Amul, Mother Dairy to hike milk prices by Rs 2 a litre from tomorrow
Amul and Mother Dairy have announced a hike of Rs 2/litre on fresh milk in a few districts from tomorrow.
Post this revision, the price of Amul Gold in Ahmedabad and Saurashtra markets will be Rs 31 per 500 ml, Amul Taaza will be Rs 25 per 500 ml, and Amul Shakti will be at Rs 28 per 500ml, it said in a statement on Tuesday.
The increase of Rs 2 per litre, Amul said in the statement, translates into a 4 per cent increase in maximum retail price (MRP) which is lower than average food inflation.
“This price hike is being done due to an increase in an overall cost of operation and production of milk. The cattle feeding cost alone has increased to 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 8-9 per cent over the previous year,” the statement added.
Read more at: ECONOMIC TIMES
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