Banas Dairy to give zero-interest credit cards to cattle breeders
Banas Dairy will provide a zero-interest credit card to cattle breeders starting from January 15th. The credit card will have a limit of Rs. 50,000, and no interest will be charged on the withdrawal of money. Banas Dairy Chairman and Gujarat Assembly Speaker Shankar Chaudhary made this announcement at a religious function in Malupur of…
Banas Dairy to give zero-interest credit cards to cattle breeders
Banas Dairy will provide a zero-interest credit card to cattle breeders starting from January 15th. The credit card will have a limit of Rs. 50,000, and no interest will be charged on the withdrawal of money. Banas Dairy Chairman and Gujarat Assembly Speaker Shankar Chaudhary made this announcement at a religious function in Malupur of…
Maharashtra to revise milk subsidy formula for wider coverage
Maharashtra animal husbandry and dairy development minister Radhakrishna Vikhe Patil said on Wednesday that the state government would revise an earlier accepted formula to provide subsidy to milk producers for wider coverage. During the winter session of the state legislature in Nagpur, Vikhe Patil had said on December 20 that the government would give a…
Amit Shah proposes to give RuPay cards to all farmers in Gujarat
In order to limit cash transactions by farmers, Union minister for home and co-operation Amit Shah on Saturday proposed shifting of bank accounts of all farmers and local cooperative bodies to District-level cooperative banks. “Farmers do not want to do “tax chori” (evade taxes). But the farmers do not know that the moment they give…
Milma’s Thiruvananthapuram regional union announces interest-free loan scheme for dairy farmers
TRCMPU will provide the interest subsidy in proportion to the milk supplied to the cooperatives. It earmarks ₹1 crore for the scheme The Thiruvananthapuram Regional Cooperative Milk Producers Union (TRCMPU) of Milma will launch an interest-free loan scheme for dairy farmers from January 1, 2024. This is aimed at stepping up milk production to meet…
Why govt subsidy might prove to be non-starter for dairy farmers in Maharashtra?
Private dairies account for 70 per cent of the 1.25 crore litres of milk collected daily in Maharashtra. Maharashtra Animal Husbandry Minister Radhakrishna Vikhe Patil’s announcement of a Rs 5/litre subsidy for dairy farmers can become a non-starter, according to the industry. The industry said that excluding private dairies and a pre-qualifier base rate of…
Maharashtra govt announces Rs 5/litre subsidy for milk producers
The Maharashtra government on Wednesday announced a subsidy of Rs 5 per litre for milk producers which will be implemented for the next two months. State animal husbandry and dairy development minister Radhakrishna Vikhe Patil made this announcement in the legislative assembly. he government has decided to give a subsidy of Rs 5 per litre…
The issue of Milk price will be solved soon: Ajit Pawar
Maharashtra deputy chief minister Ajit Pawar on Friday said in the state assembly that the problems faced by farmers, reservation of Marathas, and other important issues will be discussed and solutions will be found after due discussions with all stakeholders. “The state government is committed to discussing the issues and solving the problems. If needed we will…
Neobank Digivriddhi Bags $6 Mn Funding in Series A funding
Digivriddhi will deploy the fresh proceeds to expand its footprint across Karnataka, Andhra Pradesh, Telangana, Madhya Pradesh and Maharashtra The Bengaluru-based firm offers dairy farmers and microenterprises access to institutional credit while easing and digitising payments across the dairy value chain In 2021, the startup bagged seed funding of $3.1 Mn led by Omnivore and…
A farmer’s fate: living in hope or perishing in despair
Kolakkad native M R Albert (73) committed suicide in Kerala on the day after the national Milk day. He had served as the president of Kolakkad Dairy Co-operative Society for 25 years. He had to give his life because of a paltry Rs 2 lakh loan from Kannur District Co-operative Bank. How much does a…