Low-interest Loans for Dairy Farmers in Kerala

Kerala Feeds Ltd will soon facilitate low-interest loans to the dairy farmers. Managing Director of the company, B Sreekumar told that an agreement regarding the same has been completed between the State Bank of India and Kerala Feeds to offer loans at 8.9 % interest to farmers via the company.

Mr. Sreekumar was speaking at the inauguration of ‘Snehasaparsham’ project at Thiruvalla, an attempt to help flood-hit dairy farmers in the state by giving 100 sacks of cattle-feed free.

The beneficiaries have been selected by the representatives of the Dairy Development and Animal Husbandry departments.

Chairman of Kerala Feeds, KS Indusekharan Nair, said the PSU also aims to attain self-sufficiency in the production of cattle feed.

Sreekumar added that the State will shortly pass a law, a Feed Act, to guarantee quality. As milk is an important item in daily life, it is essential to ensure the quality too. 

About the Company

Established in 1995, Kerala Feeds Ltd was included under the Companies act 1956 with a production capacity of 500 TPD. Later, the production was increased to 650 TPD in June 2006. It is a Public Sector Undertaking under the control of Kerala Government. The Company produces and sells good quality compounded livestock feed along with feed supplements to dairy farmers at reasonable rates. The manufacturing technology and the Plant & Machinery of Kerala Feeds are one of the best in India.