Amul hikes milk prices by Rs 2 from March 1; check rates of different products

Amul has increased the price of milk by Rs 2.  According to Amul, these prices have been increased due to increase in production cost.

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The increase of Rs 2 per litre translates into a 4 per cent rise in MRPs, which is much lower than the average food inflation, the GCMMF said.

"In the Ahmedabad and Saurashtra markets of Gujarat, the price of Amul Gold milk will be Rs 30 per 500 ml, Amul Taaza will be Rs 24 per 500 ml, and Amul Shakti will be at Rs 27 per 500 ml," the Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets the Amul brand of milk and dairy products, said in a statement.

With the rise in the price of milk by Amul, the revised prices for the various products of 500 ml are as follows:

1) Amul Gold will now cost Rs 30

2)  Amul Fresh will now cost Rs 24

3)  Amul Shakti will now cost Rs 27

In the last two years, Amul hiked prices of fresh milk category by only 4 per cent increase per annum, the statement from Amul said.

With the Rs 2 hike, full cream milk in Ahmedabad, Delhi NCR, Kolkata and Mumbai metro markets will be Rs 60 per litre, while toned milk will be Rs 48 per litre in Ahmedabad, and Rs 50 per litre in Delhi NCR, Mumbai and Kolkata, as per a PTI report.

The statement from Amul further said, "This price hike is being done due to rise in costs of energy, packaging, logistics, cattle feeding cost- thus the overall cost of operation and production of milk has increased."

"Considering the rise in the input costs, our member unions have also increased farmers' price in the range of Rs 35 to Rs 40 per kg fat, which is more than 5 per cent over the previous year," it added.

Amul passes on almost 80 paise of every rupee paid by consumers for milk and milk products to the milk producers, it said.

As per a PTI report, GCMMF said, "The price revision shall help in sustaining remunerative milk prices to our milk producers and to encourage them for higher milk production."