India is ranked 1st in milk production contributing 23 per cent of global milk production  and there are 50 well-defined breeds of cattle and 17 breeds of buffaloes. As per National Action Plan for Dairy Development envisages to achieve milk production target of 300 Million MT by 2023-24 from 155.5 Million MT during 2015-16 requiring an annual growth rate […]

The current price inflation in milk is mainly due to a shortage of fat. It has led dairies to hike full-cream milk prices or to cut fat content through rebranding of existing products. Also, milk does not attract GST, while fat and powder used in reconstitution does, an anomalous situation for which the consumer ultimately […]

India’s agricultural production statistics sometimes present dissonances with consumption data. The household consumer expenditure data are more than a decade old, and an update is urgently needed. How much milk does India really produce? What is its actual domestic requirement of cereals or sugar? These are simple questions, but basic to understanding the market for […]