• ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Wednesday, October 1, 2025
  • Login
Economy India
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
No Result
View All Result
Economy India
No Result
View All Result
Home Economy

Assam govt Partners with NDDB to set up Rs 2,000 Cr dairy joint venture

by Economy India
January 8, 2022
Reading Time: 2 mins read
FEATURED IMAGE ECONOMY INDIA 1 1
SHARESHARESHARESHARE

It has been reported that The Assam government and National Dairy Development Board on Friday signed an agreement to create a Rs 2,000-crore joint venture for holistic development of the sector in the state.

A Memorandum of Understanding was signed in Guwahati in the presence of Union Animal Husbandry & Dairying Minister Parshottam Rupala, Assam Chief Minister Himanta Biswa Sarma, state Agriculture Minister Atul Bora and other senior officials.

ADVERTISEMENT

As per the MoU, a joint venture company will be set up for Rs 2,000 crore with a target of processing 10 lakh litres of milk through six new units in seven years, the report said.

Milk from more than 4,100 dairy cooperative societies will be processed, packed and marketed.

Economic Growth of Assam

This will benefit more than 1,75,000 farmers associated with dairy farms in Assam and increase their earnings, the report said.

Two cattle feed and organic manure manufacturing units will also be set up as per the agreement.

The chief minister said milk producers will be provided subsidies for market price fluctuation of their produce and urged all the cooperatives to engage in healthy competition for the economic growth of Assam, the report said.

Rupala, in his address, appreciated various initiatives undertaken by the state government for the growth and development of the dairy sector in Assam.

Dairy Development Project

He asserted that new technology in the field of animal husbandry must reach farmers so that they can get benefits from it.

As part of the dairy development project, more than 15,000 high milk-yielding Gir cows will be brought to Assam to ensure high returns to the farmers of Assam.

This joint venture will be guided and managed by NDDB, and it will introduce technological innovations, the report said.

During the event, Sarma and Rupala also laid the foundation stone of Guwahati-based Purabi Dairy’s expansion initiative under the World Bank-funded Assam Agribusiness and Rural Transportation Project.

As part of the expansion project, Purabi Dairy’s processing capacity will be upgraded from the existing 60,000 litres per day to 1.5 lakh litres. (Business Standard)

Tags: AssamAssam GovernmentDairy Joint VentureNational Dairy Development Board (NDDB)
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

Related Posts

India Extends Export Duty and Tax Refund Scheme (RoDTEP) Until March 2026: A Comprehensive Analysis
Economy

India Extends Export Duty and Tax Refund Scheme (RoDTEP) Until March 2026: A Comprehensive Analysis

September 30, 2025
Trump Slaps 100% Tariff on Branded Drugs from October 1; India, Key Exporter, Faces Uncertainty
Economy

Trump Slaps 100% Tariff on Branded Drugs from October 1; India, Key Exporter, Faces Uncertainty

September 26, 2025
GST 2.0: FMCG Firms Expect Full Price Alignment Within Two Months
Economy

GST 2.0: FMCG Firms Expect Full Price Alignment Within Two Months

September 24, 2025
India Reaffirms WTO-Centric Fair Trade System at SCO Ministers’ Meet, Showcases Digital Public Infrastructure
Economy

India Reaffirms WTO-Centric Fair Trade System at SCO Ministers’ Meet, Showcases Digital Public Infrastructure

September 8, 2025
For now, India remains resolute. As Puri concluded: “Our duty is to the Indian consumer. We will continue to act responsibly, but always in India’s interest.”
Economy

India Hits Back at U.S. on Russian Oil: “Followed Global Rules, Stabilized Market”

September 7, 2025
Designed in India, Made in India, Trusted by World: PM Modi at Semicon India 2025
Economy

Designed in India, Made in India, Trusted by World: PM Modi at Semicon India 2025

September 2, 2025
Next Post
FEATURED IMAGE ECONOMY INDIA 1 1

Govt selects TCS to drive next phase of Passport Seva Program

I AM PEACEKEEPER I AM PEACEKEEPER I AM PEACEKEEPER
ADVERTISEMENT

LATEST NEWS

Kotak Mahindra Bank Named Best Private Sector Bank at Financial Express Best Banks Awards 2023–24

India Extends Export Duty and Tax Refund Scheme (RoDTEP) Until March 2026: A Comprehensive Analysis

Govt. Announces Diwali Bonus for Central Employees: ₹6,908 Payout, Railway Staff to Receive 78 Days PLB

Indian Economy to Grow at 6.5% in FY 2025-26 Despite Strong Q1 Performance: ADB

Sahara Seeks Supreme Court Nod to Sell 88 Properties to Adani Group; Proceeds to Repay ₹24,030 Crore Investor Dues

Crude Oil Futures Jump ₹25 on Strong Overseas Demand, MCX Sees Active Trading

Tax Audit Report Submission Deadline Extended to October 31 for FY 2024-25; ITR Filing Deadline Remains Unchanged

Reliance Consumer Products Signs ₹40,000 Crore MoU with Government to Build Integrated Food Manufacturing Facilities Across India

  • ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS

Copyright © 2024 - Economy India | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories

Copyright © 2024 - Economy India | All Rights Reserved