Deficiency to sufficiency’ has been the much touted slogan in Indian dairying since it decided to traverse a path of organized development during the plan periods. With meager resources in terms of holding of land and livestock assets and other endowment, the milk producers have demonstrated their capabilities to accelerate milk production under a favourable policy regime. Today, India is the largest producer of milk in the World. Nearly two-thirds of India’s population derives their livelihoods from livestock and specifically from dairying directly and indirectly. Policy changes in the 1990s favouring liberalisation and globalization was aimed at effecting structural transformation in the national economy. The challenge is now that how could we make strategy, preferring a short-term reactive approach over a more coherent long term sustainable approach towards inclusive growth, a laid out policy framework in our planned development. The challenge is also that how could India plan to re-boot its economic growth model by moving from an external market-led approach to one with internal consumerism with a new focus on developing service industries to foster growth and development. India’s urbanization has been driving growth without risking social security, shifting to more market-based interest rate and currency systems, reining in the state-owned enterprises that could impede innovation and making noise about curbing pollution. It could open up to foreign capital inflows for developing back end infrastructure facilities without harming the dairy cooperatives, which are striving to expand and strengthen their network to
protect the interests of small dairy farmers for sustainable inclusive growth. It must open up completely too foreign capital inflows for developing the back end infrastructure facility creation instead to enjoy or break the old age Dairy Cooperatives motto, which need to expand and strengthen their network to protect the interests of small dairy farmers. It must do so on an ex-post basis that can be justified with legitimate national interest arguments rather than on an ex-ante basis that prevents flow of fund from coming into the extent it can and wants to.

Keywords: Globalization; Livestock; Urbanization; Consumerism.