DDC Discusses Financial and Management Challenges, Future Plans
Summary
Dairy Development Corporation (DDC) is addressing its financial and management challenges, aiming to reduce payment backlogs and expand its market internationally, following renewed interest from Prime Minister Balendra Shah's social media post about yak cheese.
Key Points
- Prime Minister Balendra Shah's post on yak cheese revitalized DDC, boosting morale among employees, businessmen, and farmers.
- DDC is actively addressing delayed payments to farmers, reducing backlog from 6 months to 3 months and has paid 20 crore rupees recently.
- DDC plans to enter international markets including Japan and Dubai after completing export protocols and aims to upgrade automation despite some old machinery.
- The corporation emphasizes quality products and assures consumers about product safety while managing milk supply to prevent 'milk holiday' scenarios.
