CHOBANI’S FOUNDER MR. HAMDI ULUKAYA SDG ADVOCATE BY UN
Amidst the growing number of humanitarian crises facing the world, today United Nations Secretary-General António Guterres announced Mr. Hamdi Ulukaya, Founder and CEO of Chobani as a Sustainable Development Goals Advocate. “The Sustainable Development Goals are the world’s blueprint to build a healthier, greener and sustainable future by 2030. With the clock ticking and multiple…
EU reviews dairy safety controls in Poland and Netherlands
Two audits by the European Commission’s health and safety unit have looked at milk and dairy products in Poland and the Netherlands. A remote DG Sante audit, in March 2021 in Poland found the system was well-designed but a lack of training and internal audits weaken the effectiveness. Dairy products with traditional characteristics are sold…
Hatsun Agro reports 12% decline in net profit in Q1
Hatsun Agro Product Ltd, the Chennai-based dairy company, reported a 12 per cent decline in net profit to ₹52 crore in the first quarter ended June 30, 2022 as against ₹59 crore for the same quarter last year. Revenue was up 31 per cent to ₹2,015 crore (₹1,539 crore). For the first time, the company…
Will ask traders not to pass on 5% GST on dairy products to consumers
Dealers, who were not claiming the input tax credit earlier, can get it reimbursed now Chief Minister Basavaraj Bommai, who also heads the Group of Ministers (GoM) on GST rate rationalisation, announced here on Monday that he will ask traders not to pass on to consumers the 5 per cent GST levy on dairy items,…
Amul achieves group turnover of Rs 61,000 crore for FY 22
Turnover grew by 18.46% YoY – faster than its 12-year CAGR of 16% Dairy major and Amul marketer, Gujarat Cooperative Milk Marketing Federation (GCMMF), on Tuesday reported group turnover of ₹61,000 crore for the fiscal 2021-22. The dairy federation held its 48th Annual General Body Meeting on Tuesday. GCMMF is a federation of 18 members district dairy…
Stay packed Stay taxed! Stay Hygienic Stay Foolish !
Today is 18th July 2022. GST of 5% will be levied on healthy and hygienically packed curd, buttermilk, lassi and Paneer from today. Covid-19 created a paradigm shift in the eating choice of the public at large. Dairy products due to high quality of their protein emerged as best in class super foods. There was…
Amul MD Urges Jammu-Kashmir LG To Identify Land For Dairy Plant
Gujarat Cooperative Milk Marketing Federation Managing Director Rupinder Singh Sodhi on Sunday urged Jammu and Kashmir Lieutenant Governor Manoj Sinha to identify a suitable land to set up a new dairy plant in the UT, an official spokesperson said. Sodhi, accompanied by JKMPCL CEO Gaurav Sharma, informed Sinha that the implementation of Integrated Dairy Development…
Baghel govt. digs its toes in politics of cow urine
In what appears to be the adoption of cow politics by a Congress government, the Bhupesh Baghel-led administration in Chhattisgarh has approved the procurement of cow urine and extended its Godhan Nyay Yojana. “We will launch the pilot of the scheme under the Godhan Nyay Yojana, a part of Narva Garva Ghurva Bari initiative, under…
Manure-Eating Worms Could Be the Dairy Industry’s Climate Solution
With 6,000 dairy cows, 5,000 beef cattle and thousands of tons of apples, potatoes and cherries produced annually, Royal Dairy in Royal City, Washington, uses hundreds of millions of gallons of water per year. All that water, once used, carries animal waste, pathogens and environmentally harmful chemicals, like nitrate, that can contaminate groundwater and contribute…
GST rate on pre-packaged, pre-labelled dairy & agri products notified
Loose sale continue to be exempted; room rent of ₹5,000 plus in hospital to attract GST Get ready to pay more not just for pre-packaged and labelled curd, lassi, flour, rice etc but also for cutleries. The Finance Ministry has notified GST rates for various goods sold as pre-packaged and pre-labelled beside others. Tax officials have…