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BUSINESS HIGHLIGHTS

 
  • Recorded gross profit of Rs.252.14 Crore during 2017-18, which is the highest ever since the inception of  NAFED. Turnover was to the tune of Rs.3212.68 Crore. There is a net profit of Rs.226.81 Crore during the year.
  • Continued to be the one of the Central Nodal Agencies of the Government of India for procurement of notified Oilseeds, Pulses & Cotton under Price Support Scheme and the nodal agency for procurement of Copra and De-Husked Coconut under PSS.
  • Quantity of 2783178.79 MT of Oilseeds and Pulses valuing Rs. 13595.99 Crore procured under Price Support Scheme (PSS).
  • On the direction of India, NAFED created buffer stock of  Pulses & Onion, procured a quantity of 345802.505 MT of Pulses valuing Rs. 1614.06 Crore and 5136.742 MT of Onion valuing Rs. 13.85 Crore under the Price Stabilization Fund Scheme for creation of the buffer stock.
  • The share capital increased from Rs.24.28 Crore to Rs.24.67 Crore as on 31.3.2018.
  • Membership of the Federation stood at 858 as on 31.3.2018.
  • The federation continued to enjoy the status of Export House as per Certificate of recognition issued by the Ministry of Commerce, Government of India.
  • Seed business to the tune of Rs.42.49 Crore undertaken during the year through empanelled seed producers under centrally sponsored scheme NMOOP & NFSM for distribution to Government Departments/ Institutions during 2017-18.
  • Groceries & other Consumer items valued around Rs.144.38 Crore marketed during the year directly to the Consumers and also catered to the Institutional Supplies which include various Fruits & Vegetables valuing Rs.8.41 Crore under outright account in domestic trade.
  • Handled Eggs & Poultry feed valued at Rs.2.31 Crore during the year to assist Poultry farmers.

 

 

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