Cooperative dairies protest against private companies for supporting the import of skimmed milk powder
Mumbai, Ta. January 24, 2020, Friday
The country's cooperative dairies have raised objections against private companies for supporting the import of skimmed milk powder (SMP). The supply of domestic SMPs has declined due to the marriage season and production decline.
Private companies have backed away from allowing bulk users such as ice cream and confectionery makers to import 1.5 tonnes of SMP. This import can be done at zero import duty. The co-workers have protested against the proposal, saying it would hit farmers.
The Confederation of Indian Industry (CII) has proposed that the government import SMPs. The price of SMP is currently Rs. 5 to Rs. 5 per kg. In the last one month, prices have risen 5% and doubled in one year. SMP prices are currently at the top. Therefore it is less likely to increase now. Consumers will switch to liquid milk or consider using other alternatives if prices rise any further, he said.
The current price increase is temporary. Prices are expected to fall to a stable level by the next one month. The allowance for cheap import at zero duty level is the same as hitting farmers' income, sources said.
The import of SMPs in India is mainly from countries like New Zealand and Australia. The rise in milk prices, the lack of fodder and flood situation in Maharashtra and Karnataka over the past year has led to the rise in SMP prices affecting the supply of milk due to the death of a large number of genera.
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