Incredible feat! India ranks 1st in global milk production
Indian has achieved incredible feat in milk production. India has ranked first in Global milk production, said the Ministry of Information and Broadcasting, citing data from the Department of Animal Husbandry and Dairying and Department of Fisheries, on Saturday. According to the same data, India contributes 23 per cent of global milk production Milk production…
The dairy industry helps farmers by creating employment
Milk is the biggest agricultural commodity in India. It contributes 5% to the national economy and directly employs 80 million dairy farmers. Improvement in economic activity, increase in per capita consumption of milk and milk products, change in dietary preferences, and increasing urbanization in India has led the dairy industry to grow by 9-11% in…
Nestle India’s net profit down 4% in Q2, revenue up 16%
Nestle India posted a net profit of ₹515.34 crore in the second quarter ended June 30, down 4.3 per cent against ₹538.58 crore in the corresponding quarter of the previous fiscal. Revenue from operations grew 16 .1 per cent to ₹4,036.6 crore. The company’s board approved acquisition of the pet foods business from Purina Petcare…
Agri-allied sectors augmenting farmers’ income: PM
Prime Minister Narendra Modi on Thursday said the Centre’s efforts to encourage agriculture-allied sectors such as animal husbandry and horticulture to increase farmers’ income, is finally bearing fruit. Inaugurating two dairy projects of Sabarkantha District Cooperative Milk Producers’ Union (Sabar Dairy) in Himmatnagar in North Gujarat, he said, in the past eight years, incomes of…
Withdraw GST on milk products, say dairy farmers
Dairy farmers from States such as Haryana, Rajasthan, Uttar Pradesh and Kerala held protests here on Wednesday, urging the Centre to revoke the decision to impose a 5% GST on dairy products and 18% on dairy machinery. The farmers, under the banner of the Dairy Farmers Federation of India (DFFI), sent a memorandum to the…
Hatsun to increase milk collection in AP, Telangana and Maharashtra
Hatsun Agro Product Ltd.(HAP), a leading private sector dairy company in India with brands ‘Arokya’, ‘Hatsun’, ‘Arun Icecreams’, has announced its plans to expand procurement in Andhra Pradesh, Telangana and Maharashtra. HAP has over 3,100 milk collection centres which benefit farmers across various villages in the three States. HAP plans to aggressively expand this network…
GST impact ‘marginal’ on dairy, agro items: Finance Minister
Finance Ministry has said that the net impact of GST on various dairy and agro products would be ‘marginal’ because of Input Tax Credit. It also acknowledged receiving petitions for re-consideration of GST on such items. “In case of pre-packaged and labelled form of such commodities, considering that the taxpayer will get input tax credit…
NDDB Launches ‘NDDB Mrida Ltd’ for Manure Management
On the occasion, Rupala said NDDB Mrida Ltd will open avenues of additional income to dairy farmers from sale of slurry/dung. The savings to the farmers by virtue of replacement of cooking fuel with biogas. Efforts are being made for better utilization of bovine dung but most are individual initiatives. Parshottam Rupala, Union Minister of…
Assam: After fuel and LPG, milk set to get costlier in Guwahati
Greater Guwahati Go-Palak Sanstha, the leading organisation of dairy farmers in the city, on Monday announced that milk prices would be hiked by Rs four per litre from August 1, 2022. With the price hike, a litre of milk that was available at Rs 50 will now be sold at Rs 54. On the other…
Electric milk tanker a ‘world-first’? Fonterra
Renowned global dairy nutrition firm, Fonterra, has taken the wraps off what it regards as New Zealand’s first electric milk tanker. The vehicle is “about” the same size as a regular tanker, has a range of approximately 140kms on a full charge and takes approximately three hours to change. Furthermore, the company says the milk…