అమెరికా పాలు,వెన్న, నెయ్యి వస్తున్నాయి, మన రైతులు గుల్ల||
The upcoming visit of US President Donald Trump to India may see the contours of the Indo-US deal being finalised in specific sectors, which is also likely to include allowing for market access for US dairy products in India. This move is likely to have significant adverse consequences on the prospects of the fledgling Indian dairy industry. Let’s first set a brief context by highlighting the importance of the dairy sector in India’s overall economic schema.
The dairy sector not only provides employment to the rural workforce, but is also a significant contributor to the national economy. While the share of agriculture and allied (A&A) sector in the gross value added (GVA) has consistently declined from 18.2 per cent in 2014 to 17.2 per cent in 2017, the share of livestock to GVA has increased from 4.4 per cent to 4.9 per cent during the same period. Importantly, within the A&A sector, among the key livestock products, milk and milk products have the highest share, at around 67.2 per cent in 2017.
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అమెరికా పాలు,వెన్న, నెయ్యి వస్తున్నాయి, మన రైతులు గుల్ల|| The upcoming visit of US President Donald Trump to India may see the contours of the Indo-US deal being finalised in specific sectors, which is also likely to include allowing for market access for US dairy products in India. This move is likely to have significant adverse consequences on the prospects of the fledgling Indian dairy industry. Let’s first set a brief context by highlighting the importance of the dairy sector in India’s overall economic schema. The dairy sector not only provides employment to the rural workforce, but is also a significant contributor to the national economy. While the share of agriculture and allied (A&A) sector in the gross value added (GVA) has consistently declined from 18.2 per cent in 2014 to 17.2 per cent in 2017, the share of livestock to GVA has increased from 4.4 per cent to 4.9 per cent during the same period. Importantly, within the A&A sector, among the key livestock products, milk and milk products have the highest share, at around 67.2 per cent in 2017.