Mother Dairy increased milk prices by Rs 2 per liter in Delhi-NCR

New Delhi. Mother Dairy on Monday announced a hike of Rs 2 per liter in milk prices in the Delhi-NCR market. The reason for this is said to be the increase in cost in the last 15 months. The increase in prices of all types of milk has come into effect from Monday (June 3) in Delhi-National Capital Region (NCR) as well as other markets. Dairy brand Amul announced a price hike on Sunday. Both these major milk suppliers have increased milk prices just after the completion of the voting process for the Lok Sabha elections.

Mother Dairy said in a statement that it is “increasing the prices of its liquid milk by Rs 2 per liter across all operational markets from June 3, 2024.” It said the increase in consumer price has been done mainly to compensate the producers for the increased production cost, which has been increasing for more than a year. Mother Dairy’s full cream milk will now be available in Delhi-NCR at Rs 68 per liter, while toned and double toned milk will be available at Rs 56 and Rs 50 per liter respectively. The prices of buffalo and cow milk will be Rs 72 and Rs 58 per liter respectively.

Token milk (bulk milk) will be sold at Rs 54 per liter. Mother Dairy currently sells 35 lakh liters of fresh milk per day in Delhi-NCR. It last changed the prices of its liquid milk in February 2023. The company said, “Despite paying higher prices for the purchase of milk in the last few months, consumer prices were kept unchanged. Apart from this, the heat has been unprecedented across the country and this is expected to further impact milk production. According to Mother Dairy, it spends an average of 75-80 percent of the income from milk sales on procurement. This helps in ensuring the continuity of ‘dairy farming’ and availability of quality milk.

Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets dairy products under the ‘Amul’ brand, on Sunday announced a hike of about Rs 2 per liter in milk prices across the country. The increased prices came into effect from Monday. GCMMF said in a statement issued late Sunday night that the increase of Rs 2 per liter will increase the maximum retail price by three to four percent, which is much less than the average food inflation.

Disclaimer: CricketInFocus has not edited this news. This news has been published from PTI-language feed.

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