Moneycontrol PRO
Exclusive Cash Offers up to ₹50 lakhs
Outskill Gea AI
HomeNewsBusinessAmul maker against allowing free skimmed milk powder import

Amul maker against allowing free skimmed milk powder import

"It is surprising to note that CII is proposing to import SMP (skimmed milk powder) at Zero duty and that too huge quantity of 50,000 tonnes," Amul MD R S Sodhi said in a letter to food processing secretary Pusha Subrahmayam.

January 21, 2020 / 09:08 IST

Gujarat Cooperative Milk Marketing Federation (GCMMF), which sells dairy products under Amul brand, has written to the food processing ministry opposing industry body CII's demand to import skimmed milk powder at zero duty.

"It is surprising to note that CII is proposing to import SMP (skimmed milk powder) at Zero duty and that too huge quantity of 50,000 tonnes," Amul MD R S Sodhi said in a letter to food processing secretary Pusha Subrahmayam.

According to him import of any quantity of SMP would be determental to domestic milk producers in the short and long run.

"We very strongly object the views and the fear expressed by private players and ice cream manufacturers of shortage of milk in the country as it is purely motivated for their own benefits as they want cheap raw material and is not in the interest of farmers or consumers," Sodhi said in the letter.

SMP prices are currently in the range of Rs 280-300 per kg, almost same as in the year 2014.

Amul has recommended that the government should not surrender to the demands of industry bodies.

PTI
first published: Jan 21, 2020 08:45 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseGen AI Masterclass