-One World South Asia The World Bank signs an agreement with India to inject $ 352 million into the National Dairy Support Project, an initiative designed to revive the flagging fortunes of milk production in the country. Other than being crucial to the nutritional security of the country’s population; dairy farming or dairying is also a major source of livelihood for 147 million rural households in India. Spurred by the success of the...
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Inflations dips marginally to 6.9% in March
-PTI Inflation was mainly driven by higher food prices India's wholesale price index (WPI) rose a faster-than-expected 6.89% in March from a year earlier, mainly driven by higher food prices, government data showed on Monday. The annual reading for January was revised up to 6.89% from 6.55%, the government said in the release. ...
More »No plain milk: Amul to take legal action against Cadbury-Rachit Vats
Is plain milk not enough? The question has become a bone of contention between dairy major Amul and confectionery giant Cadbury, owned by Kraft Foods. Amul will be taking the legal route against Cadbury for promoting its flagship health drink Bournvita in a misguided way. Amul claims Cadbury's campaign saying milk alone is not nutritious puts the entire dairy industry in a poor light and misguides consumers. "Milk is the best...
More »Rains damage wheat crop, delay harvest
-The Economic Times Rains in the last few days across the country excluding the southern peninsula have affected the standing wheat crop. Harvesting has already been delayed by a fortnight in Punjab, the wheat bowl of the country. State governments are advising farmers not to bring the moisture-laden wheat to market yards for sale. "At isolated places, there are instances of water-logging. It will not impact production with harvesting at its peak...
More »EGoM to discuss issues raised by Pawar
-The Hindu The Empowered Group of Ministers (EGoM) on Food will meet soon following a letter by Union Agriculture Minister Sharad Pawar to Prime Minister Manmohan Singh on curbs over milk, cotton and sugar exports. The EgoM is headed by Union Finance Minister Pranab Mukherjee. Mr. Pawar shot off the letter to the Prime Minister after the EGoM disallowed export of cotton beyond 13 million bales for the current marketing year the...
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