Indian milk has increased to 163.7 million tonnes in 2016-17 from around 17-22 million tonnes in the 1960s, said the Agriculture ministry in a press statement.
It targets to sanction proposals to create new milk processing capacity of 27 million litres per day in the cooperative sector this year.
India received a bumper crop in the previous year at 98.38 million tonnes.
Last month, the government had doubled the import duty on wheat to 20 per cent to curb cheap shipments and give positive price signal to farmers in the Rabi season.
Following the recent Gujarat elections, in which the ruling Bharatiya Janata Party lost support in rural areas, the government has said it will seek to address the concerns of farmers.
Sugar prices have fallen by Rs 3/ kg over the past 60 days in the domestic market.
How private sector is helping cultivators with technology, buyback and improving their social standards
Godrej Agrovet works with 2 million farmers at 54 production units, in 20 states, in the areas of animal feed, dairy, poultry and oil palm plantation.
Albinder Dhindsa cofounder of Grofers, said supply inconsistency and high prices are the challenges faced in the procurement of organic produce in the country.
Farmers in poll-bound Gujarat are getting among the country’s highest rates for milk sold to cooperatives at a time when prices usually take a seasonal dip.
On MCX on Tuesday, contracts for December delivery jumped by 1 per cent to Rs 1,724/kg.
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