Milk price hike: After Amul, Mother Dairy increases rates by Rs 2 per litre | Details
Milk price hike: After Amul, Mother Dairy increases rates by Rs 2 per litre | Details
Following Amul, Mother Dairy too raised the prices of milk by Rs 2 per litre. The new rates will come into effect from midnight 12 pm. With the revision in mil prices, Mother Dairy full-cream milk will cost Rs 61 per litre against Rs 59 per litre earlier.
Prices of toned milk will jump to Rs 51, double toned milk will rise to Rs 45 per litre. Cow milk price have been hiked to Rs 53 per litre.
Earlier, Mother Dairy had hiked milk prices by Rs 2 per litre in the Delhi-NCR (National Capital Region) in March.
Earlier, Amul announced to hike milk price by Rs 2 per litre in all states where Amul is marketing its fresh milk, effective August 17.
"Gujarat Cooperative Milk Marketing Federation, marketer of milk & milk products under the brand name Amul, increases milk prices by Rs 2/litre in Ahmedabad and Saurashtra of Gujarat, Delhi NCR, WB, Mumbai and all other markets, where Amul is marketing its fresh milk effective from 17 August," tweeted news agency ANI.
As per Gujarat Cooperative Milk Marketing Federation (GCMMF), the prices were raised for Amul's Gold, Taaza and Shakti milk brands by Rs 2 per litre.
This price hike is being done due to an increase in the overall cost of operation and production of milk, said the GCMMF in a statement.
The hike of Rs 2 per litre translates into a four per cent increase in MRP, which is lower than the average food inflation, the statement said.
"The cattle feeding cost alone has increased by approximately 20 per cent compared to last year. Considering the rise in input costs, our member unions have also increased farmers' prices in the range of eight to nine per cent over the previous year," the statement said.
Amul as a policy passes on almost 80 paise of every rupee paid by consumers to the milk producers, it said.
"The price revision shall help in sustaining remunerative prices for our milk producers and encourage them for higher milk production," the release added.
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