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Source: The post is based on the article “World Dairy Summit 2022 to be held in India after 48 years” published in Indian Express on 4th August 2022.
What is the News?
India is hosting the World Dairy Summit 2022 in New Delhi. The last World Dairy Summit was organized in 1974 in New Delhi. After 48 years, India is organizing the summit again.
What is the World Dairy Summit 2022?
Organized by: International Dairy Federation(IDF)
Hosted by: India
Aim: To provide a forum for the industry experts to share knowledge and ideas on how the sector can contribute to nourishing the world with safe and sustainable dairying.
Theme: Livelihood and Nutrition
About the Dairy Sector in India
India is ranked 1st in milk production contributing 23% of global milk production.
Uttar Pradesh is the highest milk-producing state in India contributing around 18% to the total milk production followed by Rajasthan, Andhra Pradesh, Gujarat and Punjab.
Initiated in 1970, Operation Flood was arguably the most ambitious dairy development programme that transformed India into one of the largest milk producers.
However, India is yet to join the ranks of major milk exporting nations as much of what we produce is directed towards meeting domestic demands.
Diary Sector Schemes
Dairy Processing and Infrastructure Development Fund: The scheme aims to provide subsidized loans at 6.5% to capital-stressed milk cooperatives for primarily replacing their decades-old chilling and processing plants and addition of value-added product plants.
