With the government ensuring that cooperatives get rid of their SMP inventory, the last few months have seen an increase in milk prices, both at the procurement and the consumer end
DBT scheme draft requires states to share burden 70:30, but states are in no mood to bear the burden.
The quota also includes additional quantity given as incentive to mills for achieving more than 75 per cent of their export target
The decision to provide soft loans comes a fortnight after the Centre raised benchmark selling price of sugar at factory gate by Rs 2 to Rs 31 per kg.
Chhattisgarh CM Bhupesh Baghel said that without freeing farmers from the clutches of debts, their condition and that of their villages cannot be improved.
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