Uttar Pradesh
Uttar Pradesh Dairy Development and Milk Product Promotion Policy-2022
- 15 Oct 2022
- 1 min read
Why In News?
- On October 13, 2022, in the meeting of the Uttar Pradesh cabinet chaired by Chief Minister Yogi Adityanath, the cabinet approved the 'Uttar Pradesh Dairy Development and Milk Product Promotion Policy-2022' by abolishing the Uttar Pradesh Milk Policy-2018.
Key Points
- The Uttar Pradesh Dairy Development and Milk Products Promotion Policy-2022 will be effective for five years from the date of notification.
- Its main objective is to encourage the establishment of milk-based industries in the state by simplifying the procedures for the convenience of investors. A capital investment target of Rs 5,000 crore has been set in the next five years to increase the level of milk processing.
- In the proposed policy, dairy units making new milk processing and milk products will be made available to various FPOs, cooperative institutions and private sector entrepreneurs of the state. Setting up of manufacturing units and capacity expansion (minimum 25 percent increase in existing capacity) has been proposed.
- Under the new policy, 1.25 lakh new jobs are estimated to be created directly and indirectly.