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, 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, the Master Bookkeeper, Community Resource Persons (CRPs), Ward Members, and other community leaders.

The Secretary and BoD of Mendadongri Green Shakti Producer Company, 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 JGSPC. 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 operational expenses—including transportation, labour charges, gunny bag costs, Goods and Services Tax (GST), and other costs—and setting aside reserves for the company and shareholders, the company distributed ₹49,561 as Srama labha (profit dividend) to the primary collectors.

Board members also shared that the company had faced several challenges during its formation and business operations, 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.

Major Decisions Taken

Following detailed discussions, the BoD and shareholders unanimously agreed on the following key decisions:

• Regularisation of BoD meetings:
  A fixed date will be set each month to ensure timely and consistent meetings of the Board.

• Expansion of shareholder base:
  Both Board members and existing shareholders will actively work together to mobilise and enrol new shareholders.

• Coordination with federations:
  Regular coordination meetings will be held with the BLF, Gram Panchayat Level Federation (GPLF), and Community Level Federation (CLF) to strengthen support and alignment.

• Engagement with the Block Development Officer (BDO):
  A meeting will be arranged with the BDO to request a stall for the company at the upcoming ‘MANDEI’ Mahotsav for promotion and market exposure.

• Preparation for the upcoming Harida sale season:
  Regular meetings will be held with primary collectors to plan for the procurement and sale of Harida (Terminalia chebula). The company will also engage with local traders to negotiate and secure the best possible price.

• Updating of company records:
  All company documents and registers will be updated with the support of the Field Assistants.

The AGM concluded with a vote of thanks delivered by the President, acknowledging the collective efforts of all participants and stakeholders. As a gesture of unity and shared responsibility, lunch was jointly arranged by the BoD and the Sarpanch. The Sarpanch contributed 50 kg of rice, while the Board members collected vegetables from the shareholders, reflecting the spirit of cooperation that underpins JGSPC.