VIJAYAPURA: The Krishna District Cooperative Marketing Society has urged the State government to procure needed provisions for various government hostels from the cooperative marketing societies and also bleach and lime needed for panchayats from the societies, so the DCMS can sustain financially.
A resolution to this effect was passed in a general body meeting of the society here on Monday. Presiding over the meeting, Krishna DCMS chairman Kanchi Rama Rao explained that as per the audit in 2013-14, the DCMS had done a business of `19.93 crore and earned a net profit of `3.90 lakh.
“In the current fiscal, till February the society did a business of `1.27 crore on provisions, `1.82 crore on oils, `48.92 lakh on stationery, `16.34 crore on fertilizers and `1.01 lakh on bleach. Paddy worth `42 crore was procured. For fiscal till February the total business done by the society was valued at `70 crore,” he said.
Financial stabilisation of DCMS by effectively utilising the 21 warehouses given to them by the agriculture marketing committee, need for own buildings for the society, lack of response from the government on the plea for `5 crore funds through NCDC and proposal for seeking `5 crore margin money from NCDC by mortgaging its property (4,330 sq yards) in Chemmnigiripet of Machilipatnam were also discussed in the meeting.
“The foremost grievance of the members of the DCMS was lack of proper recognition and protocol. The issue was discussed at length and it will be taken up with the government. Though we have been working for the welfare of the farmers and had been on profit path for some years, we do not have our own buildings,” Rama Rao told Express.
The meeting also welcomed the budgetary allocation of `60 crore for agriculture marketing department.