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With a 5.52% rise in turnover, Milma registers ₹4346.67 crore in FY24

The Kerala Co-operative Milk Advertising Federation (KCMMF), popularly generally known as Milma, has garnered a turnover of ₹4346.67 crore in FY24, posting a 5.52 per cent improve towards final 12 months. The turnover final 12 months was ₹4119.25 crore.

The corporate’s 51st AGM additionally authorised a income price range of ₹589.53 crore and a capital price range of ₹70.18 crore. Apart from, as Onam present to farmers, Milma introduced a cattle feed subsidy of ₹100 per every bag for 50 days.

Noting that the rise in value has compelled many dairy farmers to surrender the sector, the assembly handed resolutions urging the federal government to implement complete tasks to help and additional strengthen the sector in order to draw extra individuals to it.

  • Additionally learn: Milma plans to scale up milk manufacturing, aligning with Govt schemes: Chairman 

The corporate Chairman Okay S Mani mentioned Milma has been implementing a slew of tasks specializing in rising milk manufacturing and the well-being of dairy farmers.

Milma and its regional unions have adopted varied measures to maintain cattle feed value at reasonably priced ranges for farmers. Other than giving extra worth for milk, steps have been taken to supply enticing incentives to farmers to assist them, he mentioned.

The assembly, which handed 10 resolutions, referred to as for round-the-year cattle feed subsidy for farmers.

The opposite resolutions included offering cost-effective medical help, insurance coverage cowl for dairy farmers and cattle, interest-free loans for getting cattle, conducting a complete survey of cattle and milk manufacturing figures of the state, honest worth for the land of dairy cooperative societies.

They’re additionally making a sure proportion of fund for dairy farmers from the income of personal gamers, who make revenue within the state after acquiring milk from different states at a cheaper price.

  • Additionally learn: Dilip Buildcon wins L-1 bid for Kerala infrastructure challenge



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