Another blow to inflation: Amul hikes milk prices, new prices to be implemented from tomorrow

No essentials are left on the inflation list. Prices of everything from vegetables to milk are increasing. At that time, almost all the dairies increased the prices of milk-milk and butter after increasing the prices of their products. Amul has again increased the price of milk. Amul has increased the price of milk by two rupees per liter with effect from August 17.

Gujarat Cooperative Milk Marketing Federation (Amul Federation), through which milk and milk products are marketed under the Amul brand, across Gujarat, Delhi NCR, Mumbai, West Bengal and all other markets including Ahmedabad in milk price per liter from 17 August 2022. Rs. It has been decided to increase by 2.

From 17 August 2022, the price of 500 ml Amul Gold in the markets of Ahmedabad and Saurashtra is Rs. 31, while the price of 500 ml of Amul Taza is Rs. 25 and 500 ml Amul Shakti milk price Rs. 28 will be per. Amul has increased the price of milk per liter by Rs. 2 which implies an increase of 4% in percentage terms in the maximum selling price which is still lower than the average food inflation.

This price hike is due to increase in overall operation cost and milk production cost. Animal feed cost has increased by approximately 20% compared to last year. In view of the increase in input costs and animal feed, the affiliated milk unions of Amul Federation have also increased the milk procurement prices of farmers by 8-9% over the previous year.

As part of its policy, Amul pays about 80 paise to milk producers for every rupee paid by consumers for milk and milk products. Price improvement will help milk producers to maintain favorable milk prices and encourage them to produce more milk.