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LATEST NEWS UPDATES | No worries, government assures dairy industry on RCEP -Jitendra

No worries, government assures dairy industry on RCEP -Jitendra

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published Published on Sep 22, 2019   modified Modified on Sep 22, 2019
-Down to Earth

India’s homegrown dairy industry would require a support of around Rs 8-10 per kilogram of milk if the government allows import of dairy products from New Zealand and Australia under RCEP

The Union government would not take any decision against the interests of homegrown cooperatives and private dairy companies as far as the Regional Comprehensive Economic Partnership (RCEP) was concerned.

This was the assurance given by the Union Ministry of Commerce and Industry to representatives from the dairy industry during a closed-door meeting on September 18, 2019.

The government had invited senior officers of the National Dairy Development Board including officials of cooperative milk companies from states like Punjab, Karnataka, Tamil Nadu, Jharkhand, Rajasthan, Chhattisgarh, and Bihar to the meeting.

RG Chandramohan, the managing director of India’s largest private dairy company Hatsun Agro Product Ltd, also attended the meeting at Udyog Bhavan in New Delhi.

The meeting was conducted by Sudhanshu Pandey, additional secretary, Trade Policy Division and chief negotiator for RCEP in the commerce ministry.

 “Pandey gave a patient hearing to all of our concerns,” a senior official of a cooperative company, who attended the meeting, said. “He assured us that government will not do anything which impacts our farmers on a large scale,” he added.

“During the meeting, it was calculated that India’s homegrown dairy industry would require a support of around Rs 8-10 per kilogram of milk if the government allows import of dairy products from New Zealand and Australia at zero tariff under the RCEP agreement,” the official said.

RCEP is a proposed free trade agreement of 16 countries. It is being negotiated between the 10-member Association of Southeast Asian Nations or ASEAN, India, China, South Korea, Japan, Australia and New Zealand.

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Down to Earth, 19 September, 2019, https://www.downtoearth.org.in/news/economy/no-worries-government-assures-dairy-industry-on-rcep-66810


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