Indore Dugdh Sangh to offer advance payments to societies | Latest News India - Hindustan Times
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Indore Dugdh Sangh to offer advance payments to societies

None | By, Indore
Mar 28, 2006 09:15 PM IST

INDORE SAHKARI Dugdh Sangh Maryadit has become the first milk cooperative in the country to offer advance payment to milk societies and milk producers.

INDORE SAHKARI Dugdh Sangh Maryadit has become the first milk cooperative in the country to offer advance payment to milk societies and milk producers.

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HT Image

The Sangh will also launch various schemes and lucky offers in the summer season to help meet milk requirement during the lean period in summers.

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Sangh president Rajendra Singh Baghel said this at the annual general body meeting held here recently. He said the idea behind advance payment was that milk producers must get their money everyday. Milk producers have three options available to receive advance payment from the Sangh. They can take daily, fortnightly or monthly advance payment from the Sangh and supply milk during the paid period.

The Sangh is also expected to earn a net profit of Rs 1.55 crore at the end of this year. The Sangh is planning to provide a portion of profit to milk suppliers on the basis of their supply during the previous year. He said the Sangh will establish electronic milk testers in societies with more than 100 litres of milk collection and electronic weights in societies with capacity more than 300 litres. Computers have also been facilitated at some centres.

Indore Sahkari Dugdh Sangh provides up to Rs 10,000 as medical expenses to families of milk suppliers under the Sanchi Upchar Yojana and Sanchi Bimari Sahayta Yojana.

Various such schemes have helped the Sangh in larger amount of milk collection during 2005-06. The Sangh had collected maximum 1.49 lakh litres of milk in a single day in February.

Sangh general manager Masroor Alam Khan stated a meeting of the Standing Finance Committee was held in the office of Secretary, Animal Husbandry and Dairy Development Department in Krishi Bhawan, New Delhi to discuss the Rehabilitation Scheme of Indore Dugdh Sangh. Khan said the Rehabilitation Scheme was sanctioned in the meeting.

An amount of Rs 15 crore has been allotted to the Sangh for rehabilitation. The Union and State Government will provide Rs 7.50 crore each for the scheme. The duration for the scheme is seven years and the Sangh will get Rs 5 crore every year for the first three years.

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