MoFPI issues guidelines for ‘PLI Scheme for the Food Processing Industry’
The Ministry of Food Processing Industries (MoFPI) has issued detailed operational scheme guidelines and has launched an online portal for‘Production Linked Incentive Scheme for Food Processing Industry’(PLISFPI). The detailed guidelines of the scheme are available at Ministry’s website www.mofpi.nic.in. Union Minister for Food Processing Industries Shri Narendra Singh Tomar launched and online portal for the beneficiaries….
Yogurt Can Mitigate Cytokine Storms In COVID-19 Patients
What is a Cytokine Storm? One of the great mysteries of the new coronavirus is why it causes only mild disease in most people, but turns fatal for others. In many cases, it seems the worst damage may be driven by a deranged immune response to the infection, rather than the virus itself. In many of the…
Gujarat dairies asked to set up oxygen plants after Banas dairy’s initiative
After Banas Dairy’s successful execution of oxygen plant for Covid-19 patients at its medical college in Palanpur, the Gujarat government has now directed all dairy unions in the State to come forward and setup oxygen facilities in their respective districts. In a circular issued on Wednesday, Gujarat’s Registrar of Cooperatives has directed all the district…
Milk sales dropped from 95 lakh to 50 lakh lpd due to covid second wave
The government needs to intervene help dairies with export incentives to bring stability to the market, he said. Lockdown-like restrictions across Maharashtra due to the second wave of Covid-19 has impacted demand for milk and milk products hitting sales by at least 40-60%. With supply exceeding demand, dairies have reduced their procurement prices by Rs…
DAIRY NEWS KMF milk sales down by 27% as time frame for milk sale shrinks
One of the largest milk farmers’ bodies in the country, the Karnataka Milk Federation (KMF) is facing a herculean task of sustaining during the curfew. A very short window of four hours between 6 a.m. and 10 a.m. for milk business to operate daily has brought down sales by over 27%. KMF has seen an…
DAIRY NEWS Milk powder prices fall as demand for milk products dip during Covid 2.0
The ongoing lockdown due to Covid-19 case surge, and the resultant dip in demand, are once again plaguing the dairy industry. The sector, which was enjoying good returns till about a month ago, is now worried about the adverse impact if the lockdown continues for a longer time. As shops, restaurants and hotels remain closed,…
Cadbury and Oreo brand see a Covid disruption in western India
Confectionary major Mondelez on Wednesday said it expected some pockets of disruption in India, amongst its key markets, because of the surge in Covid-19 cases over the past one-and-a-half months. The firm, which follows a January-December accounting calendar, is best known for chocolate brand Cadbury and biscuit label Oreo in India. Addressing investors during a…
Sangam Dairy brought under AP Dairy Development Corporation
The State government has issued a withdrawal order bringing the Sangam Dairy under the AP Dairy Development Corporation. The Sub-collector of Tenali has been named as the person in charge with the responsibility of overseeing the smooth and uninterrupted operation of the unit. “In order to ensure that there is no further depletion of assets…
AP government has no power to take over Sangam dairy
TDP national official spokesperson K Pattabhi Ram on Tuesday asserted that the Andhra Pradesh government had no right to meddle in the affairs of the Sangam dairy since it had no shares in the milk producers’ company which was being owned by over 1.2 lakh dairy farmers spread over the Krishna and Guntur districts. Pattabhi…
Dodla Dairy Sebi’s go-ahead to float initial share-sales (IPO)
The two companies filed their preliminary papers with Sebi on February 15 and obtained its observations on April 23, an update with Sebi showed on Monday. Non-banking financial company Arohan Financial Services and Dodla Dairy, a leading dairy company in South India, have received capital markets regulator Sebi’s go-ahead to float initial share-sales. Sebi’s observation…