Agartala, Sep 22, 2022, By Special Correspondent

Agartala Sep 22: Northeastern states of Tripura, Assam, Meghalaya, Arunachal Pradesh, Manipur, Mizoram, Nagaland and Sikkim are likely to participate in a dairy cooperative conclave in Sikkim on October 7.

Union Home and Cooperation Minister Amit Shah is likely to inaugurate the day-long conclave of the eastern and northeastern zones being organised by the National Cooperative Dairy Federation of India (NCDFI).

Top functionaries of the cooperative milk unions and state dairy federations from

Bihar, Jharkhand, Odisha and West Bengal are also expected to attend, NCDFI Chairman Mangal Jit Rai said.

Altogether 1,200 participants from these states are likely to attend the event.

Rai said taking inspiration from Prime Minister Narendra Modi's Digital India initiatives, the NCDFI has launched an online marketplace called "NCDFI eMarket" to provide transparent and fair dealings to trade bulk commodities to the member dairy cooperatives with the patronage of the National Dairy Development Board.

He said in 2021-22, the NCDFI coordinated the supply of milk and milk products worth Rs 1,406 crore under institutional sale and facilitated the sale of 4.37 crore frozen semen doses (FSDs) valued at Rs 84 crore.

Rai said the NCDFI concluded the overall trade worth Rs 4,815 crore on NCDFI eMarket through various auctions on the platform.

The entire business transacted at the NCDFI reached Rs 6,305 crore in 2021-22 from Rs 1,006 in 2015-16 with a compounded annual growth rate (CAGR) of around 30 per cent, he added.