KARNATAKA STATE SEEDS CORPORATION LIMITED (K.S.S.C) is
a Government Company registered under Companies Act, 1956 for the purpose of
dealing with the most vital input ‘SEEDS’
for the benefit of the farmers of the State.
OBJECTIVE OF THE COMPANY:
To emerge as an industry
leader in the State, with respect to seeds activity, with a continuous
pursuance of excellence in quality and effective distribution system, with an
eye on right product, right time, right price and right place of necessity /
The Government of Karnataka,
Government of India through National Seeds Corporation Ltd. (NSC) and the Seed
Growers are eligible for investment in the Share Capital in the proportion of
IV. BOARD OF THE
The Board of the Corporation
consists of 12 Directors, 4 from each of the category, that is Government of
Karnataka, Government of India through National Seeds Corporation Ltd. (NSC)
and the Seed Growers. The position of the Chairman is now held by the Additional
Chief Secretary & Development Commissioner, Government of Karnataka.
SHARE HOLDER SEED GROWERS:
The Articles of Association
of the Company provides an opportunity for seed growers to become
shareholders. Accordingly, for the year
ending 2014-15 there are 11058 seed grower shareholders, holding 154960 number
of equity shares of Rs.100/- each. The seed growers can acquire a minimum of 10
equity shares and a maximum of 100 equity share of Rs.100/- each. Up to the year 2000-01 the Corporation has paid
an incentive of about 15 to 25% of the paid up share amount in the form of
discount coupons to the Share holder growers for promoting the sale of
Foundation and Certified seeds. From the year 2006-07 to 2008-09 discount
coupons worth 25% of the paid up share amount and 6% dividend has been issued
to the shareholders. From the year 2009-10
to 2014-15 10% dividend on the paid up
share amount is paid to the Share holders along with 25% worth of
the paid up share amount through discount coupons.
ORGANISATION OF OPERATIONS:
Today the Company is placed
in an environment of globalization, liberalized economy and competitive market
situation. The Management of the Company
is governed by Board of Directors. The
Managing Director is the Chief Executive Officer of the Company and also
represented on the Board, functioning within the policy framework set out by
the Board. At present the Managing
Director is assisted by the functional set up at the Head Office level by the General
Manager (FA&MIS), the I/c General Manager (Production), the I/c Deputy
General Manager (MPD&C) and the Company
Secretary-cum-Deputy General Manager (P&A).
Based on the Agro climatic
conditions of the State, the cropping pattern, the manageable geographical
territory and the potentiality of the locations, the Corporation has
established the operational centres. The operational centres are headed
by an Assistant General Manager (OP) or Manager (OP) or Deputy Manager (OP)
depending on potentiality of the location and work load. The Centre Head in
each of the centre is assisted by required supporting staff. The Corporation has
established 33 operational centres, with Sale Points. Depending on the
potentiality of Seed production, the Corporation has established 23 Seed
Processing Units at various places in the State.
MAIN ACTIVITIES OF THE CORPORATION:
- SEED PRODUCTION:
The Corporation organizes
the contract seed production through its shareholder growers and other
resourceful progressive growers on their land holdings. The required Breeder / Foundation seeds and
Seed Production Technical Know-how are provided by the experienced field functionaries
of the Corporation for effective quality seed production.
- SEED PROCESSING:
The Corporation will take up
the processing of raw seed produced by the Seed growers’ complied with seed
quality parameters at field level.
Under the National Seed
Project Phase-II, the Corporation has established two modern seed processing units
at Davanagere and Chickaballapur.
Under the National Seed
Project Phase - III, the Corporation has established high capacity seed
processing units at Ballari and Mysuru. This facility is further strengthened by
establishing 13 seed processing units at different locations in the State under
RKVY project. Under Karnataka Seed
Mission 2012-13 programme, the Corporation has established two modern Seed
Processing Units with high capacity processing plant at Bidar & Vijayapura.
Uptil now the Corporation has 23 Seed Processing Units with an installed seed
processing capacity of around 8,17,500 quintals per annum on wheat seed basis.
- SEED MARKETING:
The Corporation has mainly making
the seeds available through the Raitha Samparka Kendras of Karnataka State
Department of Agriculture. The seeds are
also made available through KSSC outlets / Co-operative societies and also
through authorized Seed Dealers.
ACHIEVEMENTS OF THE CORPORATION:
Karnataka State Seeds Corporation in the present status and style has
been regularly making profits with exception during the year 2002-03. Due to
severe drought prevailed in the State during 2002-03, the Corporation failed to
make profit. The Corporation has achieved a profit of (before tax) Rs. 65.37 lakhs
for the year 2014-15.
The Company during the year
of incorporation 1978-79 as Karnataka State Seeds Corporation had procured
14,318 quintals of value Rs. 54.61 lakhs.
The seeds procurement was almost tripled to 44,276 quintals of value Rs.
164.43 lakhs during the year 1980-81.
This was doubled to 91,704 quintals of value Rs.1099.76 lakhs during the year
1992-93. This was further increased to 305921
quintals of value Rs.12031.00 lakhs
during the year 2014-15. The Company is
pro active to seed growers and continues to maintain a track record of paying
highest procurement rate in the industry.
The Company’s procurement policy is considered to be a benchmark for
other participating seeds companies in the State.
INCREASE IN SALES:
The Company during the year
of incorporation in 1978-79 as Karnataka State Seeds Corporation had sold
12,090 quintals of sales value Rs. 58.40 lakhs. The seed sold was almost
tripled to 38,401 quintals of sales value Rs. 185.60 lakhs during the year1980-81. This was doubled to 79,935 quintals of
value Rs. 1670.63 lakhs during the year
1992-93. This was further increased to 372172.46
quintals of sales and value Rs. 14827.96 lakhs during the year 2014-15. The Company is maintaining a major share in
the certified seeds market covering around 40% market share. The Company has maintained a profit track
record since its incorporation in the present style as Karnataka State Seeds
The Company imparts
Technical know-how to Share holders and seed producing farmers on regular basis
through its technically trained personnel by regular field inspections. Company
on crop to crop basis also conducts training to seed producing farmers with the
help of scientists from University of Agriculture Sciences, Bengaluru, Dharwad,
Raichur, UAHS, Shivamogga and from Central Research Institutes.
5. PRODUCT RANGE:
The Company is mainly
concentrating on Production and Marketing of Seeds of Agricultural Crops and
recently importance is also given to production of Seeds of Vegetable
Crops. The Company is dealing with seeds
of 25 Crops with 74 Number of varieties and the Corporation is a participant of
the National Seed Bank programme.
6. FINANCIAL POSITION:
The Company as of 2014-15
has raised Rs. 361.25 lakhs share capital from its share holders. The cumulative Reserves and Surplus as at
the end of 2014-15 is Rs.2708.60 lakhs. The company has almost maintained a
profit margin of 0.50% to 1.00% over sales turnover. All the expenses of the Company are met on
self sustaining basis.
7. IMPRESSIVE TRACK RECORD OF GROWTH:
- Sales turnover of the Corporation was 12,090
quintals with value turnover of Rs.58.40 lakhs during the year 1978-79 and now
grown to 372172.46 quintals with value turnover of Rs. 14827.96 lakhs during
the year 2014-2015.
- The product range of the Company is wide with
25 crops and 74 varieties.
- Commenced with 3 Seed Processing Units and
now grown to 23 seeds processing units with 5,08,500 qtls Processing capacity per annum.
- The Corporation has 33 Operation Centres, 23
Seed Processing Units. The Cumulative seed storage capacity of the Corporation
is 5,00,000 Quintals, Out of which 30
godowns are owned by K.S.S.C., with a storage capacity of 3,85,000 Quintals,
and balance storage capacity is hired from different sources.
- Built 200 MTs capacity Dehumidified Air
Conditioned seeds storage.
- Grown from 13 operational locations at the
inception to 33 locations now.
- Holds 40% market share of Certified Seeds in
- Skilled Seeds producing growers grown from
1000 to 10994.
- The Corporation is playing Pivotal role of
establishing Benchmark for procurement and Sale prices in Seed Industry in
- The Corporation has
established a specialized Vegetable Seeds Processing Unit at Chickballapur.
- Head Quarter Complex
along with seed super market at Hebbal, Bengaluru is under construction.
- The Corporation is a
participant in National Seed Bank programme.
IX. PROGRAMME AND ACHIEVEMENT DURING 2014-2015:
a) Foundation Seed Production Programme: The
Corporation has planned to produce 25,099 quintals of Foundation seeds in an
area of 4087 acres and the progress at the end of March-2015 is 2356 acres, and
qty procured is 7984 quintals
Certified Seed Production Programme: The Corporation
has planned to produce 527300 quintals of Certified seeds in an area of 69422
acres and the progress at the end of March-2015 is 40329 acres, and qty
procured is 2,49,618 quintals
Seed Distribution: The
Corporation has planned
to distribute 4,24,998 qtls of seeds during the year 2013-2014 to achieve a
turnover of Rs. 18,626.40 lakhs, and the
progress at the end of March 2015 is 3,12,583.00 quintals and the sales
turnover achieved is Rs. 14,139.33 lakhs. The Corporation is actively
participating in the State and centrally sponsored programmes for distribution
of seeds under Subsidy like SFMF, ISOPOM and etc.
ANNUAL PLAN FOR THE YEAR 2015-16:
Seed Production: The Corporation has targeted to produce 13,738 quintals of
foundation seeds during 2015-16 in an area of 2381 acres.
Seed Production: The Corporation has targeted to produce 3,48,150 quintals of
certified seeds during 2015-16 in an area of 48,992 acres.
The Corporation has targeted to
distribute 3,53,846 quintals of seeds during the year 2015-16 to achieve a
turnover of Rs. 15,529.00 lakhs.
X. ESTABLISHMENT OF OWN RESEARCH AND DEVELOPMENT
The Corporation has established it’s own Varietal Research
and Development unit at Dharwad during
August – 2006. This is to
promote Breeding of own Research Hybrids / Varieties in Maize, Sunflower and
Cotton in addition to purification of Foundation seeds of existing varieties
where ever necessary.