Lok Sabha Question No. 471 (STARRED), answered on 2022-04-05
Subject: Losses suffered by Subsidiaries of NDDB
Ministry: FISHERIES, ANIMAL HUSBANDRY AND DAIRYING
Asked by: Ramya  Haridas

## GOVERNMENT OF INDIA

## MINISTRY OF FISHERIES, ANIMAL HUSBANDRY AND DAIRYING

## DEPARTMENT OF ANIMAL HUSBANDRY AND DAIRYING LOK SABHA

STARRED QUESTION No. *471

TO BE ANSWERED ON THE 05TH APRIL, 2022

## LOSSES SUFFERED BY SUBSIDIARIES OF NDDB

## *471. MS. RAMYA HARIDAS:

Will the Minister of FISHERIES, ANIMAL HUSBANDRY AND DAIRYING मत्स्यपाऱन , पशुपाऱन और डेयरी मंत्री

be pleased to state:

- (a) whether some subsidiaries of the National Dairy Development Board (NDDB) have been suffering losses for many years and if so, the details thereof;
- (b) the reasons for such huge losses suffered by subsidiaries of NDDB; and
- (c) whether the Government proposes to take any corrective steps to check such losses and if so, the details thereof?

## ANSWER

THE MINISTER FOR FISHERIES, ANIMAL HUSBANDRY AND DAIRYING (SHRI PARSHOTTAM RUPALA)

- (a) to (c): A statement is laid on the Table of the House.

STATEMENT  REFERRED  TO  IN  REPLY  TO  PART  (a)  TO  (c)  OF  THE  LOK  SABHA STARRED QUESTION NO. *471 FOR 05.04.2022 REGARDING LOSSES SUFFERED BY SUBSIDIARIES OF NDDB.

- (a) Year-wise details of Profit after tax/loss incurred by each Subsidiary company of National Dairy Development Board from 2011-12 to 2020-21are as under:

(Rs. in crore)

| Financial Year   | Indian Immuno- logicals Limited   | Indian Dairy Machinery Company Limited   | Mother Dairy Fruit & Vegetable Pvt. Ltd.   | NDDB Services*                                      | Dairy                                               |
|------------------|-----------------------------------|------------------------------------------|--------------------------------------------|-----------------------------------------------------|-----------------------------------------------------|
|                  | Profit after tax / loss(-)        | Profit after tax / loss(-)               | Profit after tax / loss(-)                 | Excess of income over Expenditure after tax/loss(-) | Excess of income over Expenditure after tax/loss(-) |
| 2011-12          | 13.31                             | 0.72                                     | 2.20                                       | 0.09                                                |                                                     |
| 2012-13          | 25.89                             | -13.07                                   | 30.40                                      | 2.15                                                |                                                     |
| 2013-14          | 39.70                             | 6.19                                     | 3.31                                       | 1.86                                                |                                                     |
| 2014-15          | 40.45                             | 5.69                                     | 39.04                                      | 4.57                                                |                                                     |
| 2015-16          | -44.01                            | 15.65                                    | 159.08                                     | -0.35                                               |                                                     |
| 2016-17          | 22.47                             | 14.56                                    | 105.51                                     | -3.46                                               |                                                     |
| 2017-18          | 52.59                             | 15.09                                    | 36.72                                      | 0.79                                                |                                                     |
| 2018-19          | 85.23                             | 18.71                                    | -97.55                                     | 0.13                                                |                                                     |
| 2019-20          | 252.87                            | 32.26                                    | -164.40                                    | -4.60                                               |                                                     |
| 2020-21          | 48.54                             | 14.11                                    | 180.80                                     | 2.16                                                |                                                     |
| Total            | 537.03                            | 109.90                                   | 295.12                                     | 3.35                                                |                                                     |

During  the  last  10  years  period  as  mentioned  above,  Indian  Immunologicals  Limited  has incurred loss only in one year in 2015-16, IDMC Limited has incurred loss only in one year in 2012-13,  Mother  Dairy  Fruit  &  Vegetable  Pvt.  Ltd.  has  incurred  losses  only  in  two  years  in 2018-19 and 2019-20 while NDDB Dairy Services is a not-for-profit Section 8 Company.

- (b) The  losses  incurred  by  the  Subsidiary  Companies,  in  one/two  years  are  not  abnormal considering the market dynamics. In fact, over the period of last 10 years, each of the Subsidiary Companies of NDDB has  registered cumulative Profit/ Excess of Income over Expenditure.

The cumulative Profit after Tax/ Excess of Income over Expenditure during this period for all the four  Subsidiary  Companies  have  been  Rs.  945.39  Crore.  Subsidiary  Company  wise  details  is provided in the table below:

| Subsidiary Company of NDDB              | Parameter (2011-12 to 2020-21)                |   Amount (Rs. in Crore) |
|-----------------------------------------|-----------------------------------------------|-------------------------|
| Indian Immunologicals Limited           | Profit after Tax                              |                  537.03 |
| IDMC Limited                            | Profit after Tax                              |                  109.9  |
| Mother Dairy Fruit &Vegetable Pvt. Ltd. | Profit after Tax                              |                  295.12 |
| NDDB Dairy Services                     | Excess of Income over Expenditure (After tax) |                    3.35 |
| Total                                   |                                               |                  945.39 |

*****