New Delhi, July 18 -- The dairy sector is reeling from an unprecedented financial crisis brought upon it by the coronavirus pandemic.
A bulk of the demand for milk comes from restaurants, tea vendors, hotels and government schools for the midday meal programme. Now, with all sectors closed for several months, demand for milk has plummeted by 25%, say traders.
A. Srinivas, a retailer of Dodla Dairy, used to sell over 160 litres of milk a day from a small outlet in Anantapur city. Now, he manages to barely sell over a 100 litres a day, as shops are being allowed to remain open only between 6 a.m. and 11 a.m., leading to a drop in customers.
Vijaya Dairy defunct
In an indication of the crisis that the sector finds itself in, the Andhra Pra...