As per National Account Statistics Report, 2016, the value of output of milk at current prices was Rs.5,00,405 crore in 2014-15, while at constant prices (2011-12) it was 3,89,846 crore. As compared to last year, the growth in value of output of milk is about 7.4 percent at constant prices.
As per National Dairy Development Board, it is estimated that out of total milk production 46% is consumed locally, and 54 % is marketable surplus. The share of organized sector in the total marketable surplus of milk is about 30%, while the balance 70% is handled by the unorganized sector. Of the total organized liquid milk market, the cooperatives and private dairy sector have almost equal share.
The GDP estimates of milk industry are not available separately, although, the contribution of livestock sector to the country’s GDP is about 4 percent. Also, the share of value of output of milk group in the total livestock sector is about 67%.
Dairy is an important source of additional income for the farmers. Availability of milk processing facility and other infrastructure will benefit the farmers through value addition. A large number of milk processing units set up under the Operation Flood Programme has since become old and obsolete. A Dairy Processing and Infrastructure Development Fund would be set up in NABARD with a corpus of Rs. 8,000 crores over 3 years. Initially, the Fund will start with a corpus of Rs. 2,000 crores.
Currently milk cooperatives convert about 20% of milk procurement into conventional & other Value Added Products. This information was given by the Minister of State for Agriculture & Farmers Welfare, Shri SudarshanBhagat, in reply to a question in Lok Sabha today.
