Diary Sector Current Affairs - 2020

June 1: World Milk Day

Every year World Milk Day is celebrated on June 1 by the Food and Agriculture Organization of the United Nations. The day is celebrated to bring awareness and attention to the activities associated with the diary sector. Highlights June 1 was chosen to be celebrated as World Milk Day by the FAO in 2001. The Read More…

Revision of interest subvention under Diary Processing and Infrastructure Development Fund from 2% to 2.5%

The Cabinet Committee on Economic Affairs recently approved its revision of interest subvention rates from 2% to 2.5% per annum. This is being done under Diary Processing and Infrastructure Development Fund (DIDF). Highlights Under the DIDF, GoI will now provide interest subvention up to 2.5% to NABARD till 2030. This shall enable NABARD in devising Read More…

Meghalaya Milk Mission launched in Shillong

Meghalaya Milk Mission was launched in Shillong. It is Rs. 215 crores project sanctioned by Union Ministry of Agriculture and Family Welfare through National Cooperative Development Corporation (NCDC). The amount will be utilised for various training under dairy farm, chilling centre and purchase of milch animal. Meghalaya Milk Mission Milk Mission has been conceptualised to Read More…