7. DMI- Market information

7. DMI- Market information
    1. The Tamil Nadu Cooperative Marketing Federation Ltd., popularly known as "TANFED" commenced its business on 20.2.1959.
    2. The area of operation is whole of Tamil Nadu except composite Thanjavur and Nilgiris Districts.
    3. From the inception (i.e.1959) till June 1976, there was elected board of Management. Subsequently, from November 1998 to 25.6.2001 TANFED functioned under the elected Board of Management. Now TANFED is functioning under the control of Special Officer.
    A. Membership
    The Members are:-
    • a. Primary Cooperative Marketing Societies working at taluk levels (except those PCMS in the districts of Thanjavur, Thiruvarur and Nagapattinam Districts which come under the purview of Thanjavur Cooperative Marketing Federation Limited, Thiruvarur and (ii) Nilgiris District).
    • b. Thanjavur Cooperative Marketing Federation Limited, Tiruvarur.
    • c. Tamil Nadu Warehousing Corporation,
    • d. Government of Tamil Nadu.
    B. Authorised and paid up share capital
    • The authorised share capital is Rs.5 crores which is made up of one lakh shares at rupees five hundred each. The admission fee is Rs.50/-.
    • Details of share capital as on 31.3.2008 are furnished below:-
    (Rs. in lakhs)

    S.No.
    (1)     		Name of the Member
    (2)     		No.of shares
    (3)         		Share Capital
    (4)
    1 Co-operative Marketing Societies 109 79.94
    2 Thanjavur Co-operative Marketing Federation 1 0.10
    3 Tamil Nadu Warehousing Corporation 1 0.10
    4 Government of Tamil Nadu 1 118.17
        112 198.31

    A) Distribution of Fertilisers
    1. The crop loan issued by Cooperative banks consists of cash portion and kind portion. The kind portion includes Fertilisers, Pesticides, Seeds and Agricultural Implements which are being supplied by Tamil Nadu Cooperative Marketing Federation through Primary Agricultural Cooperative Banks.
    2. TANFED purchase Chemical Fertilisers from the leading manufacturers like M/s.IFFCO, IPL, Coromandal, KRIBHCO, FACT, RCF, GNFC, SPIC, etc. and distributing through Primary Agricultural Cooperative Banks.
    3. Details of Chemical Fertilisers distributed during the last 5 years are as follows :


    Year
    (1)         		Quantity (Mts)
    (2)         		Value
    (Rs. in crores)
    (3)
    2003 - 2004 78,597 48.78
    2004 - 2005 1,46,765 90.10
    2005 - 2006 1,68,310 105.80
    2006 – 2007 2,18,077 141.07
    2007 – 2008 2,93,849 207.14
    2008 – 2009 8,83,144 606.64
    2009 – 2010 8,21,120 569.03
    2010-2011
    (Upto31.8.2010)         		2,94,190 217.83

    1. TANFED has since started cash sale of fertilisers. The farmers get fertilisers at lesser price than the market price under this scheme.
    B) MANUFACTURE OF FERTILISERS
    1. TANFED is undertaking manufacture of its own granulated mixtures of Pamani 17:17:17 fertilisers with right mix up of NPK with special ingredient, ie., neem cake.
    2. This product is very popular among the farmers in Tamil Nadu.
    3. This Plant was commissioned in April 1971 with the cost of Rs.110/- lakhs with an annual production capacity of 30,000 Tonnes. It is situated at Pamani Village, Mannargudi, Tiruvarur District.
    4. Details of production and sale of Pamani NPK 17:17:17 for the last 5 years are given below
    Year (1) Production
    (2)     		Sales
    (3)
    Qty.in MTs. Value
    (Rs.in Lakhs)     		Qty.in MTs. Value
    (Rs.in Lakhs)
    2003 – 2004 1023 166.10 3421 278.71
    2004 – 2005 5391 402.45 6279 513.82
    2005 – 2006 16188 1138.47 15186 1244.48
    2006 – 2007 18650 1303.95 18099 1492.32
    2007 – 2008 18711 1338.98 20322 1649.41
    2008 – 2009 11895 882.85 12039 1004.65
    2009 – 2010 14,813 1099.42 14,248 1189.00
    2010-2011
    (Upto 31.8.2010)     		4325 357.61 4213 374.96

    1. Pamani Fertilisers are sold through PACBs. In addition, Tamil Nadu Government has permitted TANFED to appoint private dealers, to sell the Pamani 17:17:17 from Dec.2005 onwards. TANFED has proposed to increase its production from 2 shifts to 3 shifts at the Pamani Fertiliser Plant.
    C) TANFED FERTILISER MIXTURES
    1. At present fertilizer mixtures are produced in Trichy, Madurai and Vellore. Details of production and sale of Mixtures for the last 5 years are as follows:
    Year Production
    (2)     		Sales
    (3)
    Qty.in MTs. Value
    (Rs.in Lakhs)     		Qty.in MTs. Value
    (Rs.in Lakhs)
    2003 - 2004 1062 35.71 1021 40.20
    2004 - 2005 1933 62.08 1987 78.75
    2005 – 2006 5545 188.59 5474 228.30
    2006 – 2007 8839 304.69 8810 375.20
    2007 – 2008 11157 385.57 10961 476.73
    2008 – 2009 21537 835.42 20856 894.31
    2009 – 2010 20,689 802.53 19,838 850.65
    2010-2011
    (Upto 31.8.2010)     		6641
    		307.41 6760 358.28

    D) DISTRIBUTION OF PESTICIDES, SEEDS & AGRICULTURAL IMPLEMENTS
    1. TANFED draw Pesticides, Seeds and Agricultural Implements from leading manufacturers and distribute through the Primary Cooperatives in the districts.
    2. The details of the value of these inputs distributed during past few years are as follows:-
    (Value : Rs.in Lakhs)
    Year
    (1)     		Pesticides
    (2)     		Seeds
    (3)     		Implements
    (4)     		Total
    (5)
    2003-2004 10.75 7.23 0.32 18.30
    2004-2005 23.44 3.70 3.04 30.18
    2005-2006 107.88 28.16 6.02 142.06
    2006–2007 77.87 23.86 4.87 106.60
    2007 – 2008 140.80 34.74 11.77 187.31
    2008 – 2009 117.53 33.72 20.67 171.92
    2009 – 2010 213.00 189.00 39.00 441.00
    2010 - 2011
    (Up to 31.8.2010)
    		104.56 265.27 32.42 402.25


    1. TANFED owns a seed processing plant at Mannargudi which was commissioned during 1980 with a cost of Rs.3/- lakhs where quality paddy seeds are processed and distributed to the farmers to the extent of 300 MTs annually.
    E) AGRICULTURAL MARKETING
    1. Being a marketing Federation, TANFED does the work of procurement of Agricultural commodities such as cotton, chillies, coriander, pulses, oil seeds, pepper, turmeric, etc.
    2. Procurement operation is undertaken through the Cooperative Marketing Societies and the Regulated Markets to fetch remunerative price for the farmers.
    3. This activity is being done under joint venture basis, tie-up arrangements with National Agricultural Cooperative Marketing Federation (NAFED) etc.
    4. Year-wise performance made in the activity of Agricultural Marketing are as follows:-

    Year Qty in Tonnes Value
    (Rs. in lakhs)
    (1) (2) (3)
    2003 – 2004 2287 645.27
    2004 – 2005 1852 328.92
    2005 – 2006 1334 272.26
    2006 – 2007 1161 218.86
    2007 – 2008
    Copra     		1072
    5676     		209.98
    2054.93
    2008 – 2009 2486 443.96
    2009 – 2010
    		2625 553.45
    Copra 27045 12035.00
    2010 - 2011
    (Up to 31.8.2010)
    		566 254.75
    Copra 7429 3306.00

    1. TANFED sell crackers at very reasonable price to the general public. In 2006 the total sales was Rs.19.77 lakhs whereas in 2007 the total sales was Rs.99.29 lakhs. TANFED also act as Nodel Agency for distributing crackers to the rural area through PACBs in the State during the last 3 years.
    F) COLD STORAGES
    1. TANFED has established two Cold Storage units at Chennai for the purpose of storing vegetables, fruits and perishables of the traders and General Public. The storage space is allotted on monthly rental basis.
    2. % of Utilisation Rent earned
    Cold Storage I 77% 10.83 lakhs
    Cold Storage II 35% 19.03 lakhs
    (upto 31.8.2010)
    (1) BASIN BRIDGE
    1. The first Cold Storage Godown of TANFED was established in the year 1973 at Basin Bridge , Chennai.
    2. The installed capacity of this godown is 1350 tonnes. Total cost of this project is Rs.9.55 lakhs and the details of funding are as follows :-
    1. NCDC Loan - 2.94 lakhs
    2. Govt.Share Capital assistance - 4.90 lakhs
    3. TANFED Share - 1.71 lakhs
    ---------
    Total - 9.55 lakhs
    ---------
    (2) KOYAMBEDU
    1. TANFED installed its second Cold Storage with 2500 MTS capacity at Koyambedu Vegetable Market Complex availing loan facility from NCDC, Share Capital assistance from the State Govt. and subsidy from Ministry of Food Processing.
    2. The total cost and pattern of financial assistance received are as follows.
    1. NCDC Loan - 44.00 lakhs
    2. Govt. Share Capital assistance - 55.00 lakhs
    3. TANFED Share - 47.75 lakhs
    4. Subsidy from Ministry of Food
    Processing Industries. - 52.00 lakhs
    ---------------
    Total - 198.75 lakhs
    ---------------
    G) STORAGE GODOWNS
    1. For the purpose of storing agricultural inputs as well as agricultural commodities, TANFED constructed 39 godowns with the financial assistance from NCDC at various places with a combined storage capacity of 28,140 MTs. In addition to the own godowns TANFED hired 9 godowns with the capacity of 3,450 MTs. in needy areas with a view to minimise the transport carrying cost of agricultural inputs.
    H) KEROSENE DISTRIBUTION
    1. TANFED installed one kerosene bunk at Kodambakkam with a storage capacity of 15 Kilo Litres in the year 1969 and continue its function as wholesaler till date.
    2. In addition to the wholesale distribution, in order to cater to the needs of the ration card holders, four retail kerosene bunks are functioning in Kodambakkam (Chennai), Mannargudi, Madurai and Coimbatore under Public Distribution Scheme.
    3. Around 50,000 litres of kerosene is supplied to the card holders every month in each of these retail outlets.
    4. The allocation of kerosene for both wholesale and retail distribution is made by the Civil Supplies Department and is drawn from the Indian Oil Corporation Limited.
    5. The details of distribution of Kerosene as wholesaler and retailer during the past years are as follows:
    Year Qty.(Kilo Litres) Value
    (Rs.in Lakhs)
    2003 - 2004 2517 267.99
    2004 - 2005 2426 233.20
    2005 – 2006 3428 288.00
    2006 – 2007 3428 272.94
    2007 – 2008 3019 250.37
    2008 – 2009 2876 242.33
    2009 – 2010
    		2703 228.85
    2010 - 2011
    (Up to 31.8.2010)     		999 91.35

    Functions and Objectives
    1. To identify the agricultural input requirements of the farmers and arrange for storage and distribution of Fertilisers, Seeds, Pesticides and Agricultural Implements through Co-operative outlets.
    2. To provide market support to the affiliated member Co-operative Marketing Societies in procuring, storing and marketing of agricultural
    3. commodities.
    4. To provide storage facilities of specialized nature of perishable agricultural commodities and agro-based products by maintaining cold storage plants.
    5. To undertake manufacture of agricultural inputs such as granulated fertilisers, manure mixture and quality seeds.
    6. To undertake the distribution of kerosene.
    Finance and Accounts
    Sources of Funds
    1. TANFED has raised its funds from
    • a. Share Capital paid by members
    • b. Reserves & Surplus from out of profit
    • c. Borrowings in the form of short term loans, long term loan from State / Central Government, NCDC and cash credit from financing bank, i.e., Tamilnadu State Apex Cooperative Bank.
    Accounts
    1. As in the case of Public Limited Companies, TANFED also maintains its accounts under 'Double Entry System of Book Keeping'.
    2. But instead of preparing Trial Balance, TANFED is preparing Receipts and Charges statement as directed in the Tamil Nadu Cooperative Societies Act from the Receipts and Charges statement, the final accounts are prepared.
    3. Every year Budgets are prepared and approved by the Board. The Annual accounts are prepared as per the Act.
    Computerisation
    1. The entire accounting system was computerized for which a separate Computer wing is working with six terminals under LAN system with one Pentium II server.
    2. The computer environment commenced from 1.4.1998 at the cost of Rs. 10/- lakhs.
    3. It is working under Foxpro software package.
    4. In addition to the above systems, six latest Pentium IV are installed for general purpose.
    • Plan to switch over the present software to latest software is under progress.
    Audit
    • The Audit Wing consists of Internal Audit and Statutory Audit.
    • The Internal Audit constituted with the own staff of TANFED.
    • The Statutory audit of the TANFED is being done by the Audit Officers of Director of Co-operative Audit which is working under the Finance Department of the State Government.
    • There are one Assistant Director, 5 Co-operative Audit Officer and 1 Co-operative Auditor working in TANFED on concurrent basis.
    • The Audit Certificate up to 2006 – 2007 had been received. The audit for 2007 – 2008 has been completed.
    NAFED
    • National level farmers cooperating marketing organization provides remunerative prizes to the farmers for their produce & ensures promotes co operative market for agricultural produce & ensures timely payment stabilizes prizes for essential commodity bridges the prize gap between producers & consumers

Last modified: Monday, 25 June 2012, 9:59 AM