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Business Economy

TSGCC achieves Rs 200 Cr turnover in 2019-20 (till Dec’19)

Hyderabad, Jan 25 (UNI) Telangana State Girijan Cooperative Corporation Limited (TSGCCL) has achieved Rs 200.21 crore turnover against Rs 256.89 crore target up to December 2019 of current financial year.
The Corporation has set a target of Rs 400 crore for the full financial year 2019-20, however in the previous year, the corporation had achieved Rs 237.75 crore against the target of Rs 250 Crore, the Corporation said in a release here on Saturday.
TSGCC Chairman and Telangana Government Secretary (ST Development), Benhur Mahesh Dutt Ekka, who conducted 5th TSGCC Board meeting here on Friday, also reviewed the activities of the Corporation for the year 2018-19 and 2019-20 (up to December, 2019).
The Chairman also reviewed audit status of TSGCC and instructed to complete immediately to know the financial position of the corporation.
After Bifurcation of the state, establishment of TSGCC, it has focused on rural industrialization to strengthen the Corporation, the Chairman said that its main focus is on Value Addition and Entrepreneurship Development through MSME Plan of GoI to eradicate unemployment among Tribal youth.
The TSGCC has established Glycerine soap and Shampoo making units at Bhadrachalam and Utnoor through Joint Liability Group (JLGs) and Detergent soap making unit at Eturunagaram, said TSGCC Chairman.
To create more employability for Tribals in agency areas, the Corporation has proposed to establish 21 petrol outlets and as on 5 petrol outlets have started functioning in Mulkalapally, Gundala in Bhadrachalam Division, Kothaguda in Eturunagaram Division, and Kerameri and Tiryani in Utnoor Division, said Mahesh.
The Chairman also reviewed the progress of Millets based food processing unit of Nutribasket, Dal Processing Unit and Chikky Making Units in ITDA of Utnoor, Eturunagaram and Bhadrachalam in collaboration with ICRISAT.
TSGCC Commissioner and Vice-Chairman and Managing Director Dr. Christina Z Chongtu also present.
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