Pinch to common mans pocket: Amul hikes milk prices by Rs 2 on Saturday - third such raise this year
Amul milk price hike: Earlier in August, major milk producers and distributors, including Amul had increased the price of their products by Rs 2. Mother Dairy had also followed the Amuls suite increasing the price of the milk by Rs 2 per litre.
Amul milk price hike: The Indian dairy major Amul has secretly increased the price of milk packets on Saturday. The Gujarat Cooperative Milk Marketing Federation hiked the price of its full cream milk by Rs 2 per litre to Rs 63 per litre from Rs 61 a litre earlier.
However, no statement has been issued by the company yet on the increase in the price of milk, according to Zee Business channel.
This is the third such raise in the milk prices taken by Amul. The company earlier in August and March increased their milk product prices given higher input costs.
Earlier in August, major milk producers and distributors, including Amul had increased the price of their products by Rs 2. Other well-known milk brand such as Mother Dairy had also followed the Amul’s suite increasing the price of the milk by Rs 2 per litre.
It is expected that today's increased price may influence household budgets considering milk is one of the most consumed commodities.
New Prices
According to the new rate, Amul Shakti milk was now available at Rs 50 per litre, Amul Gold at Rs 62 per litre and Amul Taza at Rs 56 per litre.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.