Dairy Farmers’ Income to Double with Infrastructure Allocation

INDIA - The Finance Minister's announcement of allocating a fund of Rs 8,000 crore over a period of three years for dairy processing infrastructure is expected to generate an estimated Rs 50,000 crore worth of annual extra income for dairy farmers.
calendar icon 2 February 2017
clock icon 1 minute read

"This is the first time after independence that such a large fund has been allocated for the dairy sector. It will have a cascading effect on rural incomes," Gujarat Cooperative Milk Marketing Federation (GCMMF) managing director RS Sodhi said.

Source: The Economic Times

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