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The Punjab State Cooperative Supply and Marketing Federation Ltd.

Department Name

The Punjab State Cooperative Supply and Marketing Federation Ltd. (MARKFED)

Name of the HOD & Designation

Inderjit Singh, District Manager

Landline No. and Email id

01874-501155 

dm.gurdaspur@markfedpunjab.com

 

Officer Directory

     Telephone Directory 

Programs/Schemes(Both Centre & State Government)

Name of Program

Home page of website(URL)

Reports(Link with name of department)(URL)

    Markfed Punjab

                    www.markfedpunjab.com/

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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.,

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.:
Markfed procured 0.26 lac MTs of wheat during 2012-13 for Atta Daal Scheme of Punjab Govt.Markfed plays a vital role in paddy procurement in the state. During the year 2012-13, Markfed procured 29.15 lac MT of Paddy on behalf of Govt. of India against the target of 28.60 lac MT. The milling of paddy is done under the Custom milling Policy of Food Civil Supplies & Consumer Affairs, Govt. of Punjab.Markfed has been appointed as a nodal agency for procurement & distribution of DAP fertilizers through cooperatives since last three years. It holds a market share of 45% in the state of Punjab. The state always relies on Markfed for the rescue of Punjab Farmer. Markfed distributes about 8.00 Lac MT urea and 3.50 Lac MT DAP annually.To facilitate efficient crop management, Markfed has an Agro-Chemicals unit at Mohali, to formulate about 29 pesticides mostly ISI marked. This unit is ISO: 9001-2000 certified since 2004. It has tied up with leading MNC Syngenta and D.I.Dupont for providing quality agrochemical products. The unit has earned around Rs. 6.41 Crore as profits during 2012-13. Apart from this the department is providing and distributing quality BT seed and Wheat seed to farmers in Punjab.Markfed is doing the business of purchasing Cotton Pressed Bales on commission basis for Spinning Mills and has purchased 8687 Cotton Bales upto July 2013