Amul hikes milk costs by Rs 2 per liter from Tuesday

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The Gujarat Cooperative Milk Marketing Federation (GCMMF) has elevated the value of milk by Rs 2 per liter in all markets throughout India. The new costs will probably be efficient from Tuesday.

This is the second time this fiscal that the value of milk is being hiked. In June 2021, GCMMF raised the value by Rs 2 per liter, The dairy cooperative defended its determination on Monday by stating, “The increase of Rs 2 per liter translates into 4% increase in MRP which is much lower than average food inflation.”

In the Ahmedabad and Saurashtra markets of Gujarat, Amul Gold will now value Rs 30 per 500 ml, Amul Taaza will value Rs 24 per 500 ml and Amul Shakti will probably be bought at Rs 27 per 500ml. “This value hike is being carried out because of rise in prices of vitality, packaging, logistics, cattle feeding value, thus total value of operation and manufacturing of milk has elevated. Considering the rise in enter prices, our member unions have additionally elevated farmers’ value within the vary of Rs 35 to Rs 40 per kg fats which is greater than 5% over earlier 12 months,” the discharge added.

“Amul as a policy passes on almost 80 paise of every rupee paid by consumers for milk and milk products to the milk producers. The price revision shall help in sustaining remunerative milk prices to our milk producers and to encourage them for higher milk production,” the GCMMF said.

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With inputs from TheIndianEXPRESS

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