National Seeds Corporation and State Farms Corporation Present Dividend Cheques to Agriculture Minister

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From: Press Information Bureau Ministry of I&B <pib.kolkata@gmail.com>
Date: Fri, Oct 22, 2010 at 1:35 PM
Subject: Releases............pt1

Press Information Bureau

Government of India

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Ministry of Agriculture

National Seeds Corporation and State Farms Corporation Present Dividend Cheques to Agriculture Minister

New Delhi: October 22, 2010.

 

The National Seeds Corporation (NSC) and State Farms Corporation of India (SFCI) presented cheques of dividend for the year 2009-10 to Shri Sharad Pawar, Minister of Agriculture, Consumer Affairs, Food and Public Distribution here today. The NSC cheque of Rs. 2.26 crore was presented by its Chairman and Managing Director, Shri S.K. Roongta. SFCI also presented a dividend cheque of Rs. 1.57 crore to the Minister.

Speaking on the occasion, Shri Pawar said that NSC has made substantial improvement and provided high quality seeds to farmers at reasonable rates. He said, this has led to high increase in agricultural production in the country.

            The NSC, a category I Mini Ratna company has achieved a record turnover Rs. 472 crore which is 62% higher than previous year. It produced more than 15.10 lakh quintals of quality seeds in the current year as against 10.18 lakh quintals during last year. The Company declared dividend of 11% on its paid up share capital which is the highest payout since its inception. The production of oilseeds and pulses increased from 3.89 lakh quintals in 2008-09 to 6.89 lakh quintals during the current year. The production of vegetable seeds registered an increase of 31% over the previous year.

The turnover of SFCI increased from Rs. 195.26 crore in 2008-09 to Rs.266.21 crore in 2009-10 recording an increase of 36%. Its net profit increased from 9.77 crore in 2008-09 to 21.53 crore in 2009-10 with an increase of 120%. It is for the first time that the Corporation paid dividend of 1.57 crore to the Central Government.

 

mp:sb:cp:dividend(seeds)22.10.2010/dk/kol/13:33 hrs.

 

Press Information Bureau

Government of India

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Ministry of Law & Justice

Transfer of High Courts Judges

New Delhi: October 22, 2010.

 

In exercise of the powers conferred by clause (1) of article 222 of the Constitution of India, the President after consultation with the Chief Justice of India, is pleased to transfer the following Judges of the High Court from one High Court to another and to direct them to assume charge of their respective offices on or before 28th October,2010; (1) Shri Justice Vijay Manohar Sahai, Judge, Allahabad High Court to Gujarat High Court, (2) Smt.Justice Poonam Srivastava, Judge, Allahabad High Court to Jharkhand High Court; (3) Smt.Justice Toom Meena Kumari, Judge, Andhra Pradesh High Court to Patna High Court; (4) Shri Justice Dantuluri Srinivasa Ranganatha Varma, Judge, Andhra Pradesh High Court to Allahabad High Court; (5) Shri Justice Ashutosh Mohunta, Judge, Punjab & Haryana High Court to Andhra Pradesh High Court; (6) Shri Justice Vinod Kumar Sharma, Judge, Punjab & Haryana High Court to Madras High Court; (7) Shri Justice Harjinder Singh Bhalla, Judge, Punjab & Haryana High Court to Orissa High Court; (8) Shri Justice Sri Niwas Aggarwal, Judge, Delhi High Court to Madhya Pradesh High Court; (9) Smt. Justice Aruna Suresh, Judge, Delhi High Court to Orissa High Court; (10) Shri Justice Muttaci Jeyapaul, Judge, Madras High Court to Punjab & Haryana High Court; and (11) Shri Justice Bhabani Prasad Ray, Judge, Orissa High Court to Kerala High Court.

 

vlk/ska/dk/kol/13:33 hrs.

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