Ahead of Diwali, in what would put a further burden on household budgets, the Gujarat Cooperative Milk Marketing Federation Ltd, which markets its products under the Amul brand, and Mother Dairy on Saturday hiked the price of milk by `2 per litre.
Interestingly, though, the prices have not been raised in Gujarat, which is scheduled to go polls by the end of this year.
“Amul has increased prices of full cream milk, gold and buffalo milk by `2 per litre in all States except Gujarat,” RS Sodhi, MD, Gujarat Cooperative Milk Marketing Federation Limited said.
The price of full cream milk has increased from Rs 61 per litre to Rs 63 per litre. The cooperative had last increased the milk prices on August 17 by Rs 2 per litre citing a rise in milk procurement cost.
Amul has also increased the price of gold and buffalo milk by Rs 2 per litre. The decision to hike the prices of milk has been taken amid a surge in demand in dairy fat prices.
After Amul, Mother Dairy also hiked the prices of full cream milk and cow milk by Rs 2 per litre in Delhi and NCR from Sunday. This is the third round of price hike by Mother Dairy this year. In March, Mother Dairy increased milk prices by Rs 2 per litre in the Delhi-NCR (National Capital Region). The company had in mid-August also hiked milk prices in the Delhi-NCR by Rs 2 per litre.
The Punjab State Cooperative Milk Producers Federation Limited (Milkfed), which sells milk products under the Verka brand, will also raise milk prices by Rs 2 per litre with effect from Sunday.
“...We are revising the prices of full cream and cow milk variants by rs 2/litre. The revision in these two variants is effective from October 16, 2022,” a Mother Dairy spokesperson said.
“The dairy industry has been experiencing a consistent surge in raw milk prices, which has increased by about Rs 3 per kg in the last two months alone, owing to multi-fold increase in varied input costs,” the spokesperson said.