Amul hikes milk prices by Rs 2 per litre
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The GCMMF cooperative, which markets dairy and milk products under the Amul brand, has increased milk prices by Rs 2 per liter with the effects of Tuesday due to the increase in input costs In a statement, the Marketing Federation of Gujarat Cooperative Milk (GCMMF) said he had decided to increase the price of milk by Rs 2 per liter in all Indian markets where Amul marketed fresh milk, effectively starting March 1.
“The increase in Rs 2 per liter is translated into a 4% increase in MRP which is far lower than the average food inflation,” he added In the Ahmedabad and Saurashtra market from Gujarat, the price of Amul Gold will be Rs 30 per 500 ml, Amul Taaza will be Rs 24 per 500 ml, and Amul Shakti will be at Rs 27 per 500ml.
“It is very valuable to note that in the last 2 years Amul only produces a 4% per year increase in the price of fresh milk categories,” GCMMF said This price hike is being carried out because of the increase in energy costs, packaging, logistics and animal feed which has led to an increase in the overall operating costs and milk production.
“Considering inputting input costs, our trade unions have also increased farmer prices in the range of Rs 35 to Rs 40 per kg of fat more than 5% from the previous year,” said the statement Amul as a policy of passing almost 80 Paise from every rupee paid by consumers for milk and dairy products to milk producers Price revisions will help maintain remunerative milk prices to our milk producers and to encourage them for higher milk production,
” GCMMF said GCMMF has the last price of hiking milk on July 202 to Rs 2 per liter.
The GCMMF cooperative, which markets dairy and milk products under the Amul brand, has increased milk prices by Rs 2 per liter with the effects of Tuesday due to the increase in input costs In a statement, the Marketing Federation of Gujarat Cooperative Milk (GCMMF) said he had decided to increase the price of milk…