Amul Vs Nandini: Don’t let politics stoke market sub-nationalism
Fists have been waved in poll-bound Karnataka, where opposition parties like the Congress and Janata Dal (Secular) have joined pro-Kannada groups in attacking the state’s Bharatiya Janata Party (BJP) government for letting Gujarat’s Amul sell milk and other dairy products there. This, they allege, poses a threat to Nandini, a brand operated by the state’s…
The green roadmap of the White Revolution
India’s dairy sector’s growth story is impressive but is overshadowed by low productivity. A NITI Aayog Working Paper titled “India’s White Revolution: Achievements and the Next Phase” has listed key challenges that the country needs to overcome to fully unlock the potential of its dairy sector. The working paper authored by Ramesh Chand can be…
Fasten your seat belts get ready for a rough weather ahead
Dear friends, We have been reading a lot about the dairy industry for the last few weeks. Some great insights have been shared by renowned economists, scientists, politicians and senior journalists. Let me list the five different areas in which the dairy was discussed and deliberated in the media. a. Reasons for higher milk prices…
Inflation to consumer is income to the farmers : Jayen Mehta
How does the milk prices move from here onwards was being asked to Jayen Mehta MD Amul by CNBC TV 18. His answer was straight . he told this time to be a tight rope walk for all the dairy players. https://youtu.be/f1aZH-alhSU He further added that Amul has increased milk prices 6 times in last…
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…