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 / requirement.
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 35:30:35
OF THE COMPANY:
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.
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
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
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.
VIII. ACHIEVEMENTS OF THE CORPORATION:
1. 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.
3. 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
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.
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 the State.
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 Karnataka.
has established a specialized Vegetable Seeds Processing Unit at Chickballapur.
Complex along with seed super market at Hebbal, Bengaluru is under
The Corporation is
a participant in National Seed Bank programme.
IX. PROGRAMME AND ACHIEVEMENT DURING 2014-2015:
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
b) 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
c) 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.
X. ANNUAL PLAN FOR THE YEAR 2015-16:
Production: The Corporation has targeted to produce 13,738 quintals of
foundation seeds during 2015-16 in an area of 2381 acres.
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 UNIT:
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.