Cabinet approves Rs 2000 Crore grant in aid to NCDC

Rs 2000 cr grant in aid to NCDC dairynews7x7

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today has approved the Central Sector Scheme “Grant in aid to National Cooperative Development Corporation (NCDC)” with an outlay of Rs.2000 crore for a period of four years from 2025-26 to 2028- 29 (Rs.500 crore each year from FY 2025-26). On the basis of…

ACCC approves merger of dairy giants Lactalis and Fonterra

lactalis fonterra merger approved dairynews7x7

The Australian Competition and Consumer Commission (ACCC) has approved a merger between the country’s two largest dairy processing companies, Lactalis and Fonterra. The planned takeover of Fonterra’s consumer, dairy ingredients and food service businesses by French group Lactalis would create a massive dairy company in Australia. Dairy company Lactalis has been given approval by the…

Cabinet Approves 7 Major Schemes to Boost Farmers’ Lives

PM approves seven farmers schemes dairynews7x7

The Union Cabinet chaired by Prime Minister, Shri Narendra Modi, today approved seven schemes to improve farmers’ lives and increase their incomes at a total outlay of Rs 14,235.30 Crore. 1. Digital Agriculture Mission: based on the structure of Digital Public Infrastructure, Digital Agriculture Mission will use technology for improving farmers’ lives. The Mission has…

Grants from Green Climate Fund approves USD 782.4 million for India

GCF approves fund for India dairynews7x7

The Green Climate Fund (GCF) was set up under the United Nations Framework Convention on Climate Change (UNFCCC) at the 16th Conference of the Parties (COP-16) in 2010 to support developing countries in reducing greenhouse gas emissions and strengthening capacity to adapt to climate change. The Fund aims to mobilize funding at scale to invest in low-emission…