Price of Milk: Before the new year, the common man has got a shock of inflation.
Mother Dairy Hikes Milk Rate: Milk seller Mother Dairy has announced to increase the price of its milk by Rs 2 per liter in the Delhi-NCR region. The new prices will be applicable from Tuesday.
This is the fifth time this year that Mother Dairy, the leading milk seller of Delhi-NCR region, has increased the price of milk. Mother Dairy sells more than 30 lakh liters of milk daily in Delhi and surrounding areas.
What did the company say?
Mother Dairy said, the price of full cream milk has now gone up to Rs 66 per liter while the revised price of toned milk will be Rs 53 per litre. At the same time, the price of double toned milk has increased to Rs 47 per litre.
However, the company has not increased the prices of milk bought from cow’s milk bags and tokens. Mother Dairy has attributed the increase in the cost of procurement from milk producing farmers for this price hike.
The company said that compared to last year, the procurement cost of milk has increased by about 24 percent this year.
The company said, it has been an unpredictable year for the milk industry. We are seeing a spurt in demand from both consumers and institutions even after festivals. On the other hand, the purchase of raw milk has not picked up pace even after Diwali.
Mother Dairy gives milks producers about 75-80 per cent of the price paid by consumers. The company has increased the price of milk several times this year. The last increase was on November 21, when it increased the prices of full cream milk by Rs 1 per liter and token milk by Rs 2 per liter in the Delhi-NCR market.
Earlier, Mother Dairy had increased the prices of full cream milk and cow’s milk by Rs 2 per liter in Delhi-NCR and some other markets in north India in October. In March and August too, the prices of all variants were increased by Rs 2 per litre.