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The Hindu·2 min read·medium

Malabar Milma in Kerala announces ₹5-crore Onam bonus for dairy farmers

T
The Hindu Bureau
Malabar Milma in Kerala announces ₹5-crore Onam bonus for dairy farmers
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Malabar Milma has announced a ₹5-crore Onam bonus package for dairy farmers in Kerala. The initiative includes an additional milk price payout and subsidies on cattle feed to support nearly 100,000 farmers.

Why it matters

This financial support provides significant relief to the agricultural sector in Kerala during the peak festive season.

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Malabar Regional Cooperative Milk Producers’ Union (Malabar Milma) in Kerala will distribute ₹5.04 crore as an Onam gift to dairy farmers this season.

The package comprises ₹4.2 crore as an additional milk price payout and ₹84 lakh in cattle feed subsidies. Nearly 1,00,000 dairy farmers and around 1,200 primary Anand Pattern Co-operative Societies (APCOS) across the Malabar region will benefit from this initiative, Milma chairman K. S. Mani has said.

An additional milk price of ₹2 per litre will be paid for standard-quality milk supplied to the regional union via the APCOS between June 1 and 30. The additional price for the 210 lakh litres of milk collected during this period totals ₹4.2 crore, which will reach dairy farmers across Malabar’s six districts in the coming days. The decision was finalised during a meeting of the Malabar Milma board, he said.

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