The Karnataka Cabinet has approved an increase of Rs 8 per litre in Nandini milk prices from November 1, with Rs 7 of the hike earmarked for farmers and the remaining Re 1 for milk cooperatives.
Following the revision, farmers will receive Rs 42 per litre, up from the current Rs 35. The existing incentive of Rs 5 per litre will continue, taking the total amount received by farmers to Rs 47 per litre.
The price revision was proposed by the milk federation and approved by the state government.