Milma’s TRCMPU adopts INR 2853 Cr budget

To offer interest-free loan benefiting 10000 dairy farmers, set aside INR 2 crore offset interest on farmers’ loan

THIRUVANANTHAPURAM, 17 October 2023: The annual general body meeting of Thiruvananthapuram Regional Cooperative Milk Producers Union (TRCMPU) of  Milma, held recently earmarked INR 2 crores to offset the interest on the loans availed by dairy farmers in four southern districts for setting up farms and purchase of milch animals.

A INR 2853-crore budget was adopted by the general body meeting. The budget covered capital and revenue expenditures.

The INR 2 crores earmarked to offset the interest will cover loans totaling INR 10 crore availed by dairy farmers from banks through TRCMPU. The scheme is expected to benefit around 10000 dairy farmers from Thiruvananthapuram, Kollam, Pathanamthitta and Alappuzha districts.

The announcement was made by TRCMPU Administrative Convener Shri N Bhasurangan at the 37th annual general body meeting held at RDR Convention Centre here. 

More than 800 members from the co-operative societies and TRCMPU office-bearers attended the meeting.

The meeting noted that schemes implemented by TRCMPU like silage project and mobile veterinary clinics have received overwhelming response from dairy farmers. The scope of these schemes will be further expanded with the support of the government to ensure that all dairy farmers in the region benefited from them.

The meeting also passed resolutions demanding rectification of flaws in the milk price chart, expeditious realization of the surcharge imposed on the previous Managing Committee and simplification of procedures for providing solatium to the next of kin of deceased farmers.