Fate of dairy farms in limbo as Delhi High court weighs health concerns
The future of hundreds of dairy farms in Ghazipur and Bhalswa, where two of the city’s three landfill sites are located, hangs in the balance with the Delhi High Court scrutinising their compliance with legal and environmental standards. Late last month, the court had remarked that there was a need to shift Ghazipur and Bhalswa…
GST Council Recommends a Uniform Rate of 12% on all Milk Cans Meaning Steel, Iron, Aluminium
The 53rd GST council has recommended uniform rate of 12% on all meaning steel, iron, aluminum which are irrespective of the use. The Finance Minister Nirmala Sitharaman presided over the 53rd meeting of the GST Council today (22nd June 2024) at New Delhi with Revenue Secretary and CBIC Chairman. M Sitharaman said, “Council recommended to…
Packaged milk per litre: Consumers to pay Rs50 more from July 1
Pakistani packaged milk consumers will pay an additional Rs50 per litre starting July 1, 2024 due to the implementation of an 18 percent General Sales Tax (GST) in budget. The proposed 18 percent sales tax on packaged milk in the new budget could prove to be disastrous and, if not withdrawn, may shrink the size…
New laboratories will be established in four cooperative milk unions, says Mano Thangaraj
New laboratories will be established in four newly created district cooperative milk unions under the National Programme for Dairy Development (NPDD) to ensure the supply of quality milk products from farmers, announced Milk and Dairy Development Minister Mano Thangaraj, at the Tamil Nadu Assembly on Saturday. The labs would be set up in Cuddalore, Tiruvannamalai,…
Dairy dominoes: How China’s increased dairy self-sufficiency is reshaping global trade
China’s growing self-sufficiency in dairy production is having a profound influence on global dairy trade. As China produces more dairy products domestically, New Zealand must seek alternative markets for its whole milk powder exports, leading to greater global dairy export competition and below-average milk powder prices. China’s increased dairy production ripples around the globe China’s…
How the Plant-Based Products Market Is Winning Investors’ Favor
The plant-based ingredients sector is undergoing a transformative evolution, driven by a significant shift in consumer preferences and innovative advancements within the industry. Historically overlooked by investors who perceived it as a mere commodity sector, the burgeoning plant-based ingredients market is now being recognized for its immense potential for value-added expansion and wealth generation. According…
EnNutrica IPO begins bidding today: Check GMP, price band, lot size
The milk products manufacturer EnNutrica’s initial public offering (IPO) opens for subscription today, June 20, 2024. The primary issue aims to raise Rs 34.83 crores comprising entirely a fresh issue of 6.45 million shares. EnNutrica secured Rs 9.90 crore from anchor investors on June 19. The anchor investor list includes Next Orbit Ventures Fund, Nova…
Retail inflation easing, food prices remain a concern: RBI
Retail inflation is gradually easing but the path has been interrupted by volatile and elevated food inflation, which may cause it to reverse after a temporary fall below the target during the second quarter of 2024-25, a RBI bulletin said on Wednesday. The central bank has consistently cautioned about the volatile food prices, particularly of vegetables and some cereals, which…
Longer calving interval resulted in heifers with greater body weight and lower milk
In a pioneering research study, scientists have established relationship between calving interval and its impact on the offspring’s health, milk production in their first 100 days of first lactation and other important factors. Extending the time before inseminating dairy cows voluntarily could reduce how often they give birth, aiming to choose better times for insemination…
Amul’s entry won’t impact Aavin-Mano Thangaraj
Amul’s entry into the city and northern Tamil Nadu will not impact Aavin’s sales, said Mano Thangaraj, TN dairy development minister. He said Aavin is open to market expansion just as Amul is entering new areas. At a press conference on Wednesday, Thangaraj said that while Amul is expanding its presence in the United States, Aavin has the potential to expand…