Milk production trebles every 25 years in India: R S Sodhi
Why the milk prices are going so high now ? Is it because of milk shortage or high surge in demand or both ? CNBC interviewed Sh R S Sodhi President Indian Dairy Association to get an answer. https://youtu.be/LkgHcO1iTgE Sh Sodhi answered all the questions and clarified that milk shortage may not be the only…
Govt to merge two large dairy schemes to aid private sector
The government has decided to merge two dairy-sector schemes – Animal Husbandry Infrastructure Development Fund (AHIDF) and Dairy Processing and Infrastructure Development Fund (DIDF), with a view to making available the funds from the balance outlay to the private sector dairy and meat processing units. The AHIDF was launched in 2000 with an outlay of…
Dairy prices rose, volumes fell at auction – GDT Surprises
International milk prices rose while volumes fell at this month’s Global Dairy Trade (GDT) auction on Tuesday. The GDT Price Index was up 3.2%, with an average selling price of $3,362 per tonne. The index was down 4.7% at the previous auction held on April 4, with an average selling price of $3,227, according to…
Sanjaya Baru | Amul and dairy co-ops: Milch cows get political
The controversy generated by the aggressive push into Karnataka of the Gujarat-based Amul, owned by the Gujarat government’s multi-billion dollar entity, the Gujarat Cooperative Milk Marketing Federation (GCMMF), was just waiting to happen. Worried about the impact of the controversy on the outcome of the state Assembly elections in Karnataka, the Amul management has beaten…
A big fat problem in milk: What’s driving up prices?
The current price inflation in milk is mainly due to a shortage of fat. It has led dairies to hike full-cream milk prices or to cut fat content through rebranding of existing products. Also, milk does not attract GST, while fat and powder used in reconstitution does, an anomalous situation for which the consumer ultimately…
WPI Inflation Eases To 29-Month Low Of 1.34% In March
In its monetary policy review earlier this month, the RBI cautioned that adverse climatic conditions are a risk to the future inflation trajectory and predicted milk prices to remain firm going into the summer due to tight demand-supply situation and fodder cost pressure The wholesale price-based inflation eased to a 29-month low of 1.34 per…
Focus on livestock sector for income growth
ANIMAL husbandry, the practice of breeding and nurturing domesticated animals, has been an essential part of agriculture since ancient times. It played a crucial role in the development of human societies by providing milk, meat, wool and leather. Now its role in the production and export of dairy-based products (cheese, butter, ice cream etc.), meat…
Why the Amul-Nandini Controversy Is Important
The controversy about Amul coming into Bengaluru to sell liquid milk and curd has opened a new debate on whether it is threatening the local brand Nandini. While this looks like one more fishing expedition by the minister for co-operation after he dropped a hint of Amul and Nandini “working together”, it may be important…
India Not To Import Butter, Other Dairy Products-Rupala
Union Minister for Fisheries, Animal Husbandry and Dairying Parshottam Rupala on Friday made it clear that the country will not import dairy products like butter and the supplies will be improved with the help of huge untapped domestic sector. Rupala’s statement comes even as his ministry’s top official had last week stated that the stocks…
DAIRY NEWS Retail price of milk in India has increased by 12% in an Year
Milk is ubiquitous in India — from the morning glassful that most middle class school kids glug to its use in Hindu religious rituals. Now it could become a headache for Prime Minister Narendra Modi’s government as prices soar. The average retail price of milk in India has increased by 12% from a year ago…