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Started 2 days ago · Updated 19 hours ago

Dairy Development Corporation Pays Rs 120 Million to Farmers Amidst Outstanding Dues

Photo · english.makalukhabar.com

The state-owned Dairy Development Corporation (DDC) has paid Rs 120 million to dairy farmers, settling a portion of its outstanding liabilities. According to the DDC, this payment is part of an effort to clear approximately Rs 580 million owed over the past four months, with Rs 460 million still remaining. The corporation is disbursing around Rs 10 million daily following the implementation of reform measures.

  • The DDC has paid Rs 120 million out of a total of Rs 580 million owed to dairy farmers over the last four months.
  • The remaining outstanding amount to dairy farmers is approximately Rs 460 million.
  • The Dairy Development Corporation is currently disbursing around Rs 10 million daily to farmers.
  • These payments are being made following the implementation of reform measures aimed at improving the DDC's financial and operational performance.
  • Private dairy industries reportedly owe farmers nearly Rs 3 billion, indicating a broader payment crisis in the sector.

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Ministry of Forests and Environment Dairy Development Corporation Gita Chaudhary

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