Consumerfed fairs register record sales

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Follow us:WhatsappFacebookTwitterTelegram.cls-1{fill:#4d4d4d;}.cls-2{fill:#fff;}Google NewsThe special fairs opened by the Kerala State Co-operative Consumers’ Federation (Consumerfed) for Ramzan and Onam have raked in record sales for the agency, Consumerfed officials said.The total sales from the fairs, which started on July 6, has crossed Rs 181 crore, while the number of outlets set up is 6,032, against the target of 3000 during the season, Consumerfed president Joy Thomas and managing director Riji G Nair said in a statement here.The fairs, which have on sale essential commodities with a rebate up to 52 per cent on open market prices, will continue till August 28. The minimum rebate given on the commodities is 18 per cent.“Thiruvananthapuram district has the highest number of outlets (859) while Thrissur district grossed the highest turnover with transactions worth Rs 15.60 crore. The sales from the 14 district-level fairs touched Rs 125.60 crore while Triveni Super Markets contributed with Rs 46.44 crore and Nanma stores, which work directly under the Consumerfed, netted in Rs 9.06 crore during the period,’’ Joy Thomas said.Of the total turnover, the gross collection from 13 items on which subsidy is given was Rs 145.29 crore while sales from the nonsubsidy items were pegged at Rs 35.82 crore.“We are taking all required measures to run the fairs fool-proof. Those cooperative societies, which were accused of misappropriation and corruption in the past, were sanctioned outlets only after strict scrutiny this time. They were given permission to run the fairs after we were convinced that they would rectify the mistakes and would not indulge in any malpractices,’’ Riji G Nair said.Vegetable Fair: The exclusive fairs for vegetables, launched by the Consumerfed from June 27 to stem spiraling prices, have also exceeded expectations through its 221 outlets. As many as 15 items are sold with a rebate of 30 per cent compared to the open market prices. The gross turnover has touched Rs 3.90 crore so far. Kollam district leads the tally both in number of outlets (24) and turnover (Rs 46 lakh).first published:August 27, 2012, 12:38 ISTlast updated:August 27, 2012, 12:38 IST
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The special fairs opened by the Kerala State Co-operative Consumers’ Federation (Consumerfed) for Ramzan and Onam have raked in record sales for the agency, Consumerfed officials said.

The total sales from the fairs, which started on July 6, has crossed Rs 181 crore, while the number of outlets set up is 6,032, against the target of 3000 during the season, Consumerfed president Joy Thomas and managing director Riji G Nair said in a statement here.

The fairs, which have on sale essential commodities with a rebate up to 52 per cent on open market prices, will continue till August 28. The minimum rebate given on the commodities is 18 per cent.

“Thiruvananthapuram district has the highest number of outlets (859) while Thrissur district grossed the highest turnover with transactions worth Rs 15.60 crore. The sales from the 14 district-level fairs touched Rs 125.60 crore while Triveni Super Markets contributed with Rs 46.44 crore and Nanma stores, which work directly under the Consumerfed, netted in Rs 9.06 crore during the period,’’ Joy Thomas said.

Of the total turnover, the gross collection from 13 items on which subsidy is given was Rs 145.29 crore while sales from the nonsubsidy items were pegged at Rs 35.82 crore.

“We are taking all required measures to run the fairs fool-proof. Those cooperative societies, which were accused of misappropriation and corruption in the past, were sanctioned outlets only after strict scrutiny this time. They were given permission to run the fairs after we were convinced that they would rectify the mistakes and would not indulge in any malpractices,’’ Riji G Nair said.

Vegetable Fair: The exclusive fairs for vegetables, launched by the Consumerfed from June 27 to stem spiraling prices, have also exceeded expectations through its 221 outlets. As many as 15 items are sold with a rebate of 30 per cent compared to the open market prices. The gross turnover has touched Rs 3.90 crore so far. Kollam district leads the tally both in number of outlets (24) and turnover (Rs 46 lakh).

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