Dairy dept in Wayanad has revealed significant cattle losses
A preliminary assessment by the Animal Husbandry department has revealed significant losses to the animal husbandry and dairy sectors in the landslide-hit areas of Wayanad district. Following a review by Minister for Animal Husbandry J. Chinchurani in Wayanad on Thursday, the department reported that among the 40 dairy farmers in the Chooralmala dairy cooperative, 14 […]
Milk Mantra Posts INR 12.3 Cr Loss In FY23 As Sales Remain Flat
SUMMARY Milk Mantra slipped into the red in FY23 after reporting a net profit of INR 13.6 Cr in FY22 The dairy tech startup’s operating revenue rose a marginal 2% year-on-year (YoY) to INR 272.9 Cr in FY23 as sales of milk dipped 4.6% YoY Total expenditure increased 13% to INR 289.4 Cr in FY23 […]
Aavin has been operating at a loss of Rs 700 crore since May 2021
Aavin, the largest dairy co-operative of Tamil Nadu and a trusted brand among the households, is now facing a downfall in the market due to reduction in supply of its products, alleged sub-standard quality (with reduction in fat content) and lack of distribution. It was May 7, 2021. Chief Minister MK Stalin signed an order […]
Imported palm oil mixed to make cheap ghee- Congress
The Congress on Tuesday said the liberal import policy of the Modi government is causing a “huge crisis” for the farmers in the country. Congress general secretary Jairam Ramesh said soyabean is being sold by farmers in Madhya Pradesh and Rajasthan at rates lower than the minimum support price and they are also not getting […]
Can’t supply Nandini ghee to Tirupati and incur loss, KMF chairman
Karnataka Milk Federation chairman Bheema Naik said there is no question of supplying Nandini ghee for making Tirupati laddus and incurring loss. “It (KMF) is a farmers’ federation. Is it possible to supply ghee to Tirupati incurring a loss? There is immense demand for Nandini ghee in the market. Consumers are purchasing a litre of […]
Can’t supply Nandini ghee to Tirupati and incur loss, KMF chairman
Karnataka Milk Federation chairman Bheema Naik said there is no question of supplying Nandini ghee for making Tirupati laddus and incurring loss. “It (KMF) is a farmers’ federation. Is it possible to supply ghee to Tirupati incurring a loss? There is immense demand for Nandini ghee in the market. Consumers are purchasing a litre of […]