From July 1, Amul will raise milk costs by 2 rupees per litre

Amul milk

The Gujarat Cooperative Milk Marketing Federations declared on Wednesday that Amul milk will be 2 per litre more expensive across the country from July 1. The price increase will apply to all Amul milk brands, including Gold, Taaza, Shakti, and T-special, as well as cow and buffalo milk. Officials said the price is being raised after a roughly one-year and seven-month hiatus. According to the corporation,

the price hike is due to an increase in production costs. The increase in the milk price was necessary, according to RS Sodhi, Managing Director of GCMMF, which markets the Amul brand of milk and dairy products." Additionally, the cost for packaging has gone up by 30 to 40 per cent, the transportation cost by 30 per cent, and the energy cost by 30 per cent, which led to the increase in the input cost," he said. "The increase of ₹2 per litre translates into a 4% increase in MRP, which is much lower than average food inflation," the company statement read."Given the increase in input costs, our member unions have also increased farmers' price in the range of ₹45 to ₹50 per kg fat, which is more than 6% over the previous year," the company added to its statement.

 

More

SPORTS

Sourav Ganguly is the owner of a football club linked with the new IPL franchise owner

Sourav Ganguly has been facing new questions of conflict regarding the interest as the BCCI president is the co-owner of a football team along with Sa...

India vs Pakistan: Student from Kashmir was attacked in BGIET, Sangrur

Pakistan beat India in the ongoing ICC T-20 World Cup in UAE on Sunday night with 10 wickets. After the match finished, several students belonging to...

States & UTs

Sameer Wankhede isn't Bollywood-focused, his wife says; Dad says he's tormented by the allegations

NCB regional director Sameer Wankhede is not targeting Bollywood, his wife Kranti Redkar told India Today on Monday. He also responded to the allegati...

A black day in the history of India. “The truth behind the 22nd October- Black day of Kashmir.”

27th of October is observed as the Black Day. During this day India had invaded the disputed Jammu and Kashmir back in 1947.Alastair Lamb, in his book...

POLITICS

Captain Amarinder: 'Yes, I am forming a party, can go for a seat-sharing pact with BJP.'

Ahead of the nation polls subsequent year, former Punjab chief minister Amarinder Sin...

PM Modi To Inaugurate 9 Medical Colleges In Uttar Pradesh Today

Prime Minister Narendra Modi will inaugurate 9 clinical faculties in Uttar Pradesh at 10:30 am tomor...

ENTERTAINMENT

SRK’s manager Pooja Dadlani’s old post goes viral

Shah Rukh Khan’s manager Pooja Dadlani has been status strong with the actor and his family wi...

Mahesh Manjrekar shares his story of fighting against cancer while shooting for “Antim: The final truth.”

Mumbai: actor-filmmaker Mahesh Manjrekar announced on Monday that he is cancer-free. The actor even...

About

The Live Newz is an independent, budding and online news portal that came into existence recently. Our mission is to create and deliver the finest news for the readers. We act as a cutting-edge platform that provides the users with every update on recent happenings. We aspire to be true to the journalistic values and maintain the standard of its excellence by presenting the truth to the readers.