28.11.25
First Annual General Meeting of Jamukona Green Shakti Producer Company Held in Nabarangpur, Odisha
The first Annual General Meeting (AGM) of Jamukona Green Shakti Producer Company (JGSPC) was successfully held on 27 November 2025 at the Panchayat premises of Beheda Panchayat, Umerkote block, in Nabarangpur district, Odisha. The meeting witnessed the participation of 97 shareholders, along with key stakeholders, including the newly identified Board of Directors (BoD), the Branch Manager of Utkal Grameen Bank, the Field Officer of the State Bank of India, the Sarpanch, Samiti Sabhya, Block Level Federation (BLF) President, traders, Master Bookkeeper, Community Resource Persons (CRPs), Ward Members, and other community leaders.
The Secretary and BoD of Mendadongri GSPC, Papdahandi block, were also invited to the meeting. They shared their experiences and encouraged the shareholders to remain united and committed to the collective growth of the company.
Major Discussions During the Meeting
The President and BoD presented a detailed briefing on the formation and current status of the Jamukona GSPC. Key points included:
The company’s operational area now covers 10 Gram Panchayats of Umerkote block.
A total of 305 shareholders have joined the company to date.
₹28,000 has been deposited in the bank as share capital, and an additional ₹2,500 is currently held in cash by the company leadership.
During the recent season, the company successfully conducted the sale of 7,167 kg of sal seeds (Shorea robusta), involving 157 primary collectors. After deducting all operational expenses — including transportation, labour charges, gunny bag costs, Goods and Services Tax (GST), and other costs — and after setting aside reserves for the company and shareholders, the company distributed ₹49,561 as Srama labha (profit dividend) to the primary collectors.
The Jamukona GSPC is now preparing for the procurement and sale of Harida (Terminalia chebula) in the upcoming season.
Board members also shared that the company had faced several challenges during its formation and sales processes, including resistance from traders, local leaders, and political groups. Despite these difficulties, the shareholders and leaders remained united and continued their work with determination and resilience.