Govt grants Income Tax Exemption to Boost Dairy Cooperatives
Central Government has granted certain exemptions under Income Tax Act to Dairy Cooperative Societies to Boost the Sector In a significant move aimed at supporting the dairy sector, the Government has introduced a series of measures granting income tax exemptions and reductions for Cooperative Societies under the Income Tax Act. The announcement was made by…
WORLD DAIRY NEWS Dairy ingredient innovation contributing to consumption shift
Consumers want healthy, indulgent, convenient and less expensive. Advocates for the dairy industry see dairy ingredients fulfilling those desires and much more. “Dairy consumption is hot,” said Michael Dykes, president and chief executive officer, International Dairy Foods Association (IDFA), Washington, at Dairy Forum 2024 held Jan. 22 in Phoenix. “We’ve had a record year. We’re…
World’s Largest Grain Storage Plan by Ministry of Cooperation
The United Nations system values the important role of cooperatives in social development. In 1995, the World Summit for Social Development held in Copenhagen recognized the importance of cooperatives in the people-centered approach to development and agreed to “utilize and develop fully the potential and contribution of cooperatives for the attainment of social development goals, in…
Sunak is ‘sad’ parents are forced to water down baby formula
The prime minister has said it is “sad” that parents are watering down baby formula because they cannot afford to feed their children. Sky News reported last year on measures parents have turned to after inflation spiked the cost of the powdered milk product. This included watering down and even stealing products in order to make ends meet amid…
GDT: Increase in SMP and Butter global prices raise hopes in India
Good news for farmers in the latest Global Dairy Trade auction, held overnight, with a 4.2 per cent increase across the board. This is the third positive event of the 2024 calendar year, with the index kicking off the new year with a 1.2 per cent bump on January 3 and 2.3 per cent at the last event…
13 Dairy Brands Recall Products- Possible Listeria Contamination
Rizo-López Foods, Inc. (RLF) has just announced an voluntary recall on select dairy products. This recall is due to potential Listeria monocytogenes contamination. The affected products include select cheeses like queso, cotija and ricotta, as well as yogurt and crema from the following brands: Tio Francisco, Don Francisco, Rizo Bros, Rio Grande, Food City, El Huache, La Ordena, San…
Animal-free” milk brand Remilk gets green light in Canada
A company that makes “animal-free” milk and milk products has got the green light from Health Canada. In a news release today, Israeli startup Remilk, which uses the tagline “Real Dairy. No Milk,” announced it had received a ‘No Objection Letter’ from Health Canada. This will “open the door for use of Remilk’s protein in…
BJP workers bring cattle to Bengaluru protest, ask milk subsidies
Karnataka Bharatiya Janata Party workers bought their cattle along at a protest against the Chief Minister Siddaramaiah-led Congress government in the state for not providing subsidies on milk production. The BJP workers staged the protest at the Freedom Park in Bengaluru and raised slogans alleging that the state government had not released dues to the…
High protein dairy is booming but how healthy is it ?
Danone has become the latest manufacturer to release a range of high-protein dairy products in the UK. But can high-protein yogurts – that typically contain thickeners, starches and sweeteners – really be considered ‘healthy’? From cheese to yogurt, high-protein dairy products are highly sought-after among consumers – whether active consumers looking to build muscle, or…
Kerala Budget 2024-25| Animal husbandry earmarked ₹277.14 crore
The State Budget for 2024-25 has set aside ₹277.14 crore for the animal husbandry sector. Out of this ₹82.50 crore is for the public sector undertakings in the animal husbandry sector and ₹57 crore is for Kerala Veterinary and Animal Science University. A total of ₹109.25 crore is set aside for dairy development. Of this,…