The Gujarat Cooperative Milk Marketing Federation (GCMMF), marketer of milk and milk products under Amul, has decided to raise the milk prices by Rs.2 per litre. The new rates of milk will come into effect from today, March 1, 2022, across India.
From today onwards, Amul Gold will be priced at Rs.30 per 500 ml, Amul Taaza will be priced at Rs.24 per 500 ml and Amul Shakti will be priced at Rs.27 per 500 ml.
The GCMMF has said that the increase in rs.2 per litre translates into a 4% rise that is much lower than the average food inflation. It was in July last year when the company had hiked milk prices.
The statement of the company said, “This price hike is being done due to rise in costs of energy, packaging, logistics, cattle feeding cost – thus the overall cost of operation and production of milk has increased.”
It further added, “Considering the rise in the input costs, our member unions have also increased farmers’ price in the range of Rs.35 to Rs.40 per kg fat, which is more than 5 percent over the previous year.”