Hatsun Agro Partners Odisha Govt & SBI for 'Go-Dhan' Dairy Farmer Initiative
Hatsun Agro Product Ltd. has partnered with the Government of Odisha and State Bank of India to launch 'Go-Dhan', an initiative to empower 6,000 dairy farmers across 15 districts in Odisha. The program will provide financial support, access to government schemes, and promote modern dairy practices over the next three years.
This initiative is significant for farmer empowerment and regional economic development in Odisha, potentially leading to increased milk procurement and market expansion for Hatsun Agro. However, its direct financial impact on the company's overall revenue is not immediately quantifiable without further details on scale and timelines.
The initiative aims to empower dairy farmers, improve their livelihoods, and strengthen the dairy economy in Odisha, which is a positive development for the company and the stakeholders involved.
Hatsun Agro Product Ltd. (HAPL) has launched 'Go-Dhan', a flagship initiative in collaboration with the Government of Odisha and State Bank of India, aimed at empowering dairy farmers in Odisha. The initiative seeks to improve access to financial support, government schemes, and modern dairy practices for farmers.
The formal launch ceremony took place at the OUAT Auditorium in Bhubaneswar and was attended by key dignitaries including Sri Prem Chand Chaudhary, Secretary, Department of Fisheries & Animal Resources Development, Government of Odisha, and Sri Rakesh Kumar Yadav, Chief General Manager, State Bank of India. Mr. R. G. Chandramogan, Chairman of Hatsun Agro Product Ltd., was also present.
'Go-Dhan' is projected to benefit 6,000 dairy farmers across 15 districts in Odisha over the next three years. It will provide enhanced access to institutional finance and government subsidies, such as the Mukhyamantri Krushi Udyog Yojana (MKUY), to facilitate investment in quality cattle breeds, improved housing, farm mechanization, and herd health management. The initiative aims to foster sustainable dairy development by addressing critical needs like finance, scientific farm management, and productivity enhancement.
Mr. R. G. Chandramogan, Chairman of Hatsun Agro Product Ltd., stated that the company has a long-standing commitment to the dairy sector and aims to support the establishment of over 6,000 dairy farms through this initiative, thereby improving farmer incomes and creating a sustainable dairy ecosystem in Odisha. He expressed gratitude to the partners for their collaboration in transforming Odisha into a dairy-rich state.
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