Functions
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The functions of the society can be broadly classified into managerial, operational and input services.
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Managerial
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All the members form the general body, which has supreme powers. The society has a managing committee of 11 members elected among them. The managing committee in turn elects the president. The committee decides the policy, forms the guidelines and employs paid staff such as secretary and assistants for the efficient running of the society. The committee holds the meeting every month.
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Operational
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Every society has a milk collection center and collects milk brought by the producers every morning and evening. The quantity of the milk supplied is measured properly.
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A sample is taken from each producer / pourer for testing the milk for fat percent. The entire milk is pooled and a sample is drawn for testing solids non-fat.
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Every morning and evening a truck from the Union comes to the society for milk collection. Necessary entries are made in the truck sheet. The empty cans are unloaded for the next collection.
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The payment is done on the basis of two axis pricing policy (Fat and SNF %). The producers are paid in cash on a weekly basis. The entries of payment are made both in producer’s passbook and society records.
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The job of accounting starts right from the time the producer supplies the milk to the society. Most of the registers are posted twice a day. The accounts reflect the financial standing of the society at any time. A society prepares its balance sheet on a yearly basis.
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Daily cleaning of all equipments in the society is done to avoid contamination and spoilage of milk.
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Apart from the regular payment for the milk, the society at the end of each year pays bonus to the members based on the profits and dividends to shares.
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The society also performs activities such as disposal of sample milk, local sale of milk, standardization of equipments and chemicals, etc.
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Input services
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The services include AI, veterinary first aid, selling cattle feed, providing quality fodder seeds, organizing meetings, arranging educational tours, cattle insurance, etc.
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Last modified: Tuesday, 6 December 2011, 10:28 AM