Presentation on theme: "KARNATAKA HANDLOOM DEVELOPMENT CORPORATION LIMITED"— Presentation transcript:
1KARNATAKA HANDLOOM DEVELOPMENT CORPORATION LIMITED Presented byShri MOHAMMAD MOHSIN , I A SManaging DirectorKARNATAKA HANDLOOM DEVELOPMENT CORPORATION LIMITEDPRIYADARSHINITHE ORIGINAL HOME OF HANDLOOMS
2The activities of Karnataka Handloom Development Corporation 1Established in 1975 under the Companies Act 1956 andcovered under 20 Point Programme of late Prime MinisterSmt. Indira Gandhi.KHDC has been in the services directly with the weavers andprovides raw materials and technical support to them.Provides continuous employment to the weaversObjective is to promote handloom industry and to facilitateeconomic self reliance of weaversKHDC has been in the services of 12,810 Handloom Weaversacross KarnatakaKHDC generates Indirect Employment to over 1.00 lakh people
3NO. OF Intensive Handloom Development Projects – 9 Working at : PRODUCTION UNITSa) Cotton ProjectsNO OF WEAVERS : 11,586NO. OF Intensive Handloom Development Projects – 9 Working at :BANAHATTIRABAKAVIRAMADURGAILKALRANEBENNURGULBARGABASAVAKALYANBHAGYANAGARE.O.C.P GADAG-BETAGERINO. OF SUB CENTRES INCLUDING COLLECTION CENTRES: 132AVERAGE PRODUCTION PER MONTH:QTY : LAKH MTRS VALUE: Rs LAKHS2
4b) SILK PROJECTS d) Raw Material Bank : No. of Weavers 810No. of Silk Raw Material Cum Procurement Depots working at :AnekalKallurTipturKollegalMolkalmurChinthamani c) Preloom Process House,To provide a ready warp beams to weavers situated at Banhatti and Ranebennur d) Raw Material Bank :To ensure timely supply of raw material to weavers,the raw material bank working at Banhatti. e) Postloom Process House :To provide high quality of processed material to meet the consumer needs,working at Peenya, Bangalore3
54KHDC is ImplementingVidya Vikas Scheme – Supply of uniforms to school childrenSubsidised Saree Dhoti Scheme to BPL families in the StateMADILU – Health kit to Mothers
7Vidya Vikas Scheme – (V V S) 6The Scheme offers assured livelihood to weavers and freeuniform for children - launched inHon’ble Chief Minister has extended this Scheme to HighSchool girl students fromThe order on KHDC is to the tune of Rs crores for99.96 lakh meters of clothVVS production at the rate of 9 to 10 lakh meters withloom coverage of 8000 looms takes 12 months timeBasic cost of production on yarn, processing and weaverswages account for Rs crores.
8Vidya Vikas scheme –Issue to be resolved 7As per the decision taken under the Chairmanship of Hon’ble Textile Minister on along with Principal Secretary to Hon’ble Chief Minister of Karnataka, following points were discussed and resolved as below:-Entering into MOU with Education Department for 3 to 5 years.Hon’ble Textile Minister and Principal Secretary to Hon’ble Chief Minister of Karnataka have informed to the Managing Director of KHDC, Textile Commissioner and Secretary to Government, C&I Dept, Secretary to Government, Education Department [Primary Education] and Secretary to Government [Finance Department] for submission of proposals to entering the MOU with KHDC.Principal Secretary to Hon’ble Chief Minister of Karnataka has informed that, following action is to be initiated for release of advance to KHDC under VVS:-
9(c) Revision of Rates of Uniforms: 8(1) 1/3 amount is to be released to KHDC during September only for the supplies of subsequent academic year.(2) 50% money is to be released to KHDC during the period from Feb-April(3) Balance is to be released immediately after supply of uniform before June.(c) Revision of Rates of Uniforms:Principal Secretary to Hon’ble Chief Minister of Karnataka has indicated that, minimum 4-5% upward revision has to be made every year.
10Subsidised Saree Dhoti Scheme (SSDS) - 9Subsidised Saree Dhoti Scheme (SSDS) -Implemented since 1985BPL Card Holders are the beneficiaries at subsidised ratesfor Sarees, Dhoties and Lungi varieties. Weavers working underthis scheme are aged and women weavers of North KarnatakaThe allocation in the Budget has reduced from an all time high of Rs crores to Rs.2.00 crores duringBasic cost of production on yarn, weavers conversion charges & processing charges accounts for Rs croresSubject Committee of C&I Department has recommended to provide at least Rs crores
12OUR PREMIER PRODUCTS : Traditional Silk Sarees Printed Silk Sarees Cotton SareesPolyester SareesChudidhar SetSilk Kurtis / Made UpsSoham Shirts / Silk ShirtsDesigner Silk SareesSilk TiesJacquard BedsheetsNisarga BedsheetsTable LinenBed LinenJamkana (Carpet)Pillow CoverTowelsTurkish TowelsWoolen BlanketsJanatha Sarees / Dhoti11
13Woman Weaver with Jacquard Loom 12Woman Weaver with Jacquard Loom
14WELFARE SCHEMES TO WEAVERS a) Health Package : (Through ICICI, Lombard)Reimbursement of Medical expenditure of the weaver, spouse and legitimate children.Eligibility is Maximum of Rs P.AWeavers Contribution Rs P.A.GOK Contribution Rs P.A.GOI Contribution Rs P.A.Total Rs P.AWeavers covered Nos.b) Insurance : Under Mahatma Gandhi Bhunakar YojanaIn case of natural death Rs. 60,000, accidental death – Rs.150,000 and partialdisablement Rs. 75,000 and permanent disablement Rs.150,000 will bepaid from Insurance Company.Weavers contribution Rs. 40 p.a. - G.O.I Contribution Rs.150 p.a.G.O.K. Contribution Rs. 40 p.a. - LIC Social Security Rs.100 p.a.==========================================Total Rs. 330 =========================================Weavers covered 5,55313
15 ii) Sahashikshana Yojana 14 ii) Sahashikshana YojanaRs per student for each Academic year :Nos. Rs lakhs - 733 Nos. Rs lakhsNos. Rs lakhsNos. Rs lakhsNos. Rs lakhsNos. Rs lakhsc) Thrift Fund Scheme:Under this scheme weavers have to contribute 8% on their earnings and 8%Govt. contribution (4% GOK + 4% GOI) plus interest on both. The schemeperiod is for 15 years.No. of weavers coveredd ) Funeral expenditure : Rs. 3,000 per weaver will be disbursed from KHDC on the death of the weaver to his/her family member towards funeral expenses w.e.f May
16e )Housing (Living Cum Worksheds) : 15e )Housing (Living Cum Worksheds) : Centrally Sponsored Scheme:i) Under this scheme 1,634 LCWS have been constructed andallotted to the weavers, 50% Grant and 50% Loan. Cost of thehouse Rural Rs. 35,000, and Urban Rs. 45,000.ii)Constructed through Rajeev Gandhi Rural Housing Corporation :288 LCWS are sanctioned, out of which 287 is completed.Dutch Assisted Project :Under this project, 1942 LCWS have been constructed andallotted to the weavers at 19 places.
1817Weavers Special Package Component by GOK sanction during , , &[Rs.in lakhs](proposed)Installation of looms & accessoriesUpgradation & modernizationof existing loomsSkill upgradation & training forweaversInterest subsidy on workingcapital loanWorking Capital Grant for RawMaterial PurchasesReimbursement of 20% rebateModernisation of PTPHInterest on thrift fundSCP/STP weavers packageReimbursement of VAT( & 2007&08) …………. …………. ………… …………..…….…… …………. ………… …………..GOK has earmarked a sum of Rs crores towards capital investment and Rs 3.00crores for construction of Nekarara Bhavan in the State Budget
19Ensuring Better Wages to Weavers 18Ensuring Better Wages to WeaversCorporation has been revising conversion charges to weavers once in 2-3 years to compensate inflationIn line conversion charges has been revised upwards in the range of % to % on various varieties w.e.f & 10 % from , 20% fromThe additional financial impact for 2009 – 10 onCotton / Polyester Rs LakhsSilk varieties Rs LakhsThis is to ensure stop migration of weavers from Handloom sector.
20Procurement of Cloth from weavers 19Procurement of Cloth from weavers(in lakhs Mtrs)
22Five Year Analysis Production – Sales – Issue of Yarn – Conversion Charges 21(Rs. in lakhs )SLNOParticulars1F.G.PRODUCTIONa) In Lakh Metersb) Value in Lakh Rs.128.94107.36108.8399.9896.972Sales6,998.388,770.449,872.353Issue Of Yarn2,327.024Conversion Charges915.82944.39968.221,075.29
23Turn Around of KHDC From Loss to Profit 22From Loss to ProfitAnnual turn over is in the range of Rs to CroresObjective is to reach Crores during and achieved Rs crores duringIn the last 30 years, it has made marginal profits during 11 financial years & during 2006 – 07, & the Corporation has made a Profit of Rs Crore & 0.92 Crore & Rs crore respectively.Net worth has turned positive by Rs crores as on
24Net Loss & Profit Account 2004 -05 to 2009-10 23(Value in Lakhs)Sl noYEARAMOUNT123436.70492.41514.046(-)
25(Rs. in lakhs ) 24 Particulars 2004-05 2005-06 2006-07 2007-08 2008-09 Net loss / profit436.7092.4114.04
26NETWORTH OF KHDC SL. NO YEAR NETWORTH 1 2 3 4 5 6 7 8 9 10 2000 – 01 25NETWORTH OF KHDC(Rs. in lakhs )SL. NOYEARNETWORTH123456789102000 – 012001 – 022002 – 032003 – 042004 – 052005 – 062006 – 072007 –082008 – 09185.23(-)984.54(-)43.54(-)448.98
27PROFIT & LOSS ACCOUNT - HIGHLIGHTS 26PROFIT & LOSS ACCOUNT - HIGHLIGHTS[Rs.in lakhs]PARTICULARSIncomeSalesOther236.11475.40634.10935.31Variation in Stock537.37202.97524.87Prior period adjustments227.37218.02413.0258.73-ExpenditureCost of ProductionAdministration ExpensesSelling & Distribution expenses653.91431.70545.99715.95639.90641.30Finance Charges382.44420.00481.31465.68458.24810.09Depreciation39.5140.8340.2139.4937.3436.8521.6719.07Net Loss/Profit436.7092.4114.04
28BALANCE SHEET - HIGHLIGHTS 27BALANCE SHEET - HIGHLIGHTSReflecting Net worth of KHDC[Rs.in lakhs]PARTICULARSFunds EmployedShare CapitalReserves & Surplus935.76Long Term LoanShort Term LoanApplication of FundsFixed Assets792.18843.23814.43793.80823.50816.94Investments6.26Net Current AssetsMis.Expenditure543.89774.92466.89278.4189.93-Accumulated LossNet Worth
29Liabilities & Commitment of K.H.D.C as on 31-03-2010 28Liabilities & Commitment of K.H.D.C as on[Rs.in lakhs]Cash Credit Loan from Consortium BanksInterest on Cash Credit loan (12.5 % to 13%)300.64O D on Fixed DepositAdditional O.D against receivablesInterest on O D379.36Govt. Loan (VRS)Interest on Govt. loan (VRS)352.43Guarantee Commission to GOK24.11Sundry Creditors
30DDHPY Commitment v/s. Achievement 29DDHPY Commitment v/s. Achievement(Rs. in crores)YearProjected TurnoverActual TurnoverNet Profit as per DDHPYActual Net Profit100.0076.4317.32- 5.5869.9819.55- 3.53107.0087.708.604.37112.0094.819.350.92115.0086.639.500.14-98.72(-) 11.23
31HIGHLIGHTS OF KEY PROPOSALS 30HIGHLIGHTS OF KEY PROPOSALS(Rs in crores)1)Coverage of Handloom Weavers underNREGP with necessary budgetarysupport:20.002)Extension of 10% GOI – Rebate on sale of Handloom Cloth2.003)Central Assistance for Subsidised Saree Dhoti Scheme for 72 lakh BPL families108.00Total135.60