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Products Categories |
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Milco Factories |
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Milco Regional Office |
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Milco Milk Procurement |
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Our goal is to develop the Dairy Industry through increased productivity and up liftment of socio economic standards of the Dairy Farmer and get high quality raw milk to meet the requirements of the Company.
To achieve this, we organize farmers into village level Self Managed Societies which are called "Farmer Managed Societies" (FMS). These FMSs managed by the farmers empower them to face their challenges such as getting the correct price for their milk, obtaining input services, social welfare etc., collectively.
Up to now we have established 2300 such FMSs in this network. Around 65,000 Farmers (Members) are benefited by this. In turn this network help us to get 150,000 liters of high quality raw milk daily, which is more than 40% of the national milk collection.
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| We also provide following services to the farmers through the FMSs: |
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Benefits of FMSs for Farmers
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To reach our vision, it is our responsibility to form an island wide milk collecting structure in order to collect more milk and give a better service to the farmers. Hence, we have formed 910 Farmer Managed Societies in various parts of the country, which give the opportunity for farmers to get their correct price for milk without interference of any middlemen. We also maintain high quality of milk through this program to assure the best of our products of the customers.
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Pension Scheme Project“SURAKSHA”
The MILCO Farmer Social Security Fund (MFSSF) was established in 16th of September 2003 to facilitate welfare of MILCO farmers with 10 nos of benefits. At present, it is functioning in better way with good financial support and facilitating 27 nos of benefits. Monthly, around Rs. 1Mn – 3Mn has been paid for 250 – 300 nos of beneficiaries.
With the purpose of strengthen the farmer base moreover, the new pension scheme project named “SURAKSHA” has introduced as 27th benefit.
In this context, basically the farmers should fulfil two major requirements as minimum age of 70 years and minimum continuous milk supply to MILCO for 20 years to be eligible. Initially, usual contribution to the fund would be enough to pay both MFSSF beneficiary payment and the Pension which is starting from Rs. 2500 for targeting 180 nos of farmers. |
| BENEFITS TO FARMERS UNDER MILCO FARMERS SOCIAL SECURITY FUND |
| 01 |
DEATH OF A MEMBER |
Rs.75,000 |
| 02 |
CANCER TREATMENT |
Rs.30,000 |
| 03 |
BYPASS OPERATION |
Rs.50,000 |
| 04 |
KIDNEY FAILURE |
Rs.30,000 |
| 05 |
PERMANENT DISABILITY |
Rs.50,000 |
| 06 |
PARTIAL DISABILITY |
Rs.25,000 |
| 07 |
UNIVERSITY ENTRANCE |
Rs.25,000 |
| 08 |
MARRIAGE OF A MEMBER |
Rs.15,000 |
| 09 |
MARRIAGE OF A CHILD |
Rs.3,000 |
| 10 |
DEATH OF A FAMILY MEMBER |
Rs.10,000 |
| 11 |
PUBERTY OF A DAUGHTER |
Rs.5,000 |
| 12 |
YEAR 5 SCHOLORSHIP |
Rs.7,000 |
| 13 |
CHILD BIRTH |
Rs.3,500 |
| 14 |
LOSS OF VISION/HEARING |
Rs.5,000 |
| 15 |
YEAR 1 ADMISION |
Rs.4,500 |
| 16 |
STUDY PACK FOR YEAR 5 SCHOLORSHIP |
Rs.1,500 |
| 17 |
STUDY PACK FOR GCE O/L |
Rs.1,500 |
| 18 |
75 YEARS OLD MEMBER |
Rs.50,000 |
| 19 |
15 YEARS WORKED AS SECRATORY |
Rs.20,000 |
| 20 |
DEATH OF SPOUSE |
Rs.50,000 |
| 21 |
BYPASS OPERATION OF SPOUSE |
Rs.25,000 |
| 22 |
CANCER TREATMENT OF SPOUSE |
Rs.15,000 |
| 23 |
PERMANENT DISABILITY OF SPOUSE |
Rs.25,000 |
| 24 |
PARTIAL DISABILITY OF SPOUSE |
Rs.12,500 |
| 25 |
KIDNEY(FAILURE/REMOVE SURGERY) OF SPOUSE |
Rs.15,000 |
| 26 |
DEATH OF MEMBER’s CHILD |
Rs.50,000 |
| 27 |
FARMER PENSION SCHEME |
Rs.2,500 |
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