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Presentation of Orissa State Civil Supplies Corporation Ltd.

Presentation of Orissa State Civil Supplies Corporation Ltd. ORISSA STATE CIVIL SUPPLIES CORPORATION IN THE BACK DROP OF DECENTRALISED PROCUREMENT OF PADDY/RICE. ORISSA STATE CIVIL SUPPLIES CORPORATION IN THE BACK DROP OF DECENTRALISED PROCUREMENT OF PADDY / RICE.

richard-jefferson
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Presentation of Orissa State Civil Supplies Corporation Ltd.

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  1. Presentation of Orissa State Civil Supplies Corporation Ltd.

  2. ORISSA STATE CIVIL SUPPLIES CORPORATION IN THE BACK DROP OF DECENTRALISED PROCUREMENT OF PADDY/RICE.

  3. ORISSA STATE CIVIL SUPPLIES CORPORATION IN THE BACK DROP OF DECENTRALISED PROCUREMENT OF PADDY / RICE THE ORISSA STATE CIVIL SUPPLIES CORPORATION WAS ESTABLISHED ON 03-09-1980 & HAS NOW COMPLETED 25 YEARS OF ITS EXISTENCE.

  4. THE MAIN OBJECTIVE OF THE CORPORATIONISTO PROMOTE, IMPROVE, DEVELOP, COUNSEL, FINANCE, PRODUCTION, STORAGE,PROCUREMENT, MOVEMENT, TRANSPORT, DISTRIBUTION & SALE OF FOODGRAIN AND OTHER ESSENTIAL COMMODITIES.

  5. THE CORPORATION RUNS PUBLIC DISTRIBUTION SYSTEM(PDS) IN SCHEMES LIKE :- • TPDS RICE @ Rs. 6.30 & @ Rs. 4.75 PER KG. • BPL RICE FOR APL FAMILIES @ Rs.6.30 PER KG. IN KBK DISTRICTS. • ANTODAYA ANNA YOJANA @ Rs.3.00 PER KG. • ANNAPURNA SCHEME & • LEVY SUGAR @ Rs.13.50 PER KG.

  6. ON ANALYSIS, THE TREND OF LIFTING AND OFFTAKE OF GRAINS (RICE) PER MONTH UNDER DIFFERENT SCHEMES APART FROM ANNAPURNA COMES TO ABOUT 92,000 MT RICE.

  7. DECENTRALISED PADDY PROCUREMENT OPERATION • THE CORPORATION FOR THE FIRST TIME UNDERTOOK DECENTRALISED PROCUREMENT OF PADDY DURING THE KHARIF MARKETING SEASON 2003-04.

  8. AT THIS MAIDEN VENTURE, APPREHENSION OF LOSS LOOMED LARGE & GOVERNMENT DECIDED TO INDEMNITY THE LOSS. BUT NO LOSS INCURRED

  9. Year KMS Target of rice (in MT) Rice procured/received (in MT) Total invest. (in crores) Subsidy received from GOI (in crores) Sale proceeds received (in crores) Total receipt (5+6) (in crores Loss/ profit incurred COMPARATIVE PICTURE OF PADDY PROCUREMENT FOR THE LAST TWO YEARS AND THE CURRENT YEAR (as on 27-01-2006) IS AS FOLLOWS 1 2 3 4 5 6 7 8 2003-04 60,000 38,819 35.25 18.30 21.46 39.76 No loss 2004-05 1,00000 91,926 84.97 51.33 49.71 101.04 No loss 2005-06 2,50,000 26,819 89.70 11.18 11.31 22.49

  10. MINIMUM SUPPORT PRICE (MSP) OF PADDY

  11. SL. NO. CATEGORY FAQ PADDY (Rs. In Qtl.) URS PADDY (Rs. In Qtl.) 1 COMMON PADDY 570.00 547.00 2 GRADE –A PADDY 600.00 576.00 GOVERNMENT OF INDIA HAS FIXED THE MINIMUM SUPPORT PRICE OF FAQ PADDY AND URS PADDY FOR OUR STATE IN THE FOLLOWING MANNER FOR THE KHARIF MARKETING SEASON 2005-06

  12. SL. NO CATEGORY PAR BOILED (Rs. In Qtl.) RAW (Rs. In Qtl.) 1 COMMON PADDY 1065.74 1074.26 2 GRADE-A PADDY 1114.32 1124.00 CUSTOM MILLED RICE UNDER FAQ SPECIFICATION

  13. SL. NO. CATEGORY PAR BOILED (Rs. In Qtl.) RAW (Rs. In Qtl.) 1 COMMON PADDY 1057.70 1066.00 2 GRADE- A PADDY 1106.07 1115.56 CUSTOM MILLED RICE UNDER RELAXED SPECIFICATION

  14. SL. NO. CATEGORY PAR BOILED (Rs. In Qtl.) RAW (Rs. In Qtl.) 1 COMMON PADDY 1142.63 1151.45 2 GRADE-A PADDY 1192.91 1202.92 ECONOMIC COST OF CUSTOM MILLED RICE UNDER FAQ SPECIFICATION

  15. SL. NO. CATEGORY PAR BOILED (Rs. In Qtl.) RAW (Rs. In Qtl.) 1 COMMON PADDY 1134.31 1142.89 2 GRADE-A PADDY 1184.37 1194.19 ECONOMIC COST OF CUSTOM MILLED RICE UNDER RELAXED SPECIFICATION

  16. TILL 27-01-2006, THE CORPORATION HAS PROCURED 1.00 LAKH MT RICE.

  17. CUSTOM MILLED RICE 26818.529 MT RECEIVED SO FAR & 14330.208 MT RICE DISTRIBUTED THROUGH PDS..

  18. REQUIREMENT OF FUNDS

  19. REQUIREMENT OF FUNDS FOR PROCUREMENT OF BALANCE 1.00 LAKH MT RICE Rs. In crores A. Cost of 1,51,515 MT paddy @ Rs.5470/- per MT 82.87 B. VAT @ 4% of cost 3.31 C. Custom Millers bill payment for KMS 2004-05 1.00

  20. II. REQUIREMENT OF FUNDS FOR PDS Rs. In crores COST OF 80,000MT RICE TO BE PURCHASED FROM FCI BPL-33985 MT @ Rs.5650/- - Rs.19.20 crores + AAY-46015 MT @ Rs.3000/- -Rs.13.80 crores 33.00

  21. III. PROBABLE EXPENDITURE DURING FEB.,2006 & MARCH, 2006 Rs. In crores 2.50 Establishment cost(Salary etc.) Total (I + II + III) =Rs. 122.68 crores or say Rs. 123.00 crores

  22. RESOURCES AVAILABLE NOW ( TO BE AVAILABLE DURING FEB., 2006 & MARCH, 2006) Rs. In crores I. Sale proceeds of 1,50,000 MT rice 62.62 II. Differential cost of sugar from FCI 6.70 III. Subsidy expected to be received from GOI on Milled rice 56.93 IV. Subsidy receivable from State Govt. of TPDS Rice 15.52 V. Funds in hand 5.00

  23. RESOURCES AVAILABLE NOW ( TO BE AVAILABLE DURING FEB., 2006 & MARCH, 2006) Total estimated receipts during Feb. & March ’06 146.77 or say 147.00 (Rs. in Crores)

  24. COST OF ACQUISITION &DISTRIBUTION OF ONE QUINTAL COMMON PARBOILED RICE is Rs. 1134.31

  25. ADVANCE SUBSIDY FROM GOI@ Rs 569.31 PER Qtl.i.e. THE ECONCOMIC COST (Rs.1134.31)minusCENTRAL ISSUE PRICE (Rs.565.00)ON QUARTERLY BASIS BASING ON PREVIOUS QUARTERLY DISTRIBUTION

  26. THUS, THE CORPORATION CAN AVAIL Rs.30.00 CRORES FROM THE WAGE AND MEANS HEAD OF THE GOVERNMENT & SAFELY REPAY THE SAME BY THE END OF APRIL 2006.

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