One of the beneficiaries of SEaDS is Saima Shar, who is now a budding entrepreneur and an icon of women empowerment in her local community of Union Council Bozdar Wada, Sind. Her struggle started when her husband lost his job and the two were forced to leave their family home. Devastated but determined, Saima set out to make a change and enrolled herself in Engro’s Women Empowerment through Livestock Development project. Soon after joining the project she started working as a Female Livestock Extension Worker (FLEW) going door to door in her village to vaccinate their animals and sell them nutritional products like feed concentrates. But Saima did not stop here, she used her knowledge, contacts and the additional income to get her husband trained in administering Artificial Insemination (AI) on livestock, she used her enterprise skills and helped her husband set up an input store for animal medicine and feed.
Saima also used her influential status as a FLEW to educate other women on the benefits of economic empowerment, this knowledge has helped several women in her community to play increasingly important role in household decision making especially those decisions that pertain to education, hygiene and nutrition of their children.
Through the SEaDS Net project Engro aims to eradicate most of the hindrances that smallholders face in the process of improving quantity and quality of their milk produce. SEaDS Net project is being implemented in Ranipur, which has great strategic importance for Engro Foods and is co-financed by DEG from public funds of the German Federal Ministry for Economic Cooperation and Development. Through this project we have achieved great social impact, over 7000 farmers have been trained and are now experiencing an increased yield of up to 2 liters per day, and this translates into an incremental annual income of USD 320. Additionally 50 female entrepreneurs are successfully running their micro-enterprises and earning an average of USD 1,343 annually.
Strengthening Entrepreneurs and Dairy Stakeholders Network (SEaDS Net) Project
This initiative has made Engro’s milk collection operations more efficient and cost effective. Improved quality means lower procurement costs and increased yield of 2 liters per day means increased capacity utilization of our MCC network.
Saima says that the biggest key to her continued success in influencing the life of her family and the community is making timely decisions. “It takes a lot of effort to put things on paper,” she says. “But you have to be open to communicating about tough issues, which in my case was working in the field alone. That’s why all those members of the community who mocked on me for doing this business, are now following my foot prints.
Selection rice volumes grew by 47.11% in FY21. Consistent performance across geographies., new products scale up on the back of growth in Chintu , 828 , Sampurna KV99,” the company release said.
The company reported FY 21 cotton seed sales volumes lower by less than 2%. “The company gained cotton seed market share in Gujarat and Haryana markets, lost sales in AP and Telangana. Contribution of new products went up from 23.80% to 25.22% of volume. New products include KCH 111, Viplav and Money Maker. Kaveri Seeds reported an increase of 56.19% in vegetable sales volumes. Major growth is driven by hot pepper, tomato, gourds and okra. In Hot pepper KHPH 1213, KHPH 1217 & KHPH 1225, in tomato KTH 354 & KTH 355, in Okra KOKH 1107, in gourds Kaveri 88, Kaveri 67 and Kaveri Hero,” informed the company through the release.
Kaveri Seeds reported an increase of 19.74% in net profit for FY21 at Rs. 311.20 crore. Operational EBITDA margin in FY21 at 28.76% up by 104 basis points compared to FY20. Net sales were higher by 11.39% for the year under review, while the total cash on books of Rs. 533 crore as on 31 March, 2021, reported the company through a news release.
The Board of Directors of Kaveri Seed Company Limited approved the financial results for the quarter and year ended 31st March 2021 at its meeting held in Secunderabad on Saturday, 29th May 2021.
Limited approved the financial results for the quarter and year ended 31st March 2021 at its meeting held in Secunderabad on Saturday, 29th May 2021.
Stock score of Kaveri Seed Company Ltd moved down by 2 in 3 months on a 10-point scale.
The company has reported more than one lakh acres under seed production. GV Bhaskar Rao, chairman, Kaveri Seeds, said “We are encouraged by our performance in what has been a very challenging year. We have leveraged our strengths in R&D to introduce new variants across crops done well to expand our share in the non-cotton segment. A significant benchmark was achieved in our becoming the first seed producer in the world with more than one lakh acres under seed production. With cost rationalization and automation also being key focus areas, our operating margins too have improved. We look forward to enhancing value for all our stakeholders in the year ahead.
Download The Economic Times News App to get Daily Market Updates & Live Business News.
Monsanto Company is a member of Excellence Through Stewardship® (ETS). Monsanto products are commercialized in accordance with ETS Product Launch Stewardship Guidance, and in compliance with Monsanto’s Policy for Commercialization of Biotechnology-Derived Plant Products in Commodity Crops. Only commercialized products have been approved for import into key export markets with functioning regulatory systems. Certain products have been approved for import into key export markets with functioning regulatory systems. Any crop or material produced from this product can only be exported to, or used, processed or sold in countries where all necessary regulatory approvals have been granted. It is a violation of national and international law to move material containing biotech traits across boundaries into nations where import is not permitted. Growers should talk to their grain handler or product purchaser to confirm their buying position for this product. Growers should refer to http://www.biotradestatus.com for any updated information on import country approvals. Excellence Through Stewardship® is a registered trademark of Biotechnology Industry Organization.
We want to hear from you! Fill out the form below with any questions or comments you have about our products and services. Please allow two business days for us to respond. If you need help faster than that, please give us a call toll free at 800.678.3346
South Dakota State Fair
Any grain or material produced from Bt seed can only be exported to, or used in, processed in or sold in countries where all necessary regulatory approvals have been granted. It is a violation of national and international law to move material containing biotechnology traits across boundaries into nations where import is not permitted. Talk to your grain handler or purchaser in advance to facilitate appropriate crop and grain or material handling and marketing.
Roundup Ready® is registered trademarks of Monsanto Technology LLC, used under license by Forage Genetics International, LLC. HarvXtra® is a registered trademark of Forage Genetics International, LLC. HarvXtra® Alfalfa with Roundup Ready® Technology is enabled with Technology from The Samuel Roberts Noble Foundation, Inc. © 2017 Forage Genetics International, LLC
Seeds containing the LibertyLink® trait may be protected under one or more U.S. patents and may be planted only to produce one (1) commercial crop in a single season, and only after signing a Bayer Grower Technology Agreement. It is illegal to save seeds containing the LibertyLink trait for use as planting seed or for transfer to others for use as planting seed.