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Cooperative model best suited for development of India: Amit Shah

Cooperative model best suited for development of India: Amit Shah - Dairy News 7X7

Union Home and Cooperation Minister Amit Shah on Sunday described the cooperative model as the best suited model to achieve an all-encompassing and inclusive development in a huge country like India with a population of 130 crore. Mr. Shah said the cooperative model had the capacity to bring prosperity for all and there was a […]

Dairy Farmers To Get “Kisan Credit Card”: Union Minister

Dairy Farmers To Get “Kisan Credit Card”: Union Minister - Dairy News 7X7

Union Minister Parshottam Rupala on Friday said the ”kisan credit card” will be given to dairy farmers as well enabling them to get loans of up to ₹ 3 lakh at reduced interest rates. Speaking at the National Milk Day celebrations in Anand in Gujarat, the Union minister of Fisheries, Animal Husbandry and Dairying also launched online […]

Digivridhi Fintech startup for dairy farmers raises 3.1 mill USD

Digivridhi Fintech startup for dairy farmers raises 3.1 mill USD - Dairy News 7X7

Digivriddhi Technologies Private Limited, DGV a Dairy Industry focused neo-banking startup, has raised $3.1 million pre-series A round from Info Edge Ventures and Omnivore. Through its assisted digital platform, DGV has chosen to focus on India’s 75 million dairy farmers, providing them access to formal banking and world class financial services. Ragavan Venkatesan, Founder and […]

Dairy Sahakar a 5Kcr scheme launched for encouraging dairy cooperatives

Dairy Sahakar a 5Kcr scheme launched for encouraging dairy cooperatives - Dairy News 7X7

With an aim to realise Prime Minister Narendra Modi’s vision of ‘from cooperation to prosperity’, Union Minister of Cooperation Amit Shah and Union Minister for Fisheries, Animal Husbandry and Dairying Parshottam Rupala have jointly launched ‘Dairy Sahakar,’ a scheme envisaging investment of Rs 5,000 crore having focus on encouraging cooperative dairy businesses in the country. […]

Private players collects more milk in 8 of the top 12 States in India

Private players collects more milk in 8 of the top 12 States in India - Dairy News 7X7

Gujarat, Bihar and Karnataka are among the States where cooperative dairies collect more milk compared to private dairies Private players have a strong foothold in eight of the top 12 milk-producing States in the country that account for 88 per cent of the country’s milk production as of 2019-20, according to a study commissioned by […]

What is PMFME Scheme ? Micro market is sufficient for a micro enterprise

What is PMFME Scheme ? Micro market is sufficient for a micro enterprise - Dairy News 7X7

PMFME stands for Prime minister Formalisation of Micro Food processing enterprise Scheme. India has over 2.5 million micro food processing enterprises operating in the unorganised or informal sector. This informal sector has only 7% share in investment and 3% in outstanding credit. However this sector generates 74% of the total employment with one third as […]

What is PMFME Scheme ? Micro market is sufficient for a micro enterprise

What is PMFME Scheme ? Micro market is sufficient for a micro enterprise - Dairy News 7X7

PMFME stands for Prime minister Formalisation of Micro Food processing enterprise Scheme. India has over 2.5 million micro food processing enterprises operating in the unorganised or informal sector. This informal sector has only 7% share in investment and 3% in outstanding credit. However this sector generates 74% of the total employment with one third as […]

What is PMFME Scheme ? Micro market is sufficient for a micro enterprise

What is PMFME Scheme ? Micro market is sufficient for a micro enterprise - Dairy News 7X7

PMFME stands for Prime minister Formalisation of Micro Food processing enterprise Scheme. India has over 2.5 million micro food processing enterprises operating in the unorganised or informal sector. This informal sector has only 7% share in investment and 3% in outstanding credit. However this sector generates 74% of the total employment with one third as […]

Milma opposes Centre’s move to impose tax on milk cooperative societies

Milma opposes Centre’s move to impose tax on milk cooperative societies - Dairy News 7X7

Centre has decided to bring dairy cooperatives earning over ₹50 lakh under IT purview The Kerala Cooperative Milk Marketing Federation, popularly known as Milma, has strongly opposed the Centre’s move to impose income tax on the Anand-model primary milk cooperative societies Milma will organise a mass protest at the Palayam Martyrs Column on Tuesday to […]

Easiest way to solve a problem is stop participating in the problem

Easiest way to solve a problem is stop participating in the problem - Dairy News 7X7

Dairy industry in India is passing through an interesting time. With each day passed the threat of a third wave is waning off. Large dairy groups have begun to expand through organic or inorganic growth routes. The sales in Hotels and restaurants is improving because the footfall in markets has improved. Everyone is looking forward […]