The hike of Rs 2 per litre will translate right into a 4 per cent improve in MRP.
New Delhi:
Main milk suppliers Amul and Mom Dairy will improve milk costs by Rs 2 per litre with impact from Wednesday on account of rising enter prices.
That is the second hike by Amul and Mom Dairy in almost six months. At first of March, each had elevated milk costs by Rs 2 per litre.
The Gujarat Cooperative Milk Advertising and marketing Federation (GCMMF), which sells milk and different dairy merchandise underneath the Amul model, on Tuesday stated it has determined to extend the milk costs by Rs 2 per litre in Ahmedabad and Saurashtra of Gujarat, Delhi-NCR, West Bengal, Mumbai and different markets efficient from August 17.
The hike of Rs 2 per litre will translate right into a 4 per cent improve in MRP (Most Retail Value) which is decrease than the typical meals inflation, it stated in a press release.
“This price hike is being done due to an increase in overall cost of operation and production of milk. The cattle feeding cost alone has increased to approximate 20 per cent compared to last year. Considering the rise in input costs, our member unions have also increased farmers’ price in the range of 8-9 per cent over the previous year,” GCMMF stated.
The co-operative passes on nearly 80 paise of each rupee paid by shoppers for milk and milk merchandise to the milk producers.
The value revision shall assist in sustaining remunerative milk costs to our milk producers and to encourage them for increased milk manufacturing, the GCMMF stated.
Individually, Mom Dairy introduced that it’s going to hike milk costs within the Delhi-NCR (Nationwide Capital Area) by Rs 2 per litre from Wednesday.
Mom Dairy is a number one milk provider within the Delhi-NCR market and sells greater than 30 lakh litres per day in poly packs and thru merchandising machines.
An organization official on Tuesday stated it’s “compelled” to boost its liquid milk costs by Rs 2 per litre with impact from August 17, 2022. The brand new costs might be relevant for all milk variants.
Full cream milk will value Rs 61 per litre from Wednesday, up from Rs 59 per litre.
Costs of toned milk will improve to Rs 51 whereas double toned milk will rise to Rs 45 per litre. Cow milk worth have been hiked to Rs 53 per litre.
Bulk vended milk (token milk) worth has been raised to Rs 48 from Rs 46 per litre.
The corporate has witnessed a rise in enter prices within the final 5 months, the official stated.
For example, the farm costs of uncooked milk have spiked by about 10-11 per cent.
Likewise, the price of feed and fodder has additionally witnessed a major rise because of the warmth wave and prolonged summer time season.
In keeping with the official, the surge in farm costs is simply being partially handed on to the shoppers, thereby securing the pursuits of each the stakeholders – shoppers and farmers.
The corporate spends round 75-80 per cent of the gross sales realisation from milk in the direction of the procurement of milk from the farmers.
GCMMF stated that Amul full cream milk might be out there at Rs 62 per litre in Ahmedabad, Kolkata, Delhi-NCR and Mumbai whereas toned milk might be bought at Rs 50 in Ahmedabad and Rs 52 every within the remaining three markets.
Amul’s double toned milk worth has been elevated to Rs 44 in Ahmedabad and Rs 46 per litre in Kolkata and Delhi-NCR.
GCMMF sells greater than 150 lakh litres of milk per day and out of the entire amount, Delhi-NCR accounts for almost 40 lakh litres per day.
India is the world’s largest milk producer.
(Aside from the headline, this story has not been edited by NDTV employees and is revealed from a syndicated feed.)
