Stock Market Tips, India’s milk production rose by 19% in 2014-17
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India’s milk production rose by 19% in the last three years to touch 163.6 million tonnes (MT). Milk production increased to 163.6 MT in 2016-17 from 137.7 MT in 2013-14. As per Agriculture Minister Radha Mohan Singh, the income of dairy farmers has increased by 23.77% during 2014-17 compared to 2011-14.
The country is the largest milk producer in the world. The country’s milk production grew at an annual rate of 6% during 2014-17 as against 4% during the previous three years.
Besides, the per capita milk availability has also increased to 351 gram in 2016-17 from 307 gram in 2013-14.
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