{"id":693,"date":"2024-02-21T14:25:58","date_gmt":"2024-02-21T08:55:58","guid":{"rendered":"https:\/\/dollons.com\/blog\/?p=693"},"modified":"2024-02-21T14:27:21","modified_gmt":"2024-02-21T08:57:21","slug":"government-initiatives-to-boost-indian-dairy-industry-in-2024-25","status":"publish","type":"post","link":"https:\/\/dollons.com\/blog\/government-initiatives-to-boost-indian-dairy-industry-in-2024-25\/","title":{"rendered":"Government Initiatives to Boost Indian Dairy Industry in 2024-25"},"content":{"rendered":"\n

In the sprawling landscapes of rural India, amidst the tranquil countryside and bustling markets, a quiet revolution is underway. The Indian dairy industry, long hailed as the backbone of the country\u2019s agricultural economy, is experiencing a transformative shift propelled by innovative government initiatives. As the nation strives to meet the growing demand for dairy products, new policies and programs are paving the way for unprecedented growth and prosperity. In this article, we delve into the dynamic landscape of India\u2019s dairy sector<\/a>, exploring how government initiatives are igniting a dairy revolution and driving economic empowerment across the nation.<\/p>\n\n\n\n

We have seen precedence of these initiatives while the Union Budget for the Indian Dairy Industry for the fiscal 2025<\/a> was announced on February 01, 2024. However, the implementation of the same has started rapidly. If you remember, our Hon. Finance Minister, Ms. N. Sitharamana stated that the productivity of milch animals is of great concern in India. Additionally, she also expressed that the ongoing schemes targeting the upliftment of the Indian Dairy industry will get additional focus and active implementation streams.\u00a0<\/p>\n\n\n\n

The good news is that the implementation streams are active. Let us know about the latest two greatest announcements this month!<\/p>\n\n\n\n

\"fund<\/figure>\n\n\n\n

On February 14, 2024, Parshottam Rupala, the Union Minister for Fisheries, Animal Husbandry, and Dairying, relaunched the Animal Husbandry Infrastructure Development Fund (AHIDF) Scheme with a realigned budget of Rs 29,610 crore. The minister stated that the scheme, which was originally implemented during the COVID-19 period, has been modified and will be extended for another three years.<\/p>\n\n\n\n

Who will Benefit?<\/h3>\n\n\n\n

With an increased outlay from Rs 15,000 crore to Rs 29,610 crore, the industry, farmer producers organizations (FPOs), and dairy cooperatives will gain significant benefits from the scheme.<\/p>\n\n\n\n

The minister stated that a plan is in place to help dairy cooperatives upgrade their processing infrastructure with cutting-edge technology. This venture will significantly benefit a significant portion of the nation\u2019s milk producers.<\/p>\n\n\n\n

How does the Announcement align with the Union Budget 2024 Declaration?<\/h3>\n\n\n\n

At a meeting on February 1, the Union Cabinet approved a significant realignment of the Animal Husbandry Infrastructure Development Fund (AHIDF) under the Infrastructure Development Fund. This move involves an increased outlay of Rs 29,610 crore, nearly double the initial Rs 15,000 crore allocated to the Dairy Infrastructure Development Fund (DIDF), which has now merged with the AHIDF.<\/p>\n\n\n\n

Main Highlights of the New Scheme<\/h3>\n\n\n\n