Cereals, milk, vegetables turn costlier on month; potato prices zoom
Retail food inflation softened marginally to 8.52% in March, 2024 from 8.66% in previous month due to sequential drop in prices of pulses an edible oils and spices, and a high base. The prices of key items like cereals, milk, meat and vegetables, however, saw a rise on a month-on-month basis. The relevant consumer food…
EFTA countries focus on green tech in trade deal with India; dairy, agri out of ambit
With a historic trade deal signed between India the European Free Trade Association (EFTA), all member countries are looking to deepen trade links and benefits for respective citizens and companies. India is expected to get $100 billion in investment from the EFTA countries in the next 15 years under the Trade and Economic Partnership Agreement…
After millets Brazilian markets are eyeing Indian dairy products
India and Brazil are discussing a proposal to open the Brazilian market for Indian dairy products, including camel milk and special cheese, two senior officials from the two countries said. Both governments are collaborating on this initiative, following the recent opening of Brazil to Indian millet exports. The proposed partnership also involves plans to set…
Country faces fodder crisis , milk prices may rise
New Delhi: India is facing a major shortage of dry fodder, according to two scientists at the Indian Grassland and Fodder Research Institute (IGFRI), pointing to a supply gap that could further inflate milk prices. The shortage of between 25% and 90% of the critical livestock input is put down to increased cattle population, low…
Milk production was estimated at 230.58 million tonnes in FY 23
Union Minister Shri Parshottam Rupala releases Basic Animal Husbandry Statistics 2023 during National Milk Day event at Guwahati today Milk production in the country is estimated as 230.58 million tonnes during 2022-23 registered a growth of 22.81%over the past 5 years: Shri Parshottam Rupala Union Minister informed that Highest milk producing State during 2022-23 was…
India seeks greener pastures for its milk
Milk production in India is set to soar. India is expected to produce over 25 per cent of the world’s milk by next year, and by 2047, this is likely to rise to 50 per cent, according to Ramesh Chand, a member of the think-tank NITI Aayog. Highlighting India’s expanding milk production, which is steadily…
The silent saboteur: Unveiling the dark side of adulterated milk
The greatest agricultural product in India is dairy, which supports millions of farmers nationwide and accounts for 5 per cent of the country’s GDP. Interestingly, India is the world’s largest producer of milk, accounting for almost 23 per cent of the world’s total production. India also exports dairy products worth more than $200 million to other…
G20 summit – What’s in it for farmers and dairying in India ?
The G20 summit held successfully on September 9-10th in New Delhi was a momentous occasion for our nation, as we had the privilege of hosting global leaders on our home soil. A government press release disclosed the total expenditure for this summit, amounting to a substantial Rs 4100 Crores. In comparison, Indonesia’s expenditure for the…
Why India is an important market for Fonterra
Fonterra’s,GM Trade Strategy & Stakeholder Affairs, Justine Arroll, has just returned from India as part of a New Zealand business delegation to the subcontinent. The Country Sport Breakfast’s, Brian Kelly, asked, “India is a big market for dairy, the country is also the largest milk producer in the world, where’s the opportunities for Fonterra?” “India…
THE INDIAN INVENTION REVOLUTIONISING CATTLE FARMING
India, the world’s largest producer and consumer of milk, is witnessing a surge in milk prices due to cattle feed shortages. A fodder station operating on solar energy and limited water is attempting to mitigate the crisis. Purkha Ram Pawar, 43, faced challenges in providing sufficient fodder for his cattle in Berasar village, located in…