Karnataka Bank inks pact with Digivriddhi to offer financial services to dairy farmers

Karnataka Bank has partnered with fintech company Digivriddhi (DGV) to offer financial services catering to the needs of dairy farmers and milk societies. The services will be made available at village dairy co-operative societies associated with milk unions of Karnataka Milk Federation (KMF). To begin with, the services are now made available to milk societies associated […]
Punjab dairy farmers protest at Verka plant against rate reduction

Scores of dairy farmers from across the state gathered outside the Verka plant in Mohali on Monday to protest against the rate reduction. Baldev Singh, ex-chairman of the Milk plant in Mohali said that Milkfed had reduced the rate from ₹83 a litre to ₹80 a litre. “Contrary to our request for a hike in the rate, […]
Banas Dairy to give zero-interest credit cards to cattle breeders

Banas Dairy will provide a zero-interest credit card to cattle breeders starting from January 15th. The credit card will have a limit of Rs. 50,000, and no interest will be charged on the withdrawal of money. Banas Dairy Chairman and Gujarat Assembly Speaker Shankar Chaudhary made this announcement at a religious function in Malupur of […]
Banas Dairy to give zero-interest credit cards to cattle breeders

Banas Dairy will provide a zero-interest credit card to cattle breeders starting from January 15th. The credit card will have a limit of Rs. 50,000, and no interest will be charged on the withdrawal of money. Banas Dairy Chairman and Gujarat Assembly Speaker Shankar Chaudhary made this announcement at a religious function in Malupur of […]
Maharashtra to revise milk subsidy formula for wider coverage

Maharashtra animal husbandry and dairy development minister Radhakrishna Vikhe Patil said on Wednesday that the state government would revise an earlier accepted formula to provide subsidy to milk producers for wider coverage. During the winter session of the state legislature in Nagpur, Vikhe Patil had said on December 20 that the government would give a […]
Amit Shah proposes to give RuPay cards to all farmers in Gujarat

In order to limit cash transactions by farmers, Union minister for home and co-operation Amit Shah on Saturday proposed shifting of bank accounts of all farmers and local cooperative bodies to District-level cooperative banks. “Farmers do not want to do “tax chori” (evade taxes). But the farmers do not know that the moment they give […]
Milma’s Thiruvananthapuram regional union announces interest-free loan scheme for dairy farmers

TRCMPU will provide the interest subsidy in proportion to the milk supplied to the cooperatives. It earmarks ₹1 crore for the scheme The Thiruvananthapuram Regional Cooperative Milk Producers Union (TRCMPU) of Milma will launch an interest-free loan scheme for dairy farmers from January 1, 2024. This is aimed at stepping up milk production to meet […]
Why govt subsidy might prove to be non-starter for dairy farmers in Maharashtra?

Private dairies account for 70 per cent of the 1.25 crore litres of milk collected daily in Maharashtra. Maharashtra Animal Husbandry Minister Radhakrishna Vikhe Patil’s announcement of a Rs 5/litre subsidy for dairy farmers can become a non-starter, according to the industry. The industry said that excluding private dairies and a pre-qualifier base rate of […]
Maharashtra govt announces Rs 5/litre subsidy for milk producers

The Maharashtra government on Wednesday announced a subsidy of Rs 5 per litre for milk producers which will be implemented for the next two months. State animal husbandry and dairy development minister Radhakrishna Vikhe Patil made this announcement in the legislative assembly. he government has decided to give a subsidy of Rs 5 per litre […]
The issue of Milk price will be solved soon: Ajit Pawar

Maharashtra deputy chief minister Ajit Pawar on Friday said in the state assembly that the problems faced by farmers, reservation of Marathas, and other important issues will be discussed and solutions will be found after due discussions with all stakeholders. “The state government is committed to discussing the issues and solving the problems. If needed we will […]