Mother Dairy will increase milk prices by Rs 2 per litre in Delhi-NCR with effect from Sunday due to rise in procurement costs. The price hike comes soon after Amul, Parag and other leading dairy suppliers of India increased the price of milk by Rs 2 per litre across all its varieties from March 1.
"In view of the rising procurement prices (amount paid to farmers), fuel costs and costs of packaging material, Mother Dairy is compelled to raise its liquid milk prices by Rs 2/litre in Delhi NCR with effect from March 6, 2022," the company said on Saturday. The areas where Mother Dairy milk will be costlier from March 6 also include Haryana, Western Uttar Pradesh and Uttarakhand. Mother Dairy had last raised the milk prices in July 2021.
Full cream milk will cost Rs 59 per litre from Sunday, up from Rs 57 per litre Prices of toned milk will increase to Rs 49, while double toned milk will rise to Rs 43 per litre. Cow milk prices have been hiked to Rs 51 per litre from Rs 49 per litre. Bulk vended milk (token milk) price has been raised to Rs 46 from Rs 44 per litre.
"In view of the rising procurement prices (amount paid to farmers), fuel costs and costs of packaging material, Mother Dairy is compelled to raise its liquid milk prices by Rs 2/litre in Delhi NCR with effect from March 6, 2022," the company said on Saturday.
The company said it has been experiencing a surge in varied input costs which have increased multifold. The procurement prices (amount paid to farmers) have alone firmed up by about 8-9 per cent since July 2021. The other costs have also gone up, it said.
"The surge in farm prices is only being partially passed on to the consumers, with an effective revision of only 4 per cent, which is lower than the increase witnessed in the farm prices and overall food inflation, thereby securing the interests of both the stakeholders," the company said.
"As a responsible organization, Mother Dairy has consistently worked towards providing remunerative prices to milk producers, thereby ensuring the sustainability of dairying and availability of quality milk," the statement added.