GCMMF to get ₹50 per kg for SMP exports for next six months
The subsidy support is fixed at ₹50 per kg of SMP with a ceiling of ₹150 crore for the entire scheme, which will be active for a period of six months starting July 1 to December 31, 2021. Notably, international SMP prices have fallen by about 9.5 per cent since May 2021 to USD 3,126 […]
Export subsidies for Skim Milk Powder questioned at WTO
India’s Agriculture Infrastructure Fund and cotton subsidies have come beneath scrutiny on the WTO , with Australia looking for clarity on the scope of the fund and affirmation that New Delhi has not exceeded its 10% ceiling assist, known as de minimise in commerce parlance, for the pure textile fibre. Australia has requested India to […]
How could export of SMP save the dairy farmer and the industry
Milk cooperatives in Gujarat are of late finding it difficult to sell the 90,000 metric tonnes of skimmed milk powder, worth Rs 1,850 crore, they have in stock. On October 13, the state government came forward to offer an export assistance of Rs 150 crore which will provide Rs 50 for every kilogram of milk […]
Would Rs 150 Crore export subsidy improve the milk prices in Gujarat
The Gujarat government will provide an assistance of Rs 150 crore to milk cooperatives in the state to help them export milk powder. The government will provide Rs 50 for every kilogram of milk powder exported by the cooperatives who currently have a massive stock of 90,000 metric tonnes. “In Gujarat, about two crore litres […]
DAIRY NEWS Dairy Industry seek 20% subsidy to export Skimmed Milk Powder for the sake of farmers
Dairy cooperatives in the country have sought a 20% export incentive for milk products, as there are ample stocks amid drop in demand from bulk consumers. This will ensure better returns for dairy farmers, they said. At current global rates of SMP this subsidy will amount to Rs 400 Crores for 100000 MT of SMP […]
Dairy farmers demand Rs10/liter Milk subsidy directly to their Bank accounts
Dairy farmers in Maharashtra state have been protesting against lower milk procurement prices during Covid since July 20th. These farmers are led by various organisations across Maharashtra with a support from opposition political parties. All India Kisan Sabha led thousands of dairy farmers to march in around 20 districts during the agitation. Leaders from the […]