LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

Rs 90 cr advance to Milkfed to pay dairy farmers

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Updated: Mon, Aug 13, 2018
09:00 pm
PTI
RELATED NEWS
Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details
Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities
#GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here #GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here
India’s economy picking up steam, estimate recovery at 10% in FY22: S&P Global India’s economy picking up steam, estimate recovery at 10% in FY22: S&P Global
RBI Monetary Policy: Governor Das says repo rate unchanged, sees GDP at 10.5 pct for FY22, inflation at 5.4 pct for Q4FY21 RBI Monetary Policy: Governor Das says repo rate unchanged, sees GDP at 10.5 pct for FY22, inflation at 5.4 pct for Q4FY21

Punjab Chief Minister Amarinder Singh today directed the finance department to make available a short-term advance of Rs 90 crore to Milkfed for clearing pending payments of dairy farmers.

He also ordered Milkfed to chalk out a comprehensive policy to suggest ways and means to ensure uniform milk prices across the state, according to an official release.

The instructions were issued at a meeting with a delegation of Progressive Dairy Farmers Association (PDFA) here at his official residence this afternoon.

The chief minister constituted a four-member committee, headed by MD Milkfed Manjit Singh Brar, with Director Dairy Development Inderjit Singh, Secretary Animal Husbandry Karnail Singh, and president PDFA Daljit Singh Gill as its members, for this purpose.

The committee has been mandated to evolve a time-bound action plan to implement uniform milk price structure in order to remove the glaring disparities between milk prices prevailing in different districts.

Earlier, the MD Milkfed apprised the chief minister that the fall in milk prices was primarily due to lower milk procurement than their processing capacities by private players.

He pointed out that Milkfed's share in total procurement of milk from dairy farmers was 20 per cent while the remaining 80 per cent was supposed to be lifted by private companies.

But failure of these companies to lift the remaining forced Milkfed to enhance its quota of milk procurement by another five lakh litres daily at remunerative prices to assist dairy farmers.

Expressing concern over the reported adulteration of milk and milk products, the Chief Minister emphasized on the need to crack down on unscrupulous elements who were playing havoc with the lives of innocent people.

In response to a demand of the delegation, Amarinder asked his Chief Principal Secretary to set up at least three more food testing laboratories to bring efficacy in the system of checking adulterated food items.

He asked the Financial Commissioner Cooperation to take all possible steps to strengthen the cooperative milk unions so as to enhance the production of milk and its processing at the Milkfed plants in the state.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Economy
RELATED NEWS
Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details
Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities
#GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here #GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here
India’s economy picking up steam, estimate recovery at 10% in FY22: S&P Global India’s economy picking up steam, estimate recovery at 10% in FY22: S&P Global
RBI Monetary Policy: Governor Das says repo rate unchanged, sees GDP at 10.5 pct for FY22, inflation at 5.4 pct for Q4FY21 RBI Monetary Policy: Governor Das says repo rate unchanged, sees GDP at 10.5 pct for FY22, inflation at 5.4 pct for Q4FY21

LATEST NEWS

7th Pay Commission Latest News: Grab this central government job with massive salary, vacancy with CBI—check details

Gujarat Elections Final Results Till Now: PM Narendra Modi bows to people of Gujarat for faith, affection towards BJP

SBI Home Loan EMI Calculator: Save more than Rs 2000 per month on Rs 50 lakh loan - here is how

BPCL Privatisation News Today: Money! Special dividend to shareholders? Check latest stake sale update

Important news for BPCL investors: Anil Singhvi decodes Numaligarh stake sale, says set to get top valuation

PUBG Mobile update: PUBG Mobile New State game may not be launched in India?

Heranba Industries IPO: Allotment to be out today I Retail Investors anxious and nervous

ITR e-verification: Do this to e-verify your Income Tax return using Aadhaar card

7th Pay Commission latest news today: Central government employees alert! This premium is part of your allowance

Sara Ali Khan: My mother has gone through so much more than I have

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved