CSR: MoU signed with Tamil Nadu Government to expand ‘Bharat Sanjeevani’ initiative

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Bharat Financial Inclusion Limited (100% subsidiary of IndusInd Bank) and IndusInd Bank have signed a Memorandum of Understanding (MoU) with the State Government of Tamil Nadu for their Corporate Social Responsibility Programme, Bharat Sanjeevani. This initiative, in collaboration with AAVIN – Tamil Nadu Co-Operative Milk Producers’ Federation Limited (TNCMPFL) under the Dairy Development Department, Government…

Maharashtra govt extends milk subsidy for dairy farmers by month

The Maharashtra government on Monday extended by a month its scheme to provide a subsidy of Rs 5 per litre to milk producers. The subsidy extension will continue till March 10, as per a Government Order (GO). “Milk-producing farmers would get Rs 5/ litre subsidy from the state government. The scheme requires Rs 230 crore…

Amul’s MD says we are ruthless in protecting our turf

In an interview with CNBC-TV18’s Shruti Mishra, Jayen Mehta, the Managing Director of Amul, shed light on the company’s market dominance, strategic approach to competition, and its unique stance on public listing. Amul, often hailed as the market leader in various dairy product categories, prides itself on not only protecting its turf but also actively…

Madhya Pradesh govt to give Rs 5 per liter as milk subsidy

Madhya Pradesh govt will give Rs 5 per litre as incentive to milk producing farmers in the state. The amount will be transferred directly into their bank accounts. Govt will bear a cost of Rs 200 crore per year on this incentive. Officials said that the focus of the Mohan Yadav-led BJP govt in MP was to increase milk production, streamline…

DAIRY NEWSDAIRY POLICY Fodder challenges offer much food for thought

THE interim Budget has made an allocation of Rs 1.27 lakh crore (about 2.6 per cent of the total) for the Ministry of Agriculture and Farmers’ Welfare. The Budget has outlined the government’s intent to implement measures to increase the productivity of high-yield crops. The government has announced a comprehensive programme aimed at supporting the…

Fodder challenges offer much food for thought Bydairynews7x7@gmail.com

THE interim Budget has made an allocation of Rs 1.27 lakh crore (about 2.6 per cent of the total) for the Ministry of Agriculture and Farmers’ Welfare. The Budget has outlined the government’s intent to implement measures to increase the productivity of high-yield crops. The government has announced a comprehensive programme aimed at supporting the…

No milk payment, Jind co-op society operators on strike

Operators of co-operative societies on Thursday went on an indefinite strike seeking release of payment of milk supplied to a milk plant, sitting on a dharna outside the main gate of Vita plant here. Nearly 2.5 lakh litre of milk is supplied to the plant from villages of Jind, Hisar and Fatehabad on a daily basis, according to officials. Cooperative societies chairman…

Farmers in Coimbatore seek release of electricity connections to all

Coimbatore-based Farmers Association has appealed to Tamil Nadu Generation and Distribution Corporation (Tangedco) to release agri service connections to all applicants without further delay. P. Kandasamy, secretary of the Association, said in a press release that farmers applied for agri electricity connection under different categories – tatkal, normal and self finance scheme. Though the Tamil…

₹4.5-crore incentive for dairy farmers, milk cooperatives

The Ernakulam Regional Cooperative Milk Producers’ Union (ERCMPU) will disburse around ₹4.5 crore as incentive for milk production during the period between February 1 and March 31. The money translates into ₹7 extra per litre of milk, of which ₹5 will go to the dairy farmer and ₹2 to the primary milk cooperative. ERCMPU chairman…

Confluence of milk and code: How innovations in agtech can transform the future of Indian agriculture

India’s vast and diverse agricultural landscape, spanning 160 million hectares and sustained by the efforts of 151 million farmers, plays a substantial role, contributing five per cent to the nation’s GDP (World Bank, 2023). Despite its scale, challenges persist, including fragmented landholdings and susceptibility to unpredictable weather patterns, limiting its full potential. However, amidst these…