Amul on Monday, May 20, said it will increase milk prices by Rs 2 per litre in Delhi NCR, Maharashtra and other states Tuesday onwards, owing to an increase in production cost.
Milk prices were last revised in March 2017, according to Gujarat Cooperative Milk Marketing Federation (GCMMF).
The new price will come into effect from May 21 onwards in major markets of Delhi-NCR, Gujarat, West Bengal, Kolkata, Uttaranchal, Maharasthra and other states, the GCMMF stated. It added that the cow milk prices will remain unaffected in Gujarat.
“This increase in milk prices by Rs 2 per litre has happened after a gap of two years with an aim to provide remunerative milk purchase price to our milk producers owing to drop in milk production and increase in cost of production,” GCMMF said.
The Amul MD said that due to an increase in the rates of animal fodder, the company was purchasing milk from farmers at a higher rate and hence had to hike the consumer prices.