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HomeNewsCooperativeMilma boosts dairy farmer incentives amid record ₹4,327 cr revenue

Milma boosts dairy farmer incentives amid record ₹4,327 cr revenue

The payouts included milk price incentives, cattle feed subsidies, and welfare schemes.

Milma

Kerala Cooperative Milk Marketing Federation (KCMMF), known as Milma, increased dairy farmers’ incentives and welfare payments by 79.29 per cent in 2024-25. In 2024-25, the total turnover of Milma stood at ₹4,327 crore, thanks to the improvement in the sale of milk and dairy products.

During the financial year, Thiruvananthapuram, Ernakulam, and Malabar regional unions of Milma together provided ₹225.57 crore to dairy farmers through various welfare schemes, compared to ₹125.81 crore in the previous year. The support extended by Milma during 2024-25 included additional milk price incentives, cattle feed subsidies, and a slew of other welfare payouts to farmers.

The Thiruvananthapuram Regional Cooperative Milk Producers’ Union’s total turnover in 2024-25 stood at ₹1,269 crore. Dairy farmers were given ₹58.39 crore, which is 77.14 per cent of the net profit, through various benefit schemes.

The Ernakulam Regional Cooperative Milk Producers’ Union had a turnover of ₹988.87 in 2024-25, and various benefits totalling ₹65.59 crore (85.80 per cent of the net profit) were provided to farmers. The total turnover of the Malabar Regional Cooperative Milk Producers’ Union of Milma during the financial year was ₹1,622 crore, and it gave out ₹89.64 crore as benefits to farmers, which is 97 per cent of the net profit.

Read More: Get more News from Dairy Sector

The enterprises directly run by KCMMF had a total turnover of Rs447 crore in 2024-25. The federation provided a cattle feed subsidy of Rs11.95 crore in 2024-25.

Milma Chairman KS Mani said, “Wellbeing of dairy farmers and the complete satisfaction of consumers are the core ideals of Milma. The 2024-25 results have once again underscored this.” Milma sets an example for the development of the dairy sector by ensuring consistent procurement prices for the farmers and adopting strategic initiatives to remain the market leader. The sharp increase in welfare provisions will boost the confidence of dairy farmers and attract more people to the dairy sector, he said.

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