- Mother Dairy’s worth hike of ₹2 per litre will take impact from Sunday
- Milk costs had been final revised in December 2019
- On July 1, Amul hiked milk costs by ₹ 2 per litre throughout all cities
Leading milk provider Mother Dairy has elevated milk costs in Delhi-NCR and different cities by Rs 2 per litre with impact from Sunday on rising enter value. Milk costs had been final revised in December 2019.
Justifying the hike, Mother Dairy mentioned that procurement value of milk from dairy farmers has gone up by 8-10 per cent within the final one 12 months. Other operational prices have additionally risen.
On July 1, Amul hiked milk costs by Rs 2 per litre throughout all cities.
Mother Dairy mentioned it’s “compelled to raise its liquid milk prices by Rs 2/litre in Delhi NCR with effect from July 11, 2021.”
Prices are additionally being revised throughout key markets together with east and central Uttar Pradesh, Mumbai, Nagpur and Kolkata from July 11 onwards to the tune of Rs 2/litre on the present prevailing MRP in respective markets, it added.
Mother Dairy milk is on the market in over 100 cities throughout the nation.
It sells round 30 lakh litres of milk per day in Delhi-NCR, whereas the whole sale is 35 lakh litre per day.
“The company has been experiencing inflationary pressure on the overall input costs which has increased multifold in last one year, accompanied by the distress in milk production due to the ongoing pandemic,” the assertion mentioned.
In the final one 12 months, the farm costs have elevated to the tune of 8-10 per cent coupled with mounting operational prices of processing, packaging and logistics.
“It is pertinent to note that the farm prices of milk alone have firmed up by about 4 per cent in the last 3-4 weeks. Despite paying higher prices towards milk procurement in the last one year, the consumer prices were kept intact. With this revision, the milk prices are undergoing a revision of 4 per cent,” Mother Dairy mentioned.
The firm mentioned it has at all times tried to strike the suitable steadiness between the customers and the milk producers.
“The surge in farm prices is only being partially passed on to the consumers, thereby securing the interests of both the stakeholders,” it added.
Mother Dairy highlighted that it passes near 75-80 per cent of the gross sales realisation from milk in direction of the procurement of milk.
“The company believes in giving competitive and remunerative prices to the farmers to ensure sustainability of dairying and availability of safe milk for consumers,” the assertion mentioned.
As per the revised costs, bulk vended milk (token milk) will probably be offered at Rs 44 per litre from Sunday as in opposition to the present worth of Rs 42 per litre.
Full cream milk (poly pack) will probably be out there at Rs 57 per litre up from Rs 55 per litre now.
Prices of toned milk has been revised to Rs 47 from Rs 45 per litre, whereas double toned milk (Live Lite) charges have gone as much as Rs 41 from Rs 39 per litre.
Cow milk will value Rs 49 from Sunday as in opposition to Rs 47 per litre now.
Rates of half litre milk pouch have been elevated by Rs 1, which implies an efficient hike of Rs 2 per litre.
(Except for the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)