CRISIL foresees revenue from value-added dairy products (VAP)1 growing at a healthy 14-15 per cent, annually over the next three fiscals, or about 50 per cent faster than the overall sector’s growth rate.
That, along with steady growth in milk sales, should crank up the dairy sector’s revenue to Rs 7.5 lakh crore by fiscal 2021 […]
The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, Government of India, has further extended the ban on import of milk and milk products from China, including chocolate and chocolate products, which expired on June 23, 2018, by six months, i e till December 23, 2018.
At a recent meeting […]
FSSAI has prescribed a time limit for referral laboratories to submit the testing reports of their analysis. In an order released by the country’s apex food regulator, it has directed the referral labs to submit their report within five days after the receipt of the samples in case of chemical and microbiological testing. The […]
The US Food and Drug Administration (US FDA) has launched the new Substances Added to Food inventory, an upgraded version of the original Everything Added to Food in the US (EAFUS) inventory.
The new searchable inventory contains approximately 4,000 substances, and includes information on food additives, colour additives, Generally Recognised As Safe (GRAS) and prior-sanctioned […]
The objective of the National Nutrition Mission (NNM) is to provide citizens, particularly women and children, with hygienic and nutritious food. It was launched earlier this year by Prime Minister Narendra Modi after a series of significant works done on key determinants of nutrition.
Sridhar Venkat, chief executive officer, The Akshaya Patra Foundation, said, “Apart from […]
The official Wholesale Price Index (WPI) for all commodities (Base: 2011-12=100) for the month of May 2018 rose by 0.9 per cent to 117.9 (provisional) from 116.8 (provisional) for the previous month.
Inflation
The annual rate of inflation, based on the monthly WPI, stood at 4.43 per cent (provisional) for the month of May 2018 (over […]
FSSAI has issued a letter stating that it has extended the deadline to comply with the labelling provisions for frozen desserts or confectionery products under the food additive category by six months.
It October 2017, the country’s apex food regulator had issued a gazette notification specifying revised standards for milk and milk products under the […]
The Centre for Science and Environment (CSE) has called for making the Food Safety and Standards (Labelling and Display) Regulations, 2018 more effective and stringent.
The draft Regulation had been released for comments by FSSAI in April 2018. They mandate compulsory labelling of salt and introduction of front-of-pack labelling.
CSE submitted its recommendations to the country’s […]
The Government of India has decided to hike the import duty on crude and refined soy oil, sunflower oil and canola oil by 10 per cent, i e from 35 per cent to 45 per cent. This is the highest increase in recent history.
It paid heed to the demand by the domestic edible oil […]
In a major effort to introduce environment-friendly practices, Indian Railway Catering and Tourism Corporation (IRCTC), a subsidiary of the Indian Railways, has now embarked on a project to replace its plastic cutlery with cups and plates made of biodegradable compostable material.
For this, it has teamed up with Yash Papers, India’s largest manufacturer of compostable […]