What is PMFME Scheme ? Micro market is sufficient for a micro enterprise
PMFME stands for Prime minister Formalisation of Micro Food processing enterprise Scheme. India has over 2.5 million micro food processing enterprises operating in the unorganised or informal sector. This informal sector has only 7% share in investment and 3% in outstanding credit. However this sector generates 74% of the total employment with one third as […]
What is PMFME Scheme ? Micro market is sufficient for a micro enterprise
PMFME stands for Prime minister Formalisation of Micro Food processing enterprise Scheme. India has over 2.5 million micro food processing enterprises operating in the unorganised or informal sector. This informal sector has only 7% share in investment and 3% in outstanding credit. However this sector generates 74% of the total employment with one third as […]
What is PMFME Scheme ? Micro market is sufficient for a micro enterprise
PMFME stands for Prime minister Formalisation of Micro Food processing enterprise Scheme. India has over 2.5 million micro food processing enterprises operating in the unorganised or informal sector. This informal sector has only 7% share in investment and 3% in outstanding credit. However this sector generates 74% of the total employment with one third as […]
Milma opposes Centre’s move to impose tax on milk cooperative societies
Centre has decided to bring dairy cooperatives earning over ₹50 lakh under IT purview The Kerala Cooperative Milk Marketing Federation, popularly known as Milma, has strongly opposed the Centre’s move to impose income tax on the Anand-model primary milk cooperative societies Milma will organise a mass protest at the Palayam Martyrs Column on Tuesday to […]
Easiest way to solve a problem is stop participating in the problem
Dairy industry in India is passing through an interesting time. With each day passed the threat of a third wave is waning off. Large dairy groups have begun to expand through organic or inorganic growth routes. The sales in Hotels and restaurants is improving because the footfall in markets has improved. Everyone is looking forward […]
Government all set to tax poor dairy cooperatives
The plan of Central government to tax dairy cooperatives receiving more than 400 litres of milk a day is likely to affect the earnings of dairy farmer. Around 2 lakh dairy farmers will be directly affected if the plan is implemented. According to the Centre’s notification, all dairy cooperatives which receive more than 400 litres […]
DAIRY POLICY Why creation of the cooperation ministry is unsolicited ?
Some 150 years ago, during British reign, big farmers in the western region of Maharashtra agitated over unfair lending practices and demanded a just and inclusive financing structure. This is where the genesis of cooperative movement took place. The legal architecture of the sector began evolving around 1904 under colonial rule and in 2002 the […]
Why creation of the cooperation ministry is unsolicited ?
Some 150 years ago, during British reign, big farmers in the western region of Maharashtra agitated over unfair lending practices and demanded a just and inclusive financing structure. This is where the genesis of cooperative movement took place. The legal architecture of the sector began evolving around 1904 under colonial rule and in 2002 the […]
Maharashtra co-operative sector might be on a roller-coaster soon
Move seen as BJP’s bid to make inroads into a sector that was traditionally dominated by Congress, NCP The Centre’s decision to set up a Ministry-of-Co-operation to be headed by Home-Minister Amit Shah has stirred Maharashtra’s co-operative sector. Co-operative-barons-in the State have also objected to the recent amendments in the Banking Regulation Act to enhance […]
Success of India’s dairy sector is not just thanks to private players
Ashok Gulati-Ayushi Khurana (G&K hereafter) compile the many visible indicators of the growth and importance of the milk-economy in their article : Read : From Plate to Plough: India, A land of milk and money These include the quantum of production, rate of growth, share in GDP; and their comparisons with those of other sectors or […]