DEPT:OF CO-OPERATIVE MANAGEMENT AND RURAL STUDIES, FACULTY OF COMMERCE .

GROUP MEMBERS
 ASHISH KAMARIA
 BOBIN BABU
 CHIRAYUSH DUTIA
 DHRUMI PATEL
 KESHA SONI
 KESHA BHATT
 MITESH PANCHAL
 POOJA GAVLI
 RINO K MATHEW
 SAGAR GAZMAIR
 SAGAR JANI
 SILPA SIVAN
 TUSHAR
 CONTENTS
 INTRODUTION
 HISTORY
 ABOUT IFFCO
 VISION & MISSION
 OBJECTIVES
 APPROACH & COMMITMENT
 IFFCO VALUES
 GLOBAL PRESENCE & PLANTS IN INDIA
 PRODUCTS,AWARDS & MILESTONE
 GOVERNANCE
 FEES & TERMINATION , HIERARCHY
 FUCNCTION & POWERS
 ECONOMIC ACTIVITY
 AUDIT
 E-PROCUREMENT
 COMMUNICATION & TECHNOLOGY
 IFFCO DIVERSIFICATION
 CSR
 CONCLUSION
 REFERENCE
 INTRODUCTION
 Indian farmers fertilizers co-operative limited
(IFFCO) was registered on November 3, 1967 as a
multi unit co-operative society .On the enactment of
the multi state co-operative societies act 1984 & 2002,
the society is deemed to be registered as a multistate
co-operative society. The society is primarily engaged
in production and distribution of fertilizers . The
byelaws of the society provide a broad frame work
for the activities of IFFCO as a co-operative society.
The number of co-operative society associated with
IFFCO have risen from 57 in 1967 to 39,824 at present
HISTORY
 During mid - sixties the co-operative sector in India
was responsible for distribution for 70% of fertilizers
consumed in the country. The sector had adequate
infrastructure to distribute fertilizers but had no
production facilities of its own and hence depend on
public/private sector for supplies. To overcome this
lacuna and to bridge the demand supply gap in the
country. A new co-operative society was conceived to
specially cater to the requirement of farmers. It was
an unique venture in which the farmers of the
country through their own co-operative society
created this new institution to safe guard their
interest.
VISION

 To augment the incremental incomes of

farmers by helping them to increase their
crop productivity through balanced use of
energy efficient fertilizers, maintain the
environmental health and to make
cooperative societies economically &
democratically strong for professionalized
services to the farming community to ensure
an empowered rural India.
MISSION
 IFFCO's mission is "to enable Indian
farmers to prosper through timely
supply of reliable, high quality
agricultural inputs and services in an
environmentally sustainable manner and
to undertake other activities to improve
their welfare”
OBJECTIVES
 To serve the cause of IFFCO’s mission as stated in the mission
document
 Extend IT enabled services to farmers and cooperatives to promote IT
penetration and improve IT comfort levels in rural India.
 To evolve appropriate dissemination strategies for effective use of IT
Enabled Services in Rural India.
 To extend e-services to cooperative members of IFFCO and in a phased
manner.
 Provide latest and reliable information and extend other services to all
those actively involved in the development of Indian agriculture and
rural development.
 Provide necessary information / services for suppliers to IFFCO and
achieve e-procurement in a phased manner.
IFFCO APPROACH & COMMITMENT
 To achieve our mission, IFFCO as a cooperative society,
undertakes several activities covering a broad spectrum
of areas to promote welfare of members cooperative and
farmers. The activities envisaged to be covered are
exhaustively defined in IFFCO’S bye – laws
 Our thirst for ever improving the service to farmers and
members cooperatives is instable, commitment to quality
is insurmountable and harnessing of mother earths
bounty to drive hunger away from India in an
ecologically sustainable manner is the prime mission. All
that IFFCO cherishes in exchange is an everlasting smile
on the face of Indian farmer who form the moving spirit
behind this mission.
IFFCO VALUES
IFFCO PLANTS IN INDIA

AOLNA(UP) KALOL(GU) KANDLA(GU)

PHULPUR(UP) PARADEEP(OD)
IFFCO GLOBAL PRESENCE
IFFCO PRODUCTS

UREA DAP NPK

AMONIA WSF BIO

MEMBERSHIP
 No individual membership , Membership is open to
the following:-

 National, State, district, regional and primary level

Cooperative Federation of agricultural credit /
marketing / processing / supply etc.

 National Cooperative Development Corporation

 Public Financing institutions to the extent required/

requested by the board/ general body of IFFCO
FEES & TERMINATION
Fee:-
 For village level society:- Rs 25/-
 for others:- Rs 100/-

Termination:-
 No member is permitted to withdraw any of the shares
held by it in IFFCO or to resign its membership of IFFCO
within five years from the date of which it was admitted
as a member.
 Letter of resignation to be addressed to MD of IFFCO.
 Decision of board communicated within a period of four
months.
HIERARCHY & FLOW OF
INFORMATION
FUNCTIONS & POWERS
Managing Committee:-
 Admission of members.
 Authorize convening of meetings of the General Body.
 Recommend annual and supplementary budgets for approval by
general body.
 Appoint, suspend and remove the Managing Director and
Functional Directors and approve their terms and conditions of
service.
 Raise funds for the business of IFFCO.
 Authorize persons to sign bills, notes and receipts on behalf of
IFFCO.
 Appoint trustees, attorneys and agents for the business of IFFCO.
FUNCTIONS & POWERS
Executive Committee:
EC is responsible for efficient management of societies. Its
powers and functions are as follows:-
 To examine and recommend to the board, the estimates of the
budget.
 To approve all investments proposals of capital nature up to
limit of 1.5 crore.
 To authorize execution of documents for and on behalf of
society.
 To grant loans to members where amount and repayment terms
are not covered under the service rules of the society.
 Refer claims and demands by and against IFFCO for
arbitration.
FUNCTIONS & POWERS
Marketing Sub Committee:
This committee is responsible for efficient management of
marketing operations of the society. Its power and
functions are as follows:
 To formulate and recommend to the board for approval of
overall marketing policy for sale of fertilizers and
agricultural inputs.
 To lay down distribution strategy including the channel
and outlets.
 To recommend to BOD for approval of matters relating to
pricing policy of fertilizers and allied products.
 To lay down guidelines for distribution
GENERAL BODY
General Body of IFFCO comprises of:-

 Members of Board of Directors.

 One direct delegate who has contributed more than 10 lakhs
to the share capital of IFFCO.
 The number of such direct delegates(including delegates)
should not exceed 800.
 Delegates not exceeding 200 are to be elected amongst the
representatives of member societies having shares of less
than 1 lakh in each state /UT.
 This is done at the rate of one delegate for every 200 member
societies.
ECONOMIC ACTIVITY

corefunction
Business plan

Structure of finance

Distribution of profit
CORE FUNCTION
 Balanced Fertilizer Programme
 Soil Testing Labs (Mobile/Static)
 Socio-Economic Development of Village
 Human Health Check ups & medicine
distribution
 Veterinary services
 Drinking water supply & Watershed Mgmt
 Assistance to School/School children
BUSINESS PLAN
 5 marketing territories
 Distribution mainly through coop. System
 Wholesaler- State level Apex Coop Market Federation
 Supplies to some Agro-industries also
 158 IFFCO farmers Service Channel
 Transportation by rail (88%)
 Warehousing at godowns of CWC,SWC and Federation
godowns
BUSINESS PLAN

Marketing
Central Office

North Central North Zone South Zone East Zone

West Zone (BPL)
zone (LKW) (CHNDGH) (Bangalore) (Kolkata)

U.P, BR, AP,TN, KAR, GUJ, M.P, MAH,

PNB, HAR, RAJ, Assam, Odisha,
JHKHND, Kerala CHTSGRH
H.P. J&K W.B
UTKHND
STRUCTURE OF FINANCE

 Sources of fund:
admission fee, share capital , loans and deposits
within India and abroad , debentures , bonds
and commercial paper , grants-in-aid and
donations
No of Face value Allocated to
shares
90,0000 1lakh NCDC ,Public financing
institution, national/
state/regional federation
50,000 10000 District and primary
marketing/processing/supply
cooperative society
5lakhs 1000 Primary societies of village level
 Every member subscribes to at least one
share
 Basic minimum level of utilization has to
achieved to have the rights
 IFFCO can receive loan from members and
others up to 10 times of its paid up share
capital plus accumulated reserves minus
losses
 Values of shares is paid in one lump sum or
installment as per by the law.
DISTRIBUTION OF PROFIT
 Reserve Funds -25%
 Cooperative Education fund -3 - 5%
 Rest is distributed as
• dividend (<=20%) to share holders

• rebate on purchase by members and

• Building, education, Charity etc

 10% is for unforeseen loss

 Payment of Ex-gratia to employees a/c to schemes of
the board
 AUDIT
 Both internal and external audit
 Board of directors constitute an audit
committee
 To oversee the society’s financial
reporting process , financial statement etc
 Review the findings of internal auditors
and follow up on any irregularities
E- PROCUREMENT
INFORMATION AND COMM. TECH
 Wide Area Network up to all Area Level Offices with
Corporate Office at Delhi.
 All offices of IFFCO are connected with VPN
 Video Conferencing Facility at maximum Offices.
 Implemented Successfully the e-procurement system.
 Application of Integrated Corporate Enterprise in HR,
Finance, Marketing, Transportation & production
 Multilingual Agri. Information portal and Touch screen
based Kiosks.
IFFCO CSR can be broadly classified into 4 initatives
CONCLUSION
INDIAN FARMERS FERTILIZER COOPERATIVE
LIMTED is the one of the biggest and the most
popular company in India. IFFCO provide both
quantities & qualities products at good price for
farmers. IFFCO, today is a leading player in India’s
fertilizer industry and is making substantial
contribution to the efforts of Indian Govt to
increase food grain production in the country
REFERENCE

 WWW.Iffco.in
 WIKIPEDIA

 INDIAN COOPERATIVES NEWSPORTAL

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