After Mother Dairy, Amul raises milk prices by Rs 2/litre

By: |
Published: December 14, 2019 6:49:50 PM

In Ahmedabad, the price of Amul Gold will be Rs 28 per 500 ml, and Amul Taaza will be sold for Rs 22 per 500 ml.

Amul milk, Amul milk price hike, GCMMF, Gujarat, Delhi-NCR, West Bengal, Maharashtra, amul brand, Amul Gold, Amul Shakti, mother dairyAmul said it passes on almost 80 paise of every rupee paid by consumers for milk and milk products to the producers.

India’s leading milk supplier Amul on Saturday raised milk prices by Rs 2 per litre in Gujarat, Delhi-NCR, West Bengal and Maharashtra. “Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets dairy products under Amul brand, has decided to revise the milk prices by Rs 2 per litre being sold in Ahmedabad and Saurashtra markets of Gujarat, Delhi NCR, West Bengal, Mumbai and Maharashtra from December 15, 2019,” the cooperative said in a statement.

In Ahmedabad, the price of Amul Gold will be Rs 28 per 500 ml, and Amul Taaza will be sold for Rs 22 per 500 ml.
However, there will be no change in price of Amul Shakti which continues to be available at Rs 25 per 500 ml. Amul said in the last three years it has made only two price revisions for pouch milk, which works out to be only Rs 4 per litre and less than 3 per cent per annum increase in MRP.

“This year the price of cattle feed has increased by more than 35 per cent. Considering increase in cattle feed and other input costs, our member unions have increased milk procurement price in the range of Rs 100 to Rs 110 per Kg fat which is more than 15 per cent increase than last year for the 36 lakh milk producers of Gujarat,” the statement said.

Amul said it passes on almost 80 paise of every rupee paid by consumers for milk and milk products to the producers. This increase in milk prices by Rs 2 per litre has been done with an aim to sustain remunerative price to milk producers and encourage them for higher milk production, it added. GCMMF supplies 1.4 crore litres per day of milk across the country, of which 33 lakh litres is for Delhi-NCR.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Next Stories
1After 863-day wait, SBI set to recover this much as ArcelorMittal pays up for Essar Steel; what’s next for IBC
2Six coal mines under allotment process: Govt
3Express IT Awards: AI will bring social impact, says S Ramadorai