₹340 cr. disbursed by utilising reserve fund, taking loans Ahead of the Deepavali festival, Aavin has settled milk dues of farmers, who are members of the Tamil Nadu Cooperative Milk Producers’ Federation. Around ₹340 crore has been disbursed using reserve funds and by availing top-up loan from a bank on the skimmed milk and butter stocks of the unions. Both these sources contributed equally for the settlement. M. G. Rajendran of the Tamil Nadu Milk Producers Association expressed happiness over this development. “Farmers had managed to tide over the pandemic due to income from the milk. A kind of permanent system should be put in place to ensure that the dues do not pile up,” he said. However, a section
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