FAO Dairy price index moved up in June 2024
The FAO Dairy Price Index averaged 127.8 points in June, up 1.5 points (1.2 percent) from May and standing 7.9 points (6.6 percent) above its corresponding value one year ago. In June, international price quotations for butter rose to a 24-month high, underpinned by increased global demand for near-term deliveries amidst heavy retail sales and seasonally falling…
Royale Estate’s Mohali Industrial Economic Zone (MIEZ) gets Rs 150-cr dairy plant
Mohali Industrial Economic Zone (MIEZ) has announced that Gopal’s Sweets, the biggest dairy products brand in Punjab, Haryana and Himachal Pradesh, will set up a manufacturing unit there. The company has invested approximately Rs 150 crore in the project. MIEZ is an industrial initiative by the Royale Estate Group. It is proving to be a…
Consumers pay more but dairy farmers get lesser in Karnataka ?
Milk procurement prices vary across different milk unions in Karnataka, despite the Karnataka Milk Federation (KMF) selling it at a uniform price across the state. Each of the 15 milk unions in the state has its unique considerations for determining milk procurement prices, taking into account factors like profit margins, expenditure, facilities, and projects. This…
Manchar: Dairy Farmers Demands ₹40 per Liter Milk Guarantee Price
Pune: ” Milk powder is being imported, the market price of milk is increased by five rupees, but 12 per cent GST is imposed. Due to unaffordable milk prices, dairy farmers are facing difficulties. Give a guaranteed price of Rs 40 per liter for farmers’ milk, otherwise, we will have to protest with cows and buffaloes in front of the Ministry in…
Verka in Chandigarh to serve sweetened milk to students under PM Poshan
The UT school education department is all set to serve sweetened milk once a week to the students. The sweetened milk (130 ML with 3% fat content in tetra pak cartons) will be served to students of 111 government schools and seven government-aided schools in midday meal as part of PM Poshan from next week….
Akshayakalpa Organic to focus on Chennai, Bengaluru, Hyderabad
The company has begun working with a cluster of farmers near Hyderabad, says co-founder and CEO Shashi Kumar Akshayakalpa Organic, India’s first certified organic dairy enterprise, will focus on Bengaluru, Chennai and Hyderabad as its production is focused on these three cities, its co-founder and CEO Shashi Kumar has said. “We are working on a…
Parag Milk Foods will focus on digital strategies: Akshali Shah
Parag Milk Foods established in 1992, claims to be the largest private dairy FMCG Company with a Pan India presence. It has manufacturing facilities with in-house technology located at Manchar in Maharashtra, Palamaner in Andhra Pradesh, and Sonipat in Haryana. It explains that it sells 100% cow’s milk products. Its integrated business model and R&D…
Plan to set up milk producers’ dairy union in every district of India: Amit Shah
Union Cooperation Minister Amit Shah on Saturday said the Centre has set a target to have a co-operative bank and a milk producers’ union in each district of the country and also establish in the next five years multipurpose primary agriculture credit societies (PACS) in two lakh panchayats that have no cooperative institution. Addressing the ‘Sahkar se…
From treaty to tradition: Gauhati Dairy’s century-long journey in Guwahati
Before delving into the case of Gauhati Dairy in Guwahati, let’s explore some historical background. Before delving into the case of Gauhati Dairy in Guwahati, let’s explore some historical background. The Treaty of Yandabo marked the conclusion of the First Anglo-Burmese War on February 24, 1826, ending hostilities that began on March 5, 1824. The…
FSSAI to mandate labelling of salt, sugar, saturated fat on packaged food
Food regulator FSSAI on July 6 approved changes to nutritional information labelling on packaged food items, proposing that total salt, sugar and saturated fat should be displayed in bold letters as well as bigger font size. In an official statement, the Food Safety and Standards Authority of India (FSSAI) said it has approved “a proposal to…