Southern States - Andhra Pradesh

GCC sets turnover target of Rs. 118 cr.

By Our Staff Reporter

VISAKHAPATNAM APRIL 18 . The Girijan Cooperative Corporation Limited (GCC) has set a target of achieving a turnover of Rs. 118 crores during 2002-03, according to the Annual Action Plan released here on Thursday.

The Minister for Tribal Welfare and Disabled Welfare, M. Manikumari, released the Annual Action Plan 2002-03 at the GCC headquarters here. The Chairman of GCC, G. Nagesh, the Vice-Chairman and Managing Director of GCC, A. Vidyasagar, and the newly elected Directors, D. Chittibabu, Ch. Janaki Rama Rao and Ch. Sriramamurthy, and officers of GCC were present.

The GCC top brass also announced that the pay revision of the employees would most certainly be done very soon. The VC and MD of GCC was meeting the Chief Secretary at Hyderabad on Friday. Explaining the salient points of the action plan, Mr. Vidyasagar said that a target of Rs. 25 crores had been set for procuring the Minor Forest Produce (MPF). The strategy of concentrating on products that enjoyed value in the market, had paid good dividends last year. The GCC had been able to sell more than what it had procured and out of the total sale the additional sale was Rs. 6 crores. In the case of the Daily Requirements (DR) depots, training to the salesmen to improve their performance had resulted in the sales going up to Rs. 21 crores last year from the previous year's Rs. 15 crores. Regarding the credit sector, the third important activity of GCC, recovery of long-pending dues along with the current year's dues, was given priority.

Mr. Vidyasagar Rao said that the District Collectors and Project Officers of the Integrated Tribal Development Agencies had cooperated in the loan recoveries. GCC was planning to recover at least Rs. 6 crores during this year.

The Annual Action Plan also envisaged a business turnover of Rs. 7 crores from the sale of consumer products through its retail marketing division, to provide a credit of Rs. 5 crores to the tribal farmers to increase the productivity and to supply essential commodities worth Rs. 50 crores to the tribals and thereby significantly increase the consumer market in the tribal area through promotion of sales of other DRs to the tune of Rs. 25 crores.

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