The Pradeshik Co-operative Dairy Federation (PCDF) has initiated steps to curtail rising prices of milk and milk products due to the increasing market scarcity. The society has decided to empower over 40 small-time dairies to procure milk in bulk, intending to cut costs and raise the milk procurement targets.
The decision has been taken in the review meeting of the society in which managing director Ashok Kumar has passed the aforesaid order in view of rising losses and impending payments to the milkmen across the state. Minister for milk development, Avadhpal Yadav reportedly agreed that PCDF was running into heavy losses since a long time while the state government had actually brought the loss figures to negligible amounts.
The farmers and milkmen, on the other hand have been claiming that the society has around Rs 17 crore of their payments due, owing to which they have begun to sell their produce to private institutions. The Kanpur branch of PCDF has the largest unpaid amount of Rs. 2.2 crores followed by Moradabad, Agra, JP Nagar, Aligarh, Badaun, Muzaffarnagar and Varanasi.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
