- Maharashtra milk prices to increase by Rs 2 per litre.
- Hike effective from August 11 due to rising costs
- Dairy product prices also expected to rise by 10 per cent.
The prices of cow and buffalo milk are set to go up by Rs 2 per litre in Maharashtra from Tuesday after representatives of major cooperative and private dairies approved a hike.
The decision was taken at a meeting of the Milk Producers and Processors Welfare Association chaired by its president Gopalrao Mhaske on Friday.
According to the association, diesel prices have increased by Rs 10 per litre while packaging expenses have increased by around 30 per cent. The procurement price of milk has risen and further increase is expected.
Considering these rising costs, the association has decided to increase the selling price of milk by Rs 2 per litre and the prices of dairy products by up to 10 per cent. The revised prices are scheduled to come into effect from August 11, it said.
Meanwhile, last month, the government informed Parliament that there was no proposal to introduce a Minimum Support Price (MSP) for milk, adding that prices would continue to be determined by cooperatives and private dairies based on market conditions.
In a written reply to a starred question in the Lok Sabha, Minister of Fisheries, Animal Husbandry and Dairying Rajiv Ranjan Singh alias Lalan Singh said milk prices are currently determined by cooperatives and private dairies, and there is no proposal to fix an MSP for the commodity.
The minister said the government is implementing several initiatives to protect the interests of dairy farmers, stabilise milk prices, safeguard consumer interests and strengthen quality monitoring across the country.
(Note: Except for the headline, this article has not been edited by The Daily Jagran and has been published through a syndicated feed. Source - PTI)