Neobank Digivriddhi Bags $6 Mn Funding in Series A funding
Digivriddhi will deploy the fresh proceeds to expand its footprint across Karnataka, Andhra Pradesh, Telangana, Madhya Pradesh and Maharashtra The Bengaluru-based firm offers dairy farmers and microenterprises access to institutional credit while easing and digitising payments across the dairy value chain In 2021, the startup bagged seed funding of $3.1 Mn led by Omnivore and […]
A farmer’s fate: living in hope or perishing in despair
Kolakkad native M R Albert (73) committed suicide in Kerala on the day after the national Milk day. He had served as the president of Kolakkad Dairy Co-operative Society for 25 years. He had to give his life because of a paltry Rs 2 lakh loan from Kannur District Co-operative Bank. How much does a […]
Dairy farmers pour milk at Indapur on Pune-Solapur highway
Indapur, 27th November 2023: Farmers in Indapur, Pune district of Maharashtra, took to the streets yesterday, staging a protest on the Pune-Solapur national highway to demand fair pricing for milk and support for the agricultural sector. The demonstration, led by young farmers Omkar Sarde and Sagar Petkar from Kandalgaon, aimed to draw attention to the […]
Gopalan conference held in West Odisha with 5000 Dairy Farmers
The Gopalan conference has been organized in West Odisha. In the two-day conference, the participation of dairy farmers was recorded. A total of 6,000 people joined with 5,000 dairy farmers from various districts of West Odisha. District Administration, Department of Fisheries and Wildlife, The conference, which was held at the PhD campus under the auspices […]
Nandini Reduces Milk Procurement Price by Rs 2 per Litre
The Bangalore Milk Union Ltd (Bamul), the company behind the Nandini brand of milk in three districts, has made the decision to decrease the procurement price from dairy farmers by Rs 2 per litre. This change will have a significant impact on farmers who are already facing challenges due to a poor monsoon and a […]
Dairy farmers fed up with ties to Guj, want a milk policy in Rajasthan
Dairy farmers in the Jalore and Sirohi districts of Rajasthan are unhappy with the BJP and Congress parties due to the lack of support for their industry. These farmers sell their cow milk to Banas Dairy in Gujarat and are demanding a similar setup within Rajasthan to get better prices. Currently, around 2 lakh litres […]
Investors: Dairy must communicate on ESG to win confidence
Dairy farmers must tell investors and consumers what they are doing on sustainability issues if they are to win the confidence of the investment community, a panel of investment advisers said here last week at the International Dairy Federation’s World Dairy Summit. Will Pomroy of Federated Hermes, a United Kingdom firm, said, “The investment industry […]
Purabi Dairy to release Rs 1.47 cr additional price to dairy farmers
The North Eastern Region’s largest dairy cooperative, Purabi Dairy, announced on Friday that it would release Rs 147.91 lakh as an additional milk procurement price to the farmers of the state. West Assam Milk Producers’ Co-operative Union Ltd (WAMUL), which operates the Purabi brand, informed that the decision will benefit thousands of dairy farmers as […]
Fonterra increased dairy farmers milk price by 50c
Dairy giant Fonterra has raised its forecast milk price for farmer suppliers by 50 cents to an effective $7.25 per kilogram of milk solids. It’s the latest twist in what’s looking like a very up and down season for farmers. Just before the latest season started in June Fonterra gave an initial forecast of, in […]
Dairy farmers urge CM Stalin to enhance subsidy for cattle feed
Dairy farmers, who have been seeking a hike in procurement prices, have urged Chief Minister M.K. Stalin to announce an increase in subsidy for concentrate cattle feed. “Since most of the cows in the State are cross-bred with jersey cattle, they need this feed and farmers are unable to buy it as it is costly. […]