Fodder Vendor Declaration 2016-11-04 05:09:53India’s biggest dairy exporters have gone into a downward spiral this week, as the government sought to curb the consumption of milk by a section of the public.
Fodder Vendor declaration data published by the government shows the average price of a liter of cow milk per kg of raw material has risen from Rs.1,922 per kg last year to Rs.3,092.50 in this financial year.
The CPI-M, the main opposition party, said the government was pushing the issue on a “paradise” as farmers are suffering under the pressure of a steep decline in the price of raw materials.
On Monday, the government ordered a clampdown on milk consumption to prevent a surge in demand for cow milk.
The government is also mulling a similar move to curb meat consumption in the next few weeks.
But there is still a lot of raw cow milk available in India.
On average, a liter is sold for Rs.6.50 and a liter per kg is sold at Rs.7.10.
Farming, however, is also a major source of cashflow for the country.
According to the National Sample Survey Organization (NSSO), India’s beef consumption is estimated to be at 4.5% of the country’s GDP.
The National Consumer Price Index (NCPI) has been in positive territory in 2016-17 and is expected to be higher in 2017-18, according to the government.
But the data from the NSSO is based on a sample of 1,000 households across the country and has a margin of error of plus or minus 3%.
The survey is conducted every two years.
The Centre is also considering a ban on meat imports from neighbouring countries, including India.