New Delhi: Amul acknowledged on Monday that it’s going to increase the worth of its milk by Rs 2 per litre. According to the Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets milk and milk merchandise below the model identify Amul, the worth enhance applies to all milk kinds of the model, together with Gold, Taaza, Shakti, T-special, in addition to cow and buffalo milk.
Amul Gold will now value Rs 30 per 500 ml in Gujarat’s Ahmedabad and Saurashtra markets, Amul Taaza will value Rs 24 per 500 ml, and Amul Shakti will value Rs 27 per 500 ml.
“The Rs 2 per litre rise equates into a 4% increase in MRP, which is substantially lower than average food inflation,” the company famous in an official assertion.
The prices had been beforehand raised by Rs 2 per litre in July of final 12 months.
This value hike is being finished as a consequence of rise in prices of vitality, packaging, logistics and cattle feed that has led to a rise within the general value of operation and milk manufacturing.
“Considering the rise in input costs, our member unions have also increased farmers’ price in the range of Rs 35 to Rs 40 per Kg fat which is more than 5% over previous year,” the assertion mentioned.
Amul as a coverage passes on nearly 80 paise of each rupee paid by shoppers for milk and milk merchandise 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,” GCMMF mentioned.
GCMMF had final hiked milk prices in July 2021 by Rs 2 per litre.
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