milk production: Current Affairs, GK & News - 2020-2021

Dairy Production in Indus Valley Civilization: Key Facts

Published: November 2, 2020

The Indian and Canadian Archaeologists have found that dairy products were produced by Harappans even before 2500 BCE. The year 2020 marks the 100 years of discovery of Indus Valley Civilization. Key Highlights The study was conducted based on molecular chemical analysis. The analysis of residue in pottery found in Kotada Bhaldi, Gujarat showed traces ..

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June 1: World Milk Day

Published: June 1, 2020

Every year World Milk Day is celebrated on June 1 by the Food and Agriculture Organization of the United Nations. The day is celebrated to bring awareness and attention to the activities associated with the diary sector. Highlights June 1 was chosen to be celebrated as World Milk Day by the FAO in 2001. The ..

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New Scheme for Diary Sector: GoI subsidizes interest rates on working capital

Published: May 15, 2020

On May 14, 2020, the Government of India launched a new scheme for the diary sector. The scheme has introduced Interest Subvention on Working Capital to support Diary Cooperatives and FPO (Farmer Producer Organization). Key Features The scheme intends to modernize existing milk processing units. It will also enhance the milk processing capacity of the ..

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Revision of interest subvention under Diary Processing and Infrastructure Development Fund from 2% to 2.5%

Published: February 21, 2020

The Cabinet Committee on Economic Affairs recently approved its revision of interest subvention rates from 2% to 2.5% per annum. This is being done under Diary Processing and Infrastructure Development Fund (DIDF). Highlights Under the DIDF, GoI will now provide interest subvention up to 2.5% to NABARD till 2030. This shall enable NABARD in devising ..

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Milk Price Rise in India

Published: December 16, 2019

On December 14, 2019, Gujarat Cooperative Milk Marketing Federation (Amul) and Mother Dairy (owned by National Diary Development Board) increased MRP (Maximum Retail Prices) of their pouched milk by Rs 2 per litre. Why the price rise? The two main reasons behind the price hike is partly structural and partly weather related. The months between ..

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