Amul raises farmers' income four-fold in seven years

Turnover of GCMMF has registered quantum growth of 238%, which implies CAGR of 19%

Farmers supplying milk to Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) have witnessed four-fold increase in their income over the last seven years, claims the company, which markets the popular Amul brand of milk and dairy products.

While farmers' per litre milk realisation has doubled to Rs 49 a litre (Rs 680 per kg of fat) in the financial year 2016-17 from Rs 24.30 a litre ( Rs 337 per kg of fat) in 2009-10, overall milk procurement of the cooperative has also doubled during this period to 17.65 million litres per day from 9.09 million litres per day.

"This effectively shows