Another spike in prices: Amul, Mother Dairy raise the price of milk

Milk Price Hike : The headline inflation may be easing for data watchers but for consumers the price rise is relentless. Milk price has been hiked by Rs 2/litre by Amul as well as Mother Dairy.

With the Rs 2 hike, full cream milk in Ahmedabad, Delhi NCR, Kolkata and Mumbai metro markets will cost Rs 62 per litre, while toned milk will be sold at Rs 50 per litre. For Amul Shakti, customers have to pay Rs 56 per litre.

This price hike is being done due to an increase in the overall cost of operation and production of milk. The cattle feeding cost alone has increased to approximately 20 per cent compared to last year, Amul said. "Considering the rise in input costs, our member unions have also increased farmers’ prices in the range of 8-9 per cent over the previous year," Amul said in a statement.

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This marks the 3rd big hike in prices in just under 1 year.