2 months ago
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As Bengaluru Milk Union Ltd. (BAMUL) is expected to study a grounds turnover of astir ₹3,400 crore by the extremity of the 2025-2026 fiscal year, it has decided to wage ₹1 per litre arsenic ‘Ugadi Bonus’ to 1.27 lakh farmers from whom beverage is procured from April 1 to March 31, 2026. This year, BAMUL has procured 59.39 crore litres of beverage this year, and the ‘Ugadi Bonus’ volition entail an expenditure of astir ₹59.39 crore.
On average, 16 to 18 lakh litres of beverage is procured daily, the beverage national targets to scope 24 lakh mean procurement daily.
“BAMUL, which had reported a nonaccomplishment of ₹14.5 crore, has already reported a nett of ₹60 crore. So far, the turnover this twelvemonth has accrued by astir ₹500 crore. Last year, turnover was astir ₹2,900 crore,” BAMUL president D.K. Suresh told presspersons present connected Thursday. He said that BAMUL has acceptable the people of reaching a turnover of ₹5,000 crore successful coming years.
He said that isolated from paying farmers the Ugadi Bonus, the beverage national has decided to wage ₹5,000 to casual workers, wide the DA dues of ₹4.68 crore to workers, and corroborate the assignment of workers who had not been confirmed successful the past 3 years. BAMUL volition besides supply ₹15,000 to each of 2,300 beverage cooperative societies that volition outgo astir ₹3.45 crores.
