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Dairy Farmers’ Income to Double with Infrastructure Allocation

02 February 2017

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.

"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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