Transcript THE PONDICHERRY STATE WEAVERS’ CO

THE PUDUCHERRY STATE WEAVERS
CO-OPERATIVE SOCIETY LTD., NO.P.57
(PONTEX)
WELCOMES YOU
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]
PONTEX
PONFAB
TEXPRO
SPINNING MILLS
BRIEF NOTES
ON
THE WORKING OF THE SOCIETY
Originally registered as
: Model Weavers Industrial
Co-operative Society
Date of Registration
: 2.3.1957
Date of Starting
: 20.5.1957
Later converted as
: Puducherry State Weavers
Co-operative Society
Date of conversion
: 1.3.1973
Trade Name
: Pontex
Affiliated Societies
: 13 nos. of Primary Weavers
Co-operative societies
Area of Operation
: Union territory of Puducherry
The Puducherry State
Weavers Co-op. Society
: Apex body
Last election General Body
held on
: 5.6.2003
Period of committee of
management
: June 2003 to December 2005
Managed by the
Administrator
: 15.7.2005 to till date
Last general body
meeting held on
: 31.7.2010
OBJECTIVE
OF THE SOCIETY
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
maintain the quality of fabrics
guidance
to
PRIME OBJECTIVE .. CONTD.

The
society
is
to
handloom products
procure
the
entire
which produced by the
primaries

To
arrange
for
marketing
fabrics and liquidate
the
handloom
the entire finished
products without accumulation.
ORGANIZATION CHART
ORGANIZATION CHART AS ON DATE
ADMINISTRATOR
MANAGING DIRECTOR
FINANCE
MANAGER
ESTABLISHMENT
SECTION,
ACCOUNTS
SECTION,
CREDIT SECTION
AND COMPUTER
SECTION
INTERNAL
AUDITOR
AUDIT
SECTION
SENIOR MANAGER
(PRODN)
PRODUCTION
SECTION
SENIOR
MANAGER (MKTG)
MARKETING SECTION
GOODS CLEARANCE
SECTION
Retail outlets
WORKING STAFF STRENGTH AS ON DATE
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
WORKING STAFF STRENGTH AS ON DATE
S.
Particulars
No
1. Senior Manager
Strength
S.
No
Particulars
Strength
B/f
47
9
2.
Deputy Manager
2
2
3.
4.
5.
Asst. Manager
Superintendent
Tech. Supdt.
3
2
4
13 Salesman Gr-I/
Saleswomen Gr-I
14 Drivers Gr-II
15 Attender
16 Godown Asst.
6.
7.
8.
9
Sr. Stenographer
Sr. Clerk (S.G)
Supervisor
Sr.Clerk
1
6
1
16
17
18
19
20
10
11
Driver Gr-I
Jr. Clerk
1
8
21 Daily rated employee
12
Computer Operator
C/o
1
47
Salesman/Saleswomen
Peon
Helper
Packer
Grand Total (103 + 4)
1
3
24
8
2
5
4
4
107
AUDIT STATUS FOR
AUDIT CLASSIFICATION
AUDIT STATUS FOR AUDIT CLASSIFICATION
Year
Society
classified
Gross Profit
Net profit / Net
loss
2005-2006
“B”
2,71,93,473.00
(+) 45,34,323.00
2006-2007
“B”
2,38,48,210.00
(+) 36,64,110.00
2007-2008
“C”
2,85,36,155.00
(-)
2008-2009
“C”
2,45,30,560.00
(-) 32,71,474.00
2009-2010
“C”
2,54,83,203.00
(-) 64,40,192.00
2,02,979.00
Final audit for 2010-2011 is under progress and will be submitted to Audit
section by 15th June 2012.
Status of the Audit:
CA informed that he will take up the audit in one full stretch by end of this
month and complete.
WORKING CAPITAL
OF THE SOCIETY
WORKING CAPITAL AS ON 31.3.2012
Amount
(Rs. In lakhs)
S.No
Particulars
1
Cash Credit Loan from Pondicherry State Cooperative Bank
2
Government Share Capital
3
Share Capital from others
4.93
Total
1624.68
1300.00
319.75
PRODUCTION
PRODUCTION
 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.
 And this yarn both grey, dyed and beam are
supplied
according
to
the
to
affiliated
our
primary
societies
requirements
without
interruption throughout the year.
 Nearly 2,600 weaver-members are covered under
Co-operative fold (including allied workers)
MAJOR VARIETIES PRODUCED BY
PRIMARIES
 Lunghies
 Bedspread Gada
 Towels
 Saree Gada
 Bedsheets
 Blouse Gada
 Pillow Covers
 Dhothies
 Shirtings
 Kerchieves
PRODUCTION PARTICULARS FOR THE FIVE
YEARS
Active
Production
Year
Members
Looms
Meters
(in lakhs)
Value
(Rs. in lakhs)
2007-2008
5560
1906
22.73
718.25
2008-2009
5220
1433
12.60
507.41
2009-2010
5272
1455
16.07
619.95
2010-2011
5537
1407
14.05
631.65
2011-2012
5537
1074
9.23
555.85
MARKETING CHANNELS
MARKETING
 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
sales .
agencies
and
2
head
office
 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.
SALES OUTLETS
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.
2.
3.
4.
Chidambaram
Mayiladudurai
Kumbakonam
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
SALES PERFORMANCE FOR FIVE YEARS
(Rs. in lakhs)
S.
No.
Particulars
Sales
20072008
Sales
20082009
Sales
20092010
Sales
20102011
Sales
20112012
1
Direct Branch
176.07
176.47
203.59
234.68
274.03
2
Agent Branch
64.86
70.93
72.34
92.38
97.23
3
Consignment
Branch
11.99
13.57
13.36
14.72
9.10
4
Exhibition
124.38
150.01
146.19
175.82
143.16
5
Free Distribution
Scheme
6
Head Office
Total Sales
1325.37 1107.52 1202.77
35.10
26.35
32.36
1737.77 1544.85 1670.61
79.78 1568.00
28.43
20.82
625.81 2112.34
PERFORMANCE GLANCE
FOR LAST FIVE YEARS
PERFORMANCE AT GLANCE FOR THE LAST FIVE YEARS
(Rs. in lakhs)
Sl.
No.
1.
Particulars
Share Capital: Govt.
2007-08
(Audited)
2008-09
(Audited)
2009-10
(Audited)
2010-11
2011-12
(Unaudited)
(Unaudited)
279.75
309.75
309.75
319.75
319.75
4.89
4.91
4.91
4.91
4.91
500.00
1000.00
1000.00
1000.00
1300.00
1363.64
1840.00
1682.53
1346.83
1279.99
261.29
249.71
287.94
908.06
224.33
1189.70
1073.00
1188.26
310.29
1292.26
Sales : Yarn
347.04
301.52
340.88
373.83
371.00
Cloth
1732.40
1550.23
1668.32
625.81
2112.36
5.
Gross Profit
285.36
245.31
247.50
355.88
405.47
6.
286.84
262.55
304.32
242.96
260.71
7.
Establishment & other
Expenses
Interest paid
69.45
72.19
69.59
109.93
157.52
8.
Profit / Loss
(-) 2.03
(-) 32.71
(-) 39.30
(-) 47.27
(+) 31.83
9.
Accumulated Loss
--
(-) 2.03
(-) 34.74
(-) 74.04
(-) 121.31
(-) 2.03
(-) 34.74
(-) 74.04
(-) 121.31
(-) 89.48
Others
2.
Borrowings: C.C.L.
CCL availed
3.
Purchases: Yarn
Cloth
4.
10. Total Profit / Loss
WEAVERS WELFARE SCHEMES
WEAVERS WELFARE SCHEMES IMPLEMENTED
 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)
 E.S.I. Medical facilities extended to the in-shed weavermembers 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
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
..
of
 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 weavermembers who earned average wage of Rs. 300/- per
month for the last three years before retirement.
SUBSIDY RECEIVED FROM
GOVERNMENT
SUBSIDY RECEIVED FROM GOVERNMENT
(Rs. in lakhs)
S.
No
Particulars
1
Hank Yarn Subsidy
2
20072008
20082009
20092010
20102011
20112012
9.23
15.65
15.40
15.38
27.31
Interest Subsidy
34.00
63.23
54.69
59.19
70.57
3
Publicity & Propaganda
10.44
10.31
9.52
5.22
4
Marketing Development Assistance
5
Production Incentive
6
Exhibition
7
Weavers Welfare Fund
8
Thrift deposit
--
216.59 325.60 183.05 149.42 121.39
75.00
71.82
4.65
5.70
75.59
80.69
--
10 Rainy Season
50.59
54.56
12.09
--
71.83
65.42
113.60
20.96
24.06
24.56
30.00
--
38.15
27.19
26.45
23.29
11. Building Subsidy
--
22.50
12 Share Capital
--
--
--
10.00
--
13 Weavers Training
--
--
--
7.46
--
Total
--
51.40
--
425.50 654.61 436.33
--
--
426.59 440.72
ISSUES AND CHALLENGES
ISSUES AND CHALLENGES
ISSUES FACED BY THE SOCIETY:
 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.80-100; Minimum wages for
other sector is Rs.300-400.
 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.
 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.
ISSUES AND CHALLENGES
CHALLENGES OF THE SOCIETY:
 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.
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
Towels,
frameloom
Pillow
products
Covers,
such
as
Bedsheets
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.
 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
frameloom weaving.
workmanship
involving
in
Because of this reason the
weavers are reluctant to switchover to frameloom
products.
CHART PRESENTATION
PRODUCTION
PRODUCTION PERFORMANCE CHART
S.
No.
Year
Amount
(Rs.in lakhs)
1
2007-2008
718.25
2
2008-2009
507.41
3
2009-2010
619.95
4
2010-2011
631.65
5
2011-2012
555.85
MARKETING
DIRECT BRANCH SALES PERFORMANCE CHART
S.
No.
Year
Amount
(Rs.in lakhs)
1
2007-2008
176.07
2
2008-2009
176.47
3
2009-2010
203.59
4
2010-2011
234.68
5
2011-2012
274.03
AGENT BRANCH SALES PERFORMANCE CHART
S.
No.
Year
Amount
(Rs.in lakhs)
1
2007-2008
64.86
2
2008-2009
70.93
3
2009-2010
72.34
4
2010-2011
92.38
5
2011-2012
97.23
CONSIGNMENT SALES PERFORMANCE CHART
S.
No.
Year
Amount
(Rs.in lakhs)
1
2007-2008
11.99
2
2008-2009
13.57
3
2009-2010
13.36
4
2010-2011
14.72
5
2011-2012
9.10
EXHIBITION SALES PERFORMANCE CHART
S.
No.
Year
Amount
(Rs.in lakhs)
1
2007-2008
124.38
2
2008-2009
150.01
3
2009-2010
146.19
4
2010-2011
175.82
5
2011-2012
143.16
FREE DISTRIBUTION SCHEME SALES PERFORMANCE
CHART
S.
No.
Year
Amount
(Rs.in lakhs)
1
2007-2008
1325.37
2
2008-2009
1107.52
3
2009-2010
1202.77
4
2010-2011
79.78
5
2011-2012
1568.00
HEAD OFFICE SALES PERFORMANCE CHART
S.
No.
Year
Amount
(Rs.in lakhs)
1
2007-2008
35.10
2
2008-2009
26.35
3
2009-2010
32.36
4
2010-2011
28.43
5
2011-2012
20.82
PERFORMANCE CHART
SHARE CAPITAL RECEIVED FROM GOVERNMENT
S.
No.
Year
Amount
(Rs.in lakhs)
1
2007-2008
279.75
2
2008-2009
309.75
3
2009-2010
309.75
4
2010-2011
319.75
5
2011-2012
319.75
SHARE CAPITAL RECEIVED FROM OTHER
INSTITUTION
S.
No.
Year
Amount
(Rs.in lakhs)
1
2007-2008
4.89
2
2008-2009
4.91
3
2009-2010
4.91
4
2010-2011
4.91
5
2011-2012
4.91
BORROWING CASH CREDIT LOAN LIMIT
S.
No.
Year
Amount
(Rs.in lakhs)
1
2007-2008
500.00
2
2008-2009
1000.00
3
2009-2010
1000.00
4
2010-2011
1000.00
5
2011-2012
1300.00
PURCHASE OF YARN
S.
No.
Year
Amount
(Rs.in lakhs)
1
2007-2008
261.29
2
2008-2009
249.71
3
2009-2010
287.94
4
2010-2011
908.06
5
2011-2012
224.33
PURCHASE OF CLOTH
S.
No.
Year
Amount
(Rs.in lakhs)
1
2007-2008
1189.70
2
2008-2009
1073.00
3
2009-2010
1188.26
4
2010-2011
310.29
5
2011-2012
1292.26
SALES OF YARN
S.
No.
Year
Amount
(Rs.in lakhs)
1
2007-2008
347.04
2
2008-2009
301.52
3
2009-2010
340.88
4
2010-2011
373.83
5
2011-2012
371.00
SALES OF CLOTH
S.
No.
Year
Amount
(Rs.in lakhs)
1
2007-2008
1732.40
2
2008-2009
1550.23
3
2009-2010
1668.32
4
2010-2011
625.81
5
2011-2012
2112.36
GROSS PROFIT
S.
No.
Year
Amount
(Rs.in lakhs)
1
2007-2008
285.36
2
2008-2009
245.31
3
2009-2010
247.50
4
2010-2011
355.88
5
2011-2012
405.47
ESTABLISHMENT & OTHER EXPENSES
S.
No.
Year
Amount
(Rs.in lakhs)
1
2007-2008
286.84
2
2008-2009
262.55
3
2009-2010
304.32
4
2010-2011
242.96
5
2011-2012
260.71
INTEREST PAID
S.
No.
Year
Amount
(Rs.in lakhs)
1
2007-2008
69.45
2
2008-2009
72.19
3
2009-2010
69.59
4
2010-2011
109.93
5
2011-2012
157.52
PROFIT / LOSS
S.
No.
Year
Amount
(Rs.in lakhs)
1
2007-2008
(-) 2.03
2
2008-2009
(-) 32.71
3
2009-2010
(-) 39.30
4
2010-2011
(-) 47.27
5
2011-2012
(+) 31.83
ACCUMULATED LOSS
S.
No.
Year
Amount
(Rs.in lakhs)
1
2007-2008
(-) 2.03
2
2008-2009
(-) 34.74
3
2009-2010
(-) 74.04
4
2010-2011
(-) 121.31
5
2011-2012
(-) 89.48
THE PUDUCHERRY STATE WEAVERS CO-OPERATIVE
SOCIETY LTD. No.P.57 (PONTEX)
INDUSTRIAL ESTATE, THATTANCHAVADY,
PUDUCHERRY-605 009.
Phone No.: (0413) – 2248412, 2248196
Fax No.
: (0413) - 2248471
Website Address : www.pontexindia.com
E-mail address : [email protected]