Diwali se Diwali tak – Where did the dairy commodities money go?
Diwali was observed on November 12th this year, a shift from its date in 2022 on October 24th. Over the past 384 days, the dairy industry has experienced a roller coaster of events. This year witnessed a positive trend with continuous milk availability throughout. During the summer of 2023, the utilization of dairy commodities reached…
The Ayurveda Company Invests in Vastu Ghee Brand
T.A.C, The Ayurveda Company, is thrilled to announce that Ms. Shreedha Singh, CEO, and Co-Founder of the organization, has made a substantial investment in Shree Radhe Dairy Farms, particularly in their renowned brand, Vastu Ghee, through the groundbreaking show ‘Indian Angels.’ Five Angel investors, including Ms. Singh, collectively invested INR 2 Crores for a 2%…
Maharashtra: Diwali distress for dairy farmers
The procurement price of milk with 3.5 per cent fat and 8.5 per cent SNF (solid not fat) in Maharashtra has crashed from Rs 35/litre to the present Rs 28-29/litre. Barring cooperative dairies, private players have begun correcting prices which has led to unrest among dairy farmers. Constant correction in milk procurement prices by dairies…
GST Council Cannot Classify Goods under GST on Flavoured Milk
While giving relief to Parle Agro on taxability of flavoured milk, the Madras High Court has held that GST Council cannot determine the classification, A single judge bench, in its recent ruling, held that flavoured milk would attract GST at the rate of 5 per cent. The GST Council, in its meeting on December 22,…
Saputo indicates pricing cycle linked to inflation near end
Saputo has indicated the pricing cycle linked to inflation is coming to an end but the international dairy major is still seeing some “softness” in the category. While Saputo said volumes across the group were “stable” in the second quarter and were higher in its domestic Canadian market, export volumes remained under pressure, particularly in Europe…
Turn your waste into clean energy-Homebiogas Israel in India
An Israeli company capable of turning food scraps and other organic waste into fuel will be installing 7,000 units of its system on dairy farms in India. HomeBiogas has created a miniaturized anaerobic digester, a tank that uses microorganisms to digest the organic waste and release a methane-rich gas, which can be used for cooking or heating…
Chocolate V/s Traditional Mithais: The more the merrier
ACCORDING TO THE International Cocoa Organisation, India’s per capita consumption of chocolate is between 100 gm and 200 gm a year, much lower than Japan, which consumes around 2 kg of chocolate per person per year, and even Europe, where the consumption lies between 5 kg and 10 kg a year. Yet, chocolates seem to…
Sena (UBT) to stop Gokul dairy’s milk tankers today
Leaders and workers from the district have decided to stop milk tankers moving in and out of the processing facility at Kolhapur’s largest milk cooperative Gokul dairy, on Saturday morning. Ten days back, the Sena(UBT) delegation met Gokul dairy management and demanded an increase in the prices of cow milk to Rs36 per litre. The dairy reduced the…
With KMF pressurising, milk prices likely to be hiked soon
The milk federations in the state have proposed price rise of Nandini milk. It is learnt that the prices of milk and curd will increase from New Year. Minister for animal husbandry Venkatesh said, “The milk federations have placed a proposal in front of state government saying that they are incurring loss and the milk…
China to import milk, dairy products from Pakistan
The Chinese government’s decision to allow the import of milk and dairy products from Pakistan marks a significant milestone in bilateral trade relations between the two countries and has potential to create a new avenue for economic cooperation, Ghulam Qadir Commercial Counsellor at Pakistan Embassy said. As China continues to diversify its import sources, the…