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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.

We also provide following services to the farmers through the FMSs:
Benefits of FMSs for Farmers
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.

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