The annual general body meeting of Thiruvananthapuram Regional Cooperative Milk Producers Union (TRCMPU), held here today, earmarked ₹2 crore to offset the interest on loans dairy farmers in four southern districts availed themselves of for setting up farms and purchase of milch animals.
A ₹2,853-crore budget was adopted by the general body meeting. The budget covered capital and revenue expenditures.
The ₹2 crore earmarked to offset the interest will cover loans totalling ₹10 crore dairy farmers availed themselves of from banks through the TRCMPU. The scheme is expected to benefit around 10,000 dairy farmers in Thiruvananthapuram, Kollam, Pathanamthitta and Alappuzha districts.