Digivridhi Fintech startup for dairy farmers raises 3.1 mill USD
Digivriddhi Technologies Private Limited, DGV a Dairy Industry focused neo-banking startup, has raised $3.1 million pre-series A round from Info Edge Ventures and Omnivore. Through its assisted digital platform, DGV has chosen to focus on India’s 75 million dairy farmers, providing them access to formal banking and world class financial services. Ragavan Venkatesan, Founder and…
SBI provides YONO Krishi Safal Dairy Loan for the dairy farmers
YONO Krishi Dairy Loan Scheme The State Bank of India (SBI) provides a financial armoury for the dairy farmers. The SBI aims to fulfill the farmers’ wish with the YONO Krishi Safal Dairy Loan. The interested farmers can apply for the loan through SBI YONO. For further details on the Krishi loans, one can login…
Proposal for 21-acre dairy complex approved at Ambala Haryana
The Haryana government has approved the Ambala Sadar municipal council’s proposal to develop a dairy complex spread across 21 acres at Brahmin Majra village. The complex will have a capacity to house approximately 5,000 cattle, that will be shifted from at least 300 dairies under the council limits, officials said. Sandeep Solanki, executive officer of…
Aavin’s dairy farmers seek Rs 400 Cr grant to settle their dues
Milk producers have urged the State government to settle ₹400 crore due to them through a one-time grant before the Deepavali festival. The government had reduced the price of Aavin milk by ₹3 per litre four months ago leading to a loss of ₹23 crore per month. However, no subsidy was provided to Aavin to…
Milma has declared a flood relief aid of nearly ₹1 crore to dairy farmers
Milma’s Thiruvananthapuram Regional Cooperative Milk Producers’ Union Ltd (TRCMPU), which operates in Thiruvananthapuram, Kollam, Alappuzha and Pathanamthitta, has declared a flood relief aid of nearly ₹1 crore to assist dairy farmers in the flood-ravaged areas. The union which convened an emergency meeting here on Monday announced relief measures including a solatium of ₹25,000 to the…
Samuhik Pashudhan Bima Yojana discontinued, rearers anxious
Livestock rearers across the state are at the receiving end following the discontinuation of Samuhik Pashudhan Bima Yojana, which ensures compensation in the event of accidental death of cattle due to disease and other reasons. The scheme has been discontinued since April 1 and livestock rearers have been making rounds of the local office of…
India’s dairy farmers should shift to ethno-veterinary medicines
Some lifesaving solutions are so simple and obvious that they remain hidden in plain sight. This is particularly true for livestock disease treatments that have evolved over generations through experiences of communities, withstood the test of time, are embodied in local culture and practices and yet, the knowledge remains untapped in the absence of standardisation and…
Y S Jagan Mohan Reddy wants dairies to hike milk procurement price
Chief Minister Y.S. Jagan Mohan Reddy has said that dairy farmers are earning ₹5 to ₹15 more per litre after Amul Dairy has entered the market and wanted dairies across the State to increase the price of milk procured from farmers. During a review meeting on Jagananna Palavelluva scheme and the Fisheries Department, the Chief Minister said…
Stellapps and Airtel Payments Bank offer banking services to dairy farmers
Stellapps, a leading dairy-tech startup, has joined hands with Airtel Payments Bank to enable cashless payment transfers to small dairy farmers and contribute to digital financial inclusion in the country. Stellapps offers holistic financial management programs across the dairy value chain, with special programs designed to improve financial inclusion for dairy farmers through its mooPay…
Blaming Dairy sector for climate change is unfair to millions of farmers
India’s dairy industry has lately come under fire from animal rights activists and the plant-based beverage industry on social media and other platforms. Usually, these negative campaigns are used to promote plant-based beverages as alternative milk. False claims about the dairy businesses’ cruelty to animals, the toxicity involving milk consumption, and so on aim to…