Jagadish Agrawal, chairman of the firm, unveiled the fund, which is a part of its Nimbus Helping Hand -- an integrated Corporate Social Responsibility (CSR) campaign.[break]
“We have been extending support in agriculture, education, health and social service for the past few years as part of our social responsibility. We established the fund, keeping in view our responsibility toward farmers who are the major buyers of our products,” Agrawal told a press meet on Sunday.
Through the fund, the firm, which produces Shakti brand of pellet feed for poultry, plans to compensate the farmers if they face loss due to outbreak of the deadly disease in their farms.
“We will provide the amount equivalent to the compensation provided by the government to the affected farmers within a week of the assessment of loss,” Dr Sital Kaji Shrestha, senior manager of Nimbus, told the press meet.
Ananda Bagaria, managing director of Nimbus, said the firm would also launch free insurance scheme for poultry farmers. “Only the farmers buying Shakti pellet feeds for at least six months will be eligible for the compensation,” said Bagaria.
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