Membership

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Who can become member of the MPC?

A milk producing farmer above 18 years of age can become a member of Baani if he/she owns milch cattle, resides in the village and agrees to follow the terms and conditions of company for becoming member. He/she is required to fill up a membership form and pay registration fee of Rs. 100 for males and Rs. 50 for females.

A milk producing farmer cannot become a member if he/she possesses any business interest which is in conflict with the business of Baani. Only one eligible member of the household can be enrolled as member of MPC.

The applicant receives 16 digits unique code after due approval of MPC Board to pour milk of the required quality and standards to the MPP as member. The date of approval of membership by the board is considered as the date of membership.

How can member continue his/her membership?

A member can continue his membership lifelong by abiding to the following criteria:

  • A minimum of 500 Liters of annual milk supply to MPC
  • At least 200 days milk supply
  • Lean to flush ratio for milk supply should be 1:3 (Lean season is from June to September while flush season is from December to March during the same financial year)
  • Member must own at least five shares (The current value of the share is Rs. 100/-) in the company
  • Subscribe for additional shares matching the annual quantity of milk supplied by agreeing to contribute Rs. 1/- per Liter of milk poured for share capital building.
Different classes of members

There are three different categories of members in the company viz. A, B & C class members. This categorization based on the milk quantity supplied as well as consistency in supplying milk (total milk quantity supplied and total days’ supply) and their share capital contribution.

The details are mentioned in the table below:

Table 1: Classification of Members

Class of Member Based on number of days of milk supplied in a year Based on quantity of milk supplied in a year Lean (June to September) to Flush (December to March) ratio Based on number of share in the company
Class C A minimum of 200 days 500 Liters or more of milk supply 1:3 A minimum of 5 shares (Rs. 500/-)
Class B A minimum of 270 days 4,000 Liters or more of milk supply 1:3 A minimum of 40 shares (Rs. 4,000/-)
Class A A minimum of 330 days and above 10,000 Liters or more of milk supply 1:3 A minimum of 100 shares (Rs. 10,000/-)