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DAIRY NEWS Budget 2023 to give impetus to dairy processing, says ICRA

DAIRY NEWS Budget 2023 to give impetus to dairy processing, says ICRA - Dairy News 7X7

The incentives announced in the Union budget 2023-24 for the cooperative sector are expected to boost dairy processing industry in the country, said ratings agency ICRA. Finance Minister Nirmala Sitharaman in her budget speech said: “Co-operatives that commence manufacturing activities till March 31, 2024 shall get the benefit of a lower tax rate of 15 […]

Ranjith Mukundan-Stellapps wish for soft green credit in dairying

Ranjith Mukundan-Stellapps wish for soft green credit in dairying - Dairy News 7X7

In an interview on CNBC TV 18, Ranjith Mukundan shared his priorities for the dairy sector. His key ask was to have green credit at soft terms for interventions in dairy sector using renewable energies. He also demanded dairy farmers to be considered at par with the agri producers from taxation perspective. https://youtu.be/CZrU37N2tgM In a […]

Budget 2023| With inflation fears less money in the hands of consumers

Budget 2023| With inflation fears less money in the hands of consumers - Dairy News 7X7

A consumer in Delhi now pays at least Rs. 8 more for a litre of packaged milk compared to the beginning of 2022 because of several price hikes by prominent milk brands Mother Dairy and Amul. And while the smallest pack of Parle G biscuits still costs Rs 5, the weight of ingredients in the pack […]