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BREAKING NEWS
100Days: Thirike, Neestream and Gopi Make their Way into the India Book of Records
Mahindra And Manulife Agree To Establish 50:50 Life Insurance Joint Venture In India
Interesting Demos on how villages can bridge digital divide mark IEEE’s “Connect a Community” program in Hulimangala
Green Gold Animation Launches “Learn with Bheem,” for Children Aged 2-8+
കാഴ്ചപരിമിതര്‍ക്കായുള്ള വനിതാ ടി20 വേള്‍ഡ് കപ്പില്‍ ഇന്ത്യന്‍ ടീമിന് പിന്തുണയുമായി ഇന്‍ഡസ്ഇന്‍ഡ് ബാങ്ക്
മികച്ച വരുമാനം നേടാൻ സഹായിക്കുന്ന എം.എസ്.സി.ഐ ഇന്ത്യ ഇടിഎഫ് അവതരിപ്പിച്ച് ഡിഎസ്പി മ്യൂച്വൽ ഫണ്ട്
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  • Business
  • KFL Dismisses ‘No Subsidy’ Claims; Threatens Legal Action Against Rumour-mongers

    By NE Reporter on May 14, 2021

    THRISSUR:
    Kerala Feeds Ltd (KFL) today dismissed allegations that the PSU was not extending the state government’s Covid-time subsidy for dairy farmers, adding that the company will be moving legally against those making such “baseless claims”.

    KFL Chairman K S Indusekharan Nair said there was no truth in rumours that the PSU was not keeping its promise in aiding farmers facing the ill-effects of the pandemic.

    Last year, the government had announced a programme for the relief of the state’s dairy farmers who had weathered the pandemic-induced crisis. The scheme facilitated a Rs-400 discount on every 50-kg bag of KFL feed. The farmers were announced eligible to receive the product if they paid the cash minus the subsidy amount.

    KFL said the government chose to not directly disburse the subsidy to the farmers (under the DBT scheme), suspecting that such doing it might delay the supply of the feed. The product-distribution project was carried out efficiently with KFL in association with another PSU, Milma.

    A look at May 2021 accounts will show KFL was selling the product at Rs 85 less than the market price of a bag of cattle-feed. The PSU doesn’t hike prices even if the rates of raw materials keep rising, officials pointed out.

    KFL carries out welfare projects for farmers in its own capacity as a PSU and in adherence to the spirit of the state government, the company’s Managing Director Dr B Sreekumar said. Even amid the second wave of Covid-19, the company has 1,750 tonnes of project ready for disbursal, he added.

    Detractors of KFL won’t win in their efforts to tarnish the image of the company, he said, deploring such evil tactics and calling for the need to defeat them.

    The 1995-founded KFL, which is headquartered in Kallettumkara near Irinjalakuda of this district, produces three varieties of cattle feed, besides feed for goat, hen, rabbit and mineral-rich Keramin and haystacks.

    Iscea

    NE Reporter

    cattle feedCovid-timedairy farmersKFLMilmano subsidy claims

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