which, sale to Cooperative Societies(1906) is almost 71% and contribution of MARKFED to total sale of the State (7.84 lakh MT) is about 27%. MARKFED is also supplying Fertilizer and Pesticides to the Government organizations against their requisitions.
    • The percentage of achievement in sale of fertilizers during last 3 years and as on 31.1.18 is given below:

      Year Target Fixed (in MT.)

      Total achievement

      (in MT)      		 Achievement (%)
      2014-15 4,75,000 2,89,991 61
      2015-16 3,54,000 2,95,664 66
      2016-17 3,86,000 2,52,380 65
      2017-18 ( As on 31.1.18) 3,86,000 2,19,439 57

    • The sale position of fertilizers (Kharif & Rabi wise) of last 3 years and as on 31.10.17 is given below:

      Year Kharif (in MT) Rabi (in MT) Total (in MT) ‘B’ Comp. sale (%) Turnover (in crore of Rs.)
      2014-15 2,37,699 52,292 2,89,991 51 354.70
      2015-16 2,60,099 36,565 2,95,664 57 359.90
      2016-17 2,22,949 29,431 2,52,380 61 283.47
      2017-18( As on 31.1.18) 2,03,919 15,520 2,19,439 68 245.40

    • Consumption of fertilizer by MARKFED during 2016-17 comes to 26 % of the State consumption.
    • Consumption of fertilizer during Kharif by MARKFED during 2017-18 as on 31.1.18 comes to 26 % of the State consumption. The detailed report regarding State consumption vrs achievement of MARKFED is as under :

      Year / State consp. Kharif (in MT) Rabi (in MT) Total State Consumption (in MT) MARKFED Achievement % of Achievement
      2014-15 6,88,442 3,33,191 10,21,633 2,89,991 28
      2015-16 7,79,239 2,70,268 10,49,507 2,95,664 28
      2016-17 7,31,096 2,52,863 9,83,959 2,52,381 26
      2017-18 ( As on 31.1.18) 8,09,164 15,000 8,24,164 2,19,439 27

    • Target fixed for the year, 2017-18:-
      Target for Sale of fertilizer F.Y,17-18 is fixed at 3,86,000 MT, out of which Kharif target is 3,25,000 MT & Rabi target is 61,000 MT. The district wise target is given here under.

    • Bottlenecks in fertilizer operation:-

      1. During disbursement of Agriculture loan to farmers through PACS / LAMPS, a rider may be fixed regarding availing of inputs like fertilizer on ‘B’ Component from MARKFED or else sale of fertilizer will be hampered.
      2. As per decision of Govt. only prepositioning of Urea, which is a fast moving fertilizer having less cost in comparison to DAP, Complex & MOP is being made at PACS / LAMPS level. As a result of which, the sale of slow moving fertilizers like DAP, Complex & MOP are being hampered.
      3. MARKFED is playing a vital role in distribution of fertilizer to the remote areas of the state through PACS / LAMPS and dealing with 30 to 35 % of state fertilizer consumption. Whereas, private wholesaler and OAIC are dealing with about 50% and 20% respectively of the State fertilizer consumption.
      4. In order to boost up sale, all the societies may be asked to lift a particular percentage of fertilizer (min. 50%)
      5. The private retailers are not all interested to deal with MARKFED for which the fertilizer business of MARKFED is being affected during peak season.

  2. Paddy Business :-

    MARKFED acts as State Government agency to procure paddy from farmers at Minimum Support Price (MSP) since KMS 2004-05 through custom milling mode.

    • During the current Kharif Marketing Season (KMS 2017-18) State Government has allotted procurement target of 1.07 lakh MT of paddy equivalent to nearly 72,500 MT of CMR from 4 districts to MARKFED. MARKFED has procured 84,115 MT of paddy (from 21,630 farmers) equivalent to 56,879 MT of rice and delivered 14,262 MT to FCI (as on 15.2.18).
    • MARKFED has availed loan of Rs. 120 Cr. From NCDC for the purpose. Out of which, Rs.30 Crores has been sanctioned apart from other commercial banks for facilitating payment to the beneficiaries.
    • The participation of beneficiaries has been increased to 27,426 from 14,565.

      Sl. No. KMS year No of dist. alloted Target in terms of CMR (MT) Achievement (Qty. CMR in MT) Value (in crore of Rs.) % of achievement
      1. 2014-15 7 94,762 94,762 228.13 100
      2. 2015-16 8 1,14,279 1,13,408 281.80 99
      3. 2016-17 4 99,000 80,845 213.79 82
      4. 2017-18(as on 15.2.18) 4 72,500 56,879 148.37 78

  3. MARKET INTERVENTION:-

    • Price Support Scheme (PSS) Operation :-

      MARKFED-Odisha has been participating in procurement of Groundnut pods/ Sunflower seeds under P.S.S operation of Govt. of India through NAFED to save the farmers from distress sale and exploitation of middlemen. The MARKFED has been procuring goods from the farmers of different districts on behalf of NAFED/ OSCSC Ltd. from time to time.

    • MARKFED has been engaged in its procurement operation by utilizing its existing manpower / funds borrowed from OSCB on Govt. guarantee during 2014-15.However, to overcome the working capital constraints, the Govt. of Odisha has sanctioned corpus fund to the tune of Rs. 100 Cr. for procurement operation by MARKFED. The year wise procurement of Groundnut pods/ Sunflower seeds is indicated below.

      Year Commodity Quantity Procured Amount(in Crores) District
      No. of Farmers MT.
      2015 Sunflower 234 76.019 0.30 Bhadrak
      2016 Sunflower 235 164.560 0.68 Bhadrak
      2017 Moong 2948 1405.880 7.66 Puri, Cuttack, J.S.Pur & Kendrapada
      2017 Sunflower 235 177.000 0.70 Bhadrak
      2017 Groundnut 591 947.765 4.00 Jajpur & Mayurbhanj

  4. OTHERS :-
    • Cold Storages:

      MARKFED has 3 no.of multi-commodity Cold Storages at Bhubaneswar, Rayagada, and Jagatpur of 5000 MT, 5000MT & 4000 MT capacity respectively.As per resolution of the Committee of Management of dated 21.01.2012, the cold Storage at Bhubaneswar & Jagatpur has been leased out to private parties @ Rs. 50,000/- and 45,000/- per month respectively and the lease-holders are to reimburse the monthly salary of two nos. of staff respectively. Efforts have been made for leasing out of Rayagada Cold Storage after getting prospective bidders. However, steps are also being taken to make the Rayagada cold storage operational through TDCCOL.

    • Warehouses :

      MARKFED has 1.00 lakh MT. capacity godowns of its own for conducting fertilizer & paddy business. At times we hire godowns from co-operatives & private bodies for business purposes as & when required.


      • Govt. has provided financial assistance of Rs.1.50 Crore under State Plan for repair and renovation of existing godowns, which were constructed during NCDC phase – I & III under World Bank storage project during the period 1980-81 to 1988-1989. The repairing work has been assigned to OSAM board during 2015-16. Repairing work of balance godowns will be taken up with an estimated expenditure of Rs. 1.50 Cr.

      • Accordingly MARKFED has taken up steps for creation of new warehouses of 52,500 MT capacity with grant of financial assistance to the tune of Rs.39.16 crore under RKVY. This will in turn give a boost to the sale of fertiliser of MARKFED as well as consumption of State in general.

        In 2016-17:-  20 numbers of godowns having capacity 17,500 MT have been constructed under RKVY and thus the total storage capacity have been increased to 1,30,000 MT ( own-1,17,500 MT+ hired from RCMS-12,500MT).

        During 2017-18:-  17 numbers of godowns having capacity 13,000 MT are being constructed by MARKFED and thus the total storage capacity will be increased to 1,43,000 MT.

      • Places for construction of Multi-complexes under PPP mode

        Sl.No. Place with locality Detailed Area Remark.
        1 Head Office Premises of MARKFED at Laxmisagar-1. Ac.1.230, Plot No:-2991,Khata No: 1986/81, Tahasil: Bhubaneswar. ROR available(Govt. lease plot)
        2 Sikharpur, Cuttack Ac. 0.450, Plot No: 827/965, Khata No: 642, Tahasil: cuttackNo:239. ROR available(Own land)
        3 Nayagada (Nayagada Buffer) Ac. 0.500, Plot No: 1346/3960 & 179/ 3961, Tahasil: Nayagada. ROR available(Own land)
        4 Baragarh(Fertilizer plant area), Dang. Ac. 4.805, Plot No: 1088,1089 ,1090/2065 & 1091, Tahasil: Baragarh. ROR available(Own land )
        5 Jaganathpur (Chatrapur), Raghunathpur Ac. 1.882, Plot No: 921/1936, 920/4130,910 & 912 Tahasil: Chatrapur. ROR available(Own land)
        6 Jeypore (Souragarh)

        Ac. 2.670, Plot No: 160/1,  160/1,

                                          301      1189

        Khata No: 75/700.

        Tahasil: Jeypore.        		 ROR available.


Financial Position of MARKFED


     
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