Milk Price Hike: After reaching the record level of Wholesale Inflation Rate (WPI), it is now seeing a decline. Inflation came down to 13.93 percent in the data released on Tuesday. Earlier it had reached a record high of 15.88 percent in May. On the other hand, Amul and Mother Dairy announced an increase in the price of milk. It was announced by both these major milk suppliers to increase the price of milk by Rs 2 per liter.
Prices hiked for the second time in six months The
new prices have come into effect from August 17 (Wednesday). Amul and Mother Dairy have increased milk prices for the second time in the last six months. Earlier in early March, both had increased the prices of milk by Rs 2 per liter. The Gujarat Co-operative Milk Marketing Federation (GCMMF), which sells milk and other dairy products under the Amul brand, said that the price of milk has increased by Rs 2 per liter in Ahmedabad and Saurashtra, Delhi-NCR, West Bengal, Mumbai and other markets of Gujarat. have decided to do.
Cost of animal feed increased by 20 per cent
A hike of Rs 2 per liter would lead to a four per cent increase in MRP (maximum retail price), which is lower than the average food inflation. GCMMF said, 'This increase in price is being done due to increase in the total cost of operation and production. Compared to the previous year alone, the cost of animal feed has increased by about 20 percent. In view of the increase in the cost of production, our member unions have also increased the prices for farmers by 8-9 per cent as compared to last year.
The cooperative society pays about 80 paise of every rupee paid by consumers for milk and milk products to milk producers. GCMMF said that the price revision will help in maintaining remunerative milk prices for our milk producers and encourage them to produce higher milk. Mother Dairy will also increase milk prices by Rs 2 per liter in Delhi-NCR (National Capital Region) from Wednesday.