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OBJECTIVES
                             
Head OfficeMaheshwari Temple -  Sungra

OBJECTIVES

The objectives of the federation are :-

(i) To arrange for the sale of agriculture produce of the members or that purchased by the federation, to the best advantage;
(ii) To advance loans to members on the security of their produce, raw or processed;
(iii) To rent or own godowns and processing yards to facilitate storage, processing and sale of goods;
(iv) To process raw material belonging to the members or purchased by the federation;
(v) To arrange for the grading and packing of agricultural produce of the members or purchased by the federation; (vi) To supply to members, through their local societies or otherwise manure, seeds and implements etc. required for their farm business; and essential domestic requirements;
(vii) To act as agent of Co-operative societies for recovery of production loans given by them to their members;
(viii) To arrange for transport services;
(ix) To encourage thrift, self help and co-operation among its members;
(x) To act as agent of Government for the procurement and distribution of agricultural produce and other essential commodities;
(xi) To undertake all other activities calculated to further the objects mentioned above and in the interest of members;
(xii) To promote the establishment of industries;
(xiii) To purchase raw materials, tools and appliances connected with the industries and for supply to its members;
(xiv) To arrange procurement and distribution of consumers goods to its members and through them or direct to public;
(xv) To undertake the wholesale and retail business of all types of liquor;
(xvi) To undertake the purchase/sale and leasing of tools and machinery of all kinds to Government and other agencies;
(xvii) To promote and establish tourism and hotels under tourism industry.

MEMBERSHIP :-

Membership of Himfed is open to all  the cooperative societies of the Himachal Pradesh Government of Himachal Pradesh and NCDC.

AREA OF OPERATION :-

The area of operation of the Federation is whole of India ,but its membership is restricted to Himachal Pradesh only.

SHARE CAPITAL

             The authorized share capital is Rs.15.00 Crores and paid up share capital is Rs.7.34 Crores.


BUSINESS TURNOVER

             The business turnover has increased from 840 Lacs in the year 1981-82 to Rs. 8700.86 Lacs in the year 2008-2009. The detail of business turnover of Himfed during the last  2 years is as under:

Sr. No.

Items

Unit

2007-2008

2008-2009

 

 

 

Qty. sold

Value Rs. in Lacs.

Qty. sold

Value Rs. In Lacs.

1.

Fertilizer

MT.

71514

4365.00

78259

4600.65

2.

Organic Manure

MT.

0

0.00

386.45

28.06

3

Cartons

Nos.

193735

54.63

77160

22.50

4

Trays

Nos.

773200

24.34

323100

7.34

5

Apple MIS

MT.

13382.16

836.38

23368

1577.40

6

Cement

MT.

5093

201.00

120000

207.00

7

Petrol / Diesel

Ltrs.

2211713

885.90

3535609

1053.00

8

Sceuatures

Nos.

1086

14.90

3228

60.30

9

Tree Spray Oil

Value

325329

236.78

383210

360.83

10

Type Writers

Value

-

1.55

-

0.23

11

PDS &non PDS items

Value

-

394.00

-

397.00

12

General Insurance Comm.

-

0.60

-

0.02
13 Steel/CGI Sheets Value

-

169.24

489.282

225.37
14

Other items

 Value

-

23.38

-

161.81

 

TOTAL:

 

 

7207.68

 

8700.86

Profit And Loss position

SR. NO.

YEAR

PROFIT EARNED (IN LACS)

1.

1995-96

Rs.86.33(Profit)

2.

1996-97

Rs.57.59(Profit)

3.

1997-98

Rs.67.08(Profit)

4.

1998-99

Rs.177.74(Profit)

5.

1999-2000

Rs.75.39(Profit)

6.

2000-2001

Rs.523.76(Profit)

7.

2001-2002

Rs.170.98(Profit)

8.

2002-2003

Rs.388.41(Profit)

9.

2003-2004

Rs.13.28(Profit)

10.

2004-2005

Rs.106.72(Loss)

11.

2005-2006

Rs.217.88(Loss)

12. 2006-2007 Rs.43.14(Profit)

13.

2007-2008 Rs325.47(Loss)
14. 2008-2009 Rs.237.54(Loss)


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