The dairy industry helps farmers by creating employment

Milk is the biggest agricultural commodity in India. It contributes 5% to the national economy and directly employs 80 million dairy farmers. Improvement in economic activity, increase in per capita consumption of milk and milk products, change in dietary preferences, and increasing urbanization in India has led the dairy industry to grow by 9-11% in…

GST rate on pre-packaged, pre-labelled dairy & agri products notified

Loose sale continue to be exempted; room rent of ₹5,000 plus in hospital to attract GST Get ready to pay more not just for pre-packaged and labelled curd, lassi, flour, rice etc but also for cutleries. The Finance Ministry has notified GST rates for various goods sold as pre-packaged and pre-labelled beside others. Tax officials have…

GST rates levied on healthy dairying : buttermilk, curd, lassi and paneer

The Goods and Services Tax (GST) Council on Tuesday decided to remove a host of tax exemptions and hike rates for an even larger number of mass-consumption items. It approved a proposal to impose a 12% tax on hotel rooms costing below `1,000 per day and a 5% levy without input tax credit on hospital…

Govt planning to remove gst exemption on dairy products in phases

The Group of Ministers (GoM) formed for GST rate rationalisation met on 17th June 2022, making some key proposals. It shall be placing an interim report before the GST Council, scheduled to meet on 28th and 29th June 2022 at Chandigarh. Sources to media publications claim that the interim report mentions that any of the…

India’s dairy farmers face searing heat

ailas Ramasamy gently guides his cows into a hangar-sized shed, tethers them to their posts, lays out their fodder and cleans the floor. Then, as he steps out, he flips a switch: ceiling fans begin to blow air on the cattle. Ramasamy’s dairy farm is an hour outside southern India’s Bengaluru city. Usually known for…

Dairy farmers gained from increased prices but hit by the fodder crisis

Apart from the heatwave, farm incomes were hit by pests, disease and a bad sowing experience. 1. Dairy farmers had gained from increased prices but were hit by the fodder crisis. 2. Rural families coped with inflation and lower income by reducing spending on essentials and wiping off their savings to spend on essentials and white goods. 3. Non-agricultural…

Dairy farmers gained from increased prices but hit by the fodder crisis

Apart from the heatwave, farm incomes were hit by pests, disease and a bad sowing experience. 1. Dairy farmers had gained from increased prices but were hit by the fodder crisis. 2. Rural families coped with inflation and lower income by reducing spending on essentials and wiping off their savings to spend on essentials and white goods. 3. Non-agricultural…

FSSAI notifies norms for vegan products thus bringing regulatory clarity

Food Safety and Standards Authority of India (FSSAI) has notified regulations for vegan food products bringing much needed regulatory clarity for the nascent but rapidly growing segment in the country. These regulations come at a time when players such as Starbucks and Domino’s Pizza have begun putting vegan, or plant-based protein offerings, on their menu…

Twice a day take some probiotic- Dr N K Ganguly at PSMC

On 23rd May, Verghese Kurien Centre of Excellence, IRMA organized an expert lecture and interactive session with Padma Bhushan Dr Nirmal Kumar Ganguly at Pramukh Swami Medical College, Bhaikaka University. Professor Ganguly is the President of Gut Microbiota and Probiotic Science Foundation of India. He is a former Director General of Indian Council of Medical Research…