RBI uses milk supply data for dairy farmer loans
For many farmers or dairy farmers, getting a bank loan is impossible for want of any credit history. But here is a solution: A new platform by the Reserve Bank Innovation Hub that enables a borrower to tap into the data on milk sold by the dairy farmer to Amul or the land records available…
Maharashtra fixes Rs 34/ litre procurement price for cow’s milk
The Maharashtra government on Friday announced a minimum procurement price of Rs 34 per litre for cow milk. This is the lowest rate which dairy firms must pay to farmers to buy milk. The earlier rate was approximately Rs 32. The state plans to revise rates every three months. Consumers fear this could raise milk…
Milk price to be Increased by Rs 3.5 Instead of Rs 5 in Guwahati
With the conclusion of 15-day discussion on the price hike of milk, the Greater Guwahati Dairy Farmers’ Association has decided to increase its price by Rs. 3.50 instead of Rs. 5 on Thursday. The Greater Guwahati Dairy Farmers’ Association and Brihattar Guwahati Go-Palak Sanstha held a 15-day discussion on the latter’s proposal to increase the…
Shah asks NABARD to fix targets for financing rural farm sector
Addressing the 42nd Foundation Day of NABARD in New Delhi, Mr Shah said, a country that has more than 65 percent rural population cannot be imagined without an institution like NABARD. The Cooperation Minister said, for the last four decades, NABARD has proved to be the backbone of this country’s rural economy, infrastructure, agriculture, and…
Government may reduce gst in ghee and butter to 5%
The government may propose reducing goods and services tax (GST) on ghee and butter to 5% from the current 12%, according to government documents reviewed by Mint. The plan comes as retail milk prices have risen by 10.1% in a year and 21.9% over the past three years due to higher feed and fodder costs…
Vipul Chaudhary sentenced to 7 years in prison for graft
A Gujarat court on Thursday sentenced former minister Vipul Chaudhary, 57, and 14 others to seven-year imprisonment after convicting them in the case related to siphoning off ₹750 crore from the Mehsana District Milk Producers Federation, popularly known as Dudhsagar Dairy. The dairy is India’s largest co-operative dairy and part of the Gujarat Co-operative Milk Marketing…
KRRS urges Karnataka govt. to increase milk price to ₹60 per litre
Karnataka Rajya Raitha Sabha has urged the State government to fix the price of milk at ₹60 per litre and do away with the support price of ₹5 per litre being given to milk producers. In a press conference in Shivamogga on Thursday, July 13, H.R. Basavarajappa, State president of the Sangha, said the milk…
Punjab to impart free dairy training to sc farmers-Minister
In order to increase the income sources of Scheduled Castes (SC) farmers and give them opportunity to adopt dairy farming, Chief Minister S Bhagwant Mann led Punjab Government has decided to impart free dairy farming training to SC Candidates. Disclosing this here today, Punjab Animal Husbandry, Dairy Development and Fisheries Department Minister Mr. Gurmeet Singh…
Modi Inaugurates 4000 Cubic Mtr Dung-Based Biogas Plant
Prime Minister Narendra Modi inaugurated NDDB’s 4000 cubic mtr (per day) capacity cattle dung-based biogas plant at Varanasi on 7 July 2023 in the gracious presence of Anandiben Patel, Hon’ble Governor of Uttar Pradesh, Yogi Adityanath, Chief Minister of Uttar Pradesh and other eminent dignitaries. Terming it as a pathbreaking step leading to sustainable dairying,…
Leveraging livestock to double farmers’ income
According to the recently released Basic Animal Husbandry Statistics 2022, the livestock sector had a share of 30.13 per cent in agriculture, at constant prices. India has the largest population of livestock and is a world leader in production of milk, meat, eggs, etc. But it lags in terms of productivity and exports. By leveraging…