Milk basket preponed launch of it’s IPO due to pandemic to 2021
Grocery delivery firm Milkbasket has taken ahead its plan to launch initial public offer (IPO) by the second half of 2021. As the business during the recent months in the wake of the novel coronavirus pandemic registered robust growth, said a top executive at the firm. Co-founder and CEO of Milkbasket Anant Goel told PTI…
Dairy farmers demand Rs10/liter Milk subsidy directly to their Bank accounts
Dairy farmers in Maharashtra state have been protesting against lower milk procurement prices during Covid since July 20th. These farmers are led by various organisations across Maharashtra with a support from opposition political parties. All India Kisan Sabha led thousands of dairy farmers to march in around 20 districts during the agitation. Leaders from the…
FSSAI’s standards of Paneer creates opportunity for differentiation
Covid times has taught us a lot about healthy and nutritious food. Consumers became more aware on their food selection and intake. The consumption of animal meat products reduced to very low level . It was because of the fact that Corona has emanated out of an animal. Social media has promoted the immunity boosting…
Amul stops dispatch of 600 MT of ghee packed in Mehsana Union plant at Rajasthan
GCMMF and Mehsana Dudhsagar Dairy will not be dispatching 600 MT of ghee to the market.This ghee has been produced at the Mehsana Doodhsagar dairy situated at Dudu , Rajasthan. Suspicion of high adulteration in this ghee has led to this decision. Also read this dairy news: Amul’s group turnover crosses USD 7 Billion Last month…
FAO and Rabobank join hands for sustainability and inclusion in Indian dairy sector
The Food and Agriculture Organization of the United Nations (FAO) has signed a new partnership agreement with Rabobank. The purpose of this agreement is to help targeted rural communities benefit from more inclusive and sustainable food systems. It also envisages jointly exploring the use of innovative financial instruments to bridge financing gaps in emerging markets…
India could become dairy basket of the region
India is the largest producer of milk in the world. Indian government has recently taken a few initiative to strengthen dairy infrastructure in the country. These initiatives include Animal husbandry infrastructure fund for Rs 15000 Crores. PM Modi always insist on pushing exports and limiting imports under the make in India scheme. Currently India is…
US express concern over mandatory BIS feed regulation in India
India is the largest producer of milk in the world. Organised sector dairies process around 35-40 % of available surplus milk . FSSAI, the food regulator in India conducted a nationwide milk adulteration survey in 2018. The survey findings showed presence of 5.7% aflatoxin M1 in milk with higher share by the organised sector. Antibiotics…
Dairy farm bombed to the east of Gaza strip by Israel
Israeli aircrafts last night bombed several agricultural sites to the east of the besieged Gaza Strip. Helicopters and F-16 fighter jets attacked with at least five rockets across the Al-Zaytoun neighbourhood. This locality is towards the east of Gaza City. WAFA reported that the Israeli artillery fired two shells at another plot of agricultural land to the northeast…
UMEED scheme in Pulwama igniting dairy entrepreneurship amongst the local youth
Pulwama districts is leader in milk production in J&K state with total production of 310000 MT of milk in 2019-20. The Jammu Kashmir State Rural Livelihood Mission (JKSRLM) has launched UMEED program under central government assistance. The district administration of Pulwama has established Automatic Milk Collection Units across the district. This administration is encouraging youth…
Uttarakhand state federation paid Rs 45 crores to 50000 member dairy farmers during Covid
Uttrakhand milk federation ,Aanchal, has 2551 village level cooperative societies in 13 districts. These societies have 51,121 members who are farmers and villagers and supplies milk to the VLC. The farmers receive the payment every month. Amongst 13 districts Nainital accounts for almost 20 % of total VLCs and 50% of total farmer members in…