RS Sodhi, MD Amul, yesterday took to Twitter to explain how the free market has helped the dairy farmers prosper.

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Responding to PM’sMann Ki Baat on the farm bills, Sodhi said milk is an agriculture produce worth Rs8 lakh crore. It is more than the combined value of wheat, paddy and sugarcane. He added that the dairy farmers whether or not they are associated with the GCMMF are free to sell their produce anywhere and buyers are free to buy it from anywhere. The competition for milk as a product is there even at village level.

He further added that while agriculture’s contribution to the GDP has been declining, milk’s contribution has been rising steadily. Along with the increase of milk’s contribution to GDP, there has also been a rise in farmers’ income because of this freedom to sell the produce anywhere they wish.

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He added that while Amul may have a huge market share, dairy is an industry where 100% FDI is allowed. International players like Nestle and Unilever are already in India with their products.

Source : Opindia