Latest news with #AMUL

The Hindu
5 days ago
- Business
- The Hindu
IOB, Amul, Richplus to promote organic farming
Indian Overseas Bank (IOB) has entered into a tripartite Memorandum of Understanding (MoU) with AMUL, India's largest dairy cooperative, and Richplus, AMUL's organic farming partner. According to the stakeholders, this MoU will promote organic farming and help in rural empowerment. Ajay Kumar Srivastava, Managing Director & Chief Executive Officer of IOB said about one lakh farmers will be onboarded through this initiative. 'This partnership is a remarkable step toward reshaping Indian agriculture. By combining our strengths, we can create a transformative journey for farmers, allowing them to embrace sustainable practices that enhance their livelihoods,' said Amit Vyas, Managing Director of of AMUL. A co-branded Organic Farming Card for IOB account holders was also launched. This card offers farmers access to discounted organic inputs through AMUL's certified outlets and other benefits including free agronomist support, training opportunities, and high-quality seeds. IOB will also introduce a dedicated credit scheme 'Harit Kranti ', tailored to the needs of organic scale the initiative, a series of organic farming conclaves will be organized, beginning with a major FPO meet in Madurai in June, followed by events across Tamil Nadu.


Time of India
16-05-2025
- Business
- Time of India
NFSA beneficiaries to get food grain at subsidised rates
1 2 3 Guwahati: The state cabinet on Friday approved several key initiatives, including providing food grain at subsidised rates to National Food Security Act (NFSA) beneficiaries from Oct and setting up a dairy plant by AMUL, which is part of an MoU signed during Advantage Assam 2.0. Masoor dal (Rs 69/kg), sugar (Rs 38/kg) and salt (Rs 10/kg) will be provided to NFSA beneficiaries from Oct 2025 in selected districts, while the benefits will be extended to all districts from Nov 2025. Each commodity will be given in separate packets to ensure customers have a choice to purchase individual items. CM Himanta Biswa Sarma, who chaired the cabinet meeting, shared the decisions on X. "In today's meeting of the #AssamCabinet, we resolved to allow AMUL to set up a dairy processing plant with a capacity of 1 lakh litres/day," he said. The cabinet approved at least 20 bighas of land for setting up a state-of-the-art product dairy farm at the Institute of Farm Management Campus, Rani. The farm will have a capacity of 1 lakh litres per day, at an approximate cost of Rs 75 crore. The cost may also rise to Rs 150 crore. The plant will benefit around 20,000 dairy farmers and is part of an MoU signed during Advantage Assam 2.0. To boost private investment in the state and create more job opportunities, two proposals have been approved under the Industrial and Investment Policy of Assam (IIPA). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Flexible Phone Plans for Small Biz Undo Approximately, 1000 people will be given job opportunities under this initiative. Meanwhile, for part-time ICT instructors, the cabinet approved the "enhancement of monthly honorarium" for 1,313 such instructors under the "Dr Banikanta Kakati Computer Literacy Programme" to Rs 20,000 from Oct this year. The service guarantee has been extended until the age of 60 years. The ICT employees will also be eligible for the Mukhya Mantri Lok Seva Aarogya Yojana, along with Apun Ghar and Apun Bahan schemes.


Economic Times
16-05-2025
- Business
- Economic Times
Assam cabinet approves land for AMUL's dairy plant
ANI Assam CM Himanta Biswa Sarma Guwahati: Assam cabinet has approved land for AMUL for setting up product dairy plant in the state. The state cabinet meeting on Friday stated, "To give fillip to dairy production in the State, Cabinet has approved to lease 20 Bighas of land to AMUL for setting up a State-of the-Art Product Dairy Plant at Institute of Farm Management Campus, Rani. " AMUL will set up this processing unit with a capacity of 1 lakh litres per day at an appx cost of Rs 75 crore which may go up to Rs 150 crore. This plant will benefit around 20,000 dairy farmers and is part of an MoU signed during Advantage Assam 2.0Cabinet has approved the distribution of subsidized Masur Dal, Sugar and Salt to NFSA beneficiaries from October 2025 in select districts and from November 2025 in all districts Each commodity will be provided in separate packets to ensure customer have a choice to purchase individual products.


Time of India
16-05-2025
- Business
- Time of India
Assam cabinet approves land for AMUL's dairy plant
The Assam government has approved land for AMUL to establish a state-of-the-art dairy plant. This plant will be set up at the Institute of Farm Management Campus, Rani. The project aims to boost dairy production in the state. It will benefit around 20,000 dairy farmers. The cabinet also approved subsidized Masur Dal, Sugar, and Salt for NFSA beneficiaries. Tired of too many ads? Remove Ads Guwahati: Assam cabinet has approved land for AMUL for setting up product dairy plant in the state cabinet meeting on Friday stated, "To give fillip to dairy production in the State, Cabinet has approved to lease 20 Bighas of land to AMUL for setting up a State-of the-Art Product Dairy Plant at Institute of Farm Management Campus, Rani. "AMUL will set up this processing unit with a capacity of 1 lakh litres per day at an appx cost of Rs 75 crore which may go up to Rs 150 plant will benefit around 20,000 dairy farmers and is part of an MoU signed during Advantage Assam 2.0Cabinet has approved the distribution of subsidized Masur Dal, Sugar and Salt to NFSA beneficiaries from October 2025 in select districts and from November 2025 in all districtsEach commodity will be provided in separate packets to ensure customer have a choice to purchase individual products.