Assets & Liabilities of
The Karnataka State Co-Operative Marketing Federation

The Federation has an asset base of over 2000 lakhs by way of buildings, godowns, factories, cold storages and branch offices.
The Federation has repaid to the Government a sum of Rs. 875.00 lakhs as a part of the Soft Loan which was earlier borrowed with an interest burden of 4%
The Federation has to receive a sum of Rs. 168.00 lakhs from the Government as detailed below:
Department dues:

In respect of Fertilizer and Pesticides supplied to the Agriculture & Horticulture Departments [for the last 10 years]

Rs. 54.00 lakhs

Differential cost of Sugar and Food grains from GOK [from 1973-74]

Rs. 55.00 lakhs

Fertilizer subsidy from GOI 1992 & 1996

Rs. 59.00 lakhs

TOTAL

Rs. 168.00 lakhs

The Federation has to receive a sum of Rs. 1068.29 lakhs from Spinning Mills and Societies & department against the Sale of Cotton and Fertilizers as detailed below:

Spinning Mills Dues [Since 1988]

Rs. 73.11 lakhs

Consignment dues from Co-operative Societies [Since 1970]

Rs. 40.40 lakhs

Fertilizers dues from Coop. Societies & department

Rs. 954.78 lakhs

TOTAL

Rs. 1068.29 lakhs

Welcome to The Karnataka State Cooperative Marketing Federation Ltd.

Assets & Liabilities of The Karnataka State Co-Operative Marketing Federation

Assets & Liabilities of
The Karnataka State Co-Operative Marketing Federation