Amul raises milk costs by ₹2/litre nationwide

The Gujarat Cooperative Milk Advertising and marketing Federation (GCMMF), which markets milk and milk merchandise below the model identify Amul, has elevated the costs of contemporary pouch milk by roughly ₹2 per litre, efficient in all markets throughout the nation.

The brand new milk costs, efficient June 3, come instantly after the seven-phase Lok Sabha elections concluded. Gujarat-based GCMMF defended the transfer to hike costs by stating, “The rise of ₹2 per litre interprets to a spread of 3-4 per cent enhance in MRP, which is way decrease than common meals inflation. It’s worthwhile to notice that since February 2023, Amul has made no enhance in costs of Recent Pouch milk in main markets.”

• Learn: Amul milk to be costlier by upto ₹3/litre throughout India

“This worth hike is being performed as a result of a rise in total value of operation and manufacturing of milk. Our member unions have additionally elevated farmer’s worth roughly by 6-8% over the past one 12 months,” the assertion added. 

GCMMF additionally said that, as a coverage, it passes on virtually 80 paise of each rupee paid by shoppers for milk and milk merchandise to the milk producers. “The worth revision shall assist in sustaining remunerative milk costs to our milk producers and to encourage them for greater milk manufacturing,” it added.