-The Hindu Business Line Mumbai: The dairy and animal husbandry sectors are again under focus in the Union budget with the Modi Government setting the ambitious target of doubling Milk processing capacity to 108 million tonnes by 2025. Dairy giant such as Amul views the target as a window of opportunity for the dairying sectors and income enhancement for the farmers. R S Sodhi , MD of Amul, told BusinessLine that steps such...
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Agriculture as solution -Harish Damodaran
-The Indian Express Turnaround in farm prices is the only good news in today’s overall dismal economic environment. The Narendra Modi government’s first term (June 2014 to May 2019) was marked by benign consumer food price inflation. At a mere 3.3% year-on-year, it averaged below even the 4.3% for overall retail inflation. Politically, the ruling party benefited, given that there are far more consumers of Milk in India than dairy farmers. The...
More »Why food inflation may turn sticky -Sayantan Bera
-Livemint.com * Despite the slowdown in rural demand, the spike in food prices is not showing any signs of cooling. Here’s why * This is the best time for the budget to address the volatility in food prices. Reliable market intelligence on crop production and timely advisories to farmers can help stabilize prices New Delhi: For more than five years now, the Indian countryside has only heard stories of anguish. Consecutive years of...
More »Milk prices could increase by Rs 8-10 in summer due to fall in production, fodder shortage -Samyak Pandey
-ThePrint.in Stakeholders ask Modi govt to import Milk & Milk products to create buffer stock. This would make India a net importer for the first time since 2011-12. New Delhi: A shortage of fodder and a resultant decline in Milk production and procurement has meant that prices of the essential item could increase by Rs 8-10 in the summer. Citing this dairy shortage, multiple Milk federations and the Indian Ice-Cream Manufacturers’ Association (IICMA)...
More »What a sharp rise in inflation rate amid spike in food prices means -Prabhat Patnaik
-Newsclick.in Even as the growth rate of the Indian economy is slowing down, and the index of industrial production (IIP) is actually showing negative growth for three consecutive months, August to October (over the corresponding months a year ago), the inflation rate in the economy has started accelerating. Significantly, the acceleration in inflation has been the sharpest precisely during these very months when the contraction in industrial output has been the...
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