Punjab Markfed District Office Ropar

Dr. Vishal Walia 58 months ago

The Punjab State Co-op Supply & Marketing Federation Ltd. known as “Markfed” was registered in 1954. At the time of registration, it began with one bicycle, three employees, thirteen members and a capital of Rs.54,000/-, it has now achieved meteoritic volumes and has grown to become the largest marketing co-operative in Asia with an annual turnover of over Rs.11600 Crores during 2013-2014 with 1932 employees. Markfed operates through 17 District offices over 100 Branch offices in Mandi Towns and 9 processing and trading units.
Markfed’s net worth as on 31.03.12 is Rs.70 Crore and the number of members has expanded to 3051 . Markfed has emerged as a very solid and stable organisation committed to the service of the farmer community of the State of Punjab.
Markfed has been awarded National Productivity Awards in various fields like co-operative marketing activities, food processing, cattlefeed production etc., to name a few.
Several innovative incentive schemes have been introduced for the benefit of the farmers and the member co-operative societies. Markfed has also introduced an insurance scheme which provides compensation in case of accidental death or permanent disablement of its farmer members.
Markfed contributes to research & development through the Punjab Agricultural University, Ludhiana (Punjab).
Markfed has been regularly distributing its profits as dividend to its members, contributing to co-operative development and the Common Good Fund. A fair amount is also re-invested in the setting up of new projects, modernisation and diversification of existing plants.

puranjay dutt sharma 34 months ago

Its good

Kanav VB 82 months ago

District Head of Punjab Markfed