National

Amul Milk Price Increases By Rs. 2 In All States Except Gujarat

Amul Milk

MD of GCMMF RS Sodhi informed about the new rate card, and with the hike, the price of full cream milk has increased from Rs 61 per litre to Rs 63 per litre

New Delhi: The Gujarat Cooperative Milk Marketing Federation (GCMMF), which sells milk and milk products under the brand name โ€˜Amulโ€™ increased the prices of full cream milk and buffalo milk by Rs 2 per litre across all the states except Gujarat, said officials on Saturday.

The Managing Director of GCMMF RS Sodhi informed about the new rate card. With the hike, the price of full cream milk has increased from Rs 61 per litre to Rs 63 per litre.

Earlier in August, the renowned milk brand cited a rise in input costs and increased the prices of milk by Rs 2 per litre on August 16.

The increase of Rs 2 per litre, Amul had said in the statement, translates into a 4 per cent increase in maximum retail price (MRP) which was lower than average food inflation.

โ€œThis 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. Considering the rise in input costs, our member unions have also increased farmersโ€™ prices in the range of 8-9 per cent over the previous year,โ€ the statement had added.

However, high inflation had been a challenge for India.

Also Read: โ€œAvoid Unidimensional View Of Indian Subsidiesโ€: Sitharaman To World Bank

For the record, Indiaโ€™s retail inflation remained above the Reserve Bank of Indiaโ€™s mandated range of 2-6 per cent for the third straight quarter. Data released on Wednesday showed retail inflation rose to 7.41 per cent in September from 7 per cent in the previous month.

Popular milk brands Amul and Mother Dairy had both last hiked milk prices by Rs 2 per litre in August to compensate for the increase in procurement costs. Before this, prices were increased in March.

(Except for the headline, this story has not been edited by HW News staff and is published from a syndicated feed.)

Dear Readers,
As an independent media platform, we do not take advertisements from governments and corporate houses. It is you, our readers, who have supported us on our journey to do honest and unbiased journalism. Please contribute, so that we can continue to do the same in future.
Some error occurred

Related posts

National Politics

PM Modi To Inaugurate PM Kisan Samman Sammelan 2022 On Monday

ANI
Pm

Prime Minister Narendra Modi will inaugurate the two-day event PM Kisan Samman Sammelan 2022 on Monday morning at Indian Agricultural Research Institute in New Delhi.

New Delhi:  Prime Minister Narendra Modi will inaugurate the two-day event PM Kisan Samman Sammelan 2022 on Monday morning at Indian Agricultural Research Institute in New Delhi.

The event will bring together more than 13,500 farmers from across the country and around 1500 Agri Startups, an official statement said on Saturday. โ€œMore than 1 crore farmers, from various institutions are expected to attend the event virtually.

The Sammelan will also witness the participation of researchers, policy makers and other stakeholders.โ€
Prime Minister will inaugurate 600 Pradan Mantri Kisan Samruddhi Kendras (PMKSK) under the Ministry of Chemicals & Fertilizers.

Under the scheme, the fertilizer retail shops in the country will be converted into PMKSK in a phased manner. PMKSK will cater to a wide variety of needs of the farmers and provide agri-inputs (fertilizers, seeds, implements); testing facilities for soil, seeds, and fertilizers; generate awareness among farmers; provide information regarding various government schemes and ensure regular capacity building of retailers at block/ district level outlets. More than 3.3 lakh retail fertilizer shops are planned to be converted into PMKSK.

During the event, Prime Minister will launch Bhartiya Jan Urvarak Pariyojana โ€“ One Nation One Fertilizer. Under the scheme, Prime Minister will launch Bharat Urea Bags, which will help companies market fertilizers under the single brand name โ€œBharatโ€.

In a reflection of the continued commitment of the Prime Minister towards the welfare of the farmers, during the event, Prime Minister will release the 12th instalment amount of Rs. 16,000 crores under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) through Direct Benefit Transfer.

Also Read:  Another Kashmiri Pandit Killed In J&Kโ€™s Shopian By Terrorists: Officials

Under the scheme, eligible farmer families are provided a benefit of Rs 6000 per year in three equal instalments of Rs 2000 each. So far, eligible farmer families have received benefits of more than Rs 2 lakh crore under PM-KISAN.

Further, Prime Minister will also inaugurate the Agri Startup Conclave and Exhibition. About 300 startups will showcase their innovation related to Precision Farming, Post-Harvest & Value Add Solutions, Allied Agriculture, Waste to Wealth, Mechanisation for Small Farmers, Supply Chain Management, Argi-Logistic, among others.

โ€œThe platform would facilitate startups to interact with farmers, FPOs, agri-experts, corporates etc. Startups will also share their experience and interact with other stakeholders in technical sessions.โ€

During the event, Prime Minister will also launch โ€˜Indian Edgeโ€™, an e-magazine on fertilizer. It will provide information on domestic and international fertilizer scenarios, including recent developments, price trends analysis, availability and consumption, and success stories of farmers, among others.

(Except for the headline, this story has not been edited by HW News staff and is published from a syndicated feed.)

Related posts

News Hub