Categories: Rajkot

Banas Dairy pays Rs 1,132 CR as an incentive to 5.5L members

Palanpur: Manufacturer of Milk Milk Cooperative District BANS District Ltd.
Popularly known as Banas Dairy has announced an incentive RS 1,132 Crore which will be distributed among 5.5 lakh farmers who are members of the Dairy Cooperative.
The announcement was made by the Chairman of Dairy Shankar Chaudhary after the 53rd Annual General Meeting (RUPS) of the Dairy Cooperative on Wednesday at Palanpur, Baneskantha.chaudhary said that incentives would be paid next month and every farmer would get a little more than RS 2 Lakh to be saved directly into their individual bank accounts.
Price difference functions to 14.18%.
Gaudhoah further said that RS 833 Crore was paid to milk producers every month and credited directly to their bank account.
In addition to financial incentives during the pandemic period, Chaudhary also announced an increase in accident insurance protection from Rs 30,000 to RS 1 Lakh for farmers affiliated with Dairy Dairy.
The premium for insurance cover will be paid by Dairy.
To increase electricity savings, Chaudhary announces solar power plants that will reduce power costs by Rs 200 Crore every year.
He also told members of the new milk factory that appeared in Sanadar in Banskantha which was in the sophisticated stage of construction.
At the beginning of the Millennium turnover of the Banas Dairy was around RS 370 Crore which currently stands at RS 13,000 Crore, said Sangram Chudhary, said Sangram Chudhary, said Sangram Chudhary, Managing Director of Bans Dairy who was responsible.

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