Press Release from National Cooperative Dairy Federation of India (NCDFI)

Union Home Affairs and Cooperation Minister Shri Amit Shah will inaugurate the ‘Eastern and North-Eastern Zones Dairy Cooperative Conclave’ at Gangtok in Sikkim on the 7th. October 2022 Union Home Affairs and Cooperation Minister Shri Amit Shah will inaugurate one day-long ‘Eastern and North-Eastern Zones Dairy Cooperative Conclave’ at Gangtok in Sikkim on the 7th. October 2022, being organized by NCDFI said Shri Mangal Jit Rai Chairman, National Cooperative Dairy Federation of India (NCDFI).
Shri P. S. Tamang ( Goley), Hon’ble Sikkim Chief Minister from the Host State will be the guest of honour at the function, Shri B.L. Verma, Hon’ble Minister of State for Cooperation and other Senior officials of the Ministry, the top dignitaries of the Sikkim Government including Ministers and Bureaucrats will actively participate in this conference.
The theme of the conclave is “Resilient Eastern and North-Eastern Zones Dairy Cooperatives – Exploring the Challenges and Opportunities”. aiming to strengthen the cooperative ecosystem in the Eastern and North-Eastern Regions for the larger benefit of the local communities.
He said that the conclave will be attended by Chairman, National Dairy Development Board, Anand Gujarat, representatives from NABARD, NCDC, IRMA, Dairy Farmer Leaders
(Chairmen/Directors) and MDs of the Cooperative Milk Unions and State Dairy Federations from the Eastern and North-Eastern states of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura, Bihar, Jharkhand, Orissa and West Bengal. The conclave is likely to be attended by around 12, 00 participants from these 12 states.
Shri Mangal Jit Rai Chairman, National Cooperative Dairy Federation of India (NCDFI). said that taking inspiration from the Hon’ble Prime Minister’s ‘Digital India’, NCDFI has initiated an online marketplace called ‘NCDFI eMarket’ to provide transparent and fair dealings to trade bulk commodities to member dairy cooperatives with the patronage of the National Dairy Development Board. Dairy product prices concluded at NCDFI eMarket become benchmarking and the Ministry of Animal Husbandry collected these prices weekly.
During 2021-22, NCDFI coordinated the supply of milk and milk products worth Rs.1,406 crores under Institutional Sale; facilitated the sale of 4.37 crore Frozen Semen Doses (FSDs) valued at Rs.84 crores; and concluded the overall trades worth Rs.4,815 crores on NCDFI eMarket through various auctions on the platform. The entire business transacted at NCDFI reached Rs.6,305 crores in 2021-22 from Rs.1,006 in 2015-16, with a Compounded Annual Growth Rate (CAGR) of around 30%, he added.