Amul milk producers to get payment directly from banks

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New Delhi, November 23, 2016: (UNI) AMUL Chairman Jethabhai Patel today announced that in view of the demonetisation of currency notes by the Central Government, AMUL will pay milk producer members for their milk price through direct credit in their bank accounts.

He informed that 60 per cent of milk producers already have bank accounts, but, due to some vested interests, the payment was made in cash.

”We are in the process of opening of bank accounts for milk producers, who do not have their bank account. We have been stressing for the need to go for cashless transactions for the last couple of years. We have asked all our dairy unions to help farmers open their bank accounts in the next couple of months,” he said. –United News of India