Nandini milk prices hiked by ₹2 per litre in Karnataka. Check how much will a packet cost you now

Karnataka Milk Federation said it would be enhancing the quantity of milk in its half and one litre packets by 50 ml.

Livemint
Updated25 Jun 2024, 02:37 PM IST
Prices will go up for all categories of milk under Nandini brand from tomorrow
Prices will go up for all categories of milk under Nandini brand from tomorrow(X)

The Karnataka Milk Federation (KMF) on Tuesday announced a hike in milk prices with effect from Wednesday (June 26). However, it also said it would be enhancing the quantity of milk in its half and one litre packets by 50 ml.

The hike in milk prices comes days after the Karnataka government increased the sales tax on fuel, causing the petrol prices to go up by 3 per litre and diesel by 3.5 per litre in the state.

Also Read | 53rd GST Council meeting: Student hostels, railway services exempted

In a statement, the KMF said the storage of milk in all district milk unions is increasing every day owing to the current harvest season. “The current storage is close to one crore litres.”

In this background, the KMF said, the price of each packet is being increased by 2 with an additional 50 ml of milk being given to the consumers only for each half liter (500ML) and one-litre (1000ML) packets.

Also Read | Day after election polling, Amul raises milk prices across all variants

Karnataka Cooperative Milk Producers Mahamandal (federation) is the second largest Mahamandal in the country in the dairy sector.

"KMF has been procuring and processing milk from more than 27 lakh dairy farmers of the state through its member milk unions for the past five decades and has been introducing a variety of superior quality milk and milk products under the brand name 'Nandini'," it stated.

Also Read | After Amul, Mother Dairy hikes milk prices by ₹2 per litre in Delhi-NCR

How much will a packet of Nandini milk cost now?

A 500 ml toned milk packet of Nandini that costed 22 till today, will now cost 24 with the hiked price. However, the 24 packet will contain 550 ml of toned milk.

Similarly, the 1000 ml (1 litre) packet which was priced at 42 and will now be sold as 1,050 ml at 44.

Also Read | Prices of ice cream, shakes may remain steady even as milk turns costlier

Similarly, prices will go up for other categories of milk under Nandini brand from tomorrow.

‘Only price of extra milk being collected’ 

Karnataka CM Siddaramaiah said that compared to last year, milk production in the state has increased by 15% this time. 

“In previous years, the daily average production of 90 lakh litres by this time has increased to an average of 99 lakh litres. Thus, the extra milk produced should be purchased from the farmers."

Terming good intention as the cause of price hike, the CM said, "…with the good intention of not refusing to get milk from them for any reason, adding an extra 50 ml of milk to a one-litre milk packet, the price of this extra milk is only 2 being collected from the consumers. There will be no increase in the price of milk."

 

 

 

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Business NewsNewsIndiaNandini milk prices hiked by ₹2 per litre in Karnataka. Check how much will a packet cost you now
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First Published:25 Jun 2024, 02:13 PM IST
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