ERCMPU finances focusses on infrastructure growth

The Ernakulam Regional Cooperative Milk Producers’ Union (ERCMPU) comprising Ernakulam, Kottayam, Idukki and Thrissur districts has offered a ₹822-crore finances for the present monetary yr that may assist revive the dairy sector hit by the pandemic. The main focus is on growing primary infrastructure for which ₹36 crore has been allotted, mentioned John Theruvath, chairman of the regional milk union.

The milk union may even proceed its growth programmes and welfare measures with the help of the Union authorities, he mentioned. The union will contribute ₹5.05 crore to the welfare fund for dairy farmers and in addition use ₹1.35 crore in the direction of serving to farmers overcome the rise within the value of cattle feed, he added. One other ₹1.30 crore has been put aside for offering subsidy to loans on shopping for milch animals and gear like milking machines.

The milk union has additionally determined to supply insurance coverage cowl for the buildings owned by major dairy cooperatives. The step has been taken in view of the truth that a number of of the milk cooperatives had seen the destruction or partial harm of their constructing amenities in inclement climate situations, Mr. Theruvath added. An quantity of ₹30 lakh has been put aside within the finances for major cooperatives to assemble their very own buildings for milk procurement and different operations.

The milk cooperative has determined to supply steady coaching to members of major dairy cooperatives, to financially again operations to regulate ailments in cattle, present incentive for rising the standard of the milk procured and to assist restore gear utilized in major cooperatives the place milk is procured for the central pool.

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