Annual Report 2010-11

DIRECTORS' REPORT
Dear Cooperators,
The year 2010-2011, has been particularly good
for Indian Agriculture due to favourable weather
conditions in most parts of the country. The country is
expected to reap record food grains production of
over 241 million tonnes for the year. The year also
marked important initiative in fertilizer sector on
introduction of several pragmatic policy initiatives
especially the Nutrient Based Subsidy (NBS).
There was an overall improvement in the
availability of various fertilizer products. In near
future several other positive policy initiatives for
accelerating the growth of domestic urea industry
are also expected.
In this scenario, Your Directors have pleasure to
present Thirty first Annual Report together with
Audited Accounts of your Society for the Financial
Year 2010-2011.
The Society endeavored to accomplish its goal
with Participatory Planning and Strategic Management
for fulfilling the aspirations of all stakeholders.
Several milestones have been achieved
such as all time high sales record, increased
production, dedicated services to farming
community etc. Your Society has maintained its
unique position on marketing front by selling
42.10 Lakh MT of total fertilizers during the year
2010-2011, which is the highest ever sales of
fertilizers achieved by the Society. The product
basket has been enlarged by adding DAP, Hybrid
Seeds, Compost, and Liquid bio-fertilizers, which
has yielded positive contribution.
Shri Chandra Pal Singh, the then Chairman KRIBHCO addressing the delegates of the Society in the 30
Body Meeting. Sitting on the dias are the Board of Directors and other dignitaries.
th
Annual General
11