Economy
Malabar Milma Faces Action Over Financial Irregularities

Malabar Milma Faces Action Over Financial Irregularities

The Hindu2h
THE BRIEF
1

Kerala's Department of Dairy Development directed further action against Malabar Milma following an inspection that found financial and administrative lapses.

2

The inspection flagged an alleged ₹27.45 lakh loss at the Kasaragod dairy due to advance procurement of substandard milk without proper quality checks.

3

The department also questioned stock records worth ₹84.45 lakh at the Malappuram dairy and the utilisation of a ₹50 lakh development grant.