State govt will give Rs 100 Crores to KMF if they start a cooperative bank
Suggesting that the Karnataka Milk Federation (KMF) should start its own cooperative sector bank for milk producers, Chief Minister Basavaraj Bommai on Wednesday announced that the State government will provide the initial capital of ₹100 crore if it comes up with a proposal. “You have a revenue model and if you choose to open a […]
Karnataka milk Federation seeking Rs 867 Cr Working capital loan to pay to farmers
Karnataka Federation has 14 district unions and none of them have defaulted in their payments to the farmers. There has been a decline in demand of milk and milk products in last two months. The unions have decreased milk prices twice in the range of Rs 2.5 to Rs 3.5 per liter which involved around […]