How Multistate cooperatives function and why govt plans to amend the law
On Sunday, Union Home and Cooperation Minister Amit Shah announced that the Centre has decided to amend the Multi State Cooperative Societies (MSCS) Act, 2002 to “plug the loopholes in the Act”. He was speaking at the convocation of the Vaikunth Metha National Institute of Cooperative Management, Pune. What is the Act, and what are…
Mymul to set up vigilance squad to tackle fake products
A day after a fake Nandini ghee racket was unearthed in Mysuru, the Mysuru District Co-operative Milk Producers’ Societies’ Union Limited (MYMUL) has decided to set up a vigilance squad to counter the distribution of fake dairy products misusing the Nandini brand name. MYMUL President P.M. Prasanna told reporters in Mysuru on Friday their vigilance…
Making cheesecake for Christmas? Kraft will pay you $20 not to
Kraft has a solution to the cream cheese crisis that’s ruining holiday cheesecake plans: paying holiday shoppers to eat a different dessert. The maker of Philadelphia Cream Cheese said Wednesday that it plans to reimburse $20 to 18,000 shoppers who buy other desserts or dessert ingredients as cream cheese supplies remain spotty nationwide. To claim…
Making cheesecake for Christmas? Kraft will pay you $20 not to
Kraft has a solution to the cream cheese crisis that’s ruining holiday cheesecake plans: paying holiday shoppers to eat a different dessert. The maker of Philadelphia Cream Cheese said Wednesday that it plans to reimburse $20 to 18,000 shoppers who buy other desserts or dessert ingredients as cream cheese supplies remain spotty nationwide. To claim…
Global Dairy Review 2020: Excerpts from FAO Dairy Market Review
Highlights International dairy prices are rebounding slowly but remain below their May lows Despite market disruptions, world milk output is rising, mostly in Asia, but also in Europe and North America International trade in butter, cheese, and whole milk powder could expand, but skim milk powder may contract. The Food and Agriculture Organization of the…
Trouw Nutrition gamechanger partnership with Stellapps to help farmers
The mutually-beneficial partnership commits both parties to a close cooperation to find innovative ways of Feeding the Future, Nutreco’s purpose. It follows an announcement in October which confirmed that Stellapps had completed its first close towards its pre-series C round, led by Nutreco, alongside other investors. In addition to high-quality feed products, today’s nutritional partnership…
India seeks duty free market access for dairy, spices, cheese from UAE
India has urged for duty-free market access from the UAE for spices, cheese, eggs and textiles as a part of the free trade pact it is working out with the grouping. India is keen to get duty-free access for its fresh and frozen bovine meat, dairy, spices, organic chemicals, and paper goods. Photo courtesy: Dubai Airport Due…
WORLD DAIRY NEWS Dairy exporter Fonterra to invest $2.7 bln to grow and cut emissions
Fonterra Co-Operative Group Ltd , the world’s biggest dairy exporter, said on Monday it would invest about NZ$4 billion ($2.72 billion) by 2030 to move milk into higher value products, pursue growth, and reduce emissions. The New Zealand-based firm expects to return NZ$1 billion to investors over the next decade on the back of asset…
Dairy exporter Fonterra to invest $2.7 bln to grow and cut emissions
Fonterra Co-Operative Group Ltd , the world’s biggest dairy exporter, said on Monday it would invest about NZ$4 billion ($2.72 billion) by 2030 to move milk into higher value products, pursue growth, and reduce emissions. The New Zealand-based firm expects to return NZ$1 billion to investors over the next decade on the back of asset…
Dutch Cos to bring efficiency innovation for Indian agri and dairy
A top diplomat from the Netherlands has informed that a collaboration on technology and research would provide scalability and value for the processing industry in India. Speaking to BusinessLine, Marten van den Berg, Ambassador of the Netherlands to India, Nepal and Bhutan, stated that the country focuses on the areas of agriculture, health, water management and…