The Vidarbha Co-Operative Marketing Federation Ltd. Nagpur
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Welcome to The Vidarbha Co-Operative Marketing Federation Ltd. Nagpur


About VCMF


The Federation was registered on 15th August, 1948 as an Apex. Co-operative Marketing Society for the old C.P.and Berar Province. Consequently upon the reorganization of states in the year 1956, the said society came to be established as a regional co-operative marketing society for the districts of Vidarbha, under the name “The Vidarbha Co-operative Marketing Society Ltd.”

The services rendered by the Society to needy farmers in all the districts of Vidarbha Region has been recognized by the Govt. of Maharashtra and given Federation Status to the Society and now it is named as “The Vidarbha Co-operative Marketing Federation Ltd.” in the year 2010. As a step towards expansion of business in Marathwada Region, Federation has established Regional office at Aurangabad from January,2016.

The Govt.of Maharashtra in its Cabinet Meeting held on 23.2.2011 vide Subject No.1, taken decision and appointed Federation as a Nodal Agency for maintaining of Government Buffer Stock of 1,00,000 MT fertilizers and its distribution in all the districts of Vidarbha Region with a Government Guarantee of Rs.100 crore.

Presently, Chairman of the Federation is Dr. Rajendra B. Shingne (Ex-Minister) and Vice-Chairman is Shri Subhash R. Dhote (Ex-MLA) and Managing Director is Shri S. Haribabu.

Membership


The Federation’s membership is restricted to Co-operative Purchase and Sale Societies,Co-op. Processing Societies,Co-op. Consumer Societies and the District Central Co-op. Banks. Presently 201 Societies are having Membership in the Federation.

Share Capital


The authorized share capital of the Federation is five crore and the paid up share capital as on 31/3/2019 is Rs. 55.30 Lac. Govt. Share capital was paid completely.

Reserve and Other Funds


The Federation has built up Reserve Fund out of Profits from year to year. The reserve and other funds as on 31/3/2019 are of the order of Rs. 52,81,61,057.48

Branches and Factories


Branches

The Federation has its own Office Buildings and Godowns at all the districts of Vidarbha Region for operational purpose.

 

Regional Office

The Federation has Regional office in Marathwada Region at Aurangabad.

Director List

Strategic Plans of Federation


1) Establishment of 200 MT / day capacity NPK mixture granulated plant under RKVY ( Rashtriya Krishi Vikas Yojna) at Wadsa, Dist. Gadchiroli, State Maharashtra.

2) Establishment of Modern Technology Dal Mill for processing of Toor, Gram & other pulses under RKVY ( Rashtriya Krishi Vikas Yojna) at Amravati, State Maharashtra.

3) Installation of plant for manufacturing of PROM (Phosphorous rich organic manure) at Amravati & Butibori (Dist. Nagpur).

4) Proposal for construction of 15000 MT storage capacity godowns, for food grain storage under RKVY ( Rashtriya Krishi Vikas Yojna) at Akola, Achalpur (Dist. Amravati), Butibori (Dist. Nagpur)

Annual Reports


Audit


M/S P.V.R.S. & Associates, Chartered Accountant, Nagpur had carried out the audit for the year 2018-19 and awarded Grade ‘A’.