Kozhikode: The Malabar Regional Co-operative Milk Producers’ Union (MRCMPU) of Milma has announced an additional incentive of Rs two per litre for the milk procured from dairy farmers for three months starting from June 1, which also marks World Milk Day.
The decision will increase the procurement price of milk from Rs 45.95 per litre to Rs 47.95/litre, bringing benefit to around one lakh dairy farmers in Palakkad, Malappuram, Kozhikode, Wayanad, Kannur and Kasaragod districts, affiliated to 1,200 primary Anand model dairy cooperative societies.
The decision was taken by the MRCPU board which met here today. Through the hike, around Rs 12 crore will be disbursed to farmers as additional milk price over these periods till August 31.
Also, MRCMPU decided to extend the subsidy of Gomathi Gold cattle feed for another three months from June 1. As per the scheme, farmers are entitled to a subsidy of Rs 250 per 50 kg bag of cattle feed, which is priced at Rs 1420.
Besides, a subsidy of Rs 50 will be given to each 50 kg bag of TMR cattle feed being sold by the trust under Milma Malabar Regional Union. Around Rs five crore will reach the farmers as cattle feed subsidy through the initiative.
This is the first time MRCMPU is providing high milk price and cattle feed subsidy during monsoon season in the same price of five years ago.
Milma Chairman Shri KS Mani and Managing Director Shri James K C informed that the total amount of Rs 17 crore which includes the incentive for milk and subsidy for cattle feed will be handed over to dairy cooperative societies between June 1 and August 31.