Home Business Amul Milk Prices to Increase by Rs 2 Per Litre from Tomorrow; Know Details

Amul Milk Prices to Increase by Rs 2 Per Litre from Tomorrow; Know Details

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Amul Milk Prices to Increase by Rs 2 Per Litre from Tomorrow; Know Details

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The Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets milk and other dairy products under the Amul brand, on Tuesday said it has increased the milk prices by Rs 2 per litre, or 4 per cent, effective Wednesday (August 17). The price of Amul Gold will be Rs 31 per 500 ml, Amul Taaza will be sold at Rs 25 per 500 ml, and Amul Shakti will be at Rs 28 per 500 ml.

“The Gujarat Cooperative Milk Marketing Federation, marketer of milk and milk products under the brand name of Amul, has decided to increase the milk prices by Rs 2 per litre in markets of Ahmedabad and Saurashtra of Gujarat, Delhi-NCR, West Bengal, Mumbai and all other markets where Amul is marketing its fresh milk effective from August 17, 2022,” it said in a statement.

The GCMMF said the increase of Rs 2 per litre translates into 4 per cent increase in MRP which is lower than average food inflation.

It added that this price hike is being done “due to the increase in the overall cost of operation and production of milk”. The cattle feeding cost alone has increased to about 20 per cent compared to last year. Considering the rise in input costs, our member unions have also increased farmers’ price in the range of 8-9 per cent over the previous year.

Amul as a policy passes on almost 80 paise of every rupee paid by consumers for milk and milk products to the milk producers. “The price revision shall help in sustaining remunerative milk prices to our milk producers and to encourage them for higher milk production”, the GCMMF said.

GCMMF sells 150 lakh litres of milk per day, of which Gujarat contributes around 60 lakh litres, Delhi-NCR 35 lakh litres and Maharashtra 20 lakh litres, he added.

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