Presentation is loading. Please wait.

Presentation is loading. Please wait.

THE PUDUCHERRY STATE WEAVERS CO - OPERATIVE SOCIETY LTD., NO. P.57 ( PONTEX )

Similar presentations


Presentation on theme: "THE PUDUCHERRY STATE WEAVERS CO - OPERATIVE SOCIETY LTD., NO. P.57 ( PONTEX )"— Presentation transcript:

1 THE PUDUCHERRY STATE WEAVERS CO - OPERATIVE SOCIETY LTD., NO. P.57 ( PONTEX )

2 ORGANIZATION CHART DEVELOPMENT COMMISSIONER FOR HANDLOOMS, NEW DELHI DIRECTOR OF HANDLOOMS (STATE LEVELS) OR COMMISSIONER FOR HANDLOOMS [BOTH CO-OPERATIVE AND PRIVATE SECOTR] [FOR PUDUCHERRY – REGISTRAR OF CO-OPERATIVE SOCIETIES] JOINT REGISTRAR OF CO-OPERATIVE SOCIETIES DEPUTY REGISTRAR [HANDLOOMS] PONTEXPONFABTEXPROSPINNING MILLS

3 B RIEF NOTES ON THE WORKING OF THE SOCIETY

4 Originally registered as : Model Weavers Industrial Co-operative Society Date of Registration : Date of Starting : Later converted as : Puducherry State Weavers Co-operative Society Date of conversion :

5 Area of Operation : Union territory of Puducherry Affiliated Societies : 13 nos. of Primary Weavers Co-operative societies The Puducherry State Weavers Co-op. Society : Apex body Trade Name : Pontex

6 Last election General Body held on: Period of committee of management: June 2003 to December 2005 Managed by the Administrator: to till date Last general body meeting held on:

7 O BJECTIVE OF THE SOCIETY

8 PRIME OBJECTIVE To ensure continuous employment to the weavers in the co-operative fold Arranging timely and regular supply of yarn Marketing their finished goods Giving necessary technical guidance to maintain the quality of fabrics

9 The society is to procure the entire handloom products which produced by the primaries To arrange for marketing the handloom fabrics and liquidate the entire finished products without accumulation.

10 O RGANIZATION CHART

11 ADMINISTRATOR MANAGING DIRECTOR FINANCE MANAGER INTERNAL AUDITOR SENIOR MANAGER (PRODN) SENIOR MANAGER (MKTG) ESTABLISHMENT SECTION, ACCOUNTS SECTION, CREDIT SECTION AND COMPUTER SECTION AUDIT SECTION PRODUCTION SECTION MARKETING SECTION GOODS CLEARANCE SECTION Retail outlets

12 1. Managing Director - Deputy Registrar on deputation from Co-op. Department 2. Finance Manger - Co-op. Officer on deputation from Co-op. Department 3. Internal Auditor - Co-op. Officer on deputation from Co-op. Department

13 S. No ParticularsStrengthS. No ParticularsStrength 1.Senior Manager2B/f47 2.Deputy Manager213Salesman Gr-I/ Saleswomen Gr-I 9 3.Asst. Manager314Drivers Gr-II1 4.Superintendent215Attender3 5.Tech. Supdt.416Godown Asst.24 6.Sr. Stenographer117Salesman/Saleswomen8 7.Sr. Clerk (S.G)618Peon2 8.Supervisor119Helper5 9Sr.Clerk1620Packer4 10Driver Gr-I121Daily rated employee4 11Jr. Clerk8 12Computer Operator1 C/o47Grand Total ( )107

14 AUDIT STATUS FOR AUDIT CLASSIFICATION

15 YearSociety classified Gross ProfitNet profit / Net loss B2,71,93,473.00(+) 45,34, B2,38,48,210.00(+) 36,64, C2,85,36,155.00(-) 2,02, C2,45,30,560.00(-) 32,71, C2,54,83,203.00(-) 64,40, Final audit for is under progress and will be submitted to Audit section by 15 th June Status of the Audit: CA informed that he will take up the audit in one full stretch by end of this month and complete. AUDIT STATUS FOR AUDIT CLASSIFICATION

16 W ORKING CAPITAL OF THE SOCIETY

17 S.NoParticulars Amount (Rs. In lakhs) 1Cash Credit Loan from Pondicherry State Co- operative Bank Government Share Capital Share Capital from others 4.93 Total

18 PRODUCTION

19 The society purchases grey hank yarn and cone yarn from the Spinning Mills through National Handloom Development Corporation. The grey hank yarn is dyed in Texpro and cone yarn are processed and sized as Beams in Sizing Mills at Erode.

20 And this yarn both grey, dyed and beam are supplied to the affiliated primary societies according to our requirements without interruption throughout the year. Nearly 2,600 weaver-members are covered under Co-operative fold (including allied workers)

21 Lunghies Towels Bedsheets Pillow Covers Shirtings Bedspread Gada Saree Gada Blouse Gada Dhothies Kerchieves

22 Year ActiveProduction MembersLoomsMeters (in lakhs) Value (Rs. in lakhs)

23 MARKETING CHANNELS

24 The entire handloom clothes being produced by the Primary Weavers coop. societies are procured by the Apex society, which undertake marketing of these goods through 12 direct retail outlets, 4 by agents, 2 by consignment agencies and 2 head office sales.

25 We are marketing our products by conducting handloom exhibitions at Puducherry, Karaikal, Neyveli and at other places during festival seasons. We participate in National Handloom Expos organized by the Development Commissioner for Handlooms, New Delhi at the State levels.

26 I. DIRECT SHOWROOMS: 1. Puducherry (J.N.Street) 2. Puducherry (T.T.C.) 3. Puducherry (Chetty) 4. Karaikal 5. Mahe 6. Yanam 7. Cuddalore 8. Neyveli 9. Erode 10. Kolkata 11. Thiruvannamalai, 12. Villupuram II. AGENCY SHOWROOMS: 1.Chidambaram 2.Mayiladudurai 3.Kumbakonam 4.Nagapattinam III. CONSIGNMENT SHOWROOMS: 1. The Pondicherry Co-op. Wholesale Store 2. The Vadasery Weavers Coop.Society, Nagercoil. IV. HEAD OFFICE SALES: 1. Government Sales 2. Whole Sales

27 S. No. ParticularsSales Sales Sales Sales Sales Direct Branch Agent Branch Consignment Branch Exhibition Free Distribution Scheme Head Office Total Sales (Rs. in lakhs)

28 PERFORMANCE GLANCE FOR LAST FIVE YEARS

29 Sl. No. Particulars (Audited) (Audited) (Audited) ( Unaudited ) ( Unaudited ) 1.Share Capital: Govt Others Borrowings: C.C.L CCL availed Purchases: Yarn Cloth Sales : Yarn Cloth Gross Profit Establishment & other Expenses Interest paid Profit / Loss(-) 2.03(-) 32.71(-) 39.30(-) 47.27(+) Accumulated Loss-- (-) 2.03(-) 34.74(-) 74.04(-) Total Profit / Loss(-) 2.03(-) 34.74(-) 74.04(-) (-) (Rs. in lakhs)

30 WEAVERS WELFARE SCHEMES

31 Weavers Welfare Schemes implemented by the Apex Society as an Nodel Agency Lumpsum grant of Rs. 10,000/- to the family members of a weaver who decease while in service. Mahatma Gandhi Bunkar Bima Yojana Insurance Rs.60,000/- Assistance for Family Planning Operation Rs.200/- Free Dhothies and Sarees to weaver-members (once in a year)

32 E.S.I. Medical facilities extended to the in-shed weaver- members and to non covered E.S.I. members Rs.100/- per month / member is being paid. Assistance to purchase of Housing site (Rs.10,000/- subsidy) Production Incentive to the weaver-members at 25% on the previous year wages earned subject to a maximum of Rs.5,000/- each. Education Allowance: I to VIII-Std.,..Rs. 400/- VIII to XII-Std..Rs. 600/- per student For College..Rs.2,000/- per academic year

33 Superannuation and Family Pension Schemes i) Pension Rs. 500/- per month to such of those weaver- members who earned average wage of Rs. 100/- per month for the last three years before retirement. ii) Pension Rs. 1,000/- per month to such of whose weaver- members who earned average wage of Rs. 300/- per month for the last three years before retirement.

34 SUBSIDY RECEIVED FROM GOVERNMENT

35 S. No Particulars Hank Yarn Subsidy Interest Subsidy Publicity & Propaganda Marketing Development Assistance Production Incentive Exhibition Weavers Welfare Fund Thrift deposit Rainy Season Building Subsidy Share Capital Weavers Training Total (Rs. in lakhs)

36 ISSUES AND CHALLENGES

37 Weaver-members reduced in the house holds weaving shed of the Primary Weavers Co-operative Societies. Weaver-members wages is lower than the daily wages in other sector of workers, i.e. Maximum wages earned by weaver-members is Rs ; Minimum wages for other sector is Rs Production reduced due to old-age of efficient weavers. New weavers is not available. Even though handloom product liked by the public, traditional handloom product not liked due to changing taste. ISSUES FACED BY THE SOCIETY:

38 PONTEX trained the weaver-members for weaving in different products, but the trainees are reluctant to continue in the weaving sector. National Handloom Development Corporation insists the advance payment for yarn supply to avail 10% of hank yarn subsidy. Processing and printing gets delayed: i) Due to power cut; ii) Increase in the processing and printing charges and cost of transportation; iii)The dyeing & processing units are declining the processing work due to court order relating to pollutions and environmental factors.

39 Fully depends on the supply orders of Government. The rates of handloom cloths are more than the mill made fabrics. Heavy competition in the market Financial problems: i) Due to non-receipt of cloth sales dues from the Government; ii) Non-receipt of plan and non-plan funds from the Government. CHALLENGES OF THE SOCIETY:

40 iii) Due to non-receipt of supply orders from the Government departments in advance. iv) Production carried out by PONTEX in anticipation of the future order and thereby the stock is accumulated and simultaneously payment of interest to the Cash Credit Loan is increased abnormally. PONTEX frameloom products such as Bedsheets Towels, Pillow Covers, Furnishings, Shirtings kerchieves, Napkins etc. are in heavy demand in the market, whereas there is only 350 framelooms working, which is not sufficient to meet out the actual marketing requirements. This is actually a big challenge.

41 The pitloom varieties such as lungies and saree gada are not in much demand, whereas 1000 pitlooms are working. Conversion of pitlooms into framelooms is not possible due to heavy workmanship involving in frameloom weaving. Because of this reason the weavers are reluctant to switchover to frameloom products.

42 CHART PRESENTATION

43 PRODUCTION

44 S. No. YearAmount (Rs.in lakhs)

45 MARKETING

46 S. No. YearAmount (Rs.in lakhs)

47 S. No. YearAmount (Rs.in lakhs)

48 S. No. YearAmount (Rs.in lakhs)

49 S. No. YearAmount (Rs.in lakhs)

50 S. No. YearAmount (Rs.in lakhs)

51 S. No. YearAmount (Rs.in lakhs)

52 PERFORMANCE CHART

53 S. No. YearAmount (Rs.in lakhs)

54 S. No. YearAmount (Rs.in lakhs)

55 S. No. YearAmount (Rs.in lakhs)

56 S. No. YearAmount (Rs.in lakhs)

57 S. No. YearAmount (Rs.in lakhs)

58 S. No. YearAmount (Rs.in lakhs)

59 S. No. YearAmount (Rs.in lakhs)

60 S. No. YearAmount (Rs.in lakhs)

61 S. No. YearAmount (Rs.in lakhs)

62 S. No. YearAmount (Rs.in lakhs)

63 S. No. YearAmount (Rs.in lakhs) (-) (-) (-) (-) (+) 31.83

64 S. No. YearAmount (Rs.in lakhs) (-) (-) (-) (-) (-) 89.48

65 THE PUDUCHERRY STATE WEAVERS CO-OPERATIVE SOCIETY LTD. No.P.57 (PONTEX) INDUSTRIAL ESTATE, THATTANCHAVADY, PUDUCHERRY Phone No.: (0413) – , Fax No. : (0413) Website Address: address:

66


Download ppt "THE PUDUCHERRY STATE WEAVERS CO - OPERATIVE SOCIETY LTD., NO. P.57 ( PONTEX )"

Similar presentations


Ads by Google