Women-led firms launch value-added products
The International Dairy Federation (IDF)’s World Dairy Summit 2022 on Wednesday saw women-centric milk producer companies (MPCs) launching their products in presence of global majors. The MPCs owned by farmers are set to triple their milk procurement to reach value of more than ₹18,000 crore from the current ₹5,575 crore in the next five years….
Fodder availability will be primary concern in coming days, says Tomar
Union Minister for Agriculture and Farmers’ Welfare Narendra Singh Tomar on Wednesday raised concerns over the looming shortage of fodder for animals in the coming days and appealed to the policymakers, entrepreneurs and dairy leaders to resolve the issue. Speaking at the International Dairy Federation (IDF)‘s World Dairy Summit’s session on Feed, Food and Waste,…
Amul, NDDB can jointly explore dairy machinery manufacturing: Amit Shah
After having assigned the dairy major Amul a task to provide a marketing platform for organic food products, Union Minister for Cooperation, Amit Shah on Monday gave the Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) and the dairy body, National Dairy Development Board (NDDB), a responsibility to make India self-reliant in dairy machinery manufacturing. At the International…
NDDB arm to launch domestic bovine sex-selection technology
To increase the population of milch animals and their productivity, an indigenous and affordable sex-sorted semen technology will soon be rolled out for dairy farmers in India. Field trials NDDB Dairy Services, a subsidiary of the National Dairy Development Board (NDDB), has successfully conducted field trials of sex-sorted semen. The sex-sorting semen technology separates male…
Milk price to be hiked by ₹3 a litre?
Efforts so far to increase the price has been stonewalled by the government After over three years, the Karnataka Milk Federation (KMF) is likely to increase selling price of Nandini milk by ₹3 a litre. While a decision on this was taken at the KMF’s annual general body meeting here on Friday, its date of…
India’s milk output to jump 3-fold to 628 million MT in 25 years:R S Sodhi
India’s milk production is expected to jump three-fold to 628 million tonnes in the next 25 years with an average annual growth of 4.5 per cent, Amul Managing Director R S Sodhi said on Monday. Size of Indian dairy market to jump over 2-fold to Rs 30 lakh cr by 2027 said Meenesh Shah Chairman NDDB.Shah said…
Flavoured milk is not milk but a drink containing milk. So pay 12% GST
As per the GST rules, there is no GST on fresh milk, pasteurised milk, curd and lassi. But if you buy flavoured milk, you pay GST of 12%. This is because flavoured milk ”is not milk” but a beverage in which milk is a component. You may have been counting your blessings all these years since…
Organic dairy firm Akshayakalpa raises $15 million to expand across India
Akshayakalpa Organic, an organic dairy enterprise, said it is raising $15 million in a Series B funding round from both existing and new investors. British International Investment (BII), the UK’s development finance institution, Rainmatter Foundation, and its existing investor Venture Dairy have joined the Series B financing. The funding would strengthen Akshayakalpa’s efforts for promoting,…
How ‘Operation Flood’ helped in the evolution of the dairy sector In India?
The evolution of the dairy sector in India and the stellar role played by dairy cooperatives since the launch of Operation Flood form an integral part of the country’s growth story as the country now is the largest producer of milk. India contributes 21 per cent to global milk production. It is important to note…
Saras milk became expensive for the second time in 75 days
Before the arrival of the festive season, once again in Rajasthan, the general public is being hit by inflation. Ahead of the festival season, Saras Dairy has also given a big blow to its customers. After about two and a half months, the dairy has again increased the rates of milk. According to the information…