Ahead of the Lok Sabha elections in 2024, the general public has been surprised by inflation.
The Gujarat Cooperative Milk Marketing Federation (GCMMF) has raised the price of Amul milk by Rs 2 per liter.
The higher prices for fresh milk will start on Monday, June 3.
GCMMF announced this price increase before the Lok Sabha election results on June 4, causing concern about inflation.
As per our partner CNBC TV18, the price of Amul milk has risen by Rs 2 per liter due to increased production costs.
This change will take effect from June 3, 2024. This includes Amul Gold, Amul Taza, and Amul Shakti.
The price of all milk, except Amul Taj Nana Pouch, has been raised by Rs 2 per liter. This change will impact milk prices nationwide.
The federation informed CNBC-TV18 via a statement that the price increase is due to higher operational and production costs for milk.
Our member unions have raised prices for farmers by approximately 6-8% compared to last year.
GCMMF states that Amul allocates about 80 paise out of every rupee paid by consumers for milk and milk products to producers.
In a statement, it mentioned,
“The price adjustment will ensure fair prices for our milk producers and motivate them to increase milk production.”
In a separate update, the Kerala Cooperative Milk Marketing Federation (KCMMF), also known as Milma, announced on June 1 that it’s implementing a comprehensive strategy to bolster the state’s cooperative dairy industry and attain self-sufficiency in milk production.
Improving productivity and aiding dairy farmers facing higher input expenses are crucial aspects of this initiative, as mentioned by Milma chairman KS Mani in an article commemorating World Milk Day, observed on June 1.
He highlighted the state government’s efforts in executing various projects to boost milk production and fulfill the entire domestic demand.
