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PRESENT ACTIVITIES:

•  Iron and Steel:

The Corporation is procuring Iron and Steel from prime producers like Steel Authority of India Limited, Rashtriya Ispat Nigam Limited etc. under “State Allocation” from the Ministry of Steel, Government of India. The iron and steel is sold by the Corporation to the SSI units of the Pradesh and to various Government Departments/Corporations/Boards etc.

The Corporation gets an allocation rebate @Rs.550/- per MT on iron and steel materials against state allocation from the Government of India. Since the prices of steel are decontrolled and in order to compete, the Corporation is passing on allocation rebate upto Rs300/- per MT to SSI units. It is also passing on rebate of Rs.200/- per MT on sales to Government Departments. The figures of turnover for the period are as under:-  

Year Quantity (in MTs) Amount (Rs. in lakhs.)
2005-06 36603 9177.76
2006-2007 33830 9174.00
2007-08 18229 5558.82
     

•  Bitumen:

The Corporation has been appointed as Carrying and Forwarding Agent of Indian Oil Corporation at its stock point at Parwanoo in December 2003. The Corporation during the year 2005-06, has sold 17462 drums valuing Rs.435.54 lakhs and has earned a commission of Rs.8.65 lakhs. During the year 2006-07, the Corporation has sold 11116 drums and earned a commission of Rs. 6.09 lakhs. in the year2007-08, the Corporation has sold 6816 drums and has earned a commission of Rs.4.73 laks(tentative).

•  Industrial sheds :

The Corporation has constructed 8 industrial sheds at Parwanoo and 17 industrial sheds at Paonta Sahib. These industrial sheds have been leased out to the SSI units and rent from the sheds is Rs.7.87 lakhs during the year 2003-04, Rs.9.18 lakhs in 2004-05 and Rs.12.98 Lakhs during the year 2005-06, and in year 2006-07 Rs. 17.96 lakhs,and Rs.21.32 lakhs (tentative) in the year2007-08

DIVERSIFICATION OF ACTIVITIES :

This Corporation has also decided to diversify its activities. Accordingly this corporation is supplying articles like sports goods, furniture, furnishing material, stationary articles, linen articles and clothing materials for schools to Government Departments /Boards /Corporations etc. During the year 2004-05 this Corporation supplied goods worth Rs.20 lakhs and earned Rs.1.05 lakhs as service charges @5.25%. Similarly during the year 2005-06, the corporation supplied goods worth Rs.1.15 crore approximately and earned Rs. 6.00 Lakhs approximately.and in the year 2006-07the Corporation sold goods worth Rs.1.52 Crore and earned a commission of Rs.8.04lakhs.in the year2007-08 sale of the Corporation is Rs.2.00 crore(tentative),and service charge is Rs.11.00 lakhs (tentative).

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