Mar 10, 2022
Learn about availability of timely finance for farmers and agriculture MSME, channel financing, Agri loans, SMe loans, etc.
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Learn about availability of timely finance for farmers and agriculture MSME, channel financing, Agri loans, SMe loans, etc.
India has always been an agricultural country and dairy is not just a significant agri-business for Indians, but it also significantly contributes to its economy. The annual milk production in the country was an astonishing 198.4 million tonnes in 2019-20, making India the largest milk producer in the world.
India is an agrarian country. Agriculture and other allied activities such as dairy farming, livestock farming, horticulture etc., contribute significantly to the Indian economy. It is the most significant source of livelihood for a major chunk of the Indian population, especially in the rural areas where almost 70% of the households depend upon agriculture as the primary source of income.
India has always been an agricultural country and dairy is not just a significant agri-business for Indians, but it also significantly contributes to its economy. The annual milk production in the country was an astonishing 198.4 million tonnes in 2019-20, making India the largest milk producer in the world.
The Indian dairy sector got its first major boost through Operation Flood, launched by the National Dairy Development Board in 1970. Since then, the Indian dairy industry has shown tremendous growth due to tax incentives, subsidies, and infrastructural development in cold chain logistics and electrification.
India has been the leading producer and consumer of dairy products worldwide since 1998, with sustained growth in the availability of milk and milk-related products. Dairy activities are an essential pillar of the rural Indian economy, forming a vital source of income and employment for a large Indian population.
Netafim Agricultural Financing Agency Pvt. Ltd. (NAFA) was promoted by Netafim Group, Israel to finance the stakeholders in micro-irrigation value chain. Netafim invented and pioneered the adoption of drip irrigation system across the world with the mission to promote a global change in the way water is used in agriculture.
Learn about availability of timely finance for farmers and agriculture MSME, channel financing, Agri loans, SMe loans, etc.
Learn about availability of timely finance for farmers and agriculture MSME, channel financing, Agri loans, SMe loans, etc.