Wednesday, February 1, 2017

Budget 2017 offering for dairy industry : Highlights (30th DP 16 to 31 Jan,2017)

Dear friends,

Last fortnight brought a lot of good news for dairy industry with Amul announcing its plans to set up a processing facility in Dubai and Mother Dairy expanding across west to east in India.

Jallikattu and its linkage with A1 milk and animal protection movement was an interesting series of event.

We have tried to include the detailed summary of how Rs 8000 crores in Budget 2017 is being planned to be utlised. We shall be presenting a detailed concept note on Budget 2017 and dairy Industry in India in our next issue. Please wait till then. However for the time being the budget is meant to establish around 5 crore litres of milk capacity, 2 crore sixty lacs litres of milk chilling, 340 MT of powder per day capacity , 35000 Automatic Milk collection units at village level and 1100 MT of cattle feed capacity per day.

I have shared my quick  observation with economic times which is also mentioned in this issue of dairy Pulse.

Another news for the food regulator of India is in the foreign news section wherein a new regulation is required to take care of imitation dairy products. In India imitation cheese, cream and butter products are disturbing the market economics and forcing established players to be competitive and facing brunt from mainly institutional and HORECA segments. Even the consumers do not have any clue about it. All imitation products must be assessed and declared either  as junk food or should not be allowed to use dairy based terminology for their products.

Wishing you a happy e reading in this changing times and I hope that there is some paradigm shift taking place in the country for the good.

best regards

Kuldeep Sharma
Chief Thinking Officer
Suruchi Consultants (ISO 9001:2008 Company)
C-49 Sector-65
Noida 201307

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