Abhay B. SinghMukesh Raushan Ajay B. SinghBrajesh K. Singh Founder Members Shweta Singh
ObjectiveEncourage mutual support, unity for social and economical empowerment bygenerating agricultural or non-agricultural rural entrepreneurial activities byinvolving directly or indirectly, by promoting and financing self help groupswithin the co-operative society.Offer educational opportunities and Training for entrepreneurialimprovement.Promotion of non-conventional energy conservation with techno-support ofresources and utilization along with social awareness in business and tradewithin rural structure and Institutional scheme awareness.Promote , Research and find ways to implement the concept of PanchyatAgronomics for the rural employment and economical activity promotion.
Mission Primary Mission of Vedic Ltd. • Entrepreneurship • Employment • Economic participation • Global village • Recourse Utilization A step to co-operate to be corporate. Economic Activities Social Activities • Aquaculture • Floriculture • Micro financing • Power & Bio-Fertilizer• Skill grooming programs production• Eco-balancing activities • Commercial Crop • Healthcare & nutrition cultivation• Sanitation and issues of • Agro-Eco tourism national interest. • Agri-business center • Contract farming
Ideology We shall participate and practice to welcome inclusive growth by managing or arranging thehuge and effective Human resource, underutilized land and cooperative capital. “Arrangement of resources to be utilized for development ”. A.B. Singh
A Systems View of Business Inputs System is made up Feedback of 4 key Processes parts: Outputs
Panchayat Agronomics Involvement and enhancement of• Employment women income by • Establishment of small &• Associating as self- implementing- medium scale production employment group • family income system. units.• merchandising support by • clean green contract • E-trade points with providing harvest surplus. production. storage and retail shops. • Collection points of • Technological upgrading harvest & trade. to present units. Value addition for Regular income from Secondary sector and primary sector in rural cluster development area. on block level.
Key Factors of Consideration Infrastructure Awareness Management of Recourse Allocation Government Support Active Membership Strong Human Resources Policy Professionalism
Characteristics of VEDIC Open Membership Voluntary Association Sources of Finance & Employment Democratic Management Service & Entrepreneurial Motive Separate Legal Entity Distribution of Surplus Self-Help Through Mutual Cooperation Educational and Training Support Development of Village Agronomics.
VEDIC Ltd.- FeaturesThe Cooperative Amendment Act 1996 made it possible to create co-op societies as companies in democratic system.The objects shall include production, processing manufacture andsale of primary produce and allied matters.Formation of SEG/JLG & SHG producers and persons in every districtas members.Members’ equity is not publicly traded, but can be transferred withapproval of the Board of Directors of the company.VEDIC is not vulnerable to takeover by MNCs and other companies.VEDIC can be converted into a producer company and re-convertedinto an inter-state cooperative society, if the majority so desires.
Board Members (Office Bearers)Abhay B. Singh (President) • Fourteen years of experience in sales & Marketing Management.Brajesh kumar Singh (Treasurer) • Eight years of experience in networking and rural team building.S. P. Singh (vice-President) • Ex Air Force Personal and Trained for Cooperative development.Nand Prasad Singh (Secretary) • Ex Irrigation Engineer of Bihar Government.Shweta Singh (CEO) • Ten years experience in Journalism in print media Core for Support & Decision Making
Board MembersRavikant Kumar (Director) • Plastic Engineer with five years of experience .Mukesh Raushan (Director) • Bio-Tech Engineer with six years of experience in industrial bio-tech.Meena Singh (Director) • Rural women empowerment activist.Shyama Singh (Director) • Educational ,cultural & social activist in rural area.Ajay Bahadur Singh (Director) • Agriculturist and rural team builder.Sonu kumar (Director) • EntrepreneurSudha Sagar Singh (Director) • Social activist. Core for Support & Decision Making
Plan for 1st Year– 5th year• Fishery • Marry gold • Renewable Tech• Prawn culture cultivation Development• Integrated • Rajnigandha • Bio-Mass/ Waste Hatchery • Green/Poli- house Management Development. Cultivation Bio-ToneAquaculture Floriculture Energy • Production • Contract Production Bio-Fertilizer Production.
Stakeholder Aims/Objectives Members profits, dividend s Banks Managers loans repaid on promotion, job time security Stake Holder Employees Customers low wages, working prices, high & social quality conditions, job Suppliers security regular orders, payment
Plan for 5thyear to 10thyear• Huts • Postal • One MT unit• Boats/rafts department establishment• Eco-resort agreement • Ancillary unit • Panchayat of by product agreementAgro-Eco Agri-business Bio- Dieseltourism center Production • Fish product sales • Marketing chain for other producers Aqua hygiene retail chain
five fingers Management team (Board) Managing comities Work force Financial institutions Other SEG & co-op Federations
Role of ManagersMotivating co-operationEnabling employee high performanceTeam leadershipOrganizational issues:• Direction to organization• Goals, vision, mission and valuesFunctional Management ( Financial , Operational etc )Facilitate Communication and Public relations
Social Responsibility Global warming High Fossil Utilization of fuel emissions workers “SR is about how Vedic can manage the business Safety ofFamily Welfare processes to produce an overall employees positive impact on society”
Strategic SupportRequest state governments to act as venture capitalists on givenproposalsVEDIC shall involve into effective deposit mobilization to build ownbendable resources, for profitability and diversified lending.In order to compete in the new economic environment, we shallintensify linkages with NGOs or Self-help Groups or Panchayat andpromotional bodies like NCDC to attract funds and other forms ofassistance from international agencies like world bank etc.
ConclusionProfessionalism in the management of the VEDICshall enhance the quality of the staff with latestdevelopments and also develop appropriate cordialrelationship between the managers, members andboard of directors. We encourage proper andcontinuous training for both cooperative leaders andprofessional executives.The leadership with vision, dedication, commitmentand above all innovative approach can help inpreserving Cooperative Identity in an Era ofCompetition.
Thanks! Let’s Begin The VEDIC Way Of Sustainable Development... www.vediclimited.comContact Us:- 0612-6440430 email@example.com , firstname.lastname@example.org ,Abhay B. Singh : 9939470907 email@example.com, firstname.lastname@example.orgMukesh Raushan: 9973888818 email@example.comBrajesh Kumar Singh: 9334187818 firstname.lastname@example.org