5 fold growth of Kendriya Bhandar

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Dr. Mukesh Kumar the MD said, the Society has taken a lot of measures to heighten the morale and confidence of the employees by granting them fair wages which are comparable to the industry, while record number of promotions at faster pace to the performing employees were granted.

He said, apart from these, measures like re-designation of posts guaranteeing respect, improving the quality of life at work place and periodical training through cooperative institutes, FSSAI and other activities for personality development of the employees.

Kendriya Bhandar created an all-time record by achieving five-fold growth of Rs.4,043 crores in 2021-22 from Rs.750 crores in 2017-18, which is unprecedented in any public or private sector.

It is also worth mentioning here that the society had accumulated fixed deposits of Rs.98.59 crores in 55 years since its coming into existence and Rs.41.28 crores (29.51% of total Rs.139.87 crores) have been added in the last five years.

The Society serves the common man by providing essential commodities at the lowest rates in the country. In recent times, the Society sold Onions @ Rs.15/- per kg against market price of Rs.70/- per kg; Bharat Atta @ Rs.27.50 per kg against market price of Rs.40/- to Rs.45/- per kg in February-March 2023; Sold Tomatoes @ Rs.70/- per kg against market price of Rs.200/- per kg in the month of August, 2023; Selling Bharat Dal (Chana Dal) @ Rs.58/- per kg against market price of Rs.110/- per kg. Further, the role of Kendriya Bhandar during the Corona / crisis has been commendable as it provided fastest services and quality items at the lowest rate in the country.

Kendriya Bhandar was set up in 1963 as a Welfare Project. It has been registered as a Multi-State Co-operative Society under MSCS Act 2002 with shareholding of the Govt. and Govt. employees. It has over 93,000 members out of which more than 10,000 members are still serving in Govt. The Society is managed by a Board of Directors (14 Directors)..

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