BioVoice News March 2017 Issue 10 Volume 1 | Page 61

and state governments have to come together.
Cashless transaction to milk producers increases to 72.25 % post demonetization
Consequent upon the central government’ s decisions of demonetization, certain unintended impacts have been observed especially in the sectors thriving upon sheer cash transactions. In this regard, nonavailability of funds to the co-operative banks for making payments to milk producers by dairy co-operative against the milk supplied by them came to the notice of the Government.
Responding promptly to the prevailing situation of reported payment problems, the Union Minister of Agriculture and Farmers Welfare, Mr Radha Mohan Singh has regularly reviewed and directed to take appropriate action to alleviate the problems. Meetings with Mother Dairy, Gujarat Cooperative Milk Marketing Fed( GCMMF) / Amul, Delhi
Milk Scheme and other State Co-operative Dairy Federations are taken at regular intervals.
GCMMF / Amul had been specifically directed to ensure 100 percent milk producers accounts to be opened by 30th December, 2016. Similarly, other co-operatives have been directed to ensure the opening of 100 percent accounts of milk producers / farmers by 30th January, 2017.
Specific instructions have been issued to all the agencies such as National Dairy Development Board, Mother Dairy, Delhi Milk Scheme and all state Dairy cooperative federations for ensuring direct payment to milk producer’ s bank account at the earliest. Low penetration of nationalized banks and co-operative bank accounts in rural areas need adequate financial support with appropriate safe guards.
It is to be noted that there are 1.70 lakh Dairy Co-operative Societies( DCS) at village level having 1.6 crore milk producers affiliated with 218 milk unions. About 850 lakh litres per day Milk is procured totally, of which co-operative sector procures about 425 lakh litres per day and about 425 lakh litres per day is procured by private sector. The value of the milk procured by Village level DCS is to the tune of rupees 120 crore per day. For weekly and 10 days payment cycle the substantive amount is to be disbursed to lakhs of milk producers spread over varied geographical areas.
Indian seed industry has huge potential to supply to global markets: R M Singh

At the inaugural function of Indian Seed Congress – 2017, in Kolkata Union Minister of Agriculture and Farmers Welfare, Mr Radha Mohan Singh recently spoke about National Farmer Policy of the Union Government and said that the objective of this policy is to accelerate agricultural output, develop infrastructural agriculture

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