Government banks on larger agri credit pie in times of farm unrest
The budget sets the agricultural credit target at `16.5 lakh crore, up from `15 lakh crore in FY21 Finance minister Nirmala Sitharaman said, “We will focus on ensuring increased credit flows to animal husbandry, dairy, and fisheries”. Budget FY22 sets the agricultural credit target at `16.5 lakh crore, up from `15 lakh crore in…
Dairy Farmers , Dairy Products in India : Where does it stands ?
The per capita availability of milk in India was 130 gram per day during 1950-51, which has increased to 374 gram per day in 2017-18. Dairy plays a crucial role in India’s food choices and local cuisines. From sweets, ghee, butter to pure milk and curd, it is consumed across the spectrum. India has emerged…
Heritage Foods reports Rs 26 Crores net profit in Quarter 3, FY 2020-21
Heritage Foods reported -10.04% fall in total revenues for the Dec-20 quarter on consolidated basis at Rs604.92cr. It reported -10.04% fall in total revenues for the Dec-20 quarter on consolidated basis at Rs604.92cr. The dairy products business saw a sharp 15% fall on yoy basis due to the lockdown impacting the downstream retail businesses. The…
DAIRY NEWS Food processing industry accounts for 32 %share of India’s food market
The Global Report on Food Crises (GRFC) 2020 indicates that acute hunger has increased across the globe since the pandemic began in 2013. Packaged food is impacting the food availability of millions of marginalized people. It increases the market value of raw materials in the supply chain and makes large food processing companies major players…
Productivity and Quality of milk is top priority of the Govt : Atul Chaturvedi
Agriculture Today organised India Dairy awards on Jan 30,2021. Key stakeholders from the industry, government and farmer groups attended the function. The policy makers shared the government future plans for the dairy and livestock industry. Ananda Paneer launched their innovative variants during the award ceremony. The winners of these awards in different categories are as…
Productivity and Quality of milk is top priority of the Govt : Atul Chaturvedi
Agriculture Today organised India Dairy awards on Jan 30,2021. Key stakeholders from the industry, government and farmer groups attended the function. The policy makers shared the government future plans for the dairy and livestock industry. Ananda Paneer launched their innovative variants during the award ceremony. The winners of these awards in different categories are as…
India’s milk production grew by 5.7% to reach 198.4 Mill MT in 2019-20
India’s milk production is growing by 35.61% during the last six years to 198.4 million tonnes in 2019-20, says the Economic Survey. “Milk production in the country has increased from 146.3 million tonnes in 2014-15 to 198.4 million tonnes in 2019-20,” the survey said. Compared to 2018-19, it has increased by 5.70 percent according to…
India’s milk production grew by 5.7% to reach 198.4 Mill MT in 2019-20
India’s milk production is growing by 35.61% during the last six years to 198.4 million tonnes in 2019-20, says the Economic Survey. “Milk production in the country has increased from 146.3 million tonnes in 2014-15 to 198.4 million tonnes in 2019-20,” the survey said. Compared to 2018-19, it has increased by 5.70 percent according to…
India must attain global competitiveness in agriculture
Celebrated erudite economists have historically been free-market protagonists. Today, when India is at a crucial juncture of transforming agriculture, the astounding silence of intellectual class is stunning. Amid widespread protests on new reforms, one must explicitly understand that unless Indian agriculture becomes globally competitive, India’s dream to become atmanirbhar is hard to realise. Despite impressive…
Kerala achieves self-sufficiency in milk production
NRI returnees enter dairy sector, add heft Kerala Minister for Dairy Development K Raju has declared that the State has achieved self-sufficiency in milk production. This has been achieved in the face of adverse circumstances including inclement weather and the Covid-19 pandemic, he told newspersons here. “During 2019-20, Kerala State Cooperative Milk Marketing Federation (Milma)…