Dairy, fisheries production to get a fillip
Financial Express Mumbai|February 02, 2024
THE DAIRY SECTOR will soon geta comprehensive programme to boost milk production, while implementation of the Pradhan Mantri Matsya Sampada Yojana (PMMSY) will be stepped up to benefit the fisheries sector, finance minister Nirmala Sitharaman announced on Thursday.
Dairy, fisheries production to get a fillip

Despite being the world's largest milk producer, India lags in the productivity of its milch animals, Sitharaman said. "The programme will be built on the success of existing schemes such Rashtriya Gokul Mission, National Livestock Mission, and Infrastructure Development Funds for dairy processing and animal husbandry," she said.

The minister said efforts are already on to curb the spread of foot and mouth disease in milch animals.

India's milk production rose to a record 230.58 million tonne (MT) in 2022-23 on year, allaying fears of stagnation because of lumpy skin diseases in cattle last year.

Despite India being the largest milk producer since 1998, the commodity has been the second-biggest driver of retail inflation after cereals such as rice and wheat, in the last couple of years.

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