The Central Arecanut and Cocoa Marketing and Processing Cooperative Ltd. (Campco) has declared an incentive of Rs. 1.50 per kg to its farmer-members who have sold arecanut to it during 2013-14. The maximum ceiling will be Rs. 10,000 per member irrespective of the quantity sold to it.
The members could avail themselves of the incentive from respective branches of the cooperative from the second week of July, a Campco release said.
The cooperative earned a gross profit of Rs. 56 crore during 2013-14. It has declared a 20 per cent bonus/ex-gratia to its employees, it said.Appointment with PM
Meanwhile, Nalin Kumar Kateel, MP, who visited the Campco office here on Monday promised its president Konkodi Padmanabha on getting an appointment with Prime Minister Narendra Modi at the earliest, the release said.
Earlier, Mr. Padmanabha requested the MP that a delegation of Campco would like to meet Mr. Modi and Union ministers concerned to discuss problems of arecanut growers. Mr. Kateel also discussed issues related to arecanut with Mr. Padmanabha and managing director of the cooperative M. Suresh Bhandary.