Unseasonal Rains Hit Demand for Dairy-Based Summer Products Across Key Markets
India’s dairy and FMCG sectors are witnessing a sharp dip in demand for summer-centric dairy beverages and products like ice creams, flavored milk, and lassi due to unexpected rains and cooler weather in North India. According to the Retailers Association of India (RAI), sales of summer categories—including dairy-based refreshment drinks—have fallen by 15% over the […]
Milk, Lassi Spoil Prematurely in Pune’s Rising Heat
The intense heatwave sweeping across Pune and surrounding regions has started to take a toll on the city’s dairy supply chain, leading to premature spoilage of milk and dairy-based drinks like lassi and buttermilk. According to local traders and distributors, the soaring daytime temperatures, currently hovering above 40°C, are overwhelming cold chain capacities and impacting […]
DAIRY NEWSWORLD DAIRY NEWS “Open Innovation” Competition Finalists Highlight Dairy as an Ingredient
The California Milk Advisory Board (CMAB) announced eight finalists in the Real California Milk Excelerator, a partnership with innovation consultancy VentureFuel. The program is focused on identifying, curating, and accelerating dairy-based products – including traditional consumer food and beverage items, textiles and beyond. The competition will award up to $500,000 in prizes for startups that […]
“Open Innovation” Competition Finalists Highlight Dairy as an Ingredient
The California Milk Advisory Board (CMAB) announced eight finalists in the Real California Milk Excelerator, a partnership with innovation consultancy VentureFuel. The program is focused on identifying, curating, and accelerating dairy-based products – including traditional consumer food and beverage items, textiles and beyond. The competition will award up to $500,000 in prizes for startups that […]
Dairy Farmers to Stage Dharna in front of Parliament on 27 Jul on GST
The Dairy Farmers Federation of India (DFFI), which is part of the All India Kisan Sabha, has called upon dairy farmers across the country to join a dharna and a demonstration in front of the Parliament on July 27. The organisation has asked dairy cooperatives and traders to participate in the campaign against GST imposition on dairy […]
Paneer, Meat, Papad Will Cost You More From July 18.
The tax rates on certain goods and services will rise from July 18, including some new products brought into the the tax net, under the Goods and Services Tax (GST), according to the finance ministry after the GST Council meet. The GST Council has accepted the recommendations of a panel of State Finance Ministers and […]
Govt planning to remove gst exemption on dairy products in phases
The Group of Ministers (GoM) formed for GST rate rationalisation met on 17th June 2022, making some key proposals. It shall be placing an interim report before the GST Council, scheduled to meet on 28th and 29th June 2022 at Chandigarh. Sources to media publications claim that the interim report mentions that any of the […]
Lassi exempted from GST but not Flavoured milk beverages
The GST Authority for Advance Rulings (AAR-Gujarat) has held that Lasi the fermented milk product, is exempt from items and companies tax (GST). The AAR made the ruling in a latest case the place a Valsad-based producer and provider — Sampoorna Dairy and Agrotech — had approached it on the relevant GST fee. On the flip aspect, owing to the complexities in classification, AAR […]