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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. 6676.1 Lacs in the year 2004-2005. The detail of business turnover of Himfed during the last  2 years is as under:

Sr. No.

Items

Unit

2003-04

2004-2005

 

 

 

Qty. sold

Value Rs. in Lacs.

Qty. sold

Value Rs. In Lacs.

1.

Fertilizer

MT.

74574

4477.68

65602

4110.80

2.

Organic Manure

MT.

1056

    49.58

1424

67.87

3

Cartons

Nos.

2851815

  764.75

573910

132.12

4

Trays

Nos.

954800

    33.19

1093600

21.24

5

Liquor

C/S

149784

  151.99

80513

131.43

6

Apple MIS

MT.

15597

  826.65

21782

1252.44

7

Cement

MT.

-

   71.57

2029

59.66

8

Petrol / Diesel

Ltrs.

1366686

 406.52

1262144

434.34

9

Sceuatures

Nos.

-

   77.74

8481

96.83

10

Tree Spray Oil

Ltrs.

-

   54.30

231928

121.28

11

Type Writers

Nos.

-

     6.85

-

8.17

12

PDS &non PDS items

Qtls.

-

 158.05

21410

218.15

13

Other items

 

-

 21.88

-

21.77

 

TOTAL:

 

 

7100.75

 

6676.1

Profit And Loss position

SR. NO.

YEAR

PROFIT EARNED (IN LACS)

1.

1992-93

Rs.51.32(Profit)

2.

1993-94

Rs.72.75(Profit)

3.

1994-95

Rs.50.92(Profit)

4.

1995-96

Rs.86.33(Profit)

5.

1996-97

Rs.57.59(Profit)

6.

1997-98

Rs.67.08(Profit)

7.

1998-99

Rs.177.74(Profit)

8.

1999-2000

Rs.75.39(Profit)

9.

2000-2001

Rs.523.76(Profit)

10.

2001-2002

Rs. 170.98(Profit)

11.

2002-2003

Rs. 388.41(Profit)

12.

2003-2004

Rs. 13.28(Profit)

13.

2004-2005

Rs.106.72(Loss)

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