The Punjab State Cooperative Supply and Marketing Federation Ltd.
Department Name |
The Punjab State Cooperative Supply and Marketing Federation Ltd. (MARKFED) |
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Name of the HOD & Designation |
Sh. Maninder Pal Singh District Manager |
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Landline No. and Email id |
01874-501155 dm.gurdaspur@markfedpunjab.com
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Officer Directory |
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Programs/Schemes(Both Centre & State Government) |
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Key Achievement |
The Punjab State Co-op Supply & Marketing Federation Ltd. known as “Markfed” was registered in 1954. At the time of registration, it began with one bicycle, three employees, thirteen members and a capital of Rs.54,000/-, it has now achieved meteoritic volumes and has grown to become the largest marketing co-operative in Asia with an annual turnover of over Rs.11600 Crores during 2013-2014 with 1932 employees. Markfed operates through 17 District offices over 100 Branch offices in Mandi Towns and 9 processing and trading units. Markfed contributes to research & development through the Punjab Agricultural University, Ludhiana (Punjab).Markfed has carved a distinct identity for itself by setting up a number of export-oriented units to process agricultural produce. Markfed helps farmers by procuring their produce and organizing exports. A vast range of products from Markfed have found markets in the Middle East, UK, USA, Canada,Australia, Newzealand etc.About 2.5 million cans of Ready to eat delicacies containing farm fresh Sarson Ka Saag, Chatpta Chana, Rich Creamy Dal Makhni and other delicious Punjabi delicacies & other Indian vegetable curries are exported around the world.Markfed’s net worth as on 31.03.12 is Rs.70 Crore and the number of members has expanded to 3051 . Markfed has emerged as a very solid and stable organisation committed to the service of the farmer community of the State of Punjab.Markfed has been awarded National Productivity Awards in various fields like co-operative marketing activities, food processing, cattlefeed production etc., |
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Key functions of the department |
Markfed, being a State Government procuring agency is engaged in Procurement of agricultural produce . It procures wheat, paddy, Cotton, oil-seeds like mustard, sunflower on behalf of Govt. of India through FCI / NAFED as part of Minimum Support Price (MSP) policy / Price Support Scheme. The food-grains business comprises more than 85% of the business turn-over of the Markfed.During the year 2013-14, Markfed has procured 24.18 lac MT of wheat upto July 2013 on behalf of Govt. of India. Supply of wheat under Atta and Daal Scheme of Punjab Govt.: |