the Commerce Ministry has asked The Indian Agriculture Ministry to raise an import duty on whey milk powder to 40% from 30% and increase export incentives for dairy products and casein from 10% to 20%. It also announced plans to encourage milk distribution through welfare meal schemes and working capital loans to state milk co-operatives. The government is trying to encourage milk product exports after a slump last year caused by a slowdown in the global dairy market.
The Indian Agriculture Ministry has asked the Commerce Ministry to raise an import duty on whey milk powder to 40% from 30% and increase export incentives for dairy products and casein from 10% to 20%. It also announced plans to encourage milk distribution through welfare meal schemes and working capital loans to state milk co-operatives. The government is trying to encourage milk product exports after a slump last year caused by a slowdown in the global dairy market.