Dairy Industry Current Affairs - 2020

Animal Husbandry Infrastructure Development Fund: Implementation Guidelines launched

On July 16, 2020, the Union Minister of fisheries, Husbandry and Dairying launched guidelines for Animal Husbandry Infrastructure Development Fund (AHIDF). Highlights The fund will help to increase milk production to 330 million tonnes by 2024. The Government of India is planning to increase milk processing up to 40%. The AHIDF will facilitate incentivization of Read More…

New Scheme for Diary Sector: GoI subsidizes interest rates on working capital

On May 14, 2020, the Government of India launched a new scheme for the diary sector. The scheme has introduced Interest Subvention on Working Capital to support Diary Cooperatives and FPO (Farmer Producer Organization). Key Features The scheme intends to modernize existing milk processing units. It will also enhance the milk processing capacity of the Read More…

Milk Price Rise in India

On December 14, 2019, Gujarat Cooperative Milk Marketing Federation (Amul) and Mother Dairy (owned by National Diary Development Board) increased MRP (Maximum Retail Prices) of their pouched milk by Rs 2 per litre. Why the price rise? The two main reasons behind the price hike is partly structural and partly weather related. The months between Read More…

India, Rwanda sign eight agreements in various fields

India and Rwanda have signed eight agreements in the fields of defence, trade, agriculture, leather and allied products and dairy. The agreements were signed following delegation-level talks between Prime Minister Narendra Modi and Rwandan President Paul Kagame in Kigali, the capital city of Rwanda. PM Modi became first Indian Prime Minister to visit Rwanda. Highlights Read More…

Government bans imports of hormone oxytocin

The Union government has banned imports of hormone oxytocin to stop its misuse in livestock industry, where it causes hormonal imbalances and shortens the lives of milch animals. The Government has decided to rely on domestic production to satisfy requirements of hormone. It has asked customs officials to step up vigilance against those likely to Read More…