SMP, Butter and ghee price in India gets bullish: Would it sustain ?

The commodities prices in India have begun to surge . The prices of SMP, butter and ghee are moving up. The price of milk in most parts of the country is also going up. In North the milk availability has become difficult and prices have gone upto Rs 45 per liter for buffalo milk ….

500 crores export subsidy for SMP could bring 270 million USD and 120 million smiles

Maharashtra government finally ended their scheme of collecting 1 million LPD of milk at Rs 25 per litre on tuesday. The scheme was extended twice since April 2020. Farmers associated with state cooperatives were the major beneficiaries. The total collection of milk under this scheme could reach to maximum of 5.5 lakh litres per day….