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 Federations 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.5.95 Crores.