APSIDC at Glance


Andhra Pradesh State Irrigation Development Corporation Limited.

 Ø    Incorporated as Company under Companies Act, 1956 vide Regn. No.1783/74-74, 

    Dated:07.09.1974.

Ø      All the shares are held by the Government of Andhra Pradesh and Government of India (GOI share money Rs.95.00 Lakhs).

Ø      Both official and unofficial Directors are appointed by the Government of Andhra Pradesh ( one Director must be from Ministry of Water Resources, GOI, New Delhi).

Ø      Authorized Share Capital of the Company is Rs.140.00 Crores and the paid up Share Capital is Rs.133.81 Crores.

Ø      The accounts of the Company are subjected to Internal, Statutory and A.G. Audits.

Ø      The Memorandum and Articles of Association contains the objectives and Byelaws of the Company.

Ø      As per Article 90, the Government has power and the authority to issue instructions with regard to business and other affairs of the Company including the Administration from time to time and the Board of Directors of the Company shall abide by such instructions of the Government.

Ø      The Corporation had the ‘Staff Regulations’ and approved ‘Standing Orders’ to govern its employees and workmen.

Ø      The main objective of the Company is to execute and maintain the Ground Water and Lift Irrigation Schemes.

Ø      The Corporation executed Ground Water and Lift Irrigation Schemes and maintained till 1995 with its Share Capital and Institutional Finance in the ratio of 1:3.

Ø      As per the recommendations of Subramanyam Committee, the Corporation was subject to major restructuring ( by P.E. Dept. ) during the year 1995.

Ø      As per the changed policy (1995), the Corporation confined its activity to execution of Lift Irrigation Schemes only with the funds made available by the Government of Andhra Pradesh under State Plan, AIBP, Etc.

Ø      All the schemes executed by it and hitherto maintained by it were handed over to the concerned Beneficiary Committees/Societies for maintenance from 1995 onwards.

Ø      The man power of the Corporation was drastically reduced by about 75% (from 2541 in 1995 to 631 in 2004).

Ø      Currently, the Corporation is functioning with 12 Divisions ( headed by Executive Engineer) and two Project Offices ( headed by Project Engineer ) and altogether, the work force available as on the date is 551.  the abstract is given below:

S.No.

Designation

Staff

1

       V.C. & M.D.

1

2

       Engineering Staff

226

3

       Scientific Staff

36

4

       Ministerial Staff

214

5

       Work Charged (crew)

74

 

Total

551
Ø      The Government stipulated that the Corporation should earn sufficient Centage Charges @ 15% on the Capital Works executed by it to meet its Salaries and other Establishment Costs.

Ø      The payment of work bills was brought under Treasury System vide G.O.Ms.No.297, Dated:10.10.2006 of Finance Department.  (Funds are not being released to the Corporation for the sanctioned works).

Ø      The Corporation is having a Legal Cell working under the control of Manager(Admn.), to look after the Court Cases and other legal matters of the Corporation.  As on 28.02.2009, 67 Cases are pending in A.P. High Court and other Courts in Hyderabad.

Ø      S.E., G.M.(Finance) and Manager(Admn) are the Functional Heads for Technical, Finance and Administration Departments in the Regd. Office, Hyderabad as per G.O.Ms.No.50, Dated:15.11.2001 (PE Dept.).