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Corporate profile

I.  Company Profile
NSC was incorporated with the objective to promote and develop seed industry in the country and to contribute to the prosperity of farmers through supply of quality seeds and other agro input/services as well as to enhance agricultural productivity. NSC Produces more than one lakhs tones of certified/quality seeds per year covering 600 varieties of 60 crops and hybrids of cereals, millets, pulses, oilseeds, fodder, fibre and vegetables.

Year of incorporation

19.03.1963

Category

Schedule 'B', Miniratna Category-I, CPSE

Ministry

Ministry of Agriculture and Farmers Welfare

NSC is a Schedule 'B', Miniratna Category-I CPSE under the administrative control of Ministry of Agriculture, Department of Agriculture & Co-operation with 100% shareholding by the Government of India. Its registered and corporate office(s) is at New Delhi.

2. Industrial/Business Operations:
NSC is involved in production and marketing of quality seeds, planting materials and sale of Bio-Fertilizer through its 10 Regional Offices, 5 Farms and 77 Area offices spread all over India.
Advent of NSC was a logical result of the revolution that was taking place in plant breeding and genetics. At the time when the nation was facing acute shortage of food grains, NSC became harbinger of Green Revolution. As a result, India became a food grain surplus country from one depending on wheat grain shipments from USA under PL - 480 schemes. Starting with production of 30-40 tones of Maize Foundation Seed, NSC today produces more than 1.5 lakh tones of certified/quality seeds per year covering 600 varieties of 60 crops and Hybrids of cereals, millets, pulses, oilseeds, fodder fibre and vegetable. The physical performance of company during the period 2010-11 to 2015-16 is shown below:  
Production during:

Main products

Unit

2010-11

2011-12

2012-13

2013-14

2014-15

2015-16

Seeds

Quintals

17,96,791

17,17,396

16,02,159

16,02,159

16,02,159

16,02,159


3. Key financial Indicators:
The key financial indicators of the performance of the company during the last five years may be seen from the table below:
Amount in Crores

Particulars

2011-12

2012-13

2013-14

2014-15

2015-16

Total Income

632.04

691.26

738.75

907.62

805.50

Net profit/loss(+)

30.96

44.30

54.07

38.84

43.41

Paid-Up Capital

20.62

20.62

22.68

54.17

57.32

Reserves and Surplus

157.80

197.31

242.20

457.82

484.06

4. Strategic Issues:
The other objectives of the company include to ensure growth over all growth  in every sphere of activities of the corporation for which company plans  to diversify the product mix by increasing more of low volume high value crops, to undertake production and supply of quality seed with more focus on hybrids, oilseed and pulses, to introduce new crops varieties to strengthen and modernize infrastructural facilities to enhance seed production, processing and marketing by expanding growers net-work and through public-private-partnership, to explore new distribution channels, to provide training/extension and other seed related services to the farmers and to expand activities in North Eastern State.

State Farms Corporation of India (SFCI) with its 22000 Hact. Farm has been amalgamated with NSC, now which adds to its capability of producing basic parental material and hybrid lines under direct supervision of experts of the Corporation.

5. Human Resources Management:
The enterprise employed 1558 regular employees (executives 340 ; non executives 1218) as on 31.10.2017 / retirement age in the company is 60 years. It is following IDA 2007 pattern of remuneration.
The total number of Directors in the Company was 5 out of which 2 part-time official - Government nominee, Director(s) and 3 full time functional Director:
(Nos.) Regionwise strength

Region/Farms

A

B

C

D

Total

DW

G.Total

Head Office

44

29

68

33

174

1

175

Bangalore

7

7

20

8

42

1

43

Bhopal

14

21

26

17

78

0

78

Chandigarh

8

10

13

7

38

0

38

Chennai

5

4

11

3

23

0

23

Jaipur

8

15

22

16

61

0

61

Kolkata

8

6

17

10

41

1

42

Lucknow

18

14

36

49

117

4

121

Patna

10

11

16

16

53

0

53

Pune

11

11

23

5

50

0

50

Secunderabad

7

4

22

13

46

10

56

CSF, Hisar

6

4

40

133

183

53

236

CSF, Jaitsar

6

7

42

117

172

66

238

CSF, Sardargarh

8

10

52

119

189

34

223

CSF, Suratgrh

9

9

85

126

229

82

311

CSF, Raichur

6

3

25

28

62

18

80

Grand Total

175

165

518

700

1558

270

1828

 

Executives

340

Board of Directors

4

Non executives

1218

(i) Full time

2

Total Employees

1558

(ii) Non official 

1

Daily Wages

270

(iii) Govt. nominee

1

Working since 1963, under the control of the Ministry of Agriculture of Government of India.
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Beej Bhawan, Pusa Complex,
New Delhi-110 012, INDIA

Phone Nos :
91 011 25846292, 25846295, 25842672,
25841379, 25842383, 25843357, 25842460
Fax: +91 11 25846462, 25842904
mail : nsc@indiaseeds.com
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