To act as an apex cooperative organization for production, procurement, processing, branding, labelling, packaging, storage, marketing and distribution of quality seeds, Strategic Research & Development.
Subscribe to our newsletter!
1 Easy and sufficient availability of improved seeds to the farmers.
2 Increase in production and income of farmers.
3 Economic strengthening of cooperative societies.
4 Seed producing member farmers will be given a share in the form of incentive amount out of the total surplus profit received by the Bharatiya Beej Sahakari Samiti Limited (BBSSL) from seed production.
5 There is a provision to give dividend to all member societies up to a maximum of 20% on their share capital after annual accounting.
Any Co-operative society can join and become a member by subscribing to share capital which shall be paid in full at the time of application of membership:
A State level co-operative society, shall purchase at least 1000 shares of the face value of ₹1,000/- each i.e. ₹ 10,00,000/- (Ten Lakhs Rupees).
A National co-operative society and a multi-State co-operative society, not designated as national co-operative society, shall purchase at least 500 shares of the face value of ₹1,000/- each i.e. ₹ 5,00,000/- (Five Lakhs Rupees).
A co-operative society, other than a State level or primary co-operative society, shall purchase at least 10 shares of the face value of ₹1,000/- each i.e. ₹ 10,000/- (Ten Thousand Rupees).
A primary level co-operative society shall purchase one share of the face value of ₹1,000/- each i.e. ₹ 1,000/- (One Thousand Rupees).
Such class or classes of persons or associations of persons as may be permitted by Central Registrar to become members shall purchase at least 2 shares of the face value of ₹1,000/- each i.e. ₹ 2,000/- (Two Thousand Rupees)
The application for membership must be submitted in the specified form along with full value of shares and admission fee (Rs. 500/-).
There is a provision to give dividend up to a maximum of 20% to all the member societies of their share capital after annual accounting.