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DDC settles Rs 480 million dues, eases financial strain on farmers


26 April 2024  

Time taken to read : 2 Minute


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KATHMANDU: The Dairy Development Corporation (DDC) has successfully disbursed dues amounting to Rs 480 million to farmers, providing much-needed relief amidst financial challenges.

In an impressive feat, the DDC accomplished this task within a span of 13 days, coinciding with a surge in the sale of milk products during the month of Baisakh.

Rajendra Prasad Adhikari, Acting General Manager of the Corporation, attributed the expedited payment to the substantial increase in the sale of milk products such as milk, curd, paneer, mohi, lassi, and ice-cream, particularly with the onset of the summer season.

“The summer season has witnessed a remarkable 50 per cent rise in the sale of milk products, thereby augmenting cash flow and facilitating prompt payments to farmers,” Adhikari remarked.

Providing insights into the distribution of payments, sources revealed that Rs 100 million was disbursed in Biratnagar, Rs 10 million in Janakpur, Rs 80 million in Hetauda, Rs 42.5 million in Lumbini, Rs 27.5 million in Nepalgunj, Rs 15 million in Dhangadhi, and Rs 130 million in the Kathmandu region.

The timely settlement of dues by the DDC not only underscores its commitment to supporting the agricultural community but also signifies a crucial step towards ensuring the financial stability of farmers across the nation.

Publish Date : 26 April 2024 11:01 AM

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