Milk prices are expected to remain high this summer due to tight demand-supply balance and high input costs, said Reserve Bank of India (RBI) Governor Shaktikanta Das at the first bi-monthly monetary policy of 2023 on Thursday. “Milk prices could remain firm due to high input costs and seasonal factors,” said Das. The RBI’s observation comes a day after reports stated that the government was mulling import of Dairy products this...
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Retail inflation for milk is high, higher for Dairy products
-The Hindu Business Line Average prices of liquid milk in the North Eastern region saw the highest increase between January 1 and November 22, followed by the North, East, West and South regions. Inflationary pressures on milk remain unabated as Mother Dairy has decided to hike prices on two of its milk variants, effective Monday. While milk prices have been on the rise this year, Dairy products such as curd and ice...
More »Antimicrobial resistance: Intensification of food production must be sustainable -Habibar Rahman and Kennady Vijayalakshmy
-Down to Earth Rise in demand for meat and Dairy products was reconciled through the intensification of livestock systems Intensification of food production is gaining prominence in a world battered by climate change and food insecurity. Intensification aims to increase output for each unit of input (labour, land, time, fertiliser, seed, feed, or money). The need for intensification is more pressing when the supply of food needs to be augmented. For instance, in...
More »33% Indian households cut milk consumption amid price rise concerns: Survey
-IANS/ Business Standard LocalCircles -- a community social media platform -- conducted a survey to gather information on how the households are coping with it Rising prices of milk has led to one in three Indian households either downgrading brand or reducing consumption, says a survey. Amid complaints on rising milk prices, LocalCircles -- a community social media platform --, conducted a survey to gather information on how the households are coping with...
More »GST on Dairy products a ‘Death Warrant’ for Small Farmers, Say Farmers’ Organisations -Ravi Kaushal
-Newsclick.in "The recent changes in GST will not benefit primary producers or consumers who are already reeling under high inflationary pressure," said Ashok Dhawale. Coming down heavily on introducing the Good and Services Taxes (GST) on Dairy products, the farmers' organisations on Saturday said that it would prove to be a “death knell” for small dairies and farmers who have been barely managing the rising input costs. Ashok Dhawale, President, All India Kisan...
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