Subvention schemes need better targeting in livestock sector
Two sectors that gained traction in rural India in the last five decades are dairy and microfinance. Both involved the latent power of women in the rural areas. About 2 crore people depend upon livestock for their livelihoods; it contributed 16% to the income of small farm households and an average of 14% for all…
Govt to merge two large dairy schemes to aid private sector
The government has decided to merge two dairy-sector schemes – Animal Husbandry Infrastructure Development Fund (AHIDF) and Dairy Processing and Infrastructure Development Fund (DIDF), with a view to making available the funds from the balance outlay to the private sector dairy and meat processing units. The AHIDF was launched in 2000 with an outlay of…
Clarification Regarding Import of Dairy Products
The Government of India is well aware and considerate of the fact that dairying has been a major source of livelihood for millions of dairy farmers in the country and all the schemes/ programmes of the Government are aimed at further strengthening it. However, this is a fact that there has been some demand and…
The Road to India’s Dairy Excellence Dreams
While the country moves forward to achieve dairy excellence, the industry cannot forget that it will be built on the back of millions of dairy farmers and the milch animals they consider as a part of their families. To develop long-lasting and sustainable progress in the dairy industry, we will need to invest in better…
Foreign Trade Policy 2023: EPCG obligation to for dairy exempted
Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal today launched the Foreign Trade Policy 2023 saying that it is dynamic and has been kept open ended to accommodate the emerging needs of the time. He stated that the policy had been under discussion for a long…
FSSAI revises order on curd labelling, allows use of regional names
The Food Safety and Standards Authority of India (FSSAI), on Thursday, revised its order allowing the use of regional common names on labels of curd packets amidst a row in Tamil Nadu over the Hindi term “Dahi”. In a statement on Thursday, FSSAI said that food business operators food can use the term “curd” along…
Bill to regulate milk procurement passed in AP Assembly
The Assembly on Monday passed a Bill to regulate the transactions at the milk procurement centres, enforce safety standards for the produce and protect interests of dairy farmers and the consumers. Minister for Animal Husbandry, Dairy Development and Fisheries Seediri Appalaraju moved the Bill titled A.P. Milk Procurement (Protection of Farmers) and Enforcement of Safety…
Supply of ice cream from the outlets is not restaurant services
The Gujarat Authority for Advance Ruling (AAR) in the case of M/s HRPL Restaurants Pvt. Ltd. Vide Advance Ruling No. GUJ/GAAR/R/2023/08 dated 22.02.2023 Ltd. has ruled that the supply of ice cream from the outlets cannot be classified as the supply of ‘restaurant services’, leviable to GST 18%. In this case, the applicant is engaged in the restaurant business…
Budget could have paid more attention to fodder
Budget 2023-24 has given a boost to the animal husbandry sector. The overall budget for animal husbandry has increased by around 40 per cent (over the 2022-23 Budget Estimate) for its outstanding contribution to the nation’s socio-economic development, particularly during to the recent pandemic shock. A significant part of the total allocation went to the…
Eying To Cash In The Booming Organic Market Via Cooperatives
With estimated global organic food market to be around Rs 10 lakh crore where India’s share is paltry 2.7 per cent, the Government is eying to harness the unlimited opportunities on the platter to boost income of farmers for which it has set up a national level cooperative society for organic products. The first-of-its-kind initiative…