Core Design Principles of Bapudham MPC.

• Business only with members.
• Active equity in proportion to patronage.
• Member equity in proportion to patronage.
• Patronage based member classes and member class representation on the Board to ensure inclusiveness in governance.
• Appropriate mechanism for member communication and grievance redressal.
• Professionally managed business operations and economy of a scale sufficient to ensure viability and self-sustenance at the earliest.
• Building an efficient value chain management for maximizing returns to members.
• Leveraging technology for information and data management to ensure transparency and deliver need based services.

Membership Eligibility:

Who can be a member of Bapudham MPC :

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

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

The applicant receives a 16 digit unique code after due approval of the Board of MPC 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 a member continue her / his membership :

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

• A minimum of 500 Ltrs. of annual milk supply to MPC
• At least 200 days milk supply in a year
• Lean to flush ration for milk supply should be 1:3
• Member must own at least five shares in the company
• Subscribe for additional shares matching the annual quantity of milk supplied by agreeing to contribute Rs. 1/- per Ltr. of milk poured for share capital building.

Different Classes of membership :

There are three different categories of members in the company as :  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 day’s supply) and their share capital contribution.   The details are mentioned in the table below:

Categorization of Members of Bapudham Milk Producer Company Ltd.

CIN U01110BR2017PTC034288