Dairy Farmers to Stage Dharna in front of Parliament on 27 Jul on GST
The Dairy Farmers Federation of India (DFFI), which is part of the All India Kisan Sabha, has called upon dairy farmers across the country to join a dharna and a demonstration in front of the Parliament on July 27. The organisation has asked dairy cooperatives and traders to participate in the campaign against GST imposition on dairy…
New GST regime on dairy products will hit farmers, entrepreneurs
At a time when cost of dairying is increasing, the Goods and Services Tax (GST) Council decision to impose 5% tax on curd, butter milk, and lassi has come as a dampener for the dairy sector. “Dairy sector is a source of livelihood for people in the lower strata of society. GST on high-demand milk…
Microplastics: Polluting our blood, foetuses – and dairy and meat we eat
Microplastics are now being found in the meat and dairy we eat every day, according to a new study. A report by environmental non-profit, Plastic Soup Foundation, reveals that 73 per cent of the products they tested contained microplastics – the material left behind when plastics decompose. The research points to plastics being present in…
Impact on recent increase on GST on dairy industry by 47th GST council
The GST Council at its meeting held on July 1, 2022 have removed the exemptions on GST on repackaged, relabeled and packaged butter milk, curd, lassi and paneer. The decision states that the above products will be charged GST @ 5%. GST Council have also raised the GST on dairy machinery and milking machines from…
GST on Paneer will hit the cottage industry and dairy lovers alike
1. Due to the increase in fodder and fertilizer prices, Indian dairy and cattle farmers have been barely recovering their input costs. 2.With the new GST on cottage cheese and other dairy products, meat and dairy machinery, small farmers of the cottage industry will have to bear the brunt. 3.Experts predict that consumers will also see marginal changes in the prices of milk-related…
Demand for dairy falls at global auction at GDT
The average price at the fortnightly sale fell 4.1 percent US$4360 a tonne, after falling 1.3 percent in the previous auction. The price of wholemilk powder, which strongly influences the payouts for local farmers, was 3.3. percent lower at US$3961 a tonne – the first time price have below the $4000 mark since October. NZX…
Milma demands Roll back of recently announced gst on fresh milk products
‘Move to cause severe stress on country’s strained dairy sector’ The Kerala Cooperative Milk Marketing Federation (KCMMF), known by its brand name Milma, has demanded rollback of the GST Council’s decision to impose 5% GST on relabelled and repackaged buttermilk, curd, lassi and paneer, and steeply raise the tax on dairy machinery from 12% to…
World Bank to discuss NDP-II project next week
The second phase of the National Dairy Plan (NDP-II), which will focus on supporting smaller milk unions to strengthen their marketing efforts and tackling adulteration in milk, is likely to be finalised soon. NDDB Chairman Meenesh Shah said the World Bank mission would be in Anand during the second week of July to discuss the…
USDA says EU milk production has peaked… and is shrinking
EU milk production peaked in 2020, according to analysis by the US Department of Agriculture. USDA analysts said milk deliveries from dairy farms declined in 2021, and they predicted it will fall further this year, and in 2023 and later years, when the new Common Agricultural Policy (CAP) and the accompanying Farm to Fork Strategy…
Prices of Curd, Lassi and Buttermilk likely to rise after imposition of 5% GST
In the 47th meet, the GST Council chaired by Finance Minister Nirmala Sitharaman under withdrawal of exemptions, said, “hitherto, GST was exempted on specified food items, grains, etc when not branded, or right on the brand has been foregone. It has been recommended to revise the scope of the exemption to exclude from its prepackaged and pre-labeled…