Annual Report 2010-11

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Annual Report 2010-11 GVT officials seen alongwith villagers in Krishi Vikas Pariyojna in tribal distt. Jhabua, M.P. 17. INFORMATION TECHNOLOGY The Society's business processes and operations rely on vast amount of information repository spread across its various functional units. The Information Technology and Communication facilities such as Local and Wide Area Networks, INTRANET based information exchanges; electronic mail, internet access, web site etc. have been continuously maintained and the security concerns are addressed from time to time. New applications for intra organizational information exchange have been developed to reduce paper work. 18.CORPORATE SOCIAL RESPONSIBILITY As a CSR initiative, the Society through GVT, has taken up a project on Mangroves plantation on 100 hectares at village Kantiyajal (Distt.Bharuch) by signing a MoU with Gujarat Ecology Commission (GEC). The restoration project involves coastal communities for the development and management of mangroves, to give them livelihood and employment opportunities. Society has taken CSR initiatives to improve the livelihood of the rural marginalized communities for their betterment in the rainfed areas through GVT. Your society is also contributing in improving socio-economic conditions by enhancing seed replacement ratio at farmers' field through hybrid seeds, Bt. cotton and encouraging use of eco-friendly products like Bio-fertilisers and Compost. 19. COMMUNITY DEVELOPMENT Your society is playing a significant role in community development and committed for improving the quality of life of the farmers, better Health, Education, Infrastructure support, Safe drinking water, Income generation, Environment protection, Family welfare, Institution building etc. The Society has taken initiative for upliftment of rural community through construction of storage-cumcommunity centres since 1977 under Golden Jubilee celebrations of India's Independence. So far, 136 such centres have been constructed throughout the country. These centres are meeting the dual needs of timely stocking of agro-inputs / farm produce and social gathering in rural areas. These centres have proved helpful in reducing expenses of rural people on account of tents etc. during social functions and on storage during crop seasons. Farmers training, health 28
Shri N. Sambasiva Rao, Marketing Director KRIBHCO alongwith Chinese delegates visited KRIBHCO stall at KIPO Trade Centre, Bangaluru. check-ups for human beings and livestock, rural sports and meetings etc. are also conducted occasionally in these centres. The Society has immensely benefited on account of long term publicity for its products through these centres in the heart of our market areas. Besides above, some of the community development activities carried out in the surrounding villages of Hazira Plant during the year include Drinking water facilities extended to Kavas Group Gram Panchayat, Distribution of Text books, study materials and uniform to school students, provision of computers, printers, LCD projector, sports items, benches and fans to schools, provision of ambulance van, construction of water tank, financial aid to Viklang Kalyan Society Surat, organising blood donation camps, created an Institution called "Ashirwad" for senior citizens and carried out fogging operation for malaria control. 20. KRIBHCO SAHAKARITA AWARDS KRIBHCO Sahakarita Awards for the year 2009- 2010 were presented to two eminent cooperators in its 30th AGM held on May 20, 2010. KRIBHCO Sahakarita Shiromani Award was conferred on Shri Shivajirao G. Patil from Maharashtra and KRIBHCO Sahakarita Vibhushan Award on Shri Dalsangbhai J. Patel (Chaudhary) from Gujarat for their dedicated efforts for development of the Co-operative Movement. 21. PUBLICITY In order to build a corporate Image the publicity activities were reoriented. The Society focussed on making the new/potential customers aware of KRIBHCO's existing as well as new products, on creating awareness on the CSR roles performed by the Society. The efforts have not only improved the Society's visibility in the field, encouraged farmers to buy new products but also impacted the credibility of the organisation/brand consciousness among farmers and other stakeholders. Some of the activities undertaken related to provision of name boards for cooperatives selling our products, wall paintings/ tractor trolley paintings, distribution of kisan carry bags, caps, key chains, distribution of corporate brochure for potential partners/visitors, distribution of product posters for display etc. The In-house magazine - 'KRIBHCO NEWS' was re-oriented which received award from Public Relation Society of India. 29
Page 1 and 2: Annual Report 2010-11 KRISHAK BHARA
Page 3 and 4: CONTENTS Performance Highlights 2 G
Page 5 and 6: GROWTH AT A GLANCE ( ` incrore) 201
Page 7 and 8: As on March 31, 2011 BOARD OF DIREC
Page 9 and 10: EX - CHAIRMEN Shri Chandra Pal Sing
Page 11 and 12: EXECUTIVES As on March 31, 2011 COR
Page 13 and 14: DIRECTORS' REPORT Dear Cooperators,
Page 15 and 16: Shri Vaghjibhai Rugnathbhai Patel,
Page 17 and 18: 8. SCHEMES IMPLEMENTED, UNDER IMPLE
Page 19 and 20: ambient air quality within the comp
Page 21 and 22: KRIL container being handled. facil
Page 23 and 24: KRIBHCO Raja variety of Bt. Cotton
Page 25 and 26: Capt. Ajay Singh Yadav, Hon'ble Fin
Page 27 and 28: Your Society, having a dedicated te
Page 29: Shri S. Jaggia, Operations Director
Page 33 and 34: Shri Chandra Pal Singh, Vice Chairm
Page 35 and 36: Krishi Vigyan Kendra (KVK) at Godda
Page 37 and 38: BALANCE SHEET AS AT MARCH 31, 2011
Page 39 and 40: Continued... PROFIT AND LOSS ACCOUN
Page 41 and 42: CASH FLOW STATEMENT FOR THE YEAR EN
Page 43 and 44: SCHEDULE - 3 SECURED LOANS Particul
Page 45 and 46: SCHEDULE - 6 CAPITAL WORK IN PROGRE
Page 47 and 48: SCHEDULE - 9 SUNDRY DEBTORS Particu
Page 49 and 50: SCHEDULE - 14 PROVISIONS Particular
Page 51 and 52: SCHEDULE - 20 MANUFACTURING, ADMINI
Page 53 and 54: (i) Raw Materials, Packing Material
Page 55 and 56: are funded by the Society, and are
Page 57 and 58: 4. The Society has been repatriatin
Page 59 and 60: ii) Changes in the present value of
Page 61 and 62: Current Assets, Loan and Advances.
Page 63 and 64: Nature of Transaction Related Party
Page 65 and 66: As at 31.03.2011 As at 31.03.2010 3
Page 67 and 68: Shri Vaghjibhai Rugnathbhai Patel,

Annual Report 2010-11

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