CSR: MoU signed with Tamil Nadu Government to expand ‘Bharat Sanjeevani’ initiative
Bharat Financial Inclusion Limited (100% subsidiary of IndusInd Bank) and IndusInd Bank have signed a Memorandum of Understanding (MoU) with the State Government of Tamil Nadu for their Corporate Social Responsibility Programme, Bharat Sanjeevani. This initiative, in collaboration with AAVIN – Tamil Nadu Co-Operative Milk Producers’ Federation Limited (TNCMPFL) under the Dairy Development Department, Government…
Milk major Aavin hikes prices of popular ice creams in T.N.
Four variants of Aavin ice cream that have chocolate as the main component, will cost a few rupees more from Sunday, March 3, 2024, onwards. The Tamil Nadu Co-Operative Milk Producer’s Federation Ltd. (Aavin) has increased the prices of the popular chocobar (65 ml) from ₹20 to ₹25; the vanilla ball (125ml) from ₹28 to…
Notice served on six milk societies’ boards in Salem
The Deputy Registrar (Dairy) on Saturday served notice on the boards of six primary milk producers’ cooperative societies that were not functioning properly as per the Cooperative Act. In Salem district, there are 810 primary milk producers’ cooperative societies with over 49,000 members. On an average, five lakh litres of milk are procured per day…
Consumers deplore hike in price of milk in Manapparai
A cooperative milk society in Manapparai, attached to Tiruchi Aavin, has increased the price of milk by ₹5 per litre to its regulars in the town. According to sources, the R. 985 Manapparai Milk Producers Cooperative Society procures about 22,000 litres per day from 65 centres in and around Manapparai. Of this, it supplies about…
Aavin pays out of pocket as TN govt yet to approve milk price hike
Citing fund crunch and escalating debts, the state government has asked Aavin to independently handle the additional expenses owing to a hike in milk procurement prices by Rs 3 per litre since December 18. Aavin, which has been grappling with fund shortage, requires Rs 27-Rs 28 crore a month (Rs 325 crore a year) to…
CM Stalin directs Aavin to hike procurement price of milk
Chief Minister M.K. Stalin on Wednesday directed the Tamil Nadu Cooperative Milk Federation, Aavin, to hike the procurement price of milk by ₹3 per litre from December 18. Farmers selling milk to Aavin’s primary cooperative societies will now get ₹38 per litre for cow milk and ₹47 per litre for buffalo milk. The announcement comes…
Aavin’s milk sales go up, cross 15 lakh litres per day, says Minister
Aavin has increased milk sales from over 14.3 lakh litres per day in Chennai during May this year to over 15 lakh litres per day now, Minister for Milk and Dairy Development T. Mano Thangaraj said on Monday. During an interaction with The Hindu at the Secretariat, Mr. Thangaraj said the revenue from the sales of milk…
Aavin has been operating at a loss of Rs 700 crore since May 2021
Aavin, the largest dairy co-operative of Tamil Nadu and a trusted brand among the households, is now facing a downfall in the market due to reduction in supply of its products, alleged sub-standard quality (with reduction in fat content) and lack of distribution. It was May 7, 2021. Chief Minister MK Stalin signed an order…
Hi-tech dairy to come up in Namakkal Aavin at ₹89.28 crore: MP
Rajya Sabha member K.R.N. Rajeshkumar said that a government order (GO) had been issued to set up a hi-tech dairy in Namakkal at ₹89.28 crore. On Monday, Minister for Forests M. Mathiventhan, handed over the GO to Mr. Rajeshkumar in the presence of District Collector S. Uma and MLAs P. Ramalingam and K. Ponnusamy. Mr….
Aavin to stop sale of standardised milk packs throughout TN
State-owned Aavin has decided to cease the sale of standardised milk (green packets) throughout the state starting from November 25 (Saturday) as part of cost-cutting measures. The green pack has been a much sought-after variant of Aavin for more than 40 years as its market share stands at 40% in Chennai out of 14.75 lakh…