Indian Economy News

Amul jaisa koi nahi: Prime Minister, Mr. Narendra Modi, hails Amul's contribution to India's dairy

  • IBEF
  • February 23, 2024

Prime Minister, Mr. Narendra Modi inaugurated projects worth US$ 144.8 million (Rs. 1,200 crore) at the Golden Jubilee celebration of the Gujarat Cooperative Milk Marketing Federation (GCMMF), home to the renowned Amul brand. He praised Amul's unique contribution to Ahmedabad, hailing it as a symbol of trust, development, and farmer empowerment. He encouraged Amul to strive for global leadership in the dairy market, given its status as the 8th largest dairy company, with the assurance of full government support. Emphasizing Gujarat's pivotal role in cooperative milk production and the sector's substantial impact on India's economy, He highlighted initiatives like Direct Benefit Transfer, injecting over US$ 18.1 million (Rs. 150 crore) to support milk producers. He reiterated the government's dedication to women's financial empowerment through programs like Mudra Yojana, providing assistance exceeding US$ 362.1 billion (Rs. 30 lakh crore) to nearly 70% of women.

As part of his Gujarat visit, the Prime Minister unveiled projects exceeding US$ 2.8 billion (Rs. 22,850 crore), spanning critical sectors like road, rail, energy, health, internet connectivity, urban development, water supply, and tourism. This extensive initiative, covering districts such as Gandhinagar, Ahmedabad, Banaskantha, Anand, Mahesana, and others, underscores the government's commitment to comprehensive regional development and infrastructure enhancement.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.