Invitation letter for ‘Efficiency Awards – 2023-24’ and Scheme for selection

Invitation letter for ‘Efficiency Awards – 2023-24’ and Scheme for selection

Scheme for distribution of Efficiency Awards for the year 2023-24
1. Only those factories who have submitted application in the prescribed format will be
considered eligible for participation.
2. The cooperative sugar factories, which are having any dues to NFCSF, will not be
considered for awards. The applications shall be accompanied with ‘No Dues
Certificate’ obtained from NFCSF.
3. The factories have been categorized in two zones namely (a) High Recovery Area
(HRA) having Sugar recovery 10% and above and (b) Other Recovery Area (ORA) i.e.
recovery below 10%. The States falling under these two categories are as under:-
a. High Recovery Area (HRA) – South Gujarat, Maharashtra and Karnataka.
[Note: South Gujarat comprises districts of Surat, Valsad, Bharuch and Narmada
in Gujarat State].
b. Other Recovery Area (ORA) – Areas other than those specified at (a)
above.
4. If the actual installed capacity of the sugar mill is more than the licensed capacity, the
actual installed capacity shall be reckoned for arriving at normative capacity.
Submission of Form I (1) is essential. Similarly, for consideration of Cane Development
Awards, normative capacity arrived at based on actual installed capacity shall be
considered. Applications without copies of Form I (1) and RT 8 (C) shall not be
considered for award under ‘Technical Efficiency Category’.
5. No factory shall be eligible for more than one award in a particular year. In case, a
factory is found eligible awards in for more than onecategory, the sugar factory shall be
considered for award in only one category as per the recommendation of Selection
Committee.
6. For evaluation of overall performance sugar factory weightage for the marks obtained
in various categories is given as under:
a. Financial Management- 40%
b. Cane Development – 30%
c. Technical Efficiency – 30%
100%
7. Evaluation of financial performance shall be based on the figures indicated in the
audited Balance Sheet and Profit & Loss Account of the sugar factory. Therefore, duly
attested copies of previous two years’ audited balance sheets and Profit & Loss
Statements shall be furnished with the application for award under ‘Finance Category’.
Applications without audited accounts shall not be considered.