Amul marketer GCMMF to invest ₹1,200 crore to ramp up capacity
Dairy major Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF), which markets Amul brand of food products, has lined up fresh investments to ramp up capacities in major markets including Kolkata and Andhra Pradesh besides its strong-hold Gujarat.
The Federation is set to invest over ₹1,200 crore towards additional milk processing and value-addition capacities in these regions in the next two years.
Rabi acreage increases 4% at nearly 600 lakh ha
A substantial increase in planting of wheat, gram and mustard crops pushed up the rabi sown area this week to nearly 598 lakh hectares (lh), nearly 4.3 per cent higher than 573 lh planted in the corresponding week last year, according to sowing data released by the Agriculture Ministry on Thursday.
The area under wheat stood at around 313 lh, nearly 16 lh more than 297 lh planted in the same week in the previous rabi season. The wheat sowing area went by 11.81 lh in Madhya Pradesh, 2.17 lh in Maharashtra, 1.47 in Gujarat and by 1 lh in Bihar, while farmers in Rajasthan planted around 2 lh less in the current season.
Tea board disburses ₹13.88 crore subsidy to growers, workers
Tea Board has disbursed around ₹13.88 crore subsidy to 1,112 tea growers, manufactures, and plantation workers in South India in this fiscal.
Board’s Executive Director M Balaji said that in the first tranche covering April to August a sum of ₹6.32 crore was disbursed to 453 beneficiaries. Now, in the second tranche a sum of ₹7.56 crore has been disbursed to 659 beneficiaries.