In a bid to prevent exploitation of milk farmers by dairy cooperatives, Maharashtra govt proposes that the profit-sharing in the dairy co-operatives should be similar to the sugar co-operatives sector, in the ratio of 70:30.
A source in the dairy development said “After the cabinet ratification of the 70:30 formula, the profit margin of the farmers would increase. In the present context, the supply of milk per litre would be at Rs 30 to 32.”
With the Congress-NCP having hold on most of dairy cooperatives and unions across Maharashtra, the decision is likely to have far reaching consequences, reports Indian Express.
There are 11.6 lakh members in co-operative dairy societies, and 1.43 lakh in cooperative dairy unions in Maharashtra according to officials in the Commissioner for Cooperative and Registrar Cooperative Societies.