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Kerala Feeds Ltd will facilitate low-interest loans to dairy farmers.
An agreement has been reached between Kerala Feeds and the State Bank of India to provide loans at 8.9 per cent interest to farmers via Kerala Feeds, said B Sreekumar, the company’s Managing Director.
He was speaking at the launch of ‘Snehasaparsham’ project at Thiruvalla, an endeavour to help flood-hit dairy farmers by distributing 100 sacks of cattle-feed free.
The beneficiaries are selected by the representatives of the Dairy Development and Animal Husbandry departments.
KS Indusekharan Nair, Chairman, Kerala Feeds, said the PSU also aims to achieve self-sufficiency in the production of cattle feed.
The State will soon pass a law, a Feed Act, to ensure quality. Since milk is an essential item in daily life, it is important to ensure its quality, Sreekumar said.
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