To examine the procurement and warehousing activities of MARKFED and HAFED
For the purpose of survey, 20 employees from the head offices of MARKFED and HAFED at Chandigarh and Panchkula respectively and 60 employees from the selected five district offices (taking 12 from each) were selected on the basis of convenient sampling method.
In Punjab and Haryana, firstly, mandis or purchase centre are allotted to procurement agencies like MARKFED and HAFED. These agencies can be allotted mandis exclusively or jointly with other agencies.
HAFED is one of the State procuring agencies for procurement of foodgrains for central pool and was set on 1st November, 1966.
To examine and compare the financial health of MARKFED and HAFED.
The study is based on secondary data collected from the annual reports and the annual accounts of MARKFED and HAFED. The period of study is from 2000-01 to 2010-11.
Interpretation of Z-score model Category Z-score value Inference/Implications I Below 1.81 Distress Zone /Bankruptcy zone II 1.81-2.99 Grey Zone III Above 2.99 Safe Zone Financial Analysis of MARKFED and HAFED
The financial analysis of MARKFED and HAFED has been studied on the basis of various financial indicators and financial ratios.
a) Collection of Data: The data has been collected from the annual reports and the annual accounts of HAFED for a period of ten years from 2000-01 to 2009-10.
To determine the overall liquidity position of HAFED a comprehensive test based on the sum of scores of separate individual ranking under five criteria i.e.
Size and Financing Pattern of Working Capital in HAFED
In HAFED, investment in current assets was 86.53 per cent of the total assets in the year 2010.